BarnstormersA New

1977 GRUMMAN CHEETAH

Name: 1977 GRUMMAN CHEETAH
Brand: Grumman
Price: 85000 USD
Availability: InStock

1977 Grumman Cheetah

Auburn, AL Listed today

About this aircraft

$85,000 · AVAILABLE FOR SALE · FRESH ANNUAL-TTAF 5216, SMOH 1749. Lyc O-320-E2G with 160hp STC, McCauley Prop, new starter, new vacuum reg, new relays, new tires, new brakes & lines, Concorde battery last year w/ tender. Garmin GMA 345 w/Bluetooth audio, Stratus Transponder ADSB in/out, Sentry ADSB in, Garmin GTR 225 Radio, EDM 700 engine monitor ,Reif engine preheat. Hangared at 06A. Annual just completed by True Flight Aerospace. All ADs current and complied with, Blackstone oil analysis, Savvy engine analysis. Immaculate & well-maintained with complete logs since new. Excellent time-builder and cross-country machine.

Specifications

Year: 1977
Total time (TTAF): 5,216 hrs
Engine time (SMOH): 1,709 hrs
Engine: Lyc O-320-E2G
Damage history: None reported

Avionics & panel

ADS-B compliant

ADS-B Out equipped. No glass, GPS, or autopilot found in the listing — ask the owner about the full panel.

ADS-B Out

GMA 345
Stratus Transponder ADSB in/out
Sentry ADSB in
GTR 225
EDM 700 engine monitor
Reif engine preheat

Equipment list extracted from the seller's description. Verify with logbooks before purchase.

How this stacks up

1 in this listing's favor1 to ask about

Listed today
Fresh to market — early in the listing cycle
No damage reported
The listing reports no prior damage — the seller's description, not the logbooks, so confirm it at a pre-buy
Approaching TBO
Only 291 hrs to TBO (15% remaining) — an overhaul (~$18,000) is on the horizon; ask about engine condition and factor it into your offer
4/5 key specs
Most key specs are provided; verify any missing details with the seller

This summary draws on signals shown in detail below — price comps, listing age, maintenance and engine status, and key specs. Read each section for full context. Not an appraisal.

Engine Life

Based on 1,709 hrs since overhaul (SMOH) and the published 2,000 hr TBO for the Lycoming O-320.

291 hrsto TBO

15% of TBO remaining

≈ 2.5 years to overhaul at its historical pace

291hrs left ÷ this aircraft's ~106 hrs/yr average. A rough projection — your own flying rate will change the timeline.

Engine reserve budget~$900/yr · ~$9/hr

Estimated overhaul cost ($18,000) spread over 2,000 hr TBO at 100 hrs/yr — a rule of thumb, not a quote.

Airframe time

Average over the aircraft's life — 5,216 hrs total time across ~49 years. A rule of thumb, not a guarantee.

≈106 hrs/yrTypical

Typical utilization

This airframe has averaged about 106 hrs/year over ~49 years — in the normal range for a personal aircraft: regularly exercised without being worked hard.

Damage history

Reported in the listing — confirm against the airframe and engine logbooks.

No damage history reportedNone reported

This listing reports no prior damage. That is a positive sign, but the flag reflects the seller’s description, not the logbooks — confirm it during a pre-buy. Undocumented or unrepaired damage is a classic red flag, so have an independent inspector review the airframe and engine records before you commit.

Pre-purchase inspection guide

Cost to own

Rule-of-thumb estimates — insurance ≈ 1% of price, hangar $7,500/yr, annual inspection $2,500/yr, fuel + oil at your selected hrs/yr. Engine reserve from the panel above is folded into the split. Your actual costs will vary.

As a sole owner

$1,979/mo$23,750/yr

≈ $238 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$85,000 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $8,750 cheaper annually — fly more to see ownership savings.

Ownership	Buy-in	Monthly	Annual
Full ownership (sole)	$85,000	$1,979/mo	$23,750/yr
1/2 share	$42,500	$1,490/mo	$17,875/yr
1/3 share	$28,333	$1,326/mo	$15,917/yr
1/4 share	$21,250	$1,245/mo	$14,938/yr

Buy-in is the asking price split evenly across partners — what you'd each pay to acquire the aircraft (the real figure is negotiated). Fixed costs (insurance, hangar, inspection, engine reserve) split equally by number of partners; fuel/oil is per-pilot since each partner flies their own hours.

Run your own numbers Find a co-owner on ClubHanger

Price

$85,000

Listing trust

2/4

Complete detailsYear, registration, make/model, and a full description.
Maintenance disclosedAirframe (TTAF) and engine (SMOH) times are listed.
Transparent priceA real asking price, not "contact for price".
Posted by a memberListed by a signed-up ClubHanger member, not a scraped aggregator.

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