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1971 PIPER CHEROKEE

Name: 1971 PIPER CHEROKEE
Brand: Piper
Price: 69500 USD
Availability: InStock

1971 Piper Cherokee

Ruidoso, NM Listed today

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About this aircraft

$69,500 · AVAILABLE FOR SALE · 6000 AFT. 420hr SMOH, 0320 to 160HP.King and Narco Radios.ADSB,audio w/intercom. Annual Feb 2026

Specifications

Year: 1971

How this stacks up

1 in this listing's favor1 to ask about

Below market
$23,000 (25%) below the family-wide median of 60 Piper Cherokee listings (year & hours not controlled)
Listed today
Listed more recently than ~100% of the 60 comparable Piper Cherokee 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

$1,891/mo$22,695/yr

≈ $227 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$69,500 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $7,695 cheaper annually — fly more to see ownership savings.

Ownership	Buy-in	Monthly	Annual
Full ownership (sole)	$69,500	$1,891/mo	$22,695/yr
1/2 share	$34,750	$1,446/mo	$17,348/yr
1/3 share	$23,167	$1,297/mo	$15,565/yr
1/4 share	$17,375	$1,223/mo	$14,674/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

$69,500

~25% below market · $93k median · 60 comps

ClubHanger Estimate

Below market

Asking $23,000 (25%) below the median Piper Cherokee listing.

60 other Piper Cherokee listings for sale now range $3,950–$244,900 (median $92,500) — this one is priced above 22% of them.

$3,950$244,900

this listingmedian

See all Piper Cherokee for sale

Compares this asking price to all Piper Cherokee 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 60 similar Piper Cherokee listings for sale now