Hangar67A Price drop $10,000N8327H

1981 Piper Arrow IV Turbo

Name: 1981 Piper Arrow IV Turbo
Brand: Piper
SKU: N8327H
Price: 129500 USD
Availability: InStock

Taylor, TX Listed 4 months ago

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Specifications

Year: 1981
Total time (TTAF): 3,151 hrs

How this stacks up

2 in this listing's favor

Around market
Near the family-wide median asking price of 33 Piper Arrow IV Turbo listings
Listed 4 months ago
Listed longer than ~60% of the 33 comparable Piper Arrow IV Turbo listings still for sale — a seller-flexibility signal
Price reduced $10,000
Down 7% from the original $139,500 — a seller motivation signal
3/5 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.

Airframe time

Average over the aircraft's life — 3,151 hrs total time across ~45 years. A rule of thumb, not a guarantee.

≈70 hrs/yrTypical

Typical utilization

This airframe has averaged about 70 hrs/year over ~45 years — in the normal range for a personal aircraft: regularly exercised without being worked hard.

Price history

Price reduced· Sep 20, 2026$129,500−$10,000 (-7%)
Listed · Jun 18, 2026$139,500

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

$1,941/mo$23,295/yr

≈ $233 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$129,500 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $8,295 cheaper annually — fly more to see ownership savings.

Ownership	Buy-in	Monthly	Annual
Full ownership (sole)	$129,500	$1,941/mo	$23,295/yr
1/2 share	$64,750	$1,471/mo	$17,648/yr
1/3 share	$43,167	$1,314/mo	$15,765/yr
1/4 share	$32,375	$1,235/mo	$14,824/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

$129,500

$139,500

Around market · $135k median · 33 comps

ClubHanger Estimate

Around market

Asking price is around the median for Piper Arrow listings.

33 other Piper Arrow listings for sale now range $50,000–$279,900 (median $135,100) — this one is priced above 45% of them.

$50,000$279,900

this listingmedian

See all Piper Arrow for sale

Compares this asking price to all Piper Arrow listings — actual value also depends on year, hours, and avionics. An estimate, not an appraisal or an offer.

Listed 4 months ago — on the market longer than ~60% of the 33 similar Piper Arrow listings for sale now — seller may have flexibility

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.

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Pilots looking to co-own

2 pilots are 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.

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