Cessna 340 financing, specs & price
Pressurized cabin, fast, complex. Built 1972-1984; Continental TSIO-520 (310 hp ea, turbocharged); 6 seats; 215-knot cruise.
What a 340 costs to finance
Payment examples at three price points, using typical lender guidelines for twin-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 | $90,000 | 20% ($18,000) | $72,000 | 15 yrs | $678/mo | $647–$773 |
| Mid-market (most common) | $150,000 | 20% ($30,000) | $120,000 | 15 yrs | $1,130/mo | $1,078–$1,289 |
| Late / low-time | $240,000 | 20% ($48,000) | $192,000 | 15 yrs | $1,807/mo | $1,725–$2,062 |
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 340
Share the tail number or listing and your timeline — a specialist will price it across multiple lenders.
340 specifications & operating economics
Performance & capacity
- Engine
- Continental TSIO-520 (310 hp ea, turbocharged)
- Production
- 1972-1984
- Seats
- 6
- Cruise
- 215 kts
- Range
- 1340 NM
- Fuel capacity
- 163 gal
Fuel economics (September 2026)
- Fuel burn
- 34 gph
- Fuel cost per hour
- $246
- Fuel cost per nautical mile
- $1.14
- Endurance (no reserve)
- 4.8 hrs
- Fuel for 100 hrs/yr
- $24,616
100LL at $7.24/gal (AirNav national average, September 2026).
What lenders and underwriters look at on a 340
- Pressurization adds mx complexity and cost
- Turbo engines require careful management
- Insurance is higher—complex systems
- Strong performer but ongoing costs are high
Pre-buy inspection focus areas
- Pressurization system leaks
- Turbocharger condition (both)
- Exhaust systems
- Landing gear actuators
- Windshield condition (pressure cycles)
Pre-buy inspections are typically paid out of pocket, not financed. See the pre-buy checklist.
Buying and owning a 340
- Cost of OwnershipCessna 310 Cost of Ownership: Piston Twin Budget, Two-Engine Reserves and Financing by Year
- Cost of OwnershipCessna 337 Skymaster Cost of Ownership: Centerline-Thrust Twin Budget and Financing
- Cost of OwnershipCessna 340 Cost of Ownership: Pressurized Twin Budget, Turbo Reserves and Financing
- Cost of OwnershipCessna 402 Cost of Ownership: Cabin-Class Twin Budget, Part 135 History and Financing
- Cost of OwnershipCessna 414A Chancellor Cost of Ownership: Pressurized Cabin-Twin Budget and Financing
Cessna 340 financing FAQs
How much does a Cessna 340 cost?
Typical asking prices for a Cessna 340 run from about $90,000 for older or higher-time examples to $240,000 for late, low-time ones, with most trading near $150,000. 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 340?
At a $150,000 purchase price with 20% down ($30,000), a $120,000 loan over 15 years is about $1,130 per month at 7.75% APR, or roughly $1,078–$1,289 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 340?
Twin-engine aircraft typically need 15–30% down, with maximum terms of about 10–15 years, and many lenders prefer twins built in 1970 or later. Examples here use 20% down.
What does a Cessna 340 cost to fly per hour in fuel?
At about 34 gallons per hour and the September 2026 national average of $7.24 per gallon for 100LL, fuel alone is roughly $246 per hour, or about $1.14 per nautical mile at a 215-knot cruise. Add reserves, insurance, storage and the annual for the full picture.
Can I finance an older Cessna 340?
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 340.
More Cessna aircraft
- Cessna 150 · ~$25,000
- 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
Similar price range
- Beechcraft Bonanza F33A · ~$150,000
- Cessna 180 Skywagon · ~$140,000
- Cessna 185 Skywagon · ~$160,000
- Piper PA-32R Saratoga SP · ~$160,000