Cirrus SR20 financing, specs & price
Composite, glass panel, parachute (CAPS). Built 1999-present; Continental IO-360-ES (200 hp); 4 seats; 155-knot cruise.
What a SR20 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 | $110,000 | 15% ($16,500) | $93,500 | 20 yrs | $768/mo | $724–$902 |
| Mid-market (most common) | $180,000 | 15% ($27,000) | $153,000 | 20 yrs | $1,256/mo | $1,185–$1,475 |
| Late / low-time | $320,000 | 15% ($48,000) | $272,000 | 20 yrs | $2,233/mo | $2,107–$2,623 |
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 SR20
Share the tail number or listing and your timeline — a specialist will price it across multiple lenders.
SR20 specifications & operating economics
Performance & capacity
- Engine
- Continental IO-360-ES (200 hp)
- Production
- 1999-present
- Seats
- 4
- Cruise
- 155 kts
- Range
- 825 NM
- Fuel capacity
- 56 gal
Fuel economics (September 2026)
- Fuel burn
- 11 gph
- Fuel cost per hour
- $80
- Fuel cost per nautical mile
- $0.51
- Endurance (no reserve)
- 5.1 hrs
- Fuel for 100 hrs/yr
- $7,964
100LL at $7.24/gal (AirNav national average, September 2026).
What lenders and underwriters look at on a SR20
- Composite construction—specialized pre-buy required
- CAPS repack every 10 years (~$15k)
- Avidyne or Garmin avionics—check software currency
- Insurance requires Cirrus transition training
Pre-buy inspection focus areas
- CAPS repack date and condition
- Composite skin delamination
- Avionics software currency
- Engine condition (IO-360-ES specific)
- Service bulletin compliance
Pre-buy inspections are typically paid out of pocket, not financed. See the pre-buy checklist.
Buying and owning a SR20
- Buyer & Upgrade GuidesCirrus SR20 Buyer's Guide: Choosing a Generation From G1 to G7+
- Buyer & Upgrade GuidesCirrus SR20 to SR22T Upgrade: Training, Insurance, the Turbo Cost Gap and Financing
- Buyer & Upgrade GuidesCirrus SR20 to Diamond DA42: Multi-Engine Training, Insurance, Cost Delta and Financing the Step to a Diesel Twin
- Cost of OwnershipCirrus SR20 Cost of Ownership: Annual Budget, CAPS Reserve and New vs. Used Financing
Cirrus SR20 financing FAQs
How much does a Cirrus SR20 cost?
Typical asking prices for a Cirrus SR20 run from about $110,000 for older or higher-time examples to $320,000 for late, low-time ones, with most trading near $180,000. 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 Cirrus SR20?
At a $180,000 purchase price with 15% down ($27,000), a $153,000 loan over 20 years is about $1,256 per month at 7.75% APR, or roughly $1,185–$1,475 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 Cirrus SR20?
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 Cirrus SR20 cost to fly per hour in fuel?
At about 11 gallons per hour and the September 2026 national average of $7.24 per gallon for 100LL, fuel alone is roughly $80 per hour, or about $0.51 per nautical mile at a 155-knot cruise. Add reserves, insurance, storage and the annual for the full picture.
Can I finance an older Cirrus SR20?
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 SR20.
Similar price range
- Cessna 206 Stationair · ~$180,000
- Cessna 185 Skywagon · ~$160,000
- Cessna 414 Chancellor · ~$200,000
- Piper PA-32R Saratoga SP · ~$160,000