The iconic Cessna TU206G Turbo Stationair II is a highly sought-after single-engine, piston-powered airplane. As someone who aspires to one day fly one, out of pure curiosity, I delved into the costs of owning and operating this aircraft and compiled my findings in this article.
How much will a Cessna TU206G Turbo Stationair II cost me? A pre-owned model (ranging from 1974 to 2006) can cost anywhere between $268,000 and $575,000. Excluding depreciation, the total annual cost of ownership – encompassing insurance, maintenance, and hangar expenses – amounts to approximately $25,175. The variable cost of flying this aircraft stands at roughly $90 per hour, based on 100 flying hours.
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Why the Cessna TU206G Turbo Stationair II is an Exceptional Choice
The Cessna TU206G Turbo Stationair II is often the top pick for newly certified private pilots, owing to its moderate price, fuel efficiency, and user-friendly handling. Its reputation for outstanding performance and reliability makes it an attractive investment for aviation enthusiasts.
The Cessna TU206G Turbo Stationair II is a versatile aircraft, capable of carrying up to six passengers, including the pilot. In this article, we will discuss the total cost of ownership and various financing options for the Cessna TU206G Turbo Stationair II.
Cost of Purchasing a Cessna TU206G Turbo Stationair II
Getting your hands on a used Cessna TU206G Turbo Stationair II in good condition will set you back anywhere from $268,000 to $575,000. The Cessna TU206G Turbo Stationair II is a popular and accessible aircraft, thanks to its long production run since 1964.
The cost of acquiring a well-maintained model is around $268,000, but prices can vary significantly depending on condition, age, and location. Be prepared to act quickly, as these aircraft tend to sell fast once available on the market.
Ownership Costs of a Cessna TU206G Turbo Stationair II
Purchasing a Cessna TU206G Turbo Stationair II is just the beginning of your financial commitment. You’ll also need to cover both fixed and variable running costs. On average, the total cost of ownership amounts to $25,175 annually.
This includes approximately $10,275 in fixed costs and around $14,900 in variable costs, assuming 100 annual flying hours. Depreciation will also factor into your expenses, but it’s challenging to provide an accurate estimate due to the numerous variables involved.
At PilotPassion, we strive to deliver the most engaging and relevant aviation content for aviation enthusiasts and student private pilots alike. Our goal is to save you time and energy by providing accurate information on the costs associated with owning and operating a Cessna TU206G Turbo Stationair II. As we create this content, we put ourselves in your shoes to ensure that the information is helpful and applicable to your situation.
There are numerous fixed and variable expenses associated with airplane ownership that beginners might not be aware of. This holds true not only for Cessna 206s but for any aircraft. If you purchase your new or used Cessna outright with cash, you won’t need to worry about finance costs. If you opt for a loan to finance the acquisition, make sure to account for interest repayment costs.
What Are the Fixed Costs for Cessna TU206G Turbo Stationair II Ownership?
Fixed costs of aircraft ownership can be defined as those expenses you’ll have to bear, regardless of whether the airplane is flown or not. For example, even if you buy a TU206G Turbo and never fly it, you’ll still need to cover fixed costs such as the one-time purchase price, hangar fees at the aerodrome, insurance costs, and the annual inspection cost. The total fixed costs will be approximately $10,275.
Consider the depreciation of your aircraft’s value as an asset. Since various factors like age, cost, resale value, and market conditions can influence depreciation, it’s crucial to be aware of this aspect, even though we cannot provide an exact figure.
To thoroughly prepare for the annual inspection, you will likely need to pay for any required maintenance to pass the inspection.
Some individuals categorize these maintenance costs as variable expenses, but it’s advisable to classify them as fixed costs since you’ll likely need to pay for them, whether you fly or not. It’s also worth noting that there may be regular subscriptions, such as weather services or ForeFlight, that you might have to pay for.
Hangar Costs for a Cessna TU206G Turbo Stationair II
Hangar costs for a Cessna TU206G Turbo Stationair II can vary significantly based on factors such as location and the storage facility selected. In the US, you may find hangar space for as little as $70 per month.
However, you might prefer to invest in higher-end facilities and security features. Alternatively, you could consider building or purchasing your own hangar instead of renting.
How much does insurance cost for a Cessna TU206G Turbo Stationair II?
