Republic RC-3
Ownership Cost Report
Purchase Price
$30,000 - $200,000
Annual Fixed
$6,315 - $14,540
Hourly Variable
$97.42/hr
5-Year Total
$110,285 - $370,120
Purchase Price Range
Based on market data for average-condition aircraft across available year bands.
Annual Fixed Costs
Hourly Variable Costs
Annual cost by usage
Engine Details
5-Year Total Cost Projection
Insurance Estimates by Experience
| Pilot Experience | Annual Premium | Hull Value |
|---|---|---|
| New PPL (<500 hrs) | $2,588 - $3,738 | $30,000 - $200,000 |
| Experienced (500-1500 hrs) | $1,915 - $2,340 | $30,000 - $200,000 |
| ATP (1500+ hrs) | $1,104 - $1,518 | $30,000 - $200,000 |
Market Prices by Year
| Year Band | Low | Median | High |
|---|---|---|---|
| 1970-1979 | $19,320 | $27,600 | $37,260 |
| 1980-1989 | $26,565 | $37,950 | $51,233 |
| 1990-1999 | $38,640 | $55,200 | $74,520 |
| 2000-2009 | $54,338 | $77,625 | $104,794 |
| 2010-2019 | $78,488 | $112,125 | $151,369 |
| 2020-present | $120,750 | $172,500 | $232,875 |
Performance Quick Reference
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Disclaimer: This report is for informational purposes only. All cost estimates are based on publicly available data (FAA Registry, industry benchmarks, market listings) and may not reflect the actual cost of owning a specific aircraft. Insurance premiums, maintenance costs, hangar rates, and fuel prices vary significantly by region, aircraft condition, pilot experience, and usage patterns. Consult qualified professionals (mechanics, insurance brokers, aviation attorneys) before making purchasing decisions. HangarMath is not a licensed financial advisor or aircraft broker. Data current as of March 13, 2026.