Sling TSi light-sport aircraft banking over coastline

Cheapest Light Aircraft in the U.S. – Top Affordable Planes and Smart Ownership Options

Dreaming of owning a plane but worry it’s out of reach? Think again – several light aircraft can be purchased for the price of a car, or even less. In fact, some vintage two-seaters sell for under $20,000, proving that flying doesn’t have to break the bank. Of course, “cheapest” isn’t just about the purchase price – you’ll also need to factor in maintenance, fuel, hangar, and insurance costs (one study found annual operating costs as low as $12,570 for a small used plane). In this guide, we’ll explore the cheapest light aircraft available in the U.S. market, from bare-bones ultralights to classic certified airplanes and modern sport planes. We’ll also discuss license requirements, ongoing ownership costs, and how fractional ownership through Aeroshare Ventures can make even brand-new aircraft like the Sling TSi affordable.

Quick-View Price & Specs Table of the 10 Cheapest Light Aircraft

# Aircraft Typical Purchase Price* Cruise Speed Fuel Burn (GPH) License Needed Why It’s Hard to Beat the Value
1 ERCO Ercoupe 415-C $18K–$22K 95 mph 5 Sport/Private Spin-proof, crosswind-taming landing gear, cheap to buy and insure
2 Luscombe 8 Silvaire $22K–$28K 100 mph 5 Sport/Private All-metal shine, responsive controls, legendary taildragger training value
3 Piper J-3 Cub $35K–$55K 85 mph 4 Sport/Private Aviation history in bright yellow, easy to fly, unbeatable fun-to-fly factor
4 Aeronca Champ 7AC $23K–$30K 85 mph 4.5 Sport/Private “Airknocker” charm, great for new pilots & flight training
5 Cessna 150 $25K–$38K 100 mph 6 Sport/Private Most common entry-level trainer; parts everywhere, low operating costs
6 Cessna 140 $28K–$35K 105 mph 5.5 Sport/Private Classic all-metal post-war two-seater with flaps & solid performance
7 Grumman AA-1 Yankee $32K–$45K 120 mph 6 Private Low-wing speedster, bubble canopy, “sports-car” handling
8 Stinson 108 Voyager $30K–$45K 110 mph 8 Private Four seats, big useful load, bush-friendly short-field performance
9 Cessna 172 Skyhawk $45K–$70K 120 mph 8 Private World’s best-selling single-engine aircraft—hard to hurt resale
10 Cessna 182 Skylane $65K–$95K 140 mph 11 Private 230 hp Lycoming muscle, hauls two adults + kids + cargo anywhere

*Airworthy, “flyable” examples in U.S. classifieds.
†If the 150 qualifies as Light-Sport under 1,320 lb STC.

Speed read done? Scroll a smidge further to learn why owning a plane doesn’t have to drain your wallet—and how Aeroshare lets you share a brand-new Sling cheap to operate at a fuel burn of ~7-8 GPH!

Meet the 10 Cheapest Planes You Can Buy & Fly in 2025

ERCO Ercoupe (ERCO 415-C)

ERCO Ercoupe 415C budget two-seat airplane on taxiway

 

 

 

 

 

 

 

 

 

 

 

 

Widely regarded as the cheapest “real” airplane you can buy. 2025 prices for an airworthy Ercoupe are often under $20,000, making it a perennial favorite of budget-conscious pilots. The Ercoupe is a unique 1940s two-seater with twin rudders and no rudder pedals – engineered to be “spin-proof” and extremely easy to fly. Its forgiving handling and quirky design have kept a niche but devoted following. Why so cheap? It’s small, simple, and not fast (cruises ~95 mph), and many were built (~6,000), keeping prices down. For a beginner’s plane that “routinely lists under $20,000”, the Ercoupe is hard to beat. (Bonus: some models qualify as LSA with a weight STC, meaning Sport Pilots can fly them.)

Aeronca Champion (7AC “Champ”) 

A classic high-wing taildragger from the late 1940s, the Champ is another extremely affordable vintage plane. Prices have stayed surprisingly stable over the years – many airworthy Champs still sell for under $25,000 (some even under $20K for entry-level examples). The Champ is a tandem two-seater (pilot in front, passenger behind) with 65 hp, used as a postwar trainer. It’s a beloved “airknocker” known for gentle flying manners and a bit more roominess than its famous counterpart, the Piper J-3 Cub. If you want a nostalgic, fabric-covered tailwheel plane for the cost of a new motorcycle, the Champ is a top pick.

