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1968 CHEROKEE 235

Name: 1968 CHEROKEE 235
Brand: Piper
Price: 110000 USD
Availability: InStock

1968 Piper Cherokee

Pahrump, NV Listed today

See all Piper Cherokee for sale

About this aircraft

$110,000 · PRICE REDUCED · Truck with wings. 1310 lb. useful load. 84 gallons fuel,TTAF 4740, SMOH 1028, TSPNew 469, O-540-B4B5 with 3 blade C/S prop, Dual AV30Cs eliminates vacuum system, PSA8000G w/Blutooth, GNS430W prewired for AeroCruz AP, GNC XL250 GPS/Comm, JPI830 w/fuel flow and carb temp, All fuses replaced with Klixon Breakers, Left mag replaced with Surefly Electronic Ignition, Reusable Challenger oil filter, Tail Beacon ADS-B Out, Stratux ADS-B In, All external lighting is LED, Front seat 3 point harnesses, Bogart cable and battery box upgrades, Annual 11/25. Bruce's airplane cover. Located KBTY Beatty, NV.

Specifications

Year: 1968
Total time (TTAF): 4,740 hrs
Engine time (SMOH): 1,028 hrs
Engine: O-540-B4B5
Annual due: Nov 2025

Avionics & panel

WAAS GPS — IFR-capable

WAAS GPS navigator for LPV precision approaches. No autopilot or glass panel detected in the listing.

ADS-B OutWAAS GPS

Dual AV30Cs
PSA8000G
GNS430W
GNC XL250
JPI830
ADS-B Out
Stratux ADS-B In

Equipment list extracted from the seller's description. Verify with logbooks before purchase.

How this stacks up

3 in this listing's favor1 to ask about

Good deal
$14,450 (12%) below the median of 6 similar-year, similar-hours Piper Cherokee listings
Listed today
Listed more recently than ~100% of the 20 comparable Piper Cherokee listings still for sale
Annual may be overdue
The listing states the annual was due Nov 2025 — confirm the aircraft has a current annual before you commit
Engine has life left
972 hrs to TBO (49% of the 2,000-hr Lycoming O-540 interval remaining) — an overhaul is well down the road
WAAS GPS — IFR-capable
WAAS GPS navigator for LPV precision approaches. No autopilot or glass panel detected in the listing.
4/5 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.

Engine Life

Based on 1,028 hrs since overhaul (SMOH) and the published 2,000 hr TBO for the Lycoming O-540.

972 hrsto TBO

49% of TBO remaining

≈ 12 years to overhaul at its historical pace

972hrs left ÷ this aircraft's ~82 hrs/yr average. A rough projection — your own flying rate will change the timeline.

Engine reserve budget~$1,300/yr · ~$13/hr

Estimated overhaul cost ($26,000) spread over 2,000 hr TBO at 100 hrs/yr — a rule of thumb, not a quote.

Airframe time

Average over the aircraft's life — 4,740 hrs total time across ~58 years. A rule of thumb, not a guarantee.

≈82 hrs/yrTypical

Typical utilization

This airframe has averaged about 82 hrs/year over ~58 years — in the normal range for a personal aircraft: regularly exercised without being worked hard.

Annual inspection

Required every 12 calendar months. Read off the listing's stated annual-due date — confirm against the logbooks.

Nov 2025Verify

Annual inspection may be overdue

The listing states the annual was due Nov 2025, about 9 months ago — confirm the aircraft has a current annual, and budget ~$2,500 if it still needs one.

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. Engine reserve from the panel above is folded into the split. Your actual costs will vary.

As a sole owner

$2,033/mo$24,400/yr

≈ $244 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$110,000 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $9,400 cheaper annually — fly more to see ownership savings.

Ownership	Buy-in	Monthly	Annual
Full ownership (sole)	$110,000	$2,033/mo	$24,400/yr
1/2 share	$55,000	$1,517/mo	$18,200/yr
1/3 share	$36,667	$1,344/mo	$16,133/yr
1/4 share	$27,500	$1,258/mo	$15,100/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, engine reserve) 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

$110,000

~32% above market · $83k median · 20 comps

ClubHanger Estimate

Above market

Asking $26,750 (32%) above the median Piper Cherokee listing.

20 other Piper Cherokee listings for sale now range $55,000–$199,500 (median $83,250) — this one is priced above 65% of them.

$55,000$199,500

this listingmedian

Deal check

Good deal

Asking $14,450 (12%) below the median of similar-year, similar-hours Piper Cherokee listings.

Compared with 6 Piper Cherokee listings for sale now within ±5 years and comparable total time — controlling for the two biggest value drivers, so this is a genuine value read (median $124,450).

See all Piper Cherokee for sale

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 today — listed more recently than ~100% of the 20 similar Piper Cherokee listings for sale now

Co-ownership available

2 co-ownership shares listed for Piper Cherokee 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.

See who's looking

Andrew Z.
Seeking a partnership share
Piper — Super Cub
Hays, KS
Up to $49,000

Listing trust

2/4

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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