The Complete Guide to Beechcraft King Air 350i Financing

The Beechcraft King Air 350i represents the pinnacle of twin-turboprop aviation, combining exceptional performance, luxury, and operational efficiency. As one of the most capable aircraft in its class, the King Air 350i attracts discerning buyers who demand superior performance and proven reliability for business and personal transportation.

This comprehensive guide covers everything you need to know about financing a Beechcraft King Air 350i, from current market values and ownership costs to lender requirements and the complete aircraft acquisition process.

Overview of the Beechcraft King Air 350i Market

Current Market Values

• New King Air 350i: $7,900,000 - $8,500,000
• Late Model Used (2018-2024): $6,500,000 - $7,800,000
• Mid-Range Used (2010-2017): $4,500,000 - $6,400,000
• Older Models (2000-2009): $2,800,000 - $4,400,000

Key Features and Capabilities

• Engines: Twin PT6A-60A turboprops (1,050 SHP each)
• Maximum Range: 1,806 nautical miles
• Maximum Speed: 359 knots true airspeed
• Cabin Configuration: 9-11 passenger seating
• Maximum Altitude: 35,000 feet
• Avionics: Collins Pro Line 21 integrated flight deck

The King Air 350i's exceptional build quality, proven Pratt & Whitney PT6A engines, and comprehensive service network make it an excellent candidate for aircraft financing, with lenders typically offering favorable terms due to strong resale values and market demand.

Aircraft Financing Considerations

Down Payment Requirements

Most aircraft lenders require substantial down payments for King Air 350i financing:

• New Aircraft: 15-20% down payment
• Used Aircraft (less than 15 years): 20-25% down payment
• Older Aircraft: 25-30% down payment

Interest Rates and Terms

Current King Air 350i financing rates (as of 2025):

• New Aircraft: 6.0% - 7.5% APR
• Used Aircraft: 6.5% - 8.5% APR
• Loan Terms: 15-20 years (20 years most common for new aircraft)

Loan-to-Value Ratios

• Maximum LTV: 80-85% for qualified buyers
• Typical LTV: 75-80% for most transactions
• Factors Affecting LTV: Aircraft age, total time, maintenance status, avionics configuration

Cost of Ownership Analysis

Operating Costs (Per Hour)

• Fuel: $900-1,100 (110-130 GPH at current Jet A prices)
• Maintenance: $1,200-1,500
• Insurance: $150-250
• Crew (if applicable): $800-1,200
• Total Direct Operating Costs: $3,050-4,050 per flight hour

Fixed Annual Costs

• Insurance: $35,000-60,000 (varies by pilot experience and usage)
• Annual Inspection: $45,000-75,000
• Hangar: $15,000-40,000 (location dependent)
• Registration/Taxes: $5,000-25,000
• Recurrent Training: $15,000-25,000 annually

Sample Monthly Budget

For a $6,500,000 King Air 350i with 20% down:

• Loan Payment: $41,500 (20-year term at 7.0%)
• Insurance: $4,200
• Hangar: $2,500
• Maintenance Reserve: $8,000
• Training Reserve: $1,800
• Total Fixed Costs: $58,000/month

How to Qualify for King Air 350i Financing

Credit Requirements

• Minimum Credit Score: 700-720
• Preferred Credit Score: 750+
• Credit History: Established business and personal credit

Income and Net Worth Requirements

• Annual Income: $2,000,000+ for individuals
• Net Worth: $10,000,000+ typically required
• Liquidity: Substantial liquid assets beyond down payment
• Business Revenue: $20,000,000+ for corporate purchases

Aviation Experience Requirements

• Pilot Certificate: Commercial or ATP preferred
• Type Rating: King Air type rating required
• Flight Hours: 1,000+ hours, 100+ in turboprops
• Recurrent Training: Annual training program enrollment

Financial Documentation Checklist

• Personal and business financial statements
• Bank statements (6 months)
• Tax returns (3 years personal and business)
• Professional references
• Aircraft purchase agreement
• Pre-buy inspection report
• Insurance quotes and coverage verification

The King Air 350i Buying Process

Step 1: Pre-Approval and Budget Setting

Given the substantial investment, obtaining financing pre-approval is crucial for establishing credibility with sellers. Get aircraft financing quotes here to compare rates and terms from specialized turboprop lenders.

Step 2: Aircraft Search and Evaluation

• Review maintenance tracking programs (CAMP, Jetstream)
• Verify engine and propeller times
• Assess avionics configuration and upgrade status
• Evaluate interior condition and configuration
• Check service bulletin compliance

Step 3: Pre-Buy Inspection

Critical for any King Air 350i purchase:

• Cost: $25,000-40,000
• Duration: 5-10 days
• Scope: Comprehensive airframe, engine, and avionics inspection
• Specialists: Use King Air-experienced inspection facilities

Step 4: Final Financing and Closing

• Submit final loan application with purchase agreement
• Coordinate comprehensive insurance coverage
• Arrange title work and escrow services
• Schedule delivery flight with qualified pilots
• Establish maintenance tracking and service programs

Tax Considerations and Benefits

Business Use Deductions

King Air 350i owners using the aircraft for business can potentially deduct:

• Accelerated depreciation (MACRS or Section 179)
• Operating expenses including fuel, maintenance, insurance
• Interest on aircraft loans
• Pilot training and recurrent education

Bonus Depreciation Benefits

• 100% bonus depreciation may be available for qualifying business use
• Substantial first-year tax benefits for eligible purchases
• Consult qualified tax professionals for current regulations

Market Trends and Resale Value

Historical Value Retention

King Air 350i aircraft demonstrate strong value characteristics:

• Well-maintained aircraft retain 65-75% of purchase price after 10 years
• Avionics upgrades and maintenance program participation enhance values
• Strong corporate and charter market demand

Market Factors Supporting Values

• Proven reliability and safety record
• Comprehensive global service network
• Ongoing production and parts support
• Versatility for business and personal use
• Strong charter market demand

Future Market Outlook

• Continued demand from growing business aviation market
• Replacement demand for aging turboprop fleets
• International market expansion opportunities
• Technology upgrades maintaining competitiveness

Insurance and Risk Management

Insurance Requirements

• Minimum Coverage: $10,000,000 liability typically required
• Hull Coverage: Agreed value based on current market value
• Pilot Requirements: Minimum experience and training standards
• Annual Premiums: 0.5-1.0% of hull value

Risk Mitigation Strategies

• Comprehensive pilot training programs
• Professional maintenance management
• Safety management systems implementation
• Regular safety audits and assessments

Conclusion

Beechcraft King Air 350i financing represents a significant investment in one of aviation's most capable and reliable turboprop aircraft. The combination of proven performance, operational versatility, and strong market support makes the King Air 350i an attractive long-term investment for qualified buyers.

Success in King Air 350i financing requires thorough preparation, substantial financial resources, and experienced aviation professionals. From initial pre-approval through final delivery, each step demands careful attention to detail and comprehensive due diligence.

The King Air 350i's exceptional capabilities, combined with favorable financing terms for qualified buyers, create opportunities for business growth, operational efficiency, and long-term value retention in the business aviation market.