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PIPER CHEROKEE 140/160

1971 Piper Cherokee

Nashua, NH Listed today
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About this aircraft

$83,500 · FOR SALE · N618FL is a 1971 Piper Cherokee 140 with the RAM 160hp engine. The plane is currently located in Augusta, Maine (KAUG). This well maintained Cherokee has seen very light training use over the years. The IFR panel is a mix of traditional and new with lot's of redundancy

Specifications

Year
1971

How this stacks up

1 in this listing's favor1 to ask about

  • Below market

    $5,500 (6%) below the family-wide median of 29 Piper Cherokee listings (year & hours not controlled)

  • Listed today

    Listed more recently than ~100% of the 29 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

$1,903/mo$22,835/yr

≈ $228 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$83,500 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $7,835 cheaper annually — fly more to see ownership savings.

OwnershipBuy-inMonthlyAnnual
Full ownership (sole)$83,500$1,903/mo$22,835/yr
1/2 share$41,750$1,452/mo$17,418/yr
1/3 share$27,833$1,301/mo$15,612/yr
1/4 share$20,875$1,226/mo$14,709/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

$83,500

~6% below market · $89k median · 29 comps

ClubHanger Estimate

Below market

Asking $5,500 (6%) below the median Piper Cherokee listing.

29 other Piper Cherokee listings for sale now range $20,000–$219,900 (median $89,000) — this one is priced above 41% of them.

$20,000$219,900
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 29 similar Piper Cherokee listings for sale now

Co-ownership available

2 co-ownership shares listed for Piper Cherokee aircraft on ClubHanger.

From $8,000 buy-in — split the fixed costs with a partner instead of owning outright.

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Pilots looking to co-own

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

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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? →

View the original listing

This aircraft is listed on Barnstormers. Contact and full details are on the source site.

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