Cessna 140

A 1940s two-seat metal airplane (with tailwheel) that was Cessna’s first trainer model after WWII. The Cessna 140 remains relatively low-cost even as some other Cessnas have skyrocketed – one can regularly find flying examples for under $30,000, with project planes even cheaper. It offers slightly higher cruise speed (~100–110 mph) than the Cub/Champ class and has a reputation for reliability and easy handling. For decades it has been a go-to budget trainer and “first airplane” for new pilots. Owners also praise its fuel efficiency and active owner community. (Note: The Cessna 120 is a very similar variant without flaps, also worth considering.)

Luscombe 8 (Silvaire)

Another 1940s era two-seat taildragger, famed for its polished aluminum looks and spirited performance. Good-condition Luscombe 8A/8E models can still be found in the mid $20,000s. They are light and somewhat more demanding on the rudders, but pilots love them for honing stick-and-rudder skills. If you’re seeking a “grassroots” flying experience on a budget, the Luscombe is a gem.

Piper J-3 Cub:

Yellow Piper J-3 Cub taildragger in flight

 

 

 

 

 

 

 

 

 

 

 

 

The iconic yellow Cub, arguably the most famous light plane in history. Cubs have gone up in price recently due to their legend status, but you can still find basic J-3 Cubs in the $40K–$60K range. Not the cheapest on this list, but worth a mention because of their significance. The Cub is simple, slow (~85 mph cruise), and offers pure open-door flying fun. If owning a piece of aviation history appeals to you, a Cub or its variants (like the PA-11 or later Piper Colt) might be within reach.

Other honorable mentions in this vintage category: Taylorcraft BC-12D (classic 2-seat taildragger, often $20K–$30K), Ercoupe’s tricycle-gear cousin the Beechcraft Skipper (though these have risen above “cheap” recently), and the Aeronca Chief (side-by-side version of the Champ). All provide affordable access to certified aircraft ownership with charming old-school flair.

Ownership Tip: When buying any vintage aircraft, pay close attention to the condition and maintenance history. A cheap plane with hidden issues can cost more in the long run. However, many of these simple older designs are easy to work on and have ample parts available. And because they’re so basic (often no electrical system, minimal instruments), there’s less to break. Have a mechanic inspect any candidate plane (a pre-buy inspection) to avoid costly surprises.

Cessna 150/152

Cessna 150 single-engine trainer airplane short-field landing

 

 

 

 

 

 

 

 

 

 

No list of cheap planes is complete without the Cessna 150/152 family – arguably the most widely available cheap airplane in the world. Produced from the late 1950s through 1980s, these two-seat tricycle-gear trainers flooded the market (over 20,000 built). You can find plenty of Cessna 150s for $25K–$40K depending on year and condition. They’re beloved as first airplanes and flight school workhorses, thanks to docile handling and low operating cost (100 hp engine burning ~6 gph). The only downsides are a rather cramped cabin for two adults and limited useful load – but for solo flying or training, a C150 is hard to beat for value. Parts and mechanics for Cessnas are abundant everywhere.

Piper PA-28 Cherokee 140

A 4-seat (technically), low-wing plane introduced in the 1960s as an economical trainer and traveler. The Cherokee 140 (and similar Cherokee 150/160 variants) are often among the cheapest four-place airplanes you can buy. Typically only the front two seats are used for adults (with rear seats for kids or luggage), effectively making it a roomy two-seater with extra space. Cruise speeds around 105–110 knots make it a bit faster than the older taildraggers. Prices for early Cherokee 140s can start around $30K–$50K for airworthy examples (some well-equipped models higher). With 150 hp, simple systems, and metal construction, the Cherokee line is known for durability and stable flight characteristics – an excellent budget cross-country plane.