Securing insurance for a Cessna TU206G Turbo Stationair II may not be as costly as you anticipate. Like hangar costs, insurance fees can fluctuate depending on factors such as location, flight frequency, aircraft value, and coverage type.Insurance pricing for aircraft can significantly vary due to numerous factors.
To obtain the most competitive rates, it is advisable to shop around and compare quotes from different providers. Keep in mind that lower rates typically correspond to liability-only coverage, which does not include damage or loss to the aircraft itself. Instead, this type of policy covers third-party damages or injuries.
The primary factor in determining the insurance cost for a Cessna TU206G Turbo Stationair II is the aircraft’s valuation. To insure a used Cessna TU206G Turbo Stationair II, the estimated annual cost is around $5,900.
How much is an annual inspection for a Cessna TU206G Turbo Stationair II?
The Federal Aviation Administration (FAA) mandates that aircraft undergo an annual inspection each year. For a Cessna TU206G Turbo Stationair II, this inspection typically costs around $1,350.
Additionally, it is essential to ensure that all parts are functioning correctly, and oil and other fluids are replenished as needed. In general, the fixed maintenance costs, inclusive of the annual inspection, amount to approximately $10,275 per year.
What Are the Variable Costs for Cessna TU206G Turbo Stationair II Ownership?
Owning a Cessna TU206G Turbo Stationair II comes with various variable costs, such as fuel, oil, unscheduled maintenance, and miscellaneous expenses like landing fees, parking, and minor travel costs. On average, these costs amount to approximately $14,900 per year.
When broken down, the variable cost of operating a TU206G Turbo is roughly $149 per hour. It’s essential to note that these figures are estimates, as individual experiences may differ when it comes to managing a TU206G Turbo.
Over time, the longer you own the aircraft, the more likely the annual variable costs will increase. Unlike fixed expenses, you’ll only incur these variable costs when the plane is actually in use.
Cessna TU206G Turbo Stationair II Fuel Expenses
The Cessna TU206G Turbo Stationair II operates on aviation gasoline (avgas) with an estimated cost of around $90 per flight hour. At present, the approximate price of avgas is $5 per gallon, and the Cessna TU206G Turbo Stationair II consumes 17.0 gallons per hour.
To potentially save on fuel costs, it is advised to compare the avgas prices at various airports, as they may vary depending on the location and airport traffic.
Cessna TU206G Turbo Stationair II Oil Maintenance
For those with technical expertise, performing oil changes personally can result in labor cost savings.If you neglect to cover the expenses for labor, oil, and filters, you’ll have to pay for them out of your own pocket. Based on my calculations, the oil cost for a Cessna TU206G Turbo Stationair II typically amounts to around $4 per running hour.
Cessna TU206G Turbo Stationair II Engine Maintenance Costs
Approximately every 2,000 hours, the engine of a Cessna TU206G Turbo Stationair II requires an overhaul. The cost of overhauling an airplane engine can escalate rapidly, depending on factors such as the engine’s condition, age, and accumulated wear and tear. As safety is of the utmost importance, this process is essential.
During the overhaul, the engine is disassembled, and each component – including pistons, bearings, cylinders, and other engine parts – undergoes a thorough inspection.As aircraft engines accumulate more flight hours, they require more frequent overhauls and repairs or replacements.
Understanding fixed and variable costs is vital when considering aircraft ownership, particularly for a Cessna TU206G Turbo Stationair II. Now, let’s explore financing options to make this purchase more feasible.
Financing Options for Purchasing a Cessna TU206G Turbo Stationair II
Several financing alternatives are available for purchasing a Cessna TU206G Turbo Stationair II, according to those who already own this type of aircraft. One option is obtaining a loan from a bank or another financial institution.
Another alternative is leasing the aircraft, which allows you to utilize it for a predetermined period before returning or potentially purchasing it at the end of the lease term.
You might consider buying a share in a Cessna TU206G Turbo Stationair II with a small group of trusted individuals, effectively splitting the costs and responsibilities of aircraft ownership. When considering the purchase of a Cessna TU206G Turbo Stationair II, it is crucial to thoroughly review and understand the terms and conditions (T&Cs) before committing to any agreement.
Being fully aware of the potential costs and obligations you may face is essential.
Taking out a loan for a Cessna TU206G Turbo Stationair II
One option for financing your Cessna TU206G Turbo Stationair II is applying for a traditional loan from a bank or credit union. If you possess a high credit score and a strong financial background, this could be a smart choice.
