ClubHanger
BarnstormersB Price drop $10,000

1947 PA 12

1947 Piper

Arcade, NY Listed 1 month ago

About this aircraft

$165,000 · MOTIVATED SELLER · Piper PA-12-150 Extended Flap, Excellent logs. Modified piper PA-12. Fuselage modified, sandblasted and powder coated. Engine: 150 HP. Lycoming 0320-A2B Less than 400 hours. 400 hrs smoh McCauley 82/41 prop New Carburetor 2023. New Sutton exhaust. Airframe mods: 1935 gr/wt. PA-18 trim system, Afr Ak 3" ext & lwr baggage with upr bag acc. X-brace. STOL enlarged door STC, Seaplane door, Flt fit. Air Ak enl sqd tail. L-21 glass. Extended wings with Sullivan wing tips.18-gallon tanks. PA-18style sight gauges vgs. CGR 30 Sport aircraft. AV30. 760 GPS. Empty weight on 31" bush wheels is 1283 lbs.

Specifications

Year
1947
Engine time (SMOH)
400 hrs

Avionics & panel

GPS navigator installed

GPS navigator listed. Verify WAAS capability and IFR certification with the owner.

GPS navigator
  • AV30
  • 760 GPS

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 1 month ago

    On the market for a month or more — worth asking about negotiating room

  • Price reduced $10,000

    Down 6% from the original $175,000 — a seller motivation signal

  • 2/5 key specs

    Key information is missing — ask the seller about hours, engine time, and registration

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.

Price history

  1. Price reduced· Sep 6, 2026$165,000$10,000 (-6%)
  2. Listed · Aug 2, 2026$175,000

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

$1,971/mo$23,650/yr

$237 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$165,000 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $8,650 cheaper annually — fly more to see ownership savings.

OwnershipBuy-inMonthlyAnnual
Full ownership (sole)$165,000$1,971/mo$23,650/yr
1/2 share$82,500$1,485/mo$17,825/yr
1/3 share$55,000$1,324/mo$15,883/yr
1/4 share$41,250$1,243/mo$14,913/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.

Price

$165,000

$175,000

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

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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.
What do these mean? →

View the original listing

This aircraft is listed on Barnstormers. Contact and full details are on the source site.

View on Barnstormers

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