PIPER PA-32-300 CHEROKEE SIX
2020 Piper Cherokee
About this aircraft
$195,000 · NEW TO MARKET · Cherokee Six PA-32-300 N15040 is an IFR-ready "SUV of the skies" in really nice shape, and shows no history of having been Part 135 or corporate aircraft. Factory reman 300 hp engine with 650 hrs. Has complete and well-organized logbooks, dry climate heavy hauler. 6650 TTAF, 650 SFRM, 650 SPOH, 1469 UL, IFR, Garmin GNS430W, KX155 navcom, Garmin GTX345 xpndr w/ ADS-B In/Out, Piper Autocontrol III autopilot, 406 ELT. Paint is in nice shape, no hail damage, no hangar rash. Plexiglas windows are clear and bright. AD 2020-24-05 wing inspection Dec 2024, no corrosion noted. Nice airplane! · CLICK TO SEE DETAIL/SPECS
Specifications
- Year
- 2020
How this stacks up
Above market
$100,000 (105%) above the family-wide median of 55 Piper Cherokee listings
Listed today
Listed more recently than ~100% of the 55 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
≈ $240 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)
$195,000 to buy (the asking price)
At 100 hrs/yr, renting at $150/hr would be $8,950 cheaper annually — fly more to see ownership savings.
| Ownership | Buy-in | Monthly | Annual |
|---|---|---|---|
| Full ownership (sole) | $195,000 | $1,996/mo | $23,950/yr |
| 1/2 share | $97,500 | $1,498/mo | $17,975/yr |
| 1/3 share | $65,000 | $1,332/mo | $15,983/yr |
| 1/4 share | $48,750 | $1,249/mo | $14,988/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
$195,000
~105% above market · $95k median · 55 comps
ClubHanger Estimate
Above marketAsking $100,000 (105%) above the median Piper Cherokee listing.
55 other Piper Cherokee listings for sale now range $3,950–$244,900 (median $95,000) — this one is priced above 93% of them.
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 55 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 partnershipsListing 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.
View the original listing
This aircraft is listed on Barnstormers. Contact and full details are on the source site.
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