Piston Aircraft Loans

Cessna 162 Skycatcher financing, specs & price

Light Sport, composite construction. Built 2009-2013; Continental O-200-D (100 hp); 2 seats; 118-knot cruise.

Piston single Typical price $60,000–$90,000 ~$40/hr fuel

What a 162 Skycatcher 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 $60,000 15% ($9,000) $51,000 15 yrs $480/mo $458–$548
Mid-market (most common) $75,000 15% ($11,250) $63,750 15 yrs $600/mo $573–$685
Late / low-time $90,000 15% ($13,500) $76,500 20 yrs $628/mo $593–$738

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.

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162 Skycatcher specifications & operating economics

Performance & capacity

Engine
Continental O-200-D (100 hp)
Production
2009-2013
Seats
2
Cruise
118 kts
Range
470 NM
Fuel capacity
24 gal

Fuel economics (September 2026)

Fuel burn
5.5 gph
Fuel cost per hour
$40
Fuel cost per nautical mile
$0.34
Endurance (no reserve)
4.4 hrs
Fuel for 100 hrs/yr
$3,982

100LL at $7.24/gal (AirNav national average, September 2026).

What lenders and underwriters look at on a 162 Skycatcher

  • Composite construction may require specialized pre-buy inspector
  • Check for any delamination or UV damage
  • Limited service network—verify local A&P familiarity
  • Garmin G300 avionics—verify software currency

Pre-buy inspection focus areas

  • Composite skin condition
  • Landing gear attachment points
  • Rotax service bulletins (if applicable to variant)
  • Canopy seal condition

Pre-buy inspections are typically paid out of pocket, not financed. See the pre-buy checklist.

Cessna 162 Skycatcher financing FAQs

How much does a Cessna 162 Skycatcher cost?

Typical asking prices for a Cessna 162 Skycatcher run from about $60,000 for older or higher-time examples to $90,000 for late, low-time ones, with most trading near $75,000. 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 162 Skycatcher?

At a $75,000 purchase price with 15% down ($11,250), a $63,750 loan over 15 years is about $600 per month at 7.75% APR, or roughly $573–$685 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 162 Skycatcher?

Plan on at least 15% down for a single-engine aircraft built after 1960. Twenty-year terms are generally available on loans of $75,000 or more.

What does a Cessna 162 Skycatcher cost to fly per hour in fuel?

At about 5.5 gallons per hour and the September 2026 national average of $7.24 per gallon for 100LL, fuel alone is roughly $40 per hour, or about $0.34 per nautical mile at a 118-knot cruise. Add reserves, insurance, storage and the annual for the full picture.

Can I finance an older Cessna 162 Skycatcher?

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 162 Skycatcher.

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Financing a 162 Skycatcher? Get real options.

Tell us about the airplane and your timeline. A financing specialist at Jaken Aviation shops your request across banks, credit unions and aviation lenders and comes back with real options.

  • Pre-qualification in 1–3 business days; closing typically 2–4 weeks
  • Purchase, refinance, cash-out, overhaul and avionics financing
  • Single- and twin-engine pistons, experimentals, and turbine step-ups
  • No cost to request options, and no credit check to submit this form

  1. 1. Apply & consult

    Tell us the aircraft, the price and your timeline. A specialist reviews your goals with you.

  2. 2. Get matched

    Your request goes out to a national network of banks, credit unions and specialty aviation lenders.

  3. 3. Underwriting

    Your file is packaged and submitted to the best-fit lender, typically 1–2 weeks once there is a purchase agreement.

  4. 4. Approval & closing

    We coordinate lender, escrow and seller through closing — usually 2–4 weeks from application.

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