Finance Your Diamond DA62

The Diamond DA62 is a diesel twin that combines performance, capability, and value. Whether you're upgrading your aircraft or making your first purchase, we provide specialized Diamond DA62 financing solutions with competitive rates and flexible terms tailored to your needs.

Diamond DA62 Specifications & Performance

SpecificationDetails
CategoryPiston Twin-Engine
Price Range$1,100,000 - $1,500,000
Typical Used Price$1,300,000
EngineTwin Austro AE330 (180 hp each)
Cruise Speed181 knots
Range1,285 nm
Seats7
Useful Load2,205 lbs
Service Ceiling20,000 ft

Ready to Finance Your Diamond DA62?

Get competitive financing quotes from multiple aviation lenders. Compare rates, terms, and find the best deal for your aircraft purchase.

Get Aircraft Financing Quotes

Why Finance a Diamond DA62?

  • Jet-A Operation - Austro diesel engines burn jet fuel
  • Seven-Seat Cabin - Spacious interior with club seating
  • Exceptional Range - 1,285 nm on jet-A
  • Low Operating Costs - Diesel efficiency reduces hourly costs
  • Garmin G1000 NXi - Fully integrated avionics suite

Diamond DA62 Financing Options

Competitive Interest Rates

  • New Diamond DA62: 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 - Diamond DA62 Financing

What credit score do I need to finance a Diamond DA62?

Lenders typically require a minimum credit score of 680-700 for Diamond DA62 financing. Borrowers with scores above 720 receive the best rates. The Diamond DA62's strong market demand helps secure favorable financing terms for qualified borrowers.

How much down payment is required for a Diamond DA62?

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 Diamond DA62 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 Diamond DA62?

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 Diamond DA62 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 Diamond DA62 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 Diamond DA62 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 Diamond DA62 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 Diamond DA62 Financing Today

Experience professional aviation financing designed specifically for Diamond DA62 aircraft. Our specialists understand this aircraft's unique qualities and can secure the best terms for your purchase.

Get Pre-Qualified Now

Related Articles & Resources