Grumman American GV-SP (G550) Pre-Buy Checklist
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Purchase Price
$5.0M-$30.0M
Prebuy Items
—
ADs
—
Insurance
$165,375
per year (experienced)
Purchase Price by Year
1970-1979
$1.8M-$3.5M
1980-1989
$2.6M-$5.0M
1990-1999
$3.7M-$7.1M
2000-2009
$5.5M-$10.6M
2010-2019
$9.2M-$17.7M
2020-present
$18.4M-$35.4M
Frequently Asked Questions
How much does a Grumman American GV-SP (G550) cost?
Typical purchase price: $5.0M-$30.0M
What should I check before buying a Grumman American GV-SP (G550)?
Have a qualified A&P mechanic perform a thorough pre-buy inspection of the airframe, engine, avionics, and logbooks.
How much is insurance for a Grumman American GV-SP (G550)?
Experienced pilots: $165,375-$202,125/year.
Are there any known issues with the Grumman American GV-SP (G550)?
Check FAA airworthiness directives and type club resources for known issues.
Cost Summary
Purchase$5.0M-$30.0M
Annual Fixed$208,375/yr
Hourly Variable$6279.71/hr
5-Year Total$9.2M-$37.8M
Engine
ModelROLLS DEUT BR700-710C411
Power15385 HP
TBO3,500 hrs
Overhaul$800,000-$1,200,000
Disclaimer
This guide is for informational purposes only. Always hire a qualified A&P mechanic for a professional pre-buy inspection. Data sourced from FAA records and industry benchmarks.