BarnstormersA Price drop $10,000

CESSNA 340A 1977 FOR SALE

Name: CESSNA 340A 1977 FOR SALE
Brand: Cessna
Price: 200000 USD
Availability: InStock

1977 Cessna 340

Monee, IL Listed 2 months ago

About this aircraft

$200,000 · NEW PRICE! · S/N 340A0430 TTAF 4475, LE 900 SMOH, RE 790 SMOH 12 Since IRAN, RT Prop 12 SNEW, LT Prop 290. Almost $200,000 spent on the last 3 annuals. Aft Strakes, VGs with increased gross weight, basic panel, current IFR, zero deice. TSIO520-N, no RAM conversion. Aircraft located 74P. Would consider trade for Mooney K, TLS, Bravo or Lancair IV-P.

Specifications

Year: 1977
Total time (TTAF): 4,475 hrs
Engine time (SMOH): 900 hrs
Engine: TSIO-520-N

How this stacks up

1 in this listing's favor

Listed 2 months ago
On the market for a month or more — worth asking about negotiating room
Price reduced $10,000
Down 5% from the original $210,000 — a seller motivation signal
Mid-time engine
500 hrs to TBO (36% remaining) — a healthy mid-life engine; factor the ~$2,857/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 900 hrs since overhaul (SMOH) and the published 1,400 hr TBO for the Continental TSIO-520.

500 hrsto TBO

36% of TBO remaining

≈ 5.5 years to overhaul at its historical pace

500hrs left ÷ this aircraft's ~91 hrs/yr average. A rough projection — your own flying rate will change the timeline.

Engine reserve budget~$2,857/yr · ~$29/hr

Estimated overhaul cost ($40,000) spread over 1,400 hr TBO at 100 hrs/yr — a rule of thumb, not a quote.

Airframe time

Average over the aircraft's life — 4,475 hrs total time across ~49 years. A rule of thumb, not a guarantee.

≈91 hrs/yrTypical

Typical utilization

This airframe has averaged about 91 hrs/year over ~49 years — in the normal range for a personal aircraft: regularly exercised without being worked hard.

Price history

Price reduced· Sep 3, 2026$200,000−$10,000 (-5%)
Listed · Jun 25, 2026$210,000

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. Engine reserve from the panel above is folded into the split. Your actual costs will vary.

As a sole owner

$2,238/mo$26,857/yr

≈ $269 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$200,000 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $11,857 cheaper annually — fly more to see ownership savings.

Ownership	Buy-in	Monthly	Annual
Full ownership (sole)	$200,000	$2,238/mo	$26,857/yr
1/2 share	$100,000	$1,619/mo	$19,429/yr
1/3 share	$66,667	$1,413/mo	$16,952/yr
1/4 share	$50,000	$1,310/mo	$15,714/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

$200,000

$210,000

Co-ownership available

6 co-ownership shares listed for Cessna aircraft on ClubHanger.

From $14,000 buy-in — split the fixed costs with a partner instead of owning outright.

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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.

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