1973 CESSNA 182P SKYLANE
1973 Cessna 182
About this aircraft
$220,000 · SALE PENDING · Beautiful 182P! Clean interior, IFR capable avionics, and a low time O-470 engine. TTAF-3788...SMOH-290...SPOH-320. Recent annual (June 2026). Owner not flying and decided to sell. Wheel pants not installed, but included. Airplane located in Hobbs, NM. · LINK TO PICS AND LOGBOOKS
Specifications
- Year
- 1973
- Total time (TTAF)
- 3,788 hrs
- Engine time (SMOH)
- 290 hrs
- Engine
- O-470
- Annual due
- Jun 2026
Avionics & panel
- IFR capable avionics
Equipment list extracted from the seller's description. Verify with logbooks before purchase.
How this stacks up
Fair price
Near the going rate for similar-year, similar-hours Cessna 182 listings (14 comps)
Listed 1 month ago
Listed longer than ~60% of the 109 comparable Cessna 182 listings still for sale — a seller-flexibility signal
Annual may be overdue
The listing states the annual was due Jun 2026 — confirm the aircraft has a current annual before you commit
Engine has life left
1,210 hrs to TBO (81% of the 1,500-hr Continental O-470 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 290 hrs since overhaul (SMOH) and the published 1,500 hr TBO for the Continental O-470.
81% of TBO remaining
≈ 17 years to overhaul at its historical pace
1,210hrs left ÷ this aircraft's ~71 hrs/yr average. A rough projection — your own flying rate will change the timeline.
Estimated overhaul cost ($22,000) spread over 1,500 hr TBO at 100 hrs/yr — a rule of thumb, not a quote.
Airframe time
Average over the aircraft's life — 3,788 hrs total time across ~53 years. A rule of thumb, not a guarantee.
Typical utilization
This airframe has averaged about 71 hrs/year over ~53 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.
Annual inspection may be overdue
The listing states the annual was due Jun 2026, about 2 months ago — confirm the aircraft has a current annual, and budget ~$2,500 if it still needs one.
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
≈ $257 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)
$220,000 to buy (the asking price)
At 100 hrs/yr, renting at $150/hr would be $10,667 cheaper annually — fly more to see ownership savings.
| Ownership | Buy-in | Monthly | Annual |
|---|---|---|---|
| Full ownership (sole) | $220,000 | $2,139/mo | $25,667/yr |
| 1/2 share | $110,000 | $1,570/mo | $18,834/yr |
| 1/3 share | $73,333 | $1,380/mo | $16,556/yr |
| 1/4 share | $55,000 | $1,285/mo | $15,417/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.
Price
$220,000
Around market · $220k median · 109 comps
ClubHanger Estimate
Around marketAsking price is around the median for Cessna 182 listings.
109 other Cessna 182 listings for sale now range $11,700–$715,000 (median $220,000) — this one is priced above 50% of them.
Deal check
Fair priceRight around the going rate for similar-year, similar-hours Cessna 182 listings.
Compared with 14 Cessna 182 listings for sale now within ±5 years and comparable total time — controlling for the two biggest value drivers, so this is a genuine value read (median $229,950).
Compares this asking price to all Cessna 182 listings — actual value also depends on year, hours, and avionics. An estimate, not an appraisal or an offer.
Listed 1 month ago — on the market longer than ~60% of the 109 similar Cessna 182 listings for sale now — seller may have flexibility
Co-ownership available
3 co-ownership shares listed for Cessna 182 aircraft on ClubHanger.
From $28,000 buy-in — split the fixed costs with a partner instead of owning outright.
Browse Cessna 182 partnershipsListing 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.
View the original listing
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