Joined: Nov 25, 2011. Thats based on 100 flying hours per year. Keep in mind that they sell quickly once they go on the market. [7] Later, the 172 was given its own type certificate. All rights reserved. If you opt to buy an older, used Cessna 172, you can expect to pay significantly less, around just $40,000 to $50,000 or so. Probably some of the biggest risk in a field overhaul is the crankshaft. The popular 172 Skylanes have a 2,000-hour TBO and overhauls running in the $20,000 range. A variant of the 172, the T-41 Mescalero was used as a trainer with the United States Air Force and Army. Meanwhile, safe flying! When you rent a plane, you agree to use it for a predetermined amount of timetypically several yearsin exchange for a fixed monthly payment. If purchasing a new aircraft, youll be guaranteed that it will be in perfect working order. Another way to think about these types of costs is that no matter how often you fly your Cessna 172, youll still have to pay for these things. It brought to the line an optional autopilot and a key starter to replace the previous pull-starter. Plan ahead and optimize your route to minimize distance flown, Fly during off-peak hours when airports are less busy, Use aeronautical charts to find the most efficient route, Look for fuel discounts at FBOs (fixed base operators). In this article, Ill cover the total cost of ownership and the various financing options for a Cessna 172 Skyhawk. $435.00. FAA Approved Repair Station (#RV3R829L) Prop Type Maximum Diameter Minimum Diameter; Cessna 172L: Lycoming O-320-E2D: Standard: 75: 74: Cessna 172M: Lycoming O-320-E2D: Standard: 75: 74: Cessna 172P: Lycoming O-320-D2J: . Students or seasoned pilots will hopefully enjoy my insights about flying aircraft. Year in 2001 our Cessna 172 might have been purchased for forty-five thousand dollars and we purchased it in this example for a hundred thousand dollars. IO-520-F (3-blade 80 Scimitar), TSIO-520-( ) (3-blade 80) More recently, the new diesel powered 182JT-A and 867 hp, High Gross Weight 208B Caravan EX have been introduced to the world with new Hartzell 3-blade propellers all proudly displaying the Hartzell Built on Honor logo. 918-835-3681 FAX U206G (Late Models) IO-520-F (3-blade 80 Scimitar) Prop overhaul of $2500 prop + $2000 governor. As you can see, once you start adding everything up, the cost of ownership for a Cessna 172 Skyhawk (on indeed any plane) can be expensive. Depending upon the propeller model, this interval could be between 1,000 to 2,000 flight hours; but, there is also a calendar limit (typically five years) that is often ignored. With most business jets accumulating less than 500 hours of flying time a year, the schedule for modern jet engine MRO operations averages about 12 years or more. Cessna172club.com, Cessna 172 talk 24/7. Find N6358E 1959 CESSNA 172 SKYHAWK on Aircraft.com. [11], The 1965 model 172F introduced electrically operated flaps to replace the previous lever-operated system. Otherwise, youll have to pay for the labor, oil, and filters out of your own pocket. 1,597 were built.[11]. Heres a simple guide with our pricing: Fixed Pitch Propeller Overhaul $840.00 $920.00, Constant Speed Propeller Overhaul $2,800.00 $3,400.00, Full-feathering / Turbo Prop Overhaul $4,000.00 $6,800.00, Propeller Boots come extra ranging from $130.00 $400.00, Pick-up and Delivery service ranges from $250.00 $900.00 (one way), Round-trip delivery service $500.00 $1,500.00, Propeller paint jobs ranging from $165.00 $250.00. The price of avgas (100LL) has increased significantly over the past few years and shows no signs of decreasing any time soon. It seems like the work orders from the conversion on dads 172 ended up at about $35,000 back in 2004. [11], The 1962 model was the 172C. Penn Yan Penn Yan Aeros (www.pennyanaero.com) SuperHawk, a 180-HP conversion for the 1968-1982 Cessna 172, comes as a kit for $35,309. Low-Cost Propeller Kits Crown your Beechcraft King Air turboprop's achievement with the industrys best value. This price includes the removal and replacement of the engine, all new parts including an overhauled crankshaft, cylinders, pistons and bearings, as well as labor. Hangar costs will vary greatly depending on location and the type of storage facility youll be renting space from. The Reims Rocket led to Cessna producing the R172K Hawk XP, a model available from 1977 to 1981 from both Wichita and Reims. This is a rough estimate but it should give you an idea. item 5 Cessna 172 / 172M McCauley Flanged Wheel No. Other owners fly the airplane to the overhaul location and let the overhaul specialists remove, overhaul and reinstall the . 