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1979 PIPER TURBO LANCE II

1979 Piper Lance

Minneapolis, MN Listed today

About this aircraft

$144,950 · OR BEST OFFER! · 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

1 to ask about

  • Listed today

    Fresh to market — early in the listing cycle

  • 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

$1,954/mo$23,450/yr

≈ $235 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$144,950 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $8,450 cheaper annually — fly more to see ownership savings.

OwnershipBuy-inMonthlyAnnual
Full ownership (sole)$144,950$1,954/mo$23,450/yr
1/2 share$72,475$1,477/mo$17,725/yr
1/3 share$48,317$1,318/mo$15,817/yr
1/4 share$36,238$1,239/mo$14,863/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

$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.

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Pilots looking to co-own

1 pilot is 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.
What do these mean? →

View the original listing

This aircraft is listed on Barnstormers. Contact and full details are on the source site.

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