Cessna 208 Caravan
Turboprop · 1984-present · 2,200 active US registrations
Purchase Price
$400K-$2.5M
Horsepower
675 hp
Fuel Burn
35 gph
Cruise Speed
175 kts
Cost/Hour
$310.00/hr
US Fleet
2,200
Ownership Cost Summary
Purchase
$400K-$2.5M
Annual Fixed
$30K-$52K
/yr
Hourly Variable
$310.00/hr
/flight hour
5-Year Total
$706K-$3.1M
Cost estimates based on published data and industry averages. Actual costs vary by condition, location, usage, and maintenance history.0
Specifications & Engine
Performance
Engine & Weights
Source: FAA Type Certificate Data Sheet, ENGINE.txt registry. TBO and overhaul costs from industry standard data.
Market Prices by Year
Typical asking prices. Actual prices vary by condition, total time, avionics, and engine time.
Similar Turboprop Aircraft
Compare the 208 Caravan to other turboprop aircraft.
Insurance Estimates
Annual hull + liability premiums by pilot experience.
Hangared aircraft save 15-30% on premiums
Covered tiedown vs. open tiedown also affects rates.
Rates are estimates only and vary by hull value, pilot experience, training, location, and carrier. Contact an aviation insurance broker for accurate quotes.
Safety Record
NTSB data, 1982-2025.
94
Total Reports
88
Accidents
38
Fatal
42.7
Per 1K Fleet
Raw NTSB report counts. Not a safety rating. Factors including fleet size, flight hours, pilot demographics, and mission profile affect rates.
Maintenance Reports
FAA SDR data, 2015-2024.
33
Service Difficulty Reports
Top Systems Reported
SDRs are mandatory reports filed by maintenance facilities when defects are found. Higher counts may reflect larger fleet size and better reporting, not necessarily lower reliability.
Fuel Cost
35.0 gph at ~$6.50/gal 100LL
$228
/hr
$22,750
100 hrs
$45,500
200 hrs
Prices vary by region. View by state.
Fleet & Registration
2,200
Active US Registrations
Source: FAA Aircraft Registry (active, valid registrations).
More from Cessna
Hangar Cost at Your Airport
Popular Avionics Upgrades
Common avionics upgrades for turboprop aircraft. Prices include typical installation.
GPS / Navigator
Garmin GTN 650Xi
PopularGarmin
$10,800 - $16,000
~20hr install
Avidyne IFD440
Avidyne
$9,000 - $13,000
~14hr install
Avidyne IFD550
Avidyne
$14,000 - $19,000
~16hr install
Garmin GTN 750Xi
Garmin
$16,000 - $22,000
~24hr install
Autopilot
S-TEC 3100
PopularGenesys Aerosystems
$15,000 - $20,000
~60hr install
Glass Panel / EFIS
Garmin GI 275
Garmin
$3,500 - $5,500
~10hr install
Garmin G500 TXi
Garmin
$11,000 - $17,000
~30hr install
ADS-B Transponder
Garmin GTX 345
PopularGarmin
$4,500 - $6,500
~12hr install
Transponder
Garmin GTX 345
PopularGarmin
$4,500 - $6,500
~12hr install
Garmin GTX 335
Garmin
$3,200 - $4,800
~10hr install
Garmin GTX 345R
Garmin
$4,000 - $6,000
~14hr install
Audio Panel
Garmin GMA 345
PopularGarmin
$2,800 - $4,000
~8hr install
PS Engineering PAR200B
PS Engineering
$2,500 - $3,500
~8hr install
Com Radio
Garmin GTR 225A
PopularGarmin
$2,500 - $3,500
~8hr install
Garmin GTR 205
Garmin
$2,000 - $3,000
~10hr install
Prices are approximate installed costs and vary by shop, aircraft, and existing wiring. STC approval may be required. Always verify compatibility with your specific airframe.
Find a Maintenance Shop
4,000+ FAA-certified repair stations across all 50 states.
Browse Maintenance ShopsTools for the Cessna 208 Caravan
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Frequently Asked Questions
How much does a Cessna 208 Caravan cost?
A Cessna 208 Caravan typically sells for $400,000 to $2,500,000 depending on year, condition, total time, and avionics.
How much does it cost per hour to fly a Cessna 208 Caravan?
The variable cost is approximately $310.00/hr, including fuel, oil, and engine reserve.
What is the fuel burn of a Cessna 208 Caravan?
Approximately 35.0 gallons per hour at normal cruise.
What are the annual costs of owning a Cessna 208 Caravan?
Annual fixed costs run $30,270 to $51,730/yr before fuel and engine reserves.
How much does an engine overhaul cost on a Cessna 208 Caravan?
$280,000 to $420,000, TBO of 3,500 hours.
How fast does a Cessna 208 Caravan fly?
Cruises at approximately 175 knots with a range of 926 nm.
How many Cessna 208 Caravan aircraft are still flying?
There are 2,200 Cessna 208 Caravan aircraft with active US registrations according to the FAA Aircraft Registry.
Important Disclaimer
All cost estimates, specifications, and data on HangarMath are provided for informational and educational purposes only. This information does not constitute financial, legal, or aviation safety advice. Aircraft ownership involves significant financial risk, and actual costs can vary dramatically from estimates shown here. Always conduct your own due diligence, hire a qualified A&P/IA mechanic for prebuy inspections, consult with an aviation attorney for purchase agreements, and work with a certified financial advisor before making aircraft purchase decisions. HangarMath makes no warranties about the accuracy, completeness, or reliability of any data presented. We are not responsible for any financial losses, property damage, personal injury, or death that may result from decisions made based on information found on this site.