ClubHanger
Alerts
BarnstormersA Price drop $4,955

1979 PIPER TURBO LANCE II

1979 Piper Lance

Minneapolis, MN Listed 3 months ago

About this aircraft

$139,995 · NO REASONABLE OFFER REFUSED · Annual scheduled for Nov 1 - make the annual your prebuy! 4662 TT 1218 SMOH 325 since turbo o/h 171 since prop overhaul. Avidyne IFD540 Aspen E5 PMA8000G audio panel w/ 6pl intercom Avidyne AXP322 xponder (ADS-B Out) Altimatic III Autopilot w/ alt hold & GPSS JPI EDM 700 engine monitor w/ fuel flow. All logs from new. 1240lbs useful load. 94 gal fuel. 2005 paint & interior. 6 seats, IFR avionics, 160kt+ speed. Located KMIC Minneapolis Crystal Airport a short drive from MSP International

Specifications

Year
1979

How this stacks up

2 in this listing's favor1 to ask about

  • Listed 3 months ago

    Long listing cycle — seller may have flexibility on price

  • Price reduced $4,955

    Down 3% from the original $144,950 — 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

  1. Price reduced· Oct 22, 2026$139,995−$4,955 (-3%)
  2. Listed · Jul 15, 2026$144,950

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

$1,950/mo$23,400/yr

≈ $234 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$139,995 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $8,400 cheaper annually — fly more to see ownership savings.

OwnershipBuy-inMonthlyAnnual
Full ownership (sole)$139,995$1,950/mo$23,400/yr
1/2 share$69,998$1,475/mo$17,700/yr
1/3 share$46,665$1,317/mo$15,800/yr
1/4 share$34,999$1,238/mo$14,850/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

$139,995

$144,950

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

2 pilots are 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 Barnstormers. Contact and full details are on the source site.

View on Barnstormers

Get alerts for new Piper Lance listings

We'll email you when a new Piper Lance aircraft is listed. One email field, no account needed.

6 aircraft match right now — we'll email you when the next one lists.

Alert me if the price drops

We'll email you the moment the price on this listing drops. One email field, no account needed.

More ways we can help

We're exploring these too — let us know what you'd use.

Similar aircraft for sale