Navigating Down Payments for a $100K Aircraft

1st June 2024

By AOPA Finance Team

Fly Wise Finance

Question: What percent down payment is typical when financing an airplane in the range of $100,000? Because of the tax implications, I would prefer to finance an airplane as opposed to taking money from an IRA.

Answer: Lenders will be looking for a minimum down payment of 15%. There are factors such as usage, aircraft age, and aircraft valuation that may cause the down payment percentage to be higher. We would be happy to give you a quote for your specific needs. Give us a call at 800.627.5263.

Do you have a question about aircraft financing? Our team has the answer for you! Submit your questions here. Great terms. Helpful and responsive reps. Those are the reasons to turn to AOPA Aviation Finance when buying an airplane. If you need a dependable financing source with people on your side, call 800.62.PLANE (75263) or click here to request a quote.

AOPA Finance Team

Knowledgeable and friendly aircraft finance professionals you can trust to find the best terms for your financing needs. Our goal is to make aircraft ownership more affordable and accessible to pilots.

Fly Wise Finance