Cessna IV-P Aircraft
· 2-seat · updated recently
About the Cessna IV-P
The Lancair IV-P is a high-performance, pressurized experimental aircraft that represents the pinnacle of kit-built aviation speed. Designed as a two-seat retractable gear composite aircraft, the IV-P is powered by a Continental engine and is capable of cruise speeds exceeding 300 knots at altitude, rivaling many turboprops while burning a modest 16 gallons per hour.
Built from a kit by owner-builders, each Lancair IV-P reflects the craftsmanship and preferences of its builder, with variations in engine choice, avionics, and interior appointments. The aircraft features a pressurized cabin that allows comfortable high-altitude flight, a sleek composite airframe with retractable gear, and performance numbers that consistently surprise pilots accustomed to factory-built aircraft. Variable hourly costs average around $180, with annual fixed costs near $20,000.
The Lancair IV-P appeals to experienced pilots who are comfortable with high-performance experimental aircraft and value raw speed above all else. It is not a beginner airplane — the type demands respect and skill, with relatively high wing loading and approach speeds. For pilots who understand its characteristics, the IV-P delivers an extraordinary combination of speed, range, and efficiency that no certified piston aircraft can match at any price.
Cessna IV-P Specifications
Model specThe Cessna IV-P is a 2-seat single engine piston.
Cessna IV-P Listings
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Browse all Cessna models →Cessna IV-P Price & Cost
Key price factors: engine time to overhaul, year and airframe hours, avionics, damage history and logbook completeness — see the buying guide below for the full pre-purchase checklist.
Buying a Used Cessna IV-P
Every Cessna IV-P faces a mandatory 2,000-hour overhaul, so the single biggest factor in used price is how much time remains before that overhaul is due — a fresh-overhaul airframe can be worth a large share of the $35,000 overhaul cost more than one approaching its limit.
What to check before buying
- Time to overhaul — hours and years remaining to the 2,000-hour limit; this dominates resale value more than total time.
- Logbook completeness — continuous, gap-free maintenance records; missing logs cut value and complicate financing.
- Damage history — any prior accident, hard landing or blade strike; cross-check the registration against accident databases.
- Avionics — a glass panel vs steam gauges materially changes price.
- Pre-buy inspection — always commission an independent inspection by a type-experienced mechanic before money changes hands.