Finance Your Cessna 310
The Cessna 310 is a versatile light twin that combines performance, capability, and value. Whether you're upgrading your aircraft or making your first purchase, we provide specialized Cessna 310 financing solutions with competitive rates and flexible terms tailored to your needs.
Cessna 310 Specifications & Performance
Specification | Details |
---|---|
Category | Piston Twin-Engine |
Price Range | $85,000 - $350,000 |
Typical Used Price | $175,000 |
Engine | Twin Continental IO-520 (285 hp each) |
Cruise Speed | 192 knots |
Range | 1,020 nm |
Seats | 4-6 |
Useful Load | 1,800 lbs |
Service Ceiling | 19,750 ft |
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Get Aircraft Financing QuotesWhy Finance a Cessna 310?
- Twin-Engine Reliability - Proven Continental IO-520 engines with excellent service history
- Strong Performance - 192-knot cruise with 1,000+ nm range
- Flexible Configuration - 4-6 seats depending on model
- De-Icing Available - Many equipped for flight into known icing conditions
- Affordable Twin - Lower acquisition cost than many cabin-class twins
Cessna 310 Financing Options
Competitive Interest Rates
- New Cessna 310: Starting at 6.5% APR
- Late-model used (2010+): Rates from 6.75% APR
- Older models: Rates from 7.5% APR
- Terms up to 20 years available for qualified buyers
Flexible Down Payment Options
- As low as 15-20% down for qualified buyers
- Higher down payments may qualify for better rates
- Trade-in equity can be applied to down payment
- Refinance options available for existing owners
Frequently Asked Questions - Cessna 310 Financing
What credit score do I need to finance a Cessna 310?
Lenders typically require a minimum credit score of 680-700 for Cessna 310 financing. Borrowers with scores above 720 receive the best rates. The Cessna 310's strong market demand helps secure favorable financing terms for qualified borrowers.
How much down payment is required for a Cessna 310?
Down payments typically range from 15-20% depending on aircraft age, condition, and buyer qualifications. Well-maintained aircraft with modern avionics may qualify for lower down payments. Your credit profile and experience also influence requirements.
What loan terms are available for Cessna 310 financing?
Typical loan terms range from 15-20 years for newer models and 12-15 years for older aircraft. Amortization can extend to 20 years with flexible balloon payment structures. Your final term depends on aircraft age, value, and your financial profile.
What insurance is required for a financed Cessna 310?
Lenders require liability coverage (minimum $2M) and hull insurance covering the full loan amount. Annual premiums range from $5,000-15,000 depending on pilot experience, hull value, and aircraft type. Multi-engine and pressurized aircraft require higher minimum pilot qualifications.
How quickly can I get approved for Cessna 310 financing?
Pre-qualification typically takes 24-48 hours with basic information. Full underwriting requires 7-14 business days with complete documentation including tax returns, financial statements, and aircraft details. Closing can occur within 3-4 weeks of application, sometimes faster for experienced borrowers with clean credit.
What pilot qualifications do lenders require for Cessna 310 financing?
Lenders typically require a multi-engine rating and prefer pilots with at least 500 hours total time, including 50-100 hours multi-engine experience. Insurance companies may have stricter requirements than lenders, particularly for high-performance twins.
Can I include avionics upgrades in my Cessna 310 financing?
Yes, avionics upgrades like Garmin G500/G600/G3X installations can often be rolled into your purchase loan or accomplished through a refinance. Modern glass cockpits typically add value exceeding their cost, making them attractive to both lenders and buyers. Lenders prefer certified installations with proper documentation.
What happens if I want to upgrade to a different aircraft later?
You can sell your Cessna 310 at any time and use equity toward your next aircraft. Well-maintained aircraft typically build equity over time, especially if you maintain it well and make strategic improvements. Some lenders offer streamlined refinancing or trade-up programs.
Start Your Cessna 310 Financing Today
Experience professional aviation financing designed specifically for Cessna 310 aircraft. Our specialists understand this aircraft's unique qualities and can secure the best terms for your purchase.
Get Pre-Qualified NowRelated Articles & Resources
- Complete Beginner's Guide to Buying a Cessna 310 - Specifications, pricing, and ownership costs
- Aircraft Financing Options Guide - Compare loan programs and lenders
- Cessna 182 Financing - Popular single-engine financing
- Aircraft Insurance and Financing - Understanding insurance requirements
- Aircraft Financing for First-Time Buyers - Step-by-step guide