BarnstormersA

1977 PIPER PA 28-161 WARRIOR

Name: 1977 PIPER PA 28-161 WARRIOR
Brand: Piper
Price: 62500 USD
Availability: InStock

1977 Piper Warrior

Ronan, MT Listed 2 months ago

About this aircraft

$62,500 · FOR SALE "AS IS" · TT 10,811 O-320-D3G TSMOH 1,588 Garmin GNS 430 Garmin GTX 327 GS Nav Indicator S-Tec AP W/ alt hold

Specifications

Year: 1977
Total time (TTAF): 10,811 hrs
Engine time (SMOH): 1,588 hrs
Engine: O-320-D3G

Avionics & panel

IFR-equipped: GPS + autopilot

GPS navigator and autopilot; WAAS capability not specified — verify with owner for LPV approaches.

AutopilotGPS navigator

Garmin GNS 430
Garmin GTX 327
GS Nav Indicator
S-Tec AP with alt hold

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

How this stacks up

Listed 2 months ago
On the market for a month or more — worth asking about negotiating room
Mid-time engine
412 hrs to TBO (21% remaining) — a healthy mid-life engine; factor the ~$900/yr overhaul reserve into your budget
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 1,588 hrs since overhaul (SMOH) and the published 2,000 hr TBO for the Lycoming O-320.

412 hrsto TBO

21% of TBO remaining

≈ 2 years to overhaul at its historical pace

412hrs left ÷ this aircraft's ~221 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 — 10,811 hrs total time across ~49 years. A rule of thumb, not a guarantee.

≈221 hrs/yrHigh time

High utilization

This airframe has averaged about 221 hrs/year over ~49 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.

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

$1,960/mo$23,525/yr

≈ $235 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$62,500 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $8,525 cheaper annually — fly more to see ownership savings.

Ownership	Buy-in	Monthly	Annual
Full ownership (sole)	$62,500	$1,960/mo	$23,525/yr
1/2 share	$31,250	$1,480/mo	$17,763/yr
1/3 share	$20,833	$1,320/mo	$15,842/yr
1/4 share	$15,625	$1,240/mo	$14,881/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

$62,500

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.

Browse Piper partnerships

Pilots looking to co-own

1 pilot is looking to co-own a Piper on ClubHanger.

See who's looking

Andrew Z.
Seeking a partnership share
Piper — Super Cub
Hays, KS
Up to $49,000

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.

What do these mean? →