Another alternative is to apply for a loan specifically designed to finance aircraft purchases. These loans often provide more flexible terms and may be more willing to work with you if you have less-than-ideal credit.
Practical advice: Prior to selecting a lender, it is always beneficial to research and compare rates and terms from multiple lenders. Evaluate your financial situation meticulously and ensure that you can manage the loan payments comfortably.
Leasing
If you’re not ready to commit to purchasing an aircraft outright, leasing a Cessna TU206G Turbo Stationair II can be a convenient and cost-effective financing option. When you lease a plane, you agree to use it for a predetermined period — typically spanning several years — in exchange for a fixed monthly payment.
At the end of the lease, you can either return the aircraft to the owner or potentially purchase it for a predetermined amount.
There are two types of leases available: wet leases, which include a pilot, and dry leases, which only include the plane itself. You’ll most likely be interested in the dry lease option. To ensure you find the best leasing arrangement, it’s crucial to thoroughly research and compare options from various providers.
As lease agreements may involve extensive paperwork, carefully review the fine print. Similarly to loans, consider your ability to make payments for the entire lease duration.
Buying a Share in a Cessna TU206G Turbo Stationair II
Purchasing a share in a Cessna TU206G Turbo Stationair II allows you to own a fraction of the aircraft and operate it jointly with other owners. This can be a more practical alternative to outright ownership or long-term leasing if you require access to an aircraft.
Shared Ownership and Fractional Ownership in Aviation
Often referred to as “shared ownership” or “fractional ownership,” this model allows individuals or organizations to partially own an aircraft without bearing the full financial burden.
With an initial investment, followed by ongoing maintenance and operational expenses, aircraft co-ownership can be an attractive option for many. Local flying clubs often facilitate these arrangements, introducing prospective pilots to the concept of owning a share in aircraft models such as the Cessna TU206G Turbo Stationair II.
Fractional ownership offers several advantages for those who want to own an aircraft without the hefty price tag. Accessible to individuals and organizations at a reasonable cost, it allows co-owners to split the initial purchase price as well as the ongoing maintenance and operational expenses. The access and responsibility for maintaining the aircraft depend on the size of each owner’s share.
This ownership model appeals to those who wish to fly for personal or professional reasons but may not have the necessary funds or justification to own a plane outright. Additionally, it serves as a viable alternative for companies that require regular access to an aircraft without the commitment of full ownership.
Manufacturer: Cessna Aircraft Company Model: Cessna TU206G Turbo Stationair II First flight: 206 model introduced in 1964, TU206G model introduced in 1977 Production years: 1964-1986 (all 206 models), 1977-1986 (TU206G model) Role: Light, single-engine piston aircraft Seating capacity: Up to 6 passengers (including pilot) Engine: 1 x Lycoming TSIO-540-AJ1A turbocharged, air-cooled, horizontally-opposed piston engine Horsepower: 310 hp (231 kW) Wingspan: 35 ft 10 in (10.92 m) Length: 28 ft 3 in (8.61 m) Height: 9 ft 4 in (2.84 m) Maximum speed: 174 mph (280 km/h) Cruise speed: 163 mph (262 km/h) Range: 730 miles (1,175 km) Service ceiling: 27,000 ft (8,230 m) Rate of climb: 1,050 ft/min (5.33 m/s) Wing loading: 20.9 lb/ft² (102.1 kg/m²) Power/mass: 0.10 hp/lb (0.17 kW/kg) Fixed tricycle landing gear configuration (also available with optional float and ski configurations for versatile operations) Known for: Ruggedness, reliability, and versatility in various environments Popular uses: Personal transportation, cargo hauling, aerial photography, and bush flying
Final Thoughts
The cost of ownership for a Cessna TU206G Turbo Stationair II, or any airplane for that matter, can be quite expensive. However, it all depends on one’s perspective.
For those passionate about flying and capable of affording it, the investment is truly worthwhile. When compared to other aircraft, the expenses are not too excessive. Read about expert picks for small planes and make an informed decision.
Calculating the costs, operating a 206 aircraft comes to approximately $251 per hour, encompassing fixed and variable expenses. The variable cost of flying, which includes fuel, oil, and maintenance, stands at around $149 per hour. Many newly certified private pilots opt to rent a Cessna TU206G Turbo Stationair II if it aligns better with their financial situation.
Safe flying!