Stinson 108

A hidden gem for those wanting an affordable family airplane. The Stinson 108 is a four-seat taildragger from the late 1940s (Stinson was later acquired by Piper). It’s not as well-known today, which keeps prices low – you might find nicely maintained Stinson 108s listed around $28,000–$40,000, a steal for a 4-seater with decent cargo capacity. It cruises ~110 mph and can operate from short grass strips, making it popular with backcountry and bush pilots on a budget. It won’t win any speed contests and parts support for the Franklin engine needs care, but many have been upgraded with newer engines. For the price, a 108 offers a lot of utility – “the cheapest family aircraft you can buy,” as one source put it.

Grumman American AA-1 “Yankee”

A sporty two-seat airplane from the late ’60s/early ’70s, the AA-1 Yankee can often be found in the $30K–$50K range as well. It’s a slick little low-wing plane with a bubble canopy, known for being nimble and quick (cruise ~120 mph). However, it’s less forgiving than a Cessna 150, so it’s better suited to pilots with a bit of experience. If you want something small, cheap, and a bit more exciting to fly, the Yankee is worth a look.

Beechcraft Skipper and Tomahawk (PA-38) 

These two deserve mention as late-1970s competitors to the Cessna 150. The Beechcraft Skipper and Piper Tomahawk are both two-seat trainers that had limited production runs. The Tomahawk, in particular, often shows up among inexpensive planes – you can find Piper PA-38 Tomahawks in the $45K–$65K range, as it was never as popular as the Cessna. It has a modern look and a roomy cockpit, but experienced pilots know it for unique stall/spin characteristics (some flight schools loved it for teaching spin recovery). The Beech Skipper has become rarer (and as AeroTime notes, its prices have actually shot up over $100K due to rarity, taking it out of the “cheap” category). But if you find one at a good price, it’s a solid little plane.

Bottom line for used classic planes: There are plenty of options in the $20K–$50K bracket that can get you flying affordably. These aircraft typically require a Private Pilot license (unless they meet LSA rules for Sport Pilots) and will have higher operating costs than an ultralight – but they also offer greater capabilities (speed, range, passenger seats). Many pilots start with one of these used trainers because they’re a cost-effective way to log hours and build experience in your own aircraft. Just remember to budget for ongoing costs: even a simple 4-cylinder plane can cost several thousand per year in fixed costs (inspections, insurance, hangar or tie-down, etc.) plus fuel and maintenance as you fly.

Modern Light-Sport and Kit Planes (Affordable New Aircraft via Fractional Ownership)

So far, we’ve focused on inexpensive aircraft you can own outright by buying used. But what if you want a brand-new, modern airplane with cutting-edge avionics, four seats, and impressive performance? New planes typically cost hundreds of thousands of dollars – not exactly “cheap.” This is where creative ownership models and the concept of value come into play. With fractional ownership, even high-end new aircraft can fit a modest budget by sharing costs. Aeroshare Ventures, for example, offers a co-ownership program for Sling Aircraft, which lets pilots own a share of a factory-new Sling without bearing the full cost.

Two top affordable modern options we recommend (available via Aeroshare’s fractional program) are the Sling TSi and Sling High Wing:

Sling TSi (4-seat sport plane) 

The Sling TSi is a cutting-edge 4-seater known for its blend of speed, efficiency, and advanced tech. It’s often called “the ultimate affordable four-seater” for experimental/amateur-built enthusiasts. With a turbocharged Rotax 916iS engine (160 hp), the TSi cruises around 148–160 knots yet sips fuel at only ~7–8 gallons per hour, giving it superb range and economy. It features a glass cockpit (Garmin touchscreen avionics) and even an optional whole-airframe parachute for safety. The cabin is leather-upholstered and surprisingly roomy – wider than a Beechcraft Bonanza, as Sling’s literature boasts In short, the Sling TSi delivers “high-performance, high-efficiency” flying in a modern package.

Affordability angle: A brand-new Sling TSi fully equipped might cost on the order of $250K–$300K (if you built it from a kit or buy one ready-to-fly). However, through Aeroshare’s fractional ownership, you could purchase a share of a Sling TSi for a fraction of that price – e.g. a 1/5 or 1/8 share might bring your buy-in cost down to tens of thousands of dollars instead of hundreds. For roughly the price of a used Cessna, you could co-own a new Sling TSi. Plus, you’ll share ongoing costs (maintenance, hangar, insurance) with other co-owners, dramatically reducing your monthly outlay. The Aeroshare program lets you “fly smarter, own smarter,” turning what would be a pricey sole ownership into a manageable, cost-effective way to fly a modern airplane.

