Some of the 1,800 pilots and potential pilots who have put in their deposits to hold a position for an Icon A5 amphibious LSA may have had their dreams shattered this week as the company announced a dramatic price increase. The price went up by nearly 30 percent over the last quoted base price, from $207,000 in 2016 to $269,000 in 2018 dollars. When the airplane was first announced in 2008, the estimated price was $139,000.
Icon Inflates Purchase Price
Key Takeaways:
- Icon has significantly increased the price of its A5 amphibious LSA, with the 2018 base price rising to $269,000 and fully loaded models for 2018 costing $389,000.
- Existing deposit holders must decide whether to accept the higher price for 2018 models, delay delivery until 2019 for base models, or receive a full refund, with Icon expecting some cancellations.
- To mitigate the impact, Icon is introducing new programs, including financing, leasing, shared ownership options, up to $10,000 in accessory credits, and discounted rentals.
- The 2018 A5 models feature several improvements based on feedback from early production, such as a sturdier nosewheel, more legible instruments, and enhanced engine cooling.
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