You’ve finally found a few piston aircraft that fit your mission but now you’re stuck. One is new, shiny, and warranty-backed. The other? Older, more affordable, but with a few hours on the logbook. And the big question is: which financing path makes the most sense?
This blog breaks down the key differences between piston aircraft loans for new and used planes. You’ll learn what each option means for your budget, loan structure, and long-term ownership. If you’re caught between the two, keep reading.
What to Know About Loans for Used Piston Aircraft
Used aircraft are often less expensive upfront, but financing them involves a few extra things to consider. Lenders may look at the age of the aircraft and total flight hours when offering terms. Older models might have shorter loan terms, slightly higher interest rates, or additional inspection requirements.
That said, used piston aircraft loans are very common and widely available. Many buyers go this route to save on initial costs. Finding financing for popular, well-maintained makes and models is also easier. If you’re buying from a reputable seller and the aircraft’s logbooks are clean, financing a used plane can be straightforward and cost-effective.
What to Expect with Loans for New Piston Aircraft
New aircraft typically qualify for longer loan terms and lower rates. Lenders see these aircraft as lower risk since they come straight from the factory with full warranties and no wear. That often means your payments can be spread out more comfortably.
New aircraft financing can also give you more flexibility in structuring your loan. It’s ideal if you want the newest avionics, the latest features, and peace of mind on maintenance. The catch? You’ll likely pay more upfront and over time. Still, for many, that tradeoff is worth it for the predictability and lower maintenance risks.
Need Help Deciding? AirFleet Capital Makes It Easier
At AirFleet Capital, we make the loan process clear and stress-free. Whether you’re leaning toward new aircraft or exploring a used Piston, our team answers honestly and walks you through the loan details step-by-step. We’ve helped buyers across the U.S. find a smart, affordable path to ownership.
Take a look at our piston aircraft loan programs to see what fits your goals. Then reach out—we’re here to talk it through and help you move forward.