Interested in experiencing a Sling TSi without breaking the bank? Learn more about Aeroshare Ventures’ fractional ownership program to see how co-owning this aircraft can make advanced personal aviation affordable. (CTA: This could be a call-out box or a prominent link after describing the TSi’s benefits.)

Sling High Wing (4-seat high-wing sport plane)

The Sling HW is the newest design from Sling Aircraft – essentially, it’s the “SUV of the skies” built with Sling’s signature mix of modern tech and performance. It takes the beloved handling of the Sling and pairs it with a high-wing configuration for stability and cargo flexibility. The High Wing also uses the Rotax 916iS 160 hp engine, cruising around 140–145 knots. It comes equipped with a Garmin glass cockpit, a ballistic parachute, and even offers tricycle or taildragger landing gear options for different flying styles. The cabin has wide doors and can be converted for cargo by removing rear seats – perfect for adventure flying or backcountry trips.

Affordability angle: Like the TSi, a new Sling High Wing would be a six-figure purchase on your own. But through a fractional program, you can spread that cost among multiple owners, making state-of-the-art aircraft ownership attainable on a budget. You’ll enjoy all the capabilities of a brand-new plane (and the pride of owning one) without the full financial burden. Maintenance and fixed costs are shared, and the plane gets flown regularly instead of sitting idle – a win-win for cost and aircraft health. Fractional ownership essentially turns large fixed costs into more manageable variable costs proportional to your usage.

CTA suggestion: After detailing the High Wing, include a call to action inviting readers to “See how Aeroshare Ventures can get you into the pilot’s seat of a Sling High Wing through co-ownership” – linking to the program or contact page. This placement comes naturally after explaining the aircraft’s appeal and the concept of sharing ownership.

Why include modern aircraft in a “cheapest aircraft” article? Because “cheapest” can be measured in more than one way. While the Sling TSi or High Wing aren’t the cheapest to buy outright, they offer incredible value – modern safety, speed, and low operating cost – that can actually make them cheaper to own and fly per mile or per hour than an older plane that guzzles fuel and needs constant upkeep. For example, the Sling’s avionics and engine efficiency provide a “state-of-the-art flying experience at a fraction of the cost of [comparable] certified competitors”, like a Cirrus or Cessna. And when you factor in fractional ownership, the upfront cost barrier drops dramatically. For many pilots, co-owning a Sling might be financially smarter than solo-owning a 50-year-old airplane that, while cheap to buy, could surprise you with maintenance bills.

In summary, don’t overlook modern light-sport and experimental aircraft as an affordable option – especially if you leverage partnerships or fractional programs. They deliver the best of both worlds: contemporary performance and safety, with costs shared in a sensible way.

What Makes a Light Aircraft “Affordable”?

Purchase Price:

Many of the cheapest light aircraft are older used planes or simple ultralights. Vintage certified airplanes (e.g. 1940s-70s two-seaters) often trade in the $20K–$40K range. Ultralight kits or used ultralight planes can cost as little as $5,000–$15,000. By contrast, brand-new factory-built planes easily exceed $150K, but alternatives like kit-built sport aircraft can lower costs. We’ll highlight examples in each category.

Operating Costs:

A cheap plane isn’t truly cheap if it’s expensive to fly or maintain. Simpler planes with small engines (or even no engine, in the case of gliders) burn less fuel and have lower upkeep. For example, the modern Sling TSi burns only ~7–8 gallons of car gas per hour, giving it an estimated operating cost around $65/hour – impressively low for a 4-seater cruiser. Old airframes can also have low fuel burn (many vintage two-seaters sip ~5 gal/hr), but may need more maintenance. Always budget for maintenance, inspections, insurance, storage, and repairs alongside the purchase price.

