Boeings are expensive! The cost of any type of aircraft is always worth considering when you are trying to discern what kind of plane you want to buy or merely need more information.
How much does a Boeing plane cost? Boeing planes have costs ranging between $89.1 million USD and $112.6 million USD. These types of prices are very typical of larger commercial planes.
Regardless of whether you’re a regular commercial airline passenger or a pilot, you’ve likely flown in or possibly flown a Boeing plane.
In addition to being some of the largest planes on the market, Boeing aircraft are among some of the most technologically advanced.
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How Much Does a Boeing Plane Cost? Expect to Pay Around $100 Million
Boeing has an average price tag of $89.1-$112.6 million. Airbus, one of Boeing’s most similar competitors, has average prices of $81-$445.6 million. This is considerably more expensive than what a private jet will cost you.
Boeing planes play an essential role in the transportation industry, which contributes to the number of options available. How much will one of these planes cost, and what might you need to do to get funding to acquire one of these aircraft?
Having sufficient information will help you decide your next steps before buying a Boeing aircraft. Read on to learn about Boeing prices and how people pay for this aircraft.
Investing in a Boeing aircraft is a significant expense, even for those already well-off financially.
However, many buyers purchase their planes used, enjoying savings of 20% to as much as 60% off the list price.
Which Types of Boeings Cost the Least?
One thing worth noting is that the prices listed are averages. Different configurations and options are available, like seat configurations and fuel capacity, when buying new aircraft, which can affect the price.
Narrowbodies, which include the 737-700, cost the least. This model has an $89.1 million price tag, making it one of two Boeing models priced under $100 million.
The 737 MAX 7 has a price averaging $99.7 million. The next-lowest-priced plane, the 737 MAX 8, boasts a cost of $121.6 million.
Boeing has created a higher-density version of the MAX 8, known as MAX 8-200, that costs $124.8 million. The MAX series also contains the MAX 9, at $128.9 million, and the mAX 10, at $134.9 million.
How Much Do Widebodies Cost?
Boeing’s widebody aircraft come with a higher price tag, as is to be expected. The two freighter-style planes that cost the least are the 767-300F, at $220.3 million, and the 777F, at $352.3 million.
The most expensive cargo plane that Boeing manufactures is the 747-8F, which costs $419.2 million. The later versions of the 777XF line could likely have even higher prices.
The 747-8, which costs $418.4 million, is a passenger plane. Boeing’s most expensive passenger jets include the 777-8 at $410.2 million and the 777-9 at $442.2 million.
Boeing’s 787 ‘Dreamliner shows the price difference based on size for variations:
- The 787-8 with a short fuselage costs $248.3 million
- The 787-9 with a mid-size configuration averages $292.5 million
- The 787-10, which is the longest, costs $338.4 million
What Options Are Available for Paying for Boeing Planes?
You’ll need to figure out a budget for whatever type of Boeing plane you want to purchase. You’ll want to ensure your budget is realistic for your financial situation and the type of plane you intend to purchase.
The good thing to know is that there are acquisition experts who specialize in aircraft. These pros can help ensure you have the help you need to complete a purchase.
Buying Used
You might be able to save 30% or more by buying your plane of choice used. You can search for different makes and models of available aircraft in many marketplaces.
Before you purchase from a used aircraft marketplace, you’ll want to know what payment options are available. Some sellers may accept cash only, while others will accept financing.
Using Financing
You’ll need to work with a reputable lender if you cannot pay for a plane in cash. Getting a pre-approval letter that shows your intent to buy, as well as researching lenders, are both highly recommended.
A lender that specializes in aircraft loans might be your best choice. Many of these lenders have a National Aircraft Finance Association membership.
Down payments of at least 20% are usually required for these loans. The loan terms are generally 5-20 years, with 4.38% and 7% interest rates.
Are There Ways to Try a Boeing Before Buying?
If you already have a license, it is a good idea to take a test flight for any model you are interested in buying. When you fly a specific plane before buying, you’ll be able to confirm whether the seller’s information is accurate.
You can also rent one of the models under consideration to get an idea of whether this plane is a good fit. After all, it’s better to rule out a model that’s not a good fit before you start the purchasing process.
FAQs
What does a Boeing 747 cost?
Boeing 747s are not cheap planes by any means. The most current variant costs $450 million, with many older models costing $10 million or less.
What is a single Boeing planes cost?
The 737-700 has an average minimum price of $82.4 million. The 737-800, a preferred model for many airlines, costs $98.4 million.
Is it possible for me to buy a 747?
Nothing hinders someone with the proper financvial resources from buying one of these planes. You can buy one through Boeing’s private marketplace and other private sellers.
What does a Boeing 737 cost?
Planes in the 737 family cost $89.1-$112.6 million.
Which Boeing plane is the cheapest?
The Boeing 737-700 is among the lowest-priced Boeing planes, at $89.1 million.
What does a Boeing 777 cost?
The 777-8 costs $410.2 million, and the Boeing 777-9 costs $442.2 million.
Is it possible to buy a 737?
Yes, there are 737s available in many aviation marketplaces.
Final Thoughts
How much does a Boeing plane cost? You can expect to pay at least $89.1 million for a new aircraft, although prices on used planes vary. That’s quiet the leap up from how much a Cessna 172 costs!
