Piper Pa 28 140 Cherokee Cruiser
Piper Pa 28 140 Cherokee Cruiser
Specifications
- Total time (TTAF)
- 9,438 hrs
How this stacks up
Below market
$23,600 (25%) below the family-wide median of 20 Piper Pa 28 140 Cherokee Cruiser listings (year & hours not controlled)
Listed 1 month ago
Listed longer than ~100% of the 20 comparable Piper Pa 28 140 Cherokee Cruiser listings still for sale — a seller-flexibility 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.
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
≈ $227 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)
$69,900 to buy (the asking price)
At 100 hrs/yr, renting at $150/hr would be $7,699 cheaper annually — fly more to see ownership savings.
| Ownership | Buy-in | Monthly | Annual |
|---|---|---|---|
| Full ownership (sole) | $69,900 | $1,892/mo | $22,699/yr |
| 1/2 share | $34,950 | $1,446/mo | $17,350/yr |
| 1/3 share | $23,300 | $1,297/mo | $15,566/yr |
| 1/4 share | $17,475 | $1,223/mo | $14,675/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
$69,900
~25% below market · $94k median · 20 comps
ClubHanger Estimate
Below marketAsking $23,600 (25%) below the median Piper Cherokee listing.
20 other Piper Cherokee listings for sale now range $55,000–$199,500 (median $93,500) — this one is priced above 30% of them.
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 longer than ~100% of the 20 similar Piper Cherokee 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.
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 AircraftForSale. Contact and full details are on the source site.
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