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2003 CESSNA 206H

Name: 2003 CESSNA 206H
Brand: Cessna
Price: 486525 USD
Availability: InStock

2003 Cessna 206

Severna Park, MD Listed 3 weeks ago

See all Cessna 206 for sale

About this aircraft

$486,525 · ASKING PRICE SLASHED · 10-MONTH MAINTENANCE BACKLOG? NOT YOUR PROBLEM. 18 SMOH. Fresh April 2026 Annual. 0 Damage. Stuck on endless engine overhaul waitlists, you could be flying today Only 18 Hours SMOH on a bulletproof, naturally aspirated Lycoming. Annual Valid through April 2027. Want a new annual? Airframe: 2,744 Hours TT. Clean, complete logs. No bad nose landings, no hangar rash, no excuses.Skip the turbo nightmare maint issues. This naturally aspirated "flying SUV" gives you the legendary 6-seat payload capacity with lower fuel burns and rock-solid reliability.Just completed a 2 hr. Flight test.

Specifications

Year: 2003
Total time (TTAF): 2,742 hrs
Engine time (SMOH): 16 hrs
Engine: Lycoming IO-540-AC1A5
Annual due: Apr 2026
Damage history: None reported

Avionics & panel

Autopilot installed

Autopilot listed but no GPS navigator detected. Ask the owner about the full IFR navigation suite.

Autopilot

full IFR equipment
autopilot

Equipment list extracted from the seller's description. Verify with logbooks before purchase.

How this stacks up

2 in this listing's favor2 to ask about

Above market
$441,525 (981%) above the family-wide median of 5 Cessna 206 listings
Listed 22 days ago
Listed longer than ~100% of the 5 comparable Cessna 206 listings still for sale
Annual may be overdue
The listing states the annual was due Apr 2026 — confirm the aircraft has a current annual before you commit
No damage reported
The listing reports no prior damage — the seller's description, not the logbooks, so confirm it at a pre-buy
Engine has life left
1,984 hrs to TBO (99% of the 2,000-hr Lycoming IO-540 interval remaining) — an overhaul is well down the road
4/5 key specs
Most key specs are provided; verify any missing details with the seller

This summary draws on signals shown in detail below — price comps, listing age, maintenance and engine status, and key specs. Read each section for full context. Not an appraisal.

Engine Life

Based on 16 hrs since overhaul (SMOH) and the published 2,000 hr TBO for the Lycoming IO-540.

1,984 hrsto TBO

99% of TBO remaining

≈ 16.5 years to overhaul at its historical pace

1,984hrs left ÷ this aircraft's ~119 hrs/yr average. A rough projection — your own flying rate will change the timeline.

Engine reserve budget~$1,500/yr · ~$15/hr

Estimated overhaul cost ($30,000) spread over 2,000 hr TBO at 100 hrs/yr — a rule of thumb, not a quote.

Airframe time

Average over the aircraft's life — 2,742 hrs total time across ~23 years. A rule of thumb, not a guarantee.

≈119 hrs/yrTypical

Typical utilization

This airframe has averaged about 119 hrs/year over ~23 years — in the normal range for a personal aircraft: regularly exercised without being worked hard.

Annual inspection

Required every 12 calendar months. Read off the listing's stated annual-due date — confirm against the logbooks.

Apr 2026Verify

Annual inspection may be overdue

The listing states the annual was due Apr 2026, about 4 months ago — confirm the aircraft has a current annual, and budget ~$2,500 if it still needs one.

Damage history

Reported in the listing — confirm against the airframe and engine logbooks.

No damage history reportedNone reported

This listing reports no prior damage. That is a positive sign, but the flag reflects the seller’s description, not the logbooks — confirm it during a pre-buy. Undocumented or unrepaired damage is a classic red flag, so have an independent inspector review the airframe and engine records before you commit.

Pre-purchase inspection guide

Cost to own

Rule-of-thumb estimates — insurance ≈ 1% of price, hangar $7,500/yr, annual inspection $2,500/yr, fuel + oil at your selected hrs/yr. Engine reserve from the panel above is folded into the split. Your actual costs will vary.

As a sole owner

$2,364/mo$28,365/yr

≈ $284 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$486,525 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $13,365 cheaper annually — fly more to see ownership savings.

Ownership	Buy-in	Monthly	Annual
Full ownership (sole)	$486,525	$2,364/mo	$28,365/yr
1/2 share	$243,263	$1,682/mo	$20,183/yr
1/3 share	$162,175	$1,455/mo	$17,455/yr
1/4 share	$121,631	$1,341/mo	$16,091/yr

Buy-in is the asking price split evenly across partners — what you'd each pay to acquire the aircraft (the real figure is negotiated). Fixed costs (insurance, hangar, inspection, engine reserve) split equally by number of partners; fuel/oil is per-pilot since each partner flies their own hours.

Run your own numbers Find a co-owner on ClubHanger

Price

$486,525

~981% above market · $45k median · 5 comps

ClubHanger Estimate

Above market

Asking $441,525 (981%) above the median Cessna 206 listing.

5 other Cessna 206 listings for sale now range $2,500–$565,000 (median $45,000) — this one is priced above 80% of them.

$2,500$565,000

this listingmedian

See all Cessna 206 for sale

Compares this asking price to all Cessna 206 listings — actual value also depends on year, hours, and avionics. An estimate, not an appraisal or an offer.

Listed 3 weeks ago — on the market longer than ~100% of the 5 similar Cessna 206 listings for sale now

Co-ownership available

6 co-ownership shares listed for Cessna aircraft on ClubHanger.

From $14,000 buy-in — split the fixed costs with a partner instead of owning outright.

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Pilots looking to co-own

5 pilots are looking to co-own a Cessna on ClubHanger.

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Listing trust

2/4

Complete detailsYear, registration, make/model, and a full description.
Maintenance disclosedAirframe (TTAF) and engine (SMOH) times are listed.
Transparent priceA real asking price, not "contact for price".
Posted by a memberListed by a signed-up ClubHanger member, not a scraped aggregator.

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