Pilot License & Training

The type of aircraft will determine what license (if any) you need, which affects time and money spent on training. True ultralights require no pilot’s license at all, while larger light aircraft will require at least a Sport Pilot or Private Pilot certificate. We’ll break down these requirements in the next section. Choosing an aircraft you’re licensed to fly (or can easily get licensed for) is part of affordability too.

Fractional Ownership

One way to make a pricier aircraft “affordable” is to share ownership. Fractional programs (like Aeroshare Ventures) let you co-own a new aircraft with others, dramatically reducing your upfront and ongoing costs. For roughly the price of an older used plane, you could own a share of a brand-new, high-performance aircraft – effectively getting more plane for your dollar. We’ll discuss this option with examples of the Sling TSi and Sling High Wing, two modern aircraft made accessible via co-ownership.

By considering all these factors, you can find the sweet spot between purchase price, operating cost, and capability that fits your budget and flying needs.

Buying the airplane is just the first step. To truly enjoy low-cost flying, you must manage the ongoing costs. Here are key considerations and some tips:

Maintenance & Inspections

All aircraft require at least an annual inspection by a certified mechanic (for certified planes) or a condition inspection (for experimentals). Older planes can be very affordable to maintain if well-maintained to begin with, because they use simple mechanical systems and readily available parts. However, if you get a “great deal” on a plane with hidden issues (corrosion, engine near overhaul, etc.), you might end up paying more in maintenance than you saved on purchase. Do a thorough pre-buy inspection and budget a healthy annual amount for maintenance. As a rule of thumb, some owners set aside $5-$10 per flight hour for an engine overhaul fund, plus fixed costs for annual inspection labor.

Fuel Burn

Light aircraft vary widely in fuel consumption. An ultralight might burn 2–3 gallons of auto gas per hour; a small two-seater like a Champ or C150 burns ~5–6 gallons avgas per hour; a faster four-seat plane (say a Piper Arrow or Cessna 172) might burn 8–10 gph; high-performance planes even more. Fuel is one of the biggest direct costs of flying. Opting for an efficient engine or slower aircraft can save a lot. (For instance, the Sling TSi’s Rotax engine running mogas at 7–8 gph is remarkably efficient for 4 seats.) Consider what fuel the aircraft uses too – avgas (100LL) vs auto fuel – as availability and price differ.

Insurance

If you’re a low-time pilot, insurance for even a cheap plane can be significant. Rates depend on hull value and your experience. As hull values go down (cheaper plane) the cost typically drops, but some older taildraggers might incur higher premiums for low-time pilots. Shop around. With fractional ownership, insurance costs are shared, but each pilot still needs to meet any experience requirements set by the insurer.

Storage (Hangar/Tie-Down)

Do you need a hangar or is an outdoor tie-down acceptable? Ultralights and fabric-covered vintage planes really benefit from indoor storage (to reduce weathering). Hangar rentals can range from $200 to $600+ per month in many areas, which can rival or exceed monthly payments on a financed plane! Factor this in. If you’re in a fractional program, the management might handle storage centrally, and you pay a portion.

Upgrades and Surprises

Leave some budget for upgrades you’ll want (or need) – e.g. avionics improvements, adding a radio or GPS, better brakes, etc. Older cheap planes often have very basic instrument panels; you might invest in a modern radio or engine monitor for safety and convenience. Also, unexpected repairs will happen – maybe a generator fails or a tire needs replacement. Having a financial buffer (or sharing these costs with co-owners) will keep your affordable dream plane from becoming a financial headache.

Cost-saving tips

Joining a local flying club or co-ownership group can spread costs if formal fractional ownership isn’t your thing. Some clubs offer access to planes for a modest monthly fee plus hourly rates – potentially cheaper than owning alone. Also, consider doing your own preventive maintenance if allowed (the FAA permits owners to do certain basic tasks on certified aircraft, and experimental owners can do almost all their own maintenance). Owner-assisted annuals can cut inspection costs. Lastly, flying efficiently – lean-of-peak operations, proper cruise settings – and planning flights smartly can trim your fuel and operating expenses over time.

