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This aircraft has closed. We're sharing it because the financing profile is relevant to anyone considering a similar purchase.
Make / Model
Cirrus SR22 G6
Engine
IO-550-N
Continental, 310 hp, normally aspirated
Cruise Speed
183 ktas
At altitude
Rate at Closing
6.15%
Certified piston
About the 2023 Cirrus SR22 G6
The G6 is the most refined SR22 generation to date, pairing the naturally aspirated 310-horsepower Continental IO-550-N with the Cirrus Perspective+ by Garmin avionics suite, LED exterior lighting, and a reworked interior. Unlike the turbocharged SR22T, the standard G6 is built for buyers who fly primarily at lower to moderate altitudes and want the SR22's speed and technology without the added complexity and maintenance of a turbocharged powerplant.
This particular airplane went to a Florida buyer upgrading from a smaller single, drawn to the SR22's parachute-equipped safety architecture (CAPS), useful load, and cabin comfort for regional and cross-country travel. At $741,625, it was the largest transaction in this batch of closings and reflects a broader trend: SR22 volume has been especially strong this quarter, with the G6 continuing to be one of the most consistently financed high-performance singles in the country.
How We Financed This Aircraft
Larger loan amounts on newer, well-optioned aircraft like this one generally support more favorable rate and term outcomes, provided the buyer brings a solid down payment and credit profile. On a purchase of this size, the lender's appraisal and title work track closely with the SR22's active resale market, where comps are plentiful and well-documented compared to older or more niche airframes.
The buyer's down payment on this transaction was comfortably above the 15-20% baseline typical for certified piston aircraft, which, combined with strong credit and a newer airframe, supported a rate meaningfully below the certified piston average. CAPS maintenance status (the parachute repack interval) was confirmed early, since it affects both airworthiness and resale value on any Cirrus.
On a loan this size, a strong down payment and a newer, well-documented airframe do most of the work in getting to a favorable rate.
What to Expect in the Process
A typical SR22 G6 or comparable high-value single financing transaction includes:
- Pre-qualification: Establishes budget and loan structure before you start shopping for a specific airframe.
- Aircraft specification: Documentation of avionics configuration, CAPS parachute repack status, and airframe/engine times.
- Pre-purchase inspection: A Cirrus-experienced shop reviews airframe condition, avionics, and composite structure.
- Title search: Standard for all transactions through the FAA Aircraft Registry.
- Insurance: Underwriters evaluate pilot time in type and total experience for a high-performance single.
- Closing: Funds and title transfer through escrow once inspection and insurance are finalized.
The full process is covered on our loan process page.
Questions Buyers Ask About SR22 G6 Financing
Does a larger loan amount get a better interest rate? +
Not automatically, but larger loans on newer, well-documented aircraft with strong down payments and credit profiles often see more favorable rates, since the lender's risk per dollar financed is typically lower.
How does the non-turbo SR22 differ from the SR22T for financing purposes? +
Both finance similarly, but appraisers and insurers note the difference in powerplant complexity and mission. The naturally aspirated G6 typically sees slightly lower maintenance reserve assumptions than the turbocharged SR22T.
Does the CAPS parachute system affect financing? +
Yes, indirectly. The parachute repack interval is a known maintenance cost lenders and appraisers factor into value and reserve planning. Confirming repack status early keeps the file on schedule.
How much down payment is typical for an SR22 G6? +
Most transactions in this category see 15-20% down, though buyers financing newer, higher-value airframes often bring more to secure better terms, as was the case here.
Do I need previous Cirrus time to get approved? +
Not necessarily, but insurers weigh total time, time in complex or high-performance singles, and any Cirrus-specific transition training. A documented transition training plan helps buyers new to the type.
What loan terms are available for aircraft in this price range? +
Terms of 15-20 years are common for certified piston aircraft above $500,000, with structure tailored to the buyer's down payment, credit profile, and intended use.
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