Though Cirrus Aircraft has only been around since 1984, the company has a solid track record of financial solvency and durable engineering standards even during times of fiscal strain. Produced since 1998, the Cirrus SR20 became an attractive option for pilots early on looking for moderate power and flying comfort. Perfect for the family airplane or a small private transport, the Cirrus SR20 is both economical and versatile.
The SR20 was one of the first single engine aircraft in the general aviation market to come standard with fully digital avionics, Garmin GPS and an Avidyne flight suite to complement the glass cockpit. In 2004, this aircraft also became the first single engine aircraft to meet import standards for the European Aviation Safety Agency. Standard with every Cirrus aircraft is the Cirrus Aircraft Parachute System, a safety feature that allows a stalled airplane parachute downward.
This small aircraft is one of the most popular single engine units on the market. The SR20 doesn’t pack the speed or power of a Mooney, but it has a larger cabin that makes long duration flights feel like first class. Packed with a 200 horsepower engine, a pilot can travel up to 785 miles with a full tank of gas and 900 pound payload.
Purchased new, a Cirrus SR20 costs less than a SR22 but comes with comparable features when you consider points outside the engine. A fully equipped SR20 can be purchased around $450,000 and a used SR20 comes standard around $250,000. Cirrus aircraft maintain their value well and deliver years of performance.
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