2002 DIAMOND DA40
2002 Diamond DA40
About this aircraft
$149,900 · FOR SALE • MUST SELL · 2083TT, 1181SMOH, Garmin 530W, 430W, GTX327 Mode S with ADSB, Dual Aspen multi-function displays, Bendix King KAP140 Autopilot. Has extended baggage for skis/golf clubs. This aircraft is ready to go! ALL AD's Complied including nose gear AD! Located KCMA, Camarillo, California. ALL NEW EXHAUST ($4.3K)! Price reduced again. FRESH ANNUAL INSPECTION WITH SALE!
Specifications
- Year
- 2002
- Total time (TTAF)
- 2,083 hrs
- Engine time (SMOH)
- 1,181 hrs
Avionics & panel
Autopilot listed but no GPS navigator detected. Ask the owner about the full IFR navigation suite.
- Garmin 530W
- Garmin 430W
- GTX327 Mode S with ADS-B
- Dual Aspen multi-function displays
- Bendix King KAP140 Autopilot
Equipment list extracted from the seller's description. Verify with logbooks before purchase.
How this stacks up
Below market
$97,000 (39%) below the family-wide median of 4 Diamond DA40 listings (year & hours not controlled)
Listed 3 days ago
Fresh to market — early in the listing cycle
3/5 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.
Airframe time
Average over the aircraft's life — 2,083 hrs total time across ~24 years. A rule of thumb, not a guarantee.
Typical utilization
This airframe has averaged about 87 hrs/year over ~24 years — in the normal range for a personal aircraft: regularly exercised without being worked hard.
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. Your actual costs will vary.
As a sole owner
≈ $235 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)
$149,900 to buy (the asking price)
At 100 hrs/yr, renting at $150/hr would be $8,499 cheaper annually — fly more to see ownership savings.
| Ownership | Buy-in | Monthly | Annual |
|---|---|---|---|
| Full ownership (sole) | $149,900 | $1,958/mo | $23,499/yr |
| 1/2 share | $74,950 | $1,479/mo | $17,750/yr |
| 1/3 share | $49,967 | $1,319/mo | $15,833/yr |
| 1/4 share | $37,475 | $1,240/mo | $14,875/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) split equally by number of partners; fuel/oil is per-pilot since each partner flies their own hours.
Price
$149,900
~39% below market · $247k median · 4 comps
ClubHanger Estimate
Below marketAsking $97,000 (39%) below the median Diamond DA40 listing.
4 other Diamond DA40 listings for sale now range $220,000–$275,000 (median $246,900) — this one is priced below all of them.
Compares this asking price to all Diamond DA40 listings — actual value also depends on year, hours, and avionics. An estimate, not an appraisal or an offer.
Listed 3 days ago
Co-ownership available
1 co-ownership share listed for Diamond DA40 aircraft on ClubHanger.
From $25,000 buy-in — split the fixed costs with a partner instead of owning outright.
Browse Diamond DA40 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
This aircraft is listed on Barnstormers. Contact and full details are on the source site.
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