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What is the cheapest plane to buy? How much does a Cessna 172 cost?

A Cessna 172’s value is just like a car’s – it all depends on the age, the condition, and what accessories it has.

A piece of junk bought as a fixer-upper with no airworthiness certificate can probably be had for under $20,000.

However, planes don’t age and deteriorate in the same way as cars do. Providing it is properly maintained, with all the maintenance logs in order, a fresh annual and engine overhaul, and fully loaded with modern avionics – a 50-year old Cessna 172 could set you back $200,000 or more.

That’s in the US – expect to pay more in Europe.

source: ALAN ON QUORA

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