Hangar67A Price drop $10,000N478MD

2005 Piper Saratoga II TC

Name: 2005 Piper Saratoga II TC
Brand: Piper
SKU: N478MD
Price: 469900 USD
Availability: InStock

Lexington, KY Listed 4 months ago

See all Piper Saratoga for sale

Specifications

Year: 2005
Total time (TTAF): 2,997 hrs

How this stacks up

2 in this listing's favor1 to ask about

Above market
$113,700 (32%) above the family-wide median of 20 Piper Saratoga II TC listings
Listed 4 months ago
Listed longer than ~75% of the 20 comparable Piper Saratoga II TC listings still for sale — a seller-flexibility signal
Price reduced $10,000
Down 2% from the original $479,900 — a seller motivation signal
3/5 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.

Airframe time

Average over the aircraft's life — 2,997 hrs total time across ~21 years. A rule of thumb, not a guarantee.

≈143 hrs/yrHigh time

High utilization

This airframe has averaged about 143 hrs/year over ~21 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.

Price history

Price reduced· Sep 3, 2026$469,900−$10,000 (-2%)
Listed · Jun 18, 2026$479,900

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. Your actual costs will vary.

As a sole owner

$2,225/mo$26,699/yr

≈ $267 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$469,900 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $11,699 cheaper annually — fly more to see ownership savings.

Ownership	Buy-in	Monthly	Annual
Full ownership (sole)	$469,900	$2,225/mo	$26,699/yr
1/2 share	$234,950	$1,613/mo	$19,350/yr
1/3 share	$156,633	$1,408/mo	$16,900/yr
1/4 share	$117,475	$1,306/mo	$15,675/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) 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

$469,900

$479,900

~32% above market · $356k median · 20 comps

ClubHanger Estimate

Above market

Asking $113,700 (32%) above the median Piper Saratoga listing.

20 other Piper Saratoga listings for sale now range $159,000–$675,000 (median $356,200) — this one is priced above 95% of them.

$159,000$675,000

this listingmedian

See all Piper Saratoga for sale

Compares this asking price to all Piper Saratoga listings — actual value also depends on year, hours, and avionics. An estimate, not an appraisal or an offer.

Listed 4 months ago — on the market longer than ~75% of the 20 similar Piper Saratoga listings for sale now — seller may have flexibility

Co-ownership available

5 co-ownership shares listed for Piper aircraft on ClubHanger.

From $8,000 buy-in — split the fixed costs with a partner instead of owning outright.

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Pilots looking to co-own

2 pilots are looking to co-own a Piper on ClubHanger.

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Listing trust

1/4

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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