IFR PIPER ARROW IV TURBO

1993 Piper Arrow

Specifications

Year

1993

Total time (TTAF)

4,112 hrs

Engine time (SMOH)

864 hrs

Engine

TSIO-360-FB

Annual due

May 2026

Avionics & panel

• Aspen 1000 Pro
• Century 360 HSI
• Century 3 Lateral AP
• Garmin GTN 650 GPS/Nav/Com
• Garmin GNC 255 Nav/Com
• Appareo Stratus XPNDR
• ADSB In/Out
• PMA 6000 B Audio Panel
• JPI Engine Monitor

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

How this stacks up

• Above market

  $10,000 (8%) above the family-wide median of 8 Piper Arrow listings

• Listed 4 days ago

  On the market about as long as the typical one of 8 comparable Piper Arrow listings still for sale

• Annual may be overdue

  The listing states the annual was due May 2026 — confirm the aircraft has a current annual before you commit

• Engine has life left

  1,136 hrs to TBO (57% of the 2,000-hr Lycoming IO-360 interval remaining) — an overhaul is well down the road

• WAAS GPS — IFR-capable

  WAAS GPS navigator for LPV precision approaches. No autopilot or glass panel detected in the listing.

• 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 864 hrs since overhaul (SMOH) and the published 2,000 hr TBO for the Lycoming IO-360.

Airframe time

Average over the aircraft's life — 4,112 hrs total time across ~33 years. A rule of thumb, not a guarantee.

High utilization

This airframe has averaged about 125 hrs/year over ~33 years — more than most personal aircraft. Regular flying keeps engines and systems healthy, but it also adds cumulative wear, so review the maintenance history, component overhauls, and how the total time compares with the type's typical service life.

Annual inspection

Required every 12 calendar months. Read off the listing's stated annual-due date — confirm against the logbooks.

Annual inspection may be overdue

The listing states the annual was due May 2026, about 3 months ago — confirm the aircraft has a current annual, and budget ~$2,500 if it still needs one.

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.

At 100 hrs/yr, renting at $150/hr would be $9,650 cheaper annually — fly more to see ownership savings.

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.