Piston Aircraft Loans

Grumman American GA-7 Cougar financing, specs & price

Light twin, bonded, underpowered perception. Built 1978-1979; Lycoming O-320 (160 hp ea); 4 seats; 160-knot cruise.

Piston twin Typical price $55,000–$115,000 ~$130/hr fuel

What a GA-7 Cougar 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 $55,000 20% ($11,000) $44,000 15 yrs $414/mo $395–$473
Mid-market (most common) $80,000 20% ($16,000) $64,000 15 yrs $602/mo $575–$687
Late / low-time $115,000 20% ($23,000) $92,000 15 yrs $866/mo $826–$988

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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GA-7 Cougar specifications & operating economics

Performance & capacity

Engine
Lycoming O-320 (160 hp ea)
Production
1978-1979
Seats
4
Cruise
160 kts
Range
1050 NM
Fuel capacity
118 gal

Fuel economics (September 2026)

Fuel burn
18 gph
Fuel cost per hour
$130
Fuel cost per nautical mile
$0.81
Endurance (no reserve)
6.6 hrs
Fuel for 100 hrs/yr
$13,032

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

What lenders and underwriters look at on a GA-7 Cougar

  • Multi-engine rating required
  • O-320 engines underpowered for some—careful weight mgmt
  • Bonded construction inspection same
  • Insurance moderate for twin

Pre-buy inspection focus areas

  • Bonded skin delamination
  • Both engine compressions and times
  • Gear actuators
  • Fuel bladder condition
  • Both prop conditions

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

Buying and owning a GA-7 Cougar

Grumman American GA-7 Cougar financing FAQs

How much does a Grumman American GA-7 Cougar cost?

Typical asking prices for a Grumman American GA-7 Cougar run from about $55,000 for older or higher-time examples to $115,000 for late, low-time ones, with most trading near $80,000. 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 Grumman American GA-7 Cougar?

At a $80,000 purchase price with 20% down ($16,000), a $64,000 loan over 15 years is about $602 per month at 7.75% APR, or roughly $575–$687 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 Grumman American GA-7 Cougar?

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 Grumman American GA-7 Cougar cost to fly per hour in fuel?

At about 18 gallons per hour and the September 2026 national average of $7.24 per gallon for 100LL, fuel alone is roughly $130 per hour, or about $0.81 per nautical mile at a 160-knot cruise. Add reserves, insurance, storage and the annual for the full picture.

Can I finance an older Grumman American GA-7 Cougar?

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 GA-7 Cougar.

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Financing a GA-7 Cougar? 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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