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1970 CHEROKEE 140 GARMIN 175

1970 Piper Cherokee

High Point, NC Listed today
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About this aircraft

AVAILABLE SOON · 1970 Piper Cherokee 140 N5981U - Available soon in North Carolina - 150 HP engine - Garmin GPS 175 WAAS navigator - ADS-B Out - Clean comfortable interior - Regularly flown - Great economical airplane for time building, IFR training, and personal cross country flying - Approx 6200 TT and 1750 SMOH - Complete equipment list maintenance details logbooks and additional photos available - Serious inquiries welcome. Available soon. Asking price $64,500

Specifications

Year
1970

How this stacks up

1 in this listing's favor1 to ask about
  • Below market

    $23,000 (26%) below the family-wide median of 61 Piper Cherokee listings (year & hours not controlled)

  • Listed today

    Listed more recently than ~100% of the 61 comparable Piper Cherokee listings still for sale

  • 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

$1,887/mo$22,645/yr

$226 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$64,500 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $7,645 cheaper annually — fly more to see ownership savings.

OwnershipBuy-inMonthlyAnnual
Full ownership (sole)$64,500$1,887/mo$22,645/yr
1/2 share$32,250$1,444/mo$17,323/yr
1/3 share$21,500$1,296/mo$15,548/yr
1/4 share$16,125$1,222/mo$14,661/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

$64,500

~26% below market · $88k median · 61 comps

ClubHanger Estimate

Below market

Asking $23,000 (26%) below the median Piper Cherokee listing.

61 other Piper Cherokee listings for sale now range $10,000$305,000 (median $87,500) — this one is priced above 25% of them.

$10,000$305,000
this listingmedian
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 61 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.

Browse Piper Cherokee partnerships

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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