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How much does a Boeing 737 cost?

Short answer

A new Boeing 737 MAX 8 was listed at $121.6 million in Boeing's last published price list (2019), but airlines in practice pay around half that thanks to standard discounts, about $50-60 million. A used ten-year-old 737-800 costs between $20 and $30 million (as of December 2025).

How much does a Boeing 737 cost?
Boeing 737 MAX grounded aircraft near Boeing Field, April 2019SounderBruce (CC BY SA), vía commons

List price and real price

Boeing stopped publishing catalog prices in 2019. Its last list put the 737 MAX 7 at $99.7 million, the MAX 8 at $121.6 million, the MAX 9 at $128.9 million and the MAX 10 at $134.9 million, with the previous-generation 737-800 at $106.1 million. Those figures are a starting point for negotiation: airlines and leasing companies get discounts ranging from 40% to 60% depending on order volume, timing in the cycle, and the manufacturer's interest in closing the deal. Industry analysts estimate that a MAX 8 actually sells for between $50 and $60 million, and large orders from low-cost carriers, such as Ryanair's or Southwest's, likely close below that.

What's included and what isn't

The aircraft's price covers the airframe and the CFM LEAP-1B engines, but each operator chooses the seat count, cabin configuration, entertainment system and optional avionics equipment, which are contracted separately. Over a 20- or 25-year service life, the acquisition cost is just one part: fuel, crews, maintenance, fees and insurance add up to several times the initial price. That's why most airlines don't buy their aircraft outright but finance or lease them from lessors like AerCap or Air Lease, paying monthly installments of between $250,000 and $400,000 for a new 737.

The used market

A ten-year-old 737-800 can change hands for $20 to $30 million, and a twenty-year-old one, often destined to become a freighter, for less than $10 million. Value depends more on the condition of the engines, whose overhaul costs several million each, than on the airframe (as of December 2025).

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How much does a Boeing 737 cost? | Above Ten Thousand