Beechcraft King Air 350i Aircraft Financing

Finance Your Beechcraft King Air 350i

The Beechcraft King Air 350i is a flagship turboprop twin that combines performance, capability, and value. Whether you're upgrading your aircraft or making your first purchase, we provide specialized Beechcraft King Air 350i financing solutions with competitive rates and flexible terms tailored to your needs.

Beechcraft King Air 350i Specifications & Performance

Specification	Details
Category	Turboprop Twin-Engine
Price Range	$5,000,000 - $9,500,000
Typical Used Price	$7,500,000
Engine	Twin Pratt & Whitney PT6A-60A (1,050 shp each)
Cruise Speed	312 knots
Range	1,806 nm
Seats	9-11
Useful Load	6,100 lbs
Service Ceiling	35,000 ft

Why Finance a Beechcraft King Air 350i?

• Largest King Air - Maximum cabin space and payload
• 1,050 SHP Per Engine - Powerful PT6A-60A turbines
• Extended Range - 1,806 nm handles long-distance missions
• Pro Line Fusion - Advanced Rockwell Collins avionics
• Executive Amenities - Full galley, lavatory, and entertainment systems

Beechcraft King Air 350i Financing Options

Competitive Interest Rates

• New Beechcraft King Air 350i: Starting at 5.5% APR
• Late-model used (2010+): Rates from 5.75% APR
• Older models: Rates from 6.5% APR
• Terms up to 20 years available for qualified buyers

Flexible Down Payment Options

• As low as 15% 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

Beechcraft King Air 350i Ownership Economics

The Beechcraft King Air 350i represents the flagship of the legendary King Air series, offering exceptional cabin space and range. Understanding the complete economic picture helps buyers make informed decisions about financing this capable turboprop twin.

Twin Pratt & Whitney PT6A-60A engines consume approximately 90-100 gallons per hour at typical cruise settings. With jet-A fuel averaging $5.50 per gallon, expect hourly fuel costs around $500-550. Engine reserves require disciplined planning, as the PT6A hot section inspection occurs at 3,600 hours ($225,000-300,000 per engine) with complete overhaul at 7,200 hours ($450,000-600,000 per engine). Prudent operators budget $100-130 per hour for dual-engine reserves.

Annual fixed costs include hangar rental ($12,000-30,000 depending on location), insurance ($22,000-45,000 based on pilot experience and hull value), annual inspections ($18,000-28,000), crew training requirements ($15,000-25,000), and registration/subscriptions ($3,000-6,000). Total annual fixed costs typically range from $85,000-150,000.

For a financing example: A 2016 King Air 350i priced at $7,500,000 with 20% down ($1,500,000) financed at 6.0% APR over 15 years results in monthly payments of approximately $50,650. Combined with direct operating costs averaging $1,400-1,800 per flight hour, the 350i provides excellent value for operators requiring spacious cabin, long range, and reliable turbine performance. Annual operating budgets for 200-hour utilization typically total $450,000-600,000 including financing.

Beechcraft King Air 350i Maintenance & Service Intervals

The King Air 350i follows Textron Aviation's comprehensive maintenance program refined over decades of King Air operations worldwide. Understanding these intervals helps owners budget appropriately and maintain the aircraft's legendary reliability and resale value.

Basic maintenance includes progressive inspections dividing maintenance tasks into manageable increments. Phase 1-4 inspections occur at 300-hour intervals ($12,000-18,000 each), with Phase 5 representing a more extensive 1,200-hour inspection ($25,000-35,000). This progressive system spreads maintenance costs throughout the year while ensuring thorough aircraft examination.

The PT6A-60A engines require hot section inspection at 3,600-hour intervals. This critical maintenance event costs $225,000-300,000 per engine and involves disassembling the engine's hot section, inspecting turbine components, measuring clearances, and replacing parts exceeding service limits. Complete engine overhaul at 7,200 hours ($450,000-600,000 per engine) represents a major expense requiring proper reserves throughout the engines' operational life.

Propeller overhauls occur every 5,000 hours or specified calendar intervals ($35,000-50,000 per propeller). Landing gear overhaul intervals, environmental system maintenance, and avionics component time-limited replacements require ongoing investment. The 350i's Pro Line Fusion avionics demand regular software updates and database subscriptions ($8,000-12,000 annually). Most professional operators establish hourly maintenance reserve accounts of $275-350 per flight hour covering all scheduled and unscheduled maintenance. Following Textron's recommended maintenance program strictly maintains aircraft value and ensures reliable operations.

Beechcraft King Air 350i Financing Rates & Terms

King Air 350i financing benefits from the aircraft's exceptional reputation, strong resale values, and decades of proven reliability. Lenders view the 350i favorably, often providing competitive rates for this flagship turboprop.

