Diamond DA20-C1 financing, specs & price

Composite, fuel-efficient, trainer favorite. Built 1998-present; Continental IO-240 (125 hp); 2 seats; 119-knot cruise.

Piston single Typical price $55,000–$130,000 ~$40/hr fuel

What a DA20-C1 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 $55,000 15% ($8,250) $46,750 15 yrs $440/mo $420–$502
Mid-market (most common) $85,000 15% ($12,750) $72,250 15 yrs $680/mo $649–$776
Late / low-time $130,000 15% ($19,500) $110,500 20 yrs $907/mo $856–$1,066

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 DA20-C1

Share the tail number or listing and your timeline — a specialist will price it across multiple lenders.

DA20-C1 specifications & operating economics

Performance & capacity

Engine
Continental IO-240 (125 hp)
Production
1998-present
Seats
2
Cruise
119 kts
Range
585 NM
Fuel capacity
30 gal

Fuel economics (September 2026)

Fuel burn
5.5 gph
Fuel cost per hour
$40
Fuel cost per nautical mile
$0.33
Endurance (no reserve)
5.5 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 DA20-C1

  • Composite construction—specialized inspection
  • IO-240 is fuel-efficient and reliable
  • Low operating costs
  • Insurance affordable for trainers

Pre-buy inspection focus areas

  • Composite skin delamination
  • Canopy seal condition
  • Engine mount condition
  • Nose gear condition

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

Diamond DA20-C1 financing FAQs

How much does a Diamond DA20-C1 cost?

Typical asking prices for a Diamond DA20-C1 run from about $55,000 for older or higher-time examples to $130,000 for late, low-time ones, with most trading near $85,000. 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 Diamond DA20-C1?

At a $85,000 purchase price with 15% down ($12,750), a $72,250 loan over 15 years is about $680 per month at 7.75% APR, or roughly $649–$776 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 Diamond DA20-C1?

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 Diamond DA20-C1 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 $0.33 per nautical mile at a 119-knot cruise. Add reserves, insurance, storage and the annual for the full picture.

Can I finance an older Diamond DA20-C1?

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 DA20-C1.

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Financing a DA20-C1? 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.

Talk to a specialist now: (833) 264-7776

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