What Is The Typical Down Payment Percentage on a Jet?

NAFA member, Adam Meredith, President of AOPA Aviation Finance Company, answers your questions about jet down payments.

Q: What is the typical down payment percentage on a jet? Possibly a CJ3+?

A: How the aircraft is being used will be a primary factor in determining the required down payment. For Part 91 personal/business use lenders typically will finance up to 85% of the purchase price or aircraft value, whichever is less. Part 135 charter or other commercial usage generally requires larger down payments. 30% down is typical for this type of usage. How the loan is structured can also play a factor in the down payment. AOPA Aviation Finance can offer solutions such as interest only, asset based, or longer fixed term structures. Larger down payments are typically required for these types of loan structures. Please give us a call, we’d be happy to discuss your situation in further detail.

This article was originally published by AOPA Aviation Finance Company on September 18, 2019.