Current market rates for newer 350i aircraft (2015+) with mid-time engines start around 5.75-6.25% APR for well-qualified buyers with strong financial profiles. Mid-2010s models typically see rates of 6.25-6.75% APR, while earlier 350 models (non-i) command 6.75-7.5% APR. Buyers with established business operations and solid balance sheets secure the most favorable terms.

Sample financing scenario 1: $8,500,000 late-model 350i, 20% down ($1,700,000), 6.0% APR, 15-year term = $57,300/month. Sample scenario 2: $6,800,000 mid-2010s model, 25% down ($1,700,000), 6.5% APR, 12-year term = $49,500/month. Sample scenario 3: $5,200,000 earlier 350 model, 25% down ($1,300,000), 7.0% APR, 12-year term = $38,900/month.

Lenders typically offer 12-15 year terms for King Air 350i aircraft, with some extending to 20 years for the newest models with low-time engines. Term length depends on aircraft age, engine times, maintenance status, and buyer qualifications. Balloon payment structures are available for buyers seeking lower monthly payments with larger end-of-term payments. Many corporate operators utilize 12-15 year amortization matching the aircraft's expected operational life before upgrade. Strong financial covenants and corporate guarantees are standard for larger turboprop financing.

Beechcraft King Air 350i Ownership Alternatives

Before committing to King Air 350i ownership, evaluate alternatives that may better align with your operational requirements and financial objectives.

Charter services provide King Air 350 access without ownership responsibilities. Hourly rates typically range from $3,200-4,800 depending on positioning, trip length, and regional market conditions. This option works well for companies flying fewer than 100-150 hours annually, as total charter costs may prove less than ownership when considering fixed expenses, depreciation, and operational overhead.

Fractional ownership programs offer guaranteed access to King Air 350 aircraft with predictable costs. Several operators provide fractional shares starting at 1/8 or 1/16 ownership. Monthly management fees cover insurance, crew, hangar, and maintenance coordination, with occupied hourly rates of $2,200-3,200 depending on share size. This structure eliminates residual value risk and provides professional flight operations without direct management responsibilities.

Dry lease arrangements allow companies to access King Air 350i aircraft on monthly or annual contracts without ownership. Monthly lease payments typically range from $45,000-75,000 plus hourly operating costs. Well-established operators with consistent demand often prefer dry leases providing aircraft access without capital commitment. These arrangements offer flexibility for companies testing turboprop operations before ownership or those with specific project-based requirements.

Beechcraft King Air 350i Red Flags & Lender Concerns

Lenders carefully evaluate King Air 350i transactions to protect their collateral and ensure borrower success. Understanding these concerns helps buyers navigate the financing process effectively.

Engine time and maintenance status drive lender decision-making. Aircraft approaching hot section inspection (within 500 hours) or major overhaul (within 1,000 hours) face closer scrutiny and may require escrow accounts for upcoming engine work. Complete engine logbooks with detailed maintenance history from reputable PT6 service centers are essential. Any deferred maintenance items, outstanding service bulletins, or incomplete records raise significant lender concerns potentially affecting loan terms or approval.

Airframe condition requires thorough evaluation. High-cycle airframes (frequent pressurization cycles from short flights) may show accelerated fatigue. Lenders prefer aircraft with balanced total time and cycle counts. Any history of hard landings, gear-up incidents, or propeller strikes requires detailed repair documentation with proper engineering approvals. Corrosion issues, particularly in coastal operations, demand comprehensive inspection and remediation documentation.

Pilot qualifications significantly impact financing approval and insurance costs. Insurance companies typically require multi-engine ratings with minimums of 1,000-1,500 total hours, 250-500 multi-engine hours, and 25-50 hours in King Air aircraft. First-time King Air buyers should budget for comprehensive training ($25,000-40,000) including insurance-required mentorship. Lenders review pilot qualifications carefully, as inadequate experience results in prohibitive insurance costs making financing economically unfeasible. Demonstrating proper pilot credentials, training plans, and reasonable insurance quotes strengthens financing applications substantially.

Frequently Asked Questions - Beechcraft King Air 350i Financing

What credit score do I need to finance a Beechcraft King Air 350i?

Lenders typically require a minimum credit score of 680-700 for Beechcraft King Air 350i financing. Borrowers with scores above 720 receive the best rates. The Beechcraft King Air 350i's strong market demand helps secure favorable financing terms for qualified borrowers.

How much down payment is required for a Beechcraft King Air 350i?

Down payments typically range from 15% 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 Beechcraft King Air 350i 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.

Can I finance a Beechcraft King Air 350i for business use?

Absolutely. The Beechcraft King Air 350i is commonly used for business travel, and business use provides significant tax advantages including Section 179 depreciation, bonus depreciation, and operating expense deductions. Consult your tax advisor for specific benefits applicable to your situation.

What insurance is required for a financed Beechcraft King Air 350i?

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 Beechcraft King Air 350i 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 Beechcraft King Air 350i 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 Beechcraft King Air 350i 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 Beechcraft King Air 350i 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.

Related Articles & Resources

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