License & Training Path – Ultralight Freedom to Private Pilot Power

Do you need a pilot’s license to fly a cheap light aircraft? It depends on the category of aircraft:

Ultralight Aircraft (FAR Part 103)

 No pilot license required. In the U.S., single-seat ultralight “vehicles” that meet FAA Part 103 criteria do not require any pilot’s certificate or medical. This is a huge draw – you can essentially buy an ultralight and start flying (after teaching yourself or informal training). Keep in mind ultralights are heavily restricted in size, weight (under 254 lbs empty fuel), fuel capacity (5 gal), speed, and only one seat. They’re meant for solo recreational flying only. (Example: An Aerolite 103 or similar ultralight kit can be an extremely low-cost entry to aviation with minimal red tape.)

Light Sport Aircraft (LSA)

Sport Pilot license required (or higher). Two-seat light sport aircraft (max 1,320 lb gross weight, ~120 knots max level speed) can be flown with a Sport Pilot certificate, which involves a minimum of 20 hours flight training and no FAA medical exam (driver’s license suffices). Many modern affordable planes fall in this category – including factory LSAs and experimental kits. If you’re not already a private pilot, Sport Pilot training is a quicker, cheaper path to flying light aircraft. Some vintage planes qualify as LSA as well (for instance, certain ERCO Ercoupe and Aeronca Champ models meet the LSA weight and speed limits, allowing Sport Pilots to fly them). Otherwise, a Private Pilot license is required for heavier or more capable planes.

Certified General Aviation Aircraft

Private Pilot license (at minimum). Traditional small airplanes like Cessnas, Pipers, Beechcraft, etc., even if old and “cheap” to buy, usually require a Private Pilot certificate to operate (and a valid medical, or Sport Pilot rules if the aircraft happens to meet LSA limits). A Private Pilot license involves at least 40 hours of training (often 60–75 hours in practice) and a more intensive exam process, so it’s a larger investment than Sport Pilot. However, it lets you fly a broader range of aircraft (higher weights, 4+ seats, higher speeds, night flying, etc.). If you aim to fly a 4-seat plane like a Cessna 172 or a Sling TSi, plan on getting a Private Pilot license or having a co-owner who is licensed to fly it.

Bottom line: Ultralights = no license needed; Light Sport = Sport Pilot (fast-track, limited privileges); Standard light planes = Private Pilot (more training but full privileges). The good news is that flying cheap light aircraft often means simpler planes that are great for training. Many of the affordable classics (Champ, Cub, Cessna 150) are ideal trainer aircraft, so you can learn to fly in the same plane you eventually buy.

Buying Checklist – Landing a Great Deal Without Costly Surprises

  • Pre-buy inspection with an A&P who knows the type (Ercoupe rigging? Cub fabric?)
  • Verify AD compliance and airworthy logbook entries.
  • Check engine compressions & time-before-overhaul—low time ≠ low cost if the engine’s calendar-timed out.
  • Budget 15 % of purchase price for first-year surprises (magneto, tires, carb overhaul).
  • Get a hangar quote before you wire funds—sometimes “cheap plane” + expensive rent = bust.

FAQs – Your Top “Cheapest Light Aircraft” Questions Answered

Q: What is the absolute cheapest airplane I can buy?


A: If we include all aircraft, probably a used ultralight or ultralight-style kit plane – these can be found for only a few thousand dollars (some even under $10,000) for flyable examples planeandpilotmag.com. Remember, true single-seat ultralights don’t require a license and are the simplest form of aircraft. Among traditional certified airplanes, the ERCO Ercoupe is often cited as the cheapest: many sell in the $15K–$20K range for a basic airworthy planeaerotime.aero. It’s a real airplane (2 seats, 75 hp engine) that can often be had for the price of a used car. Planes like the Aeronca Champ or Cessna 150 are also extremely cheap compared to most aircraft, typically in the $20K–$30K range used. Keep in mind, a very cheap purchase price might come with higher maintenance needs, so “cheapest to buy” isn’t always “cheapest to own.”

Q: Can I fly a light aircraft without a pilot’s license?

A: Yes – but only certain types. Under U.S. FAA rules, you do not need any pilot license to fly a Part 103 ultralight vehicle (which is a very limited class of single-seat aircraft)faa.gov. However, to carry a passenger or to fly anything larger/faster than an ultralight, you will need a pilot certificate. The easiest to get is the Sport Pilot license, which lets you fly two-seat light sport aircraft (daytime, good weather only, among other limits). For most classic airplanes and larger light aircraft, a Private Pilot license is required. While ultralights have no legal license requirement, it’s highly recommended to get some training regardless – they may be “simple” but can still be dangerous without proper flying skills.

