The True Operating Cost of Beechcraft Bonanza
The Beechcraft Bonanza is the benchmark for single-engine performance and reliability. Plan for $35,000–$42,000 annually in operating costs at 100 flight hours, or $350–$420 per hour. Higher fuel burn, more complex systems, and premium insurance make Bonanzas costlier than Cessnas, but their speed (140+ mph), resale value, and reputation justify the premium for business and cross-country owners.
Quick Specs: Beechcraft Bonanza (G36 / Legacy IO-550)
| Specification | G36 / IO-550 Models |
|---|---|
| Engine | Continental IO-550 (300 hp) / Lycoming O-360 (180 hp, legacy) |
| Fuel Burn (cruise) | 8.0–9.0 gal/hr (G36) / 7.5–8.0 gal/hr (legacy) |
| Cruise Speed | 145–160 mph (G36) / 120–135 mph (legacy) |
| Useful Load | 1,100–1,300 lbs |
| Seats | 6 |
| Range | 1,200–1,600 nm (with reserve) |
TL;DR: Beechcraft Bonanza Annual Operating Cost Summary
- Fixed costs: $15,000–$20,000/year (insurance $2,500–$3,500, hangar $4,500–$6,000, annuals $1,500–$2,000, avionics $600–$1,200)
- Variable costs at 100 hours: $20,000–$22,000/year (fuel, oil, mx reserves)
- Total at 100 hours: $35,000–$42,000/year (~$350–$420/hour)
- At 50 hours: ~$27,000–$31,000/year (~$540–$620/hour)
- At 200 hours: ~$55,000–$64,000/year (~$275–$320/hour)
- Finance a $250,000 Bonanza: Add $3,750/month ($45,000/year) at 6.5% over 7 years
What Counts as Operating Cost
Bonanza operating costs are higher than single-engine trainers due to performance engines, sophisticated avionics, and premium maintenance.
Fixed Costs
- Insurance: $2,000–$3,500/year for $200,000–$280,000 hull value with 500+ pilot hours. Low-time pilots pay $3,000–$5,000/year.
- Hangar/tie-down: $4,500–$6,000/year hangar (Bonanzas benefit from hangar protection); $1,200–$2,400/year tie-down
- Avionics subscriptions: $600–$1,200/year (G1000 NXi, weather radar subscriptions)
- Annual inspection: $1,500–$2,500 labor (retractable gear, pressurization systems, complex avionics add cost)
Variable Costs (per flight hour)
- Fuel (G36): 8.5 gal/hr × $6.50/gal = ~$55/hour
- Oil and filter: $4–$6/hour (Continental IO-550 consumes more oil)
- Engine reserve: $14–$18/hour ($30,000 overhaul ÷ 2,000 TBO)
- Propeller reserve: $6–$8/hour (CS prop, ~$10,000 overhaul)
- Maintenance & incidentals: $20–$30/hour (vacuum system, pressurization, alternator, landing gear)
- Landing fees: $5–$15/landing
Financing: A $250,000 Bonanza at 6.5% APR over 7 years costs ~$3,750/month ($45,000/year). Down payment 15–20% standard.
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Fuel Burn and Hourly Cost
Bonanzas are fuel-hungry compared to trainers but offer 40% faster cruise speed, justifying higher hourly burn for business travel.
Fuel Cost Calculation
Example (G36 at cruise):
- Fuel burn: 8.5 gal/hr
- Fuel price: $6.50/gal
- Hourly cost: 8.5 × $6.50 = $55.25/hour
Annual Fuel Cost by Hours
| Annual Hours | Gallons (G36) | Cost @ $6.50/gal |
|---|---|---|
| 50 | 425 | $2,763 |
| 100 | 850 | $5,525 |
| 150 | 1,275 | $8,288 |
| 200 | 1,700 | $11,050 |
Maintenance & Engine Reserves
Engine TBO and Overhaul
- Continental IO-550: 2,000 hours TBO; overhaul $28,000–$35,000
- Constant-speed propeller: ~$10,000 overhaul at 1,500+ hours
- Reserve math: $30,000 ÷ 2,000 = $15/hour engine reserve
Common ADs and Maintenance
- Pressurization system: If equipped (P/M models), $2,000–$4,000 overhauls every 5 years
- Landing gear: $3,000–$5,000 inspection/overhaul every 500 hours if retractable
- Vacuum pump: $400–$600 replacement at 500–800 hours
- Annual inspection: $1,500–$2,500 (more complex than Cessna/Piper)
Insurance & Storage
Insurance Premiums
- $250,000 hull, 500+ hours, private use: $2,000–$2,800/year
- $250,000 hull, 100–250 hours: $3,000–$4,200/year
- Business/charter: +40–60% premium
Storage Costs
| Option | Monthly | Annual |
|---|---|---|
| Hangar (recommended) | $375–$500 | $4,500–$6,000 |
| Tie-Down | $100–$200 | $1,200–$2,400 |
Annual Ownership Scenarios
Operating Cost (Not Financed)
| Hours/Year | Fixed | Variable | Total | $/Hour |
|---|---|---|---|---|
| 50 | $17,500 | $9,000 | $26,500 | $530 |
| 100 | $17,500 | $18,000 | $35,500 | $355 |
| 200 | $17,500 | $36,000 | $53,500 | $267.50 |
Total Cost of Ownership (With Financing)
Assume $250,000 Bonanza, 6.5% APR, 7 years = $45,000/year debt service.
| Hours/Year | Operating | Finance | Total | $/Hour |
|---|---|---|---|---|
| 100 | $35,500 | $45,000 | $80,500 | $805 |
| 200 | $53,500 | $45,000 | $98,500 | $492.50 |
Financing the Bonanza
Bonanzas hold value exceptionally well, making them attractive for financing despite higher purchase price.
- Purchase price: $200,000–$350,000 (depends on year, avionics, engine time)
- Down payment: 15–20%
- Loan amount: $200,000–$280,000
- Term: 7–10 years
- APR: 5.75–7.0% (2025)
- Monthly payment: $2,800–$4,000
Lender Requirements
Aircraft lenders like JakenAviation typically require:
- 600+ credit score
- Commercial pilot preferred (private minimum)
- $150,000+ annual income
- Hull insurance ($200,000+ coverage)
- Appraisal and pre-purchase inspection
Alternatives to Consider
- Cirrus SR22: Similar price and performance; lower fuel burn (6.5 gal/hr). Parachute system adds $15K but insurance may be cheaper.
- Piper M350: Pressurized twin-engine; higher fuel burn (18 gal/hr combined) but twin-engine safety and ice capability.
- Cessna 210: Retractable single, lower cost to acquire (~$180K used), similar fuel burn to older Bonanzas.
FAQs
Is a Bonanza a good investment?
Yes. Bonanzas appreciate or hold value better than most singles. Excellent resale market. True 7-year cost of ownership competitive with Cessnas when accounting for speed premium and business use.
What is the best year Bonanza to buy?
2010–2015 models offer best value: technology (G1000 NXi) at ~$220K–$260K. Pre-2000 models cheaper but vacuum systems less reliable. Newer G36 models ($500K+) justify cost only for heavy IFR use.
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Sources: Beechcraft Performance Specifications | AOPA Owner Reports | FAA TCDS Database