BarnstormersA Price drop $8,500

PIPER CHEROKEE 140/160

Name: PIPER CHEROKEE 140/160
Brand: Piper
Price: 75000 USD
Availability: InStock

1971 Piper Cherokee

Nashua, NH Listed 1 month ago

See all Piper Cherokee for sale

About this aircraft

$75,000 · 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. ADS-B In & Out. Traffic and weather with Foreflight, Garmin Pilot, etc. The AV20 adds backup attitude, temp, AOA, timers, and more. March annual, July 2026 IFR biennial certification.

Specifications

Year: 1971

How this stacks up

2 in this listing's favor1 to ask about

Below market
$12,500 (14%) below the family-wide median of 61 Piper Cherokee listings (year & hours not controlled)
Listed 1 month ago
On the market about as long as the typical one of 61 comparable Piper Cherokee listings still for sale
Price reduced $8,500
Down 10% from the original $83,500 — a seller motivation signal
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.

Price history

Price reduced· Sep 9, 2026$75,000−$8,500 (-10%)
Listed · Jul 24, 2026$83,500

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

$1,896/mo$22,750/yr

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

$75,000 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $7,750 cheaper annually — fly more to see ownership savings.

Ownership	Buy-in	Monthly	Annual
Full ownership (sole)	$75,000	$1,896/mo	$22,750/yr
1/2 share	$37,500	$1,448/mo	$17,375/yr
1/3 share	$25,000	$1,299/mo	$15,583/yr
1/4 share	$18,750	$1,224/mo	$14,688/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

$75,000

$83,500

~14% below market · $88k median · 61 comps

ClubHanger Estimate

Below market

Asking $12,500 (14%) below the median Piper Cherokee listing.

61 other Piper Cherokee listings for sale now range $10,000–$305,000 (median $87,500) — this one is priced above 33% of them.

$10,000$305,000

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 1 month ago — on the market about as long as the typical Piper Cherokee listing

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.

Browse Piper Cherokee partnerships

Pilots looking to co-own

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

See who's looking

Andrew Z.
Seeking a partnership share
Piper — Super Cub
Hays, KS
Up to $49,000

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? →