PROJECT LANCE
1974 Piper Lance
About this aircraft
$75,000 · ACCEPTING OFFERS · 1974 Lance PA32-301. Missing logs, I have airframe from 96-2024 when I purchased the plane. I can't remember if the engine logs were in the plane but I doubt it. Has Chelton MFD/PFD, I-com radio, and non functional auto pilot S-Tec 30(according to last pilot) I put the last log entry in as a photo. Pics are from when I bought it. Plane is crated and ready for shipment. Bought it to redo and don't have the time anymore for projects.
Specifications
- Year
- 1974
How this stacks up
Listed 11 days ago
Relatively recently listed
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
≈ $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.
Price
$75,000
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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