Q: How much does it cost to own and operate a small plane annually?

A: The yearly cost can vary widely, but a common ballpark for a simple single-engine piston (2–4 seats) is on the order of $5,000–$15,000+ per year in fixed costs and routine expenses. That includes hangar or tie-down rent, insurance, annual inspection, and average maintenance. For example, one analysis found that a “light flyer” with a used plane spent about $12,570 per year to own and operate it aerotime.aero. On top of that, you have fuel and oil which depend on how many hours you fly. If avgas is $6/gal and your plane burns 6 gph, that’s $36/hour in fuel. So 50 hours/year = $1,800 in fuel. Add it all up, and a budget of around $10K/year is a reasonable planning figure for a modest plane. You can reduce costs by flying less (fuel and engine reserves), keeping the plane tied down outside (cheaper than hangar, but be mindful of weathering), or doing owner maintenance where allowed. Fractional ownership can also slash your individual cost – you might pay, say, 1/4 of the fixed costs if you own 1/4 of the plane, which can make high-quality planes affordable to keep. Always have a reserve fund for unscheduled repairs; an aircraft part or engine issue can be a several-thousand-dollar event unexpectedly.

Q: Is it better to buy a cheap older plane or join a fractional ownership program for a new one?

A: It depends on your priorities. Buying an older plane outright gives you full control – you can fly whenever you want, customize it, etc. And the up-front price will be lower than a new plane. However, you also assume 100% of the costs and maintenance responsibility. Older planes can surprise owners with maintenance needs (e.g. engine overhauls, fabric replacement, avionics fixes) that sometimes equal or exceed the purchase price. On the other hand, fractional ownership of a newer plane spreads the cost and risk. You pay a fraction of the purchase price for a share and then pay a portion of the upkeep; the management company takes care of maintenance scheduling, etc., and you typically get guaranteed access for a certain number of hours. The trade-off is you can only use the plane according to the sharing schedule, and there may be monthly management fees. If you fly occasionally and want a modern, reliable aircraft with predictable costs, fractional ownership can be a fantastic option – you get a lot more airplane (in capability and tech) for your money. For example, instead of owning an old $30K airplane outright, you could put that $30K into a share of a new Sling TSi and enjoy a fast, safe modern plane while others share the expenses. If you fly very frequently or want full freedom, sole ownership of a tried-and-true older plane might suit you better. Many pilots actually start with an older used plane, then later upgrade to fractional ownership or partnerships as they desire better performance without dramatically higher cost.

Q: What are some other low-cost ways to get into flying if owning is too expensive?

A: Consider joining a flying club or renting from a flight school. Clubs often have a one-time membership fee and modest monthly dues, giving you access to multiple aircraft at wet (fuel-included) hourly rates. This can be cheaper than owning if you fly under, say, 50 hours a year. Another path is finding a partner to co-own a plane with you (just a private arrangement) – splitting everything 50/50 (or among 3–4 people) can make ownership costs comparable to a car payment. Just be sure to have a solid co-ownership agreement. Some people also build their own kit aircraft over time as finances allow, essentially paying as they go; this sweat equity approach can yield a new plane for less cash outlay (but lots of time invested). And of course, ongoing training and certain jobs (like banner towing or sightseeing flights) can sometimes give you access to aircraft without owning. But if the question is about personal flying for fun, renting or co-owning are the main alternatives to full ownership to save money.

Ready to Fly Smarter for Less?

Owning a plane doesn’t have to be a millionaire’s game. From an $18K Ercoupe to a share of a brand-new Sling TSi, today’s affordable aircraft market offers something for every dreamer who can’t stop looking up when a single engine aircraft buzzes overhead.

👉 Explore Aeroshare’s Fractional Program and discover how you can trade “someday” for “heck yes, let’s go flying this weekend.” Because the best part of aviation isn’t window-shopping listings—it’s pushing the throttle forward and watching the horizon tilt in your favor. 🛩️