ClubHanger
BarnstormersA Price drop $9,000

PIPER PA-32-300 CHEROKEE SIX

2020 Piper Cherokee

Carefree, AZ Listed 1 month ago
See all Piper Cherokee for sale

About this aircraft

$186,000 · NOW AVAILABLE · 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

1 in this listing's favor2 to ask about
  • Above market

    $98,750 (113%) above the family-wide median of 59 Piper Cherokee listings

  • Listed 1 month ago

    On the market about as long as the typical one of 59 comparable Piper Cherokee listings still for sale

  • Price reduced $9,000

    Down 5% from the original $195,000 — a seller motivation signal

  • 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.

Price history

  1. Price reduced· Sep 5, 2026$186,000$9,000 (-5%)
  2. Listed · Jul 10, 2026$195,000

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. Your actual costs will vary.

As a sole owner

$1,988/mo$23,860/yr

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

$186,000 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $8,860 cheaper annually — fly more to see ownership savings.

OwnershipBuy-inMonthlyAnnual
Full ownership (sole)$186,000$1,988/mo$23,860/yr
1/2 share$93,000$1,494/mo$17,930/yr
1/3 share$62,000$1,329/mo$15,953/yr
1/4 share$46,500$1,247/mo$14,965/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

$186,000

$195,000

~113% above market · $87k median · 59 comps

ClubHanger Estimate

Above market

Asking $98,750 (113%) above the median Piper Cherokee listing.

59 other Piper Cherokee listings for sale now range $16,000$305,000 (median $87,250) — this one is priced above 88% of them.

$16,000$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 1 month ago — on the market about as long as the typical Piper Cherokee listing

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.

See who's looking

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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