172 Skyhawk is around $370,000 to $425,000 or more. If you are technically-minded, you can save money on labor by looking after oil changes yourself. Ive also considered some regular subscriptions here that you might be paying for such as weather services or ForeFlight. Overhauled Propellers - McCauley Propellers Search Propeller PartsMarket, Inc. 2970 Curtis King Blvd. . The 172RG sold for about US$19,000 more than the standard 172 of the same year and produced an optimal cruise speed of 140 knots (260km/h), compared to 122 knots (226km/h) for the contemporary 160 horsepower (120kW) version. For more detailed information on hangar costs, check out our full cost analysiswhere we take an in-depth look at the cost of renting, buying, or building a hangar of your own. The variable cost to fly works out at around $83 per hour. Last edited on 26 February 2023, at 14:37, world record for (refueled) flight endurance, the Cessna 172 in which he was a passenger crashed, Hartsfield-Jackson Atlanta International Airport, "Trivia on Time and History 3:53 p.m. Buying a share in a plane enables you to own a portion of the plane and operate it jointly with other owners. 1999 CESSNA 172S SKYHAWK SP Piston Single Aircraft Price: USD $275,000 Payments as low as USD $1,757.25 / monthly* Aircraft Location: Goodyear, Arizona Serial Number: 172S8254 Registration #: N327SP Total Time: 6,998 Engine Notes: AAT Garmin Glass Panel upgrade Longest Air Flight in History Begins", "The Longest Ever Flight Was Over 64 Days In A Cessna 172", "Skyhawk SP Specification and Description", "Federal Aviation Administration (December 2006). U206G, P206 P206E, TP206A TP206E, TU206F ( )IO-520-( ) (3-blade 78 ) Propeller Boots come extra ranging from $130.00 $400.00. For anyone who dont want to commit to buying the aircraft outright, leasing a Cessna 172 Skyhawk can be a simple and affordable financing choice. [citation needed], While numbered and marketed as a 172, the 172RG was actually certified on the Cessna 175 type certificate.[18]. Meticulously maintained low-time full IFR Cessna 172 Cutlass RG w/ freshly O/H Engine and McCauley constant speed Prop. The Lycoming 320 is a family of four-cylinder, piston aircraft engines that produce 150 or 160 hp. It costs nearly $5 per gallon and a Cessna 172 burns about. 2017 Jayco Jay Feather For Sale, Bear in mind that the lower rates will often only be liability-only cover. Years before overhaul: 12. This isnt a cost you have to pay every year or anything like that. When youre in the market for the best propeller available for your Cessna, Hartzell Top Prop has a solution for you. Installed new bearings and parts, cylinders honed (since cylinders were not replaced it cannot be called a major overhaul). It includes an overhauled O-360-A4M engine, Sensenich SuperHawk propeller, and all of the hardware for the installation. The longer you own a plane for, the more the annual variable costs tend to start increasing. So just factor this cost into how often you plan to fly per year and you should have an idea of what this will cost you. To fully prepare for the annual inspection, you will also likely have to pay for any required maintenance that will be needed to pass the inspection. Thats it for this article. More modern engines have about 6,000 hours or more. Overhauling an airplane engine can get very expensive very quickly depending on the condition of the engine, the age, the hours of wear and tear etc. Other costs for routine engine maintenance on a Cessna 172 may include replacing hoses, belts, and other parts that are worn or broken. U206G, P206 P206E, TP206A TP206E, TU206F ( )IO-520-( ) (3-blade 80 Scimitar) Kit includes 2-bladed propeller, spinner, and STC paperwork. The variable cost to fly is around $83 per hour (fuel, oil, maintenance etc.). Pick-up and Delivery service ranges from $250.00 $900.00 (one way) Round-trip delivery service $500.00 $1,500.00 $7.82. Improved performance and a quieter cabin provide an enhanced flying experience for pilot and . Besides the price, fixed costs total about $800 to $5,000 per year for insurance, hangar fees, and regular maintenance. Are you curious about how much it is to overhaul your aircrafts propeller? Cessna 172 overhaul @ $17,000 divided by the TBO (estimated time between overhauls) of 2000 hours = $8.50 per hour. New rudder and brake pedals were also added. Preferred has McCauley, Hartzell, and Hamilton Standard propeller parts for many aircraft! Aircraft