Cessna 150 financing, specs & price
Iconic trainer, fabric seats, manual flaps. Built 1959-1977; Continental O-200-A (100 hp); 2 seats; 90-knot cruise.
What a 150 costs to finance
Payment examples at three price points, using typical lender guidelines for single-engine aircraft and a 7.75% illustrative APR. Your rate depends on credit, loan size, term and the specific airplane.
| Example | Price | Down | Loan | Term | Payment @ 7.75% | Range @ 6.99–9.99% |
|---|---|---|---|---|---|---|
| Older / higher-time | $18,000 | 15% ($2,700) | $15,300 | 15 yrs | $144/mo | $137–$164 |
| Mid-market (most common) | $25,000 | 15% ($3,750) | $21,250 | 15 yrs | $200/mo | $191–$228 |
| Late / low-time | $35,000 | 15% ($5,250) | $29,750 | 15 yrs | $280/mo | $267–$320 |
Principal and interest only; excludes insurance, taxes and fees. Prices are typical asking ranges from our aircraft database — verify any specific airplane with Vref or Aircraft Bluebook and a pre-buy inspection. Not a quote or commitment to lend.
Get real numbers for your 150
Share the tail number or listing and your timeline — a specialist will price it across multiple lenders.
150 specifications & operating economics
Performance & capacity
- Engine
- Continental O-200-A (100 hp)
- Production
- 1959-1977
- Seats
- 2
- Cruise
- 90 kts
- Range
- 420 NM
- Fuel capacity
- 26 gal
Fuel economics (September 2026)
- Fuel burn
- 5.6 gph
- Fuel cost per hour
- $41
- Fuel cost per nautical mile
- $0.45
- Endurance (no reserve)
- 4.6 hrs
- Fuel for 100 hrs/yr
- $4,054
100LL at $7.24/gal (AirNav national average, September 2026).
What lenders and underwriters look at on a 150
- Age-related corrosion in older airframes
- Check SMOH carefully—O-200 typically 1800 TBO
- Fabric wear in seats and headliner
- Manual flap actuator condition
- Verify all AD compliance (seat tracks, etc.)
Pre-buy inspection focus areas
- Corrosion in lower fuselage, strut attach points
- Wing spar corrosion (common in high-humidity storage)
- Exhaust system condition
- Fuel tank sealant condition
Pre-buy inspections are typically paid out of pocket, not financed. See the pre-buy checklist.
Cessna 150 financing FAQs
How much does a Cessna 150 cost?
Typical asking prices for a Cessna 150 run from about $18,000 for older or higher-time examples to $35,000 for late, low-time ones, with most trading near $25,000. Engine time, avionics, damage history and paint/interior drive the spread — confirm with a Vref or Aircraft Bluebook valuation and a pre-buy inspection.
What is the monthly payment on a Cessna 150?
At a $25,000 purchase price with 15% down ($3,750), a $21,250 loan over 15 years is about $200 per month at 7.75% APR, or roughly $191–$228 across the 6.99%–9.99% range lenders published as of September 2026. Principal and interest only.
How much down payment do I need for a Cessna 150?
Plan on at least 15% down for a single-engine aircraft built after 1960, and about 20% for examples built before 1960. Twenty-year terms are generally available on loans of $75,000 or more.
What does a Cessna 150 cost to fly per hour in fuel?
At about 5.6 gallons per hour and the September 2026 national average of $7.24 per gallon for 100LL, fuel alone is roughly $41 per hour, or about $0.45 per nautical mile at a 90-knot cruise. Add reserves, insurance, storage and the annual for the full picture.
Can I finance an older Cessna 150?
Usually, yes. Lenders finance piston singles without a fixed age limit, though pre-1960 aircraft may need a larger down payment and shorter term, and airframes over 10,000 hours are often excluded. Complete logbooks, AD compliance and a clean pre-buy matter more than the year on an older 150.
More Cessna aircraft
- Cessna 152 · ~$30,000
- Cessna 162 Skycatcher · ~$75,000
- Cessna 170B · ~$50,000
- Cessna 172 Skyhawk · ~$125,000
- Cessna 175 Skylark · ~$38,000
- Cessna 177 Cardinal · ~$65,000
- Cessna 180 Skywagon · ~$140,000
- Cessna 182 Skylane · ~$150,000
Similar price range
- Beechcraft Musketeer 19 · ~$25,000
- Grumman American AA-1 Yankee · ~$26,000
- Cessna 152 · ~$30,000