ClubHanger
Hangar67AN4310J

1983 Piper Arrow IV

1983 Piper Arrow IV

Lake In The Hills, IL Listed 2 months ago
See all Piper Arrow for sale

Specifications

Year
1983
Total time (TTAF)
6,022 hrs

How this stacks up

1 to ask about
  • Above market

    $31,000 (24%) above the family-wide median of 31 Piper Arrow IV listings

  • Listed 2 months ago

    Listed more recently than ~60% of the 31 comparable Piper Arrow IV listings still for sale

  • 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 — 6,022 hrs total time across ~43 years. A rule of thumb, not a guarantee.

140 hrs/yrHigh time

High utilization

This airframe has averaged about 140 hrs/year over ~43 years — more than most personal aircraft. Regular flying keeps engines and systems healthy, but it also adds cumulative wear, so review the maintenance history, component overhauls, and how the total time compares with the type's typical service life.

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

$1,965/mo$23,580/yr

$236 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$158,000 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $8,580 cheaper annually — fly more to see ownership savings.

OwnershipBuy-inMonthlyAnnual
Full ownership (sole)$158,000$1,965/mo$23,580/yr
1/2 share$79,000$1,483/mo$17,790/yr
1/3 share$52,667$1,322/mo$15,860/yr
1/4 share$39,500$1,241/mo$14,895/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

$158,000

~24% above market · $127k median · 31 comps

ClubHanger Estimate

Above market

Asking $31,000 (24%) above the median Piper Arrow listing.

31 other Piper Arrow listings for sale now range $79,000$289,900 (median $127,000) — this one is priced above 87% of them.

$79,000$289,900
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 2 months ago — listed more recently than ~60% of the 31 similar Piper Arrow listings for sale now

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 partnerships

Pilots looking to co-own

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

See who's looking

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 Hangar67. Contact and full details are on the source site.

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