Grumman American GVII-G500 Pre-Buy Checklist
Jet · 108 active
Purchase Price
$3.0M-$15.0M
Prebuy Items
—
ADs
—
Insurance
$85,050
per year (experienced)
Purchase Price by Year
1970-1979
$945K-$1.8M
1980-1989
$1.3M-$2.6M
1990-1999
$1.9M-$3.6M
2000-2009
$2.8M-$5.5M
2010-2019
$4.7M-$9.1M
2020-present
$9.4M-$18.2M
Frequently Asked Questions
How much does a Grumman American GVII-G500 cost?
Typical purchase price: $3.0M-$15.0M
What should I check before buying a Grumman American GVII-G500?
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 GVII-G500?
Experienced pilots: $85,050-$103,950/year.
Are there any known issues with the Grumman American GVII-G500?
Check FAA airworthiness directives and type club resources for known issues.
Cost Summary
Purchase$3.0M-$15.0M
Annual Fixed$128,050/yr
Hourly Variable$5073.71/hr
5-Year Total$6.2M-$21.1M
Engine
ModelP&W CANADA PW814GA
Power6296 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.