Question: Hello, I am considering the purchase of a Cessna 421B. The asking price is $165,000. Was wondering what the terms would be.
Answer: For a twin-engine aircraft, the lenders in our syndicate will finance up to 80% of the aircraft value or purchase price, whichever is lower. The maximum loan term will be 15 years with a likely rate of 6.75%. If you are in the process of looking for the exact airplane to purchase, we would highly recommend getting a pre-approval started. This way, you can contact the seller with confidence that financing is in place and it will make the closing process much smoother. We would be happy to get an application over to you. Please call us at 800.627.5263.
Do you have a question about aircraft financing? Our team has the answer for you! Submit your question 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.