propellers have recommended overhaul intervals based on calendar time and flight hours. (352)615-2437 This 172k has the same engine as 172M, only a few minor differences. The main factor in determining the cost of insuring a Cessna 172 Skyhawk is the valuation of the airplane. The Hawk XP was capable of a 131-knot (243km/h) cruise speed. Some hangars are fully heated and insulated, including both bathroom and kitchenette facilities while others are more bare bones. This model is marketed under the name Skyhawk SP, although the Type Certification data sheet specifies it is a 172S. The Chalet Episode 1 Recap, The flight school here did an O-320-E2D a few years ago @ Gann Aviation on a 75 172M and it was just shy of 23k. (You must log in or sign up to reply here. This model year also saw a redesigned instrument panel to hold more avionics. Propellers are a nice touch to your establishment or home. We welcome you to stop by our facility to check out our display case in the front office and then tour our shop afterwards! Applying for a loan created especially for financing airplanes is an additional choice. A total of 889 172C models were produced. You can be almost guaranteed that there will be other minor costs associated with owning and flying not just the Cessna 172 Skyhawk but indeed, any airplane. If you have less-than-perfect credit, these loans frequently offer more scraping terms and might be more ready to work with you. . Theres also going to be a depreciation cost but its impossible to estimate this cost for your specific circumstances because there are so many factors to consider. Starting with a Cessna 172 M, N or P (bring your own or they'll find one for you), the company takes the airframe down to bare metal, replaces worn parts (including the firewall if needed) and rebuilds it with a Centurion turbo-diesel engine, Hartzell Bantam three-blade carbon-fiber prop and all-new avionics. The increased power resulted in an increase in optimal cruise from 130mph (209km/h) TAS to 131mph (211km/h) TAS (true airspeed). Manufacturer Part Number. Also keep in mind that if you finance your plane, the purchase price is not the final price that you pay. Following their removal from the UPT program, some extant USAF T-41s were assigned to the U.S. Air Force Academy for the cadet pilot indoctrination program, while others were distributed to Air Force aero clubs. You could use aircraft accessory bodies for pots to plant flowers in, engine crank cases for a coffee table, or pieces of a jet engine for a desk! Times typically run between 1,500 and 2,500 hours and theres usually a calendar factor of about 12 years so the guidance is for whatever comes first. ATTENTION TO RIGHT HOLDERS! [8][9] The 172 became an overnight sales success, and over 1,400 were built in 1956, its first full year of production.[10]. However, the price can vary depending on the year, model, and location of purchase. Some owners have their mechanic pull the engine and ship it to an overhaul facility. A Cessna 172 owner can buy our engine, keep the existing accessories if desired, bolt up the Vantage engine and be ready to go, said Hayes, and all for about the cost of a factory rebuild. This is a brand-new 180 hp engineall new partsand sells for $25,000 including the STC. If you have a love for flying, and you can afford it, then its really worth it. Currently, avgas costs about $5 per gallon, and the Cessna 172 Skyhawk consumes 8.0 gallons of avgas each hour. The Cessna 172S was introduced in 1998 and is powered by a Lycoming IO-360-L2A producing 180 horsepower (134kW). The electrical fuses were replaced with circuit breakers. Buying a Cessna 172 Skyhawk is not the end when it comes to how much you have to pay for it. We'll explore the ins and outs of the sky and how to travel through it. cessna 172 propeller overhaul cost. When you think Cessna propeller driven aircraft, two major qualities come to mind. The advantages of owning an airplane without having to pay for it outright can frequently be accessed by people or organizations at a reasonable cost through fractional ownership. First flown in 1955, more 172s have been built than any other aircraft. Lets be conservative and factor in say, $15 per running hour to cover these engine maintenance costs. View photos, ownership, registration history, and more. All materials are posted on the site strictly for informational and educational purposes! D-30260 P/N C163004-0104 Cessna 172 / 172M McCauley Flanged Wheel No. Cessna supplemented this in 1998 with the 180hp (135kW) Cessna 172S Skyhawk