1940 PIPER J3 CUB
1940 Piper Cub
About this aircraft
$63,000 · FOR SALE BY OWNER · 1940 stock J3 Cub, 65 HP, 355 SMOH (Lycon) complete restoration by Eickmeier Aviation in Ohio in 1994, sealed struts, shielded ignition, cub faced instruments, matching skis, standard cub tires, new sensenich 7242 wooden prop (2022), new ELT battery(2026), Impulse coupler, primer, extensive documentation and logbooks dated back to 1940. A great example of a stock J3, no electrical , starts easy, and fun to fly cub. Always hangered and very well cared for.Last annual in July 2026. Next annual due July 2027. No trades or brokers.
Specifications
- Year
- 1940
How this stacks up
Below market
$92,000 (59%) below the family-wide median of 27 Piper Cub listings (year & hours not controlled)
Listed today
Listed more recently than ~100% of the 27 comparable Piper Cub listings still for sale
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
≈ $226 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)
$63,000 to buy (the asking price)
At 100 hrs/yr, renting at $150/hr would be $7,630 cheaper annually — fly more to see ownership savings.
| Ownership | Buy-in | Monthly | Annual |
|---|---|---|---|
| Full ownership (sole) | $63,000 | $1,886/mo | $22,630/yr |
| 1/2 share | $31,500 | $1,443/mo | $17,315/yr |
| 1/3 share | $21,000 | $1,295/mo | $15,543/yr |
| 1/4 share | $15,750 | $1,222/mo | $14,658/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
$63,000
~59% below market · $155k median · 27 comps
ClubHanger Estimate
Below marketAsking $92,000 (59%) below the median Piper Cub listing.
27 other Piper Cub listings for sale now range $19,500–$435,000 (median $155,000) — this one is priced above 26% of them.
Compares this asking price to all Piper Cub listings — actual value also depends on year, hours, and avionics. An estimate, not an appraisal or an offer.
Listed today — listed more recently than ~100% of the 27 similar Piper Cub listings for sale now
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 partnershipsListing 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.
View the original listing
This aircraft is listed on Barnstormers. Contact and full details are on the source site.
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