Overview:
Overview:Cessna 182 price varies quite a lot depending on a multitude of factors: Model of the aircraft, Engine time and condition, Avionics, Interior and paint, Any modifications, Prior loss history, typically 10% reduction in price.
Cessna 182 Year and Model
The year and model of the Cessna 182 is used as a base to begin determining today’s value of each aircraft. Older Skylane’s with more airframe and engine time are worth a lot less than newer C182 models.
Engine Time
Cessna 182’s with Lycoming engines have a TBO (time before overhaul) of 1,500 hours. Getting the aircrafts (SMOH) Time since major overhaul is a major factor affecting the price. If the SMOH is 1,200-1,400 hours, you may be in for an expensive engine overhaul expense after only a few hundred hours of use. The average overhaul cost for a 1956 182 Skylane is $25,000 as of November 2019.
Airframe Time (TTAF)
Total Airframe Time is a good indicator of how heavy the aircraft has been used during it’s lifetime. Airframes with high TTAF, 10,000 hours plus, are considered to be less valuable due to the amount of time on the aircraft. For the Cessna 182, the average annual airframe hours are about 109 per year. With a 1956 Skylane, which is a 63 year old aircraft, so the average AFTT would be 6,867 hours.
Avionics
Avionics and upgrades can significantly impact the value of a Cessna 182. Panel upgrades, GPS, Autopilot, ADS-B installation, can all increase the value of the Cessna Skylane. The best case is to obtain an equipment list or installation and upgrade history to help justify the value of the additional avionics.
Interior and Paint
Aircraft interiors are typically given a 1-10 based on a grading scale. New or mint condition interiors can increase the value of a Cessna 182 by $5,000-$10,000. Paint is also graded on a scale, new paint jobs can add $5,000-$10,000 to the value.
Prior Loss History
A lot of Cessna 182’s have had losses or been in accidents. This is due to the aircrafts age and is also a testament to the aircraft’s durability and longevity. Depending on the incident and level of damage, having loss history will typically decrease the value of the Cessna 182 by 10-20%.