SP. Propeller Make: McCauley Model: 1C235/LFA7570 Hub Serial Number: V148016 Time Between Overhauls: 2,200 Hours Time Since Overhaul: 1,458.2 Hours Total Time Remaining: 741.8 Hours Overhaul Information: Overhauled & installed 28 April 2008 at 4,482.8 hours AFTT Overhaul reserves: $9.57. [18], Model introduced in July 2014 for 2015 customer deliveries, powered by a 155hp (116kW) Continental CD-155 diesel engine installed by the factory under a supplemental type certificate. An FAA certificated powerplant mechanic can overhaul a complete engine and legally approve it for return to service. How much does a Cessna engine overhaul cost? That said, you will almost always get much better value out of a Cessna 172 if you buy a used model. [3][28][38][39], Simulator company Redbird Flight uses the same engine and reconditioned 172 airframes to produce a similar model, the Redbird Redhawk. The "100" designation indicated that it was powered by a Lycoming O-320-H2AD, 160 horsepower (119kW) engine designed to run on 100-octane fuel, whereas all previous engines used 80/87 fuel. In July 2011, Bye Energy, whose name had been changed to Beyond Aviation, announced the prototype had commenced taxi tests on 22 July 2011 and a first flight would follow soon. But flying is so worth it! Heres a simple guide with our pricing: Fixed Pitch Propeller Overhaul $840.00 $920.00, Constant Speed Propeller Overhaul $2,800.00 $3,400.00, Full-feathering / Turbo Prop Overhaul $4,000.00 $6,800.00, Propeller Boots come extra ranging from $130.00 $400.00, Pick-up and Delivery service ranges from $250.00 $900.00 (one way), Round-trip delivery service $500.00 $1,500.00, Propeller paint jobs ranging from $165.00 $250.00. FAA Approved Repair Station (#RV3R829L) 170A, 170B. Treasure Coast Int'l Airport Fort Pierce, Florida 34946 Phone : 772-464-0088 sales@propellerpartsmarket.com Airport Information FAA Identifier: KFPR Ground: 119.55 [0700-2100] Tower: 128.2 [0700-2100] Contact form Full Name E-mail Phone Message The basic 172 appeared in November 1955 as the 1956 model and remained in production until replaced by the 172A in early 1960. So when youre done reading this, youll know everything you need to know about how much it costs to own a Cessna 172. [32] It was discontinued in May 2018, due to poor sales as a result of the aircraft's high price, which was twice the price of the same aircraft as a diesel conversion. Sure, the purchase price will likely be the single biggest price you ever have to pay while you own the plane, but there are other costs involved that pop up throughout the time you own it. If you choose to rent directly from the airport, you can pay up to $400 per month or more for hangar rental. Fantastic performer at close to 1,000 lbs of payload. How much horsepower does a Cessna 172 have? The Skyhawk R was introduced in 1996 and is powered by a derated Lycoming IO-360-L2A producing a maximum of 160 horsepower (120kW) at just 2,400 rpm. The 1969 172K had a redesigned tailfin cap and reshaped rear windows. Again, just like the other costs, the cost of insurance will vary greatly depending on your location, frequency of flight, aircraft value, and type of cover. If you are a credit card customer and we have your information on file, we will charge the card accordingly. All we can provide here are estimates because your mileage may vary when it comes to variable costs for running a Cessna 172. Propellers; Top Prop; Governors; This is sometimes arranged or facilitated in local flying clubs. Cessna 150/152s have a recommended TBO of 1,800 hours, with an average overhaul cost in 2011 of $20,000. The 1974 172M was also the first to introduce the optional 'II' package which offered higher standard equipment, including a second nav/comm radio, an ADF and transponder. Granted, this was a factory new engine and prop. Heres the complete cost to own and operate one. Here we will assume that an engine rebuild will cost between $16,000 and $30,000.00 and that the recommend time between overhaul is between 1,800 hours and 2,000 hours. In 1976, Cessna stopped marketing the aircraft as the 172 and began exclusively using the "Skyhawk" designation. [20] A total of 839 172Hs were built.[11]. 