ClubHanger
BarnstormersA Price drop $20,000

PA-12

1947 Piper

Lopez Island, WA Listed 4 months ago

About this aircraft

$95,000 · FOR SALE BY OWNER · 1947 PA-12 Super Cruiser, Highly modified. PA18 flaps, tail & landing gear, 29" tires. 150hp O-320 SMOH 1196 TT 2304. Sutton exhaust, Casper Labs oil filter, squared off wing tips. Float fittings. MGL Radio, AV-30, no transponder or ADS-b. Seaplane doors both sides. Extended baggage. All logbooks from day one. $95,000

Specifications

Year
1947
Total time (TTAF)
2,300 hrs
Engine time (SMOH)
1,192 hrs
Engine
O-320

Avionics & panel

  • MGL Radio
  • AV-30

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

How this stacks up

2 in this listing's favor
  • Listed 4 months ago

    Long listing cycle — seller may have flexibility on price

  • Price reduced $20,000

    Down 17% from the original $115,000 — a seller motivation signal

  • Mid-time engine

    808 hrs to TBO (40% remaining) — a healthy mid-life engine; factor the ~$900/yr overhaul reserve into your budget

  • 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 1,192 hrs since overhaul (SMOH) and the published 2,000 hr TBO for the Lycoming O-320.

808 hrsto TBO

40% of TBO remaining

≈ 28 years to overhaul at its historical pace

808hrs left ÷ this aircraft's ~29 hrs/yr average. A rough projection — your own flying rate will change the timeline.

Engine reserve budget~$900/yr · ~$9/hr

Estimated overhaul cost ($18,000) 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 — 2,300 hrs total time across ~79 years. A rule of thumb, not a guarantee.

≈29 hrs/yrLow time

Low-time for its age

This airframe has averaged about 29 hrs/year over ~79 years — light use for a personal aircraft. Fewer hours can mean lighter wear, but aircraft that sit also risk dried seals, corrosion, and stale fuel-system components. Ask how regularly it's flown and what the recent annual inspections found.

Price history

  1. Price reduced· Nov 1, 2026$95,000−$20,000 (-17%)
  2. Listed · Jul 1, 2026$115,000

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

$1,988/mo$23,850/yr

≈ $239 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$95,000 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $8,850 cheaper annually — fly more to see ownership savings.

OwnershipBuy-inMonthlyAnnual
Full ownership (sole)$95,000$1,988/mo$23,850/yr
1/2 share$47,500$1,494/mo$17,925/yr
1/3 share$31,667$1,329/mo$15,950/yr
1/4 share$23,750$1,247/mo$14,963/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.

Price

$95,000

$115,000

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

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.
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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