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1992 PITTS S-1S

Name: 1992 PITTS S-1S
Brand: Biplane
Price: 59000 USD
Availability: InStock

1992 Biplane

Naperville, IL Listed today

About this aircraft

$59,000 · FOR SALE · 180HP O-360. Long fuselage variant. Fully recovered with new wings in 2000. 2nd Owner. Aircraft TT 520, Engine TSMO 930. Planning on keeping this for a while but family friend deal popped up we need space for. This year replaced mags, ignition harness, sparkplugs, gaskets, all new hoses, alternator/electrical work, new m760 radio, and new TRIG transponder for ADSB out. Symmetrical ailerons, bigger rudder, lowered seat pan, wheel + wing fairings, custom cowl, removable radio stack, smoke option, and extra 2 blade catto prop. 59k OBO reach out w/ any questions or for more pics located in chicago

Specifications

Year: 1992

How this stacks up

1 to ask about

Listed today
Fresh to market — early in the listing cycle
1/5 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.

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

$1,883/mo$22,590/yr

≈ $226 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$59,000 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $7,590 cheaper annually — fly more to see ownership savings.

Ownership	Buy-in	Monthly	Annual
Full ownership (sole)	$59,000	$1,883/mo	$22,590/yr
1/2 share	$29,500	$1,441/mo	$17,295/yr
1/3 share	$19,667	$1,294/mo	$15,530/yr
1/4 share	$14,750	$1,221/mo	$14,648/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

$59,000

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? →