1,146 172Ds were built. Propellers are not the only type of aviation accessory you can create art from. On a Cessna 172, the average annual cost for maintenance will be around $500 to $800. [11], The 1978 model brought a 28-volt electrical system to replace the previous 14-volt system. The 1971 model sold for US$13,425 in the 172 version and US$14,995 in the Skyhawk version. The ploy was unsuccessful and neither the Powermatic nor the Skylark were produced again after the 1963 model year. Insurance pricing does vary due to so many factors. $ 22,750 Cost with Overhaul Most classic Cessnas such as the one in this example are appreciating year over. Which one to buy is of course the million $ question as it seems like every one of them has had ADs on them at some point. IO-360-A1B6(D) 177RG, F177RG (2-Blade Scimitar), O-470( ) (Land, Sea & Amphibian) (80 3-Blade) In my experience a lot of people don't do this, which is too bad as the overhaul cost of a fixed pitch prop isn't that much. Cessna delivered the first production model in 1956, and as of 2015[update], the company and its partners had built more than 44,000 units. Be prepared for a total cost of ownership of $13,125 annually. Propellers are not the only type of aviation accessory you can create art from. Cessna 172 Skyhawk Engine Maintenance Costs, Miscellaneous Running Costs for the Cessna 172 Skyhawk, Financing Options for Purchasing a Cessna 172 Skyhawk, Taking out a loan for one Cessna 172 Skyhawk. [11], The 172Q was introduced in 1983 and given the name Cutlass to create an affiliation with the 172RG, although it was actually a 172P with a Lycoming O-360-A4N engine of 180 horsepower (134kW). [3] It was developed from the 1948 Cessna 170 but with tricycle landing gear rather than conventional landing gear. The planned engine was to be a Thielert Centurion 2.0, liquid-cooled, two-liter displacement, dual overhead cam, four-cylinder, in-line, turbo-diesel with full authority digital engine control with an output of 155hp (116kW) and burning Jet-A fuel. However, the price can vary depending on the year, model, and location of purchase. The 172J designation was never used for a production aircraft. One day I hope to own one, so I was particularly curious to find out how much a Cessna 172 Skyhawk costs to own and operate. Pickup and Delivery Services are available for your engine and propeller, . It was equipped with a Continental O-300 145hp (108kW) six-cylinder, air-cooled engine and had a maximum gross weight of 2,200lb (998kg). If purchasing your new or used Cessna for straight-up cash, you dont need to concern yourself with finance costs. You might have the opportunity to build or buy your own hangar. O-470( ) (3-blade Scimitar) Email: propshop@airacc.com. Now, lets talk about how to afford one! Safety is paramount, so its a crucial thing that needs to happen. The cost to insure a used Cessna 172 Skyhawk will be approximately $1,900 per year. What Are the Variable Costs for Cessna 172 Skyhawk Ownership? Most all of these O-320s have hollow crankshafts that are plugged in the front but open to the crankcase and they build up sludge in there and corrosive combustion byproducts. If current fuel costs are about $4 per gallon, that's another $40 per hour to operate the plane. The aircraft was later refined into the Turbo Skyhawk JT-A, which was certified in June 2014 and discontinued in May 2018. The costs to own and operate a Cessna 172 Skyhawk are much the same as the costs involved in owning and operating a Cessnaof any kind. No products in the cart. That wont cover damage or loss to the aircraft itself. In January 1955, Cessna flew an improved variant of the Cessna 170, a Continental O-300-A-powered Cessna 170C with larger elevators and a more angular tailfin. eBay Product ID (ePID) . The venerable 182, introduced in 1956, draws an average overhaul tab of $25,000 in 2011 after a TBO of just 1,500 hours. Lets look at each of these categories in-depth. During the year, you might have toreplacespark plugs andair filters. O-360-A1F6(D) 177B (2-Blade Scimitar) Popular Aircraft: Cessna 150, C-150; ERCO, Ercoupe; Piper Cub Special, PA-11; Champion 7EC About 1085 hours since overhaul where they did an engine tear down and internal inspection. This included new baffling, starter, carburetor, ignition leads, hoses, oil cooler, engine mounts, etc. The Cessna 172S was introduced in 1998 and is powered by a Lycoming IO-360-L2A, producing 180 horsepower (134 kW). Brand. [37] The R&D project was not pursued for production. Penn Yan Penn Yan Aero's ( www.pennyanaero.com) SuperHawk, a 180-HP conversion for the 1968-1982 Cessna 172, comes as a kit for $35,309. Aircraft Propeller Parts We have a huge inventory of new, used, and overhauled McCauley, Hartzell, and Hamilton Standard aircraft propellers and governor parts, and prop de-ice components. It was powered by a Rolls-Royce built, fuel-injected, Continental