Grumman American aircraft financing

The Grumman American AA-1 and AA-5 family (Yankee, Traveler, Cheetah, Tiger) and the GA-7 Cougar twin are known for bonded aluminum construction, sliding canopies and good speed for the horsepower. The Tiger was later built again by other companies.

Financing notes: These are affordable to buy, but bonded structure and a smaller specialist network make a knowledgeable pre-buy important. The Cougar is a twin and follows twin-engine lending guidelines.

Grumman American models compared

Typical mid-market price and estimated payment at 7.75% APR (September 2026), using common lender down-payment and term guidelines.

ModelYearsSeatsCruiseTypical priceDown / termEst. payment
AA-1 Yankee 1969-1971 2 117 kts $26,000 15% / 15 yrs $208/mo
AA-5 Traveler 1972-1975 4 130 kts $42,000 15% / 15 yrs $336/mo
AA-5A Cheetah 1976-1979 4 130 kts $48,000 15% / 15 yrs $384/mo
AA-5B Tiger 1975-1981, 1992-2006 4 139 kts $70,000 15% / 15 yrs $560/mo
GA-7 Cougar (twin) 1978-1979 4 160 kts $80,000 20% / 15 yrs $602/mo

Principal and interest only. Prices are typical asking ranges from our database; verify a specific aircraft with Vref or Aircraft Bluebook.

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Grumman American financing FAQs

How much does a used Grumman American aircraft cost?

Across the 5 Grumman American models we track, typical mid-market prices run from about $26,000 (AA-1 Yankee) to $80,000 (GA-7 Cougar). Condition, engine time and avionics move individual airplanes well above or below those figures.

What is the payment on a Grumman American aircraft loan?

At 7.75% APR with typical down payments and terms, estimated payments for a mid-market Grumman American range from about $208 to $602 per month, depending on the model. See the table on this page for each model.

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  • Pre-qualification in 1–3 business days; closing typically 2–4 weeks
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  • Single- and twin-engine pistons, experimentals, and turbine step-ups
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  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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