IO-360-H(B) 210hp (160kW) engine with a constant-speed propeller. Discussion in 'Maintenance Bay' started by Skymac, Jun 19, 2020. Heres how much it costs to own and operate. We welcome you to stop by our facility to check out our display case in the front office and then tour our shop afterwards! The Cessna 172 Skyhawk is an American four-seat, single-engine, high wing, fixed-wing aircraft made by the Cessna Aircraft Company. Do you own a restaurant or fancy any type of aviation art? [11], The 1979 model "N" increased the flap-extension speed to 110 knots (204km/h). We can be reached at contact@skytough.com. Introductory base price was US$ 8,995 and a total of 4,195 were constructed over the five years. An overhauled engine has new parts installed when they are worn beyond limits, but many are left in place because the wear limit hasnt been exceeded. TSIO-520-( ) (3-blade 82 Scimitar), IO-520( ), TSIO-520( ) (3-blade 78 Scimitar), IO-520-A, -J, TSIO-520-C, -H (3-blade 82 Scimitar), Cessna 400 / T240, Lancair/Columbia LC41-550FG Corvallis TTX, 300/350, Lancair/Columbia LC40-550FG and LC42-550FG Corvallis, O-470, IO-470, IO-520, TSIO-520 (3-blade), T310-P, -Q, -R, 320-D, -E, -F, 340(A), 402C, 414(A), Hartzell Propeller Inc. One Propeller Place Piqua, Ohio 45356, Toll-free for North America: 1-800-942-7767. Statistically, engine failure is rare. Initial retail price in 2014 was $435,000. Access specifications for the Hartzell Top Prop conversion kit for Cessna 172, 175 series. The 172M of 197376 gained a drooped wing leading edge for improved low-speed handling. Will probably not go a factory reman but instead a smaller shop rebuild. 206, 206A, TU206A-TU206F, P206A, TP206A ( )520-( ) (3-blade 82 Scimitar) In most cases having them checked and balanced at overhaul is an 2015 Hartzell Propeller. The variable costs associated with owning and flying a Cessna 172 include fuel, oil changes, and major expenses like an engine overhaul. Cessna advertised this added rear visibility as "Omni-Vision. Your tracking number is included on your invoice. The "L" also had a plastic fairing between the dorsal fin and vertical fin to introduce a greater family resemblance to the 182's vertical fin. Your receipt will be sent from our credit card servicer, Paymentech. At pretty much any time, you can find used Cessna 172 airplanes for sale on Trade A Plane that are ready to fly within this price range. It was developed from the 1948 Cessna 170 but with tricycle landing gear rather than conventional landing gear.The Skyhawk name was originally used for a trim package, but was later applied to . Easily outperforms any stock 172. The 1968 model marked the beginning of the Lycoming-powered 172s. A new cowling was used, introducing shock-mounts that transmitted lower noise levels to the cockpit and reduced cowl cracking. With a loan, youll also have to pay interest to the bank or lender that you use, so your monthly or yearly costs will end up totaling much more than the sticker price of the Cessna. You could use aircraft accessory bodies for pots to plant flowers in, engine crank cases for a coffee table, or pieces of a jet engine for a desk! But this engine proved troublesome[21] and it was replaced by the similarly rated O-320-D2J to create the 1981 172P. Each must be inspected, measured, and/or replaced as necessary to meet the manufacturer's overhaul guidelines. Alternatively, the majority of newly qualified private pilots prefer to rent a Cessna 172 Skyhawk if that makes more financial sense for them. So for purposes of this analysis, I will use engine overhaul of $24,000 engine + $2400 R&R. IO-520 engine, 1700 TBO, 1540 SMOH and 100 since a $13,000 top overhaul with new cylinders. If you want full coverage, youll have to pay much more for insurance and the cost will heavily depend on the value of the plane. Enter the CESSNA DENALI single-engine turboprop, a brand-new high-performance aircraft that changes everything. For liability-only coverage, you can expect to pay around $150-$250 per year. McCauley - McCauley Propeller, Cessna Parts, Cessna Aircraft Parts LIST PRICE YOU PAY *McCauley Part No. When figuring out how much it costs to own and run a 172, its important to think about how its value goes down over time. [17], Production of the "P" ended in 1986, and no more 172s were built for eleven years as legal liability rulings in the US had pushed Cessna's insurance costs too high, resulting in dramatically increasing prices for new aircraft. Communication with the propeller shop is the key to making good decisions here.