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1980 PIPER SARATOGA SP

1980 Piper Saratoga

Meriden, CT Listed 2 months ago
See all Piper Saratoga for sale

About this aircraft

$240,000 · AVAILABLE · 1980 Piper Saratoga SP PA-32R-301 32R-8013071 Hangared Excellent XC capability (e.g. 160 kts TAS at 8-10K ft 5-6 hour legs with reserves) Useful load 1365 lbs Recent Annual 11-30-26 Very low time airframe 3981.2 TT with complete logbooks 1100 SMOH Penn Yan Aero Lycoming IO-540 and 3-blade Hartzell prop IFR certified/ recent Pitot static/ IFR cert Garmin 750 GPS Garmin GTX 345 ADS-B in/out transponder King KI 525A Horizontal Situation Indicator Narco nav/com with MAC 1700 flip/flop Piper Century IIIC coupled autopilot Engine monitor

Specifications

Year
1980
Total time (TTAF)
3,981 hrs
Engine time (SMOH)
1,100 hrs
Engine
Lycoming IO-540

Avionics & panel

IFR-equipped: GPS + autopilot

GPS navigator and autopilot; WAAS capability not specified — verify with owner for LPV approaches.

ADS-B OutAutopilotGPS navigator
  • Garmin 750 GPS
  • Garmin GTX 345 ADS-B in/out transponder
  • King KI 525A Horizontal Situation Indicator
  • Narco nav/com with MAC 1700 flip/flop
  • Piper Century IIIC coupled autopilot
  • EDM-700 Fuel Monitor

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

How this stacks up

2 in this listing's favor

  • Below market

    $114,450 (32%) below the family-wide median of 20 Piper Saratoga listings (year & hours not controlled)

  • Listed 2 months ago

    Listed more recently than ~75% of the 20 comparable Piper Saratoga listings still for sale

  • Engine has life left

    900 hrs to TBO (45% of the 2,000-hr Lycoming IO-540 interval remaining) — an overhaul is well down the road

  • 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 1,100 hrs since overhaul (SMOH) and the published 2,000 hr TBO for the Lycoming IO-540.

900 hrsto TBO

45% of TBO remaining

≈ 10.5 years to overhaul at its historical pace

900hrs left ÷ this aircraft's ~87 hrs/yr average. A rough projection — your own flying rate will change the timeline.

Engine reserve budget~$1,500/yr · ~$15/hr

Estimated overhaul cost ($30,000) 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 — 3,981 hrs total time across ~46 years. A rule of thumb, not a guarantee.

≈87 hrs/yrTypical

Typical utilization

This airframe has averaged about 87 hrs/year over ~46 years — in the normal range for a personal aircraft: regularly exercised without being worked hard.

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

$2,158/mo$25,900/yr

≈ $259 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$240,000 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $10,900 cheaper annually — fly more to see ownership savings.

OwnershipBuy-inMonthlyAnnual
Full ownership (sole)$240,000$2,158/mo$25,900/yr
1/2 share$120,000$1,579/mo$18,950/yr
1/3 share$80,000$1,386/mo$16,633/yr
1/4 share$60,000$1,290/mo$15,475/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

$240,000

~32% below market · $354k median · 20 comps

ClubHanger Estimate

Below market

Asking $114,450 (32%) below the median Piper Saratoga listing.

20 other Piper Saratoga listings for sale now range $165,900–$675,000 (median $354,450) — this one is priced above 15% of them.

$165,900$675,000
this listingmedian
See all Piper Saratoga for sale

Compares this asking price to all Piper Saratoga listings — actual value also depends on year, hours, and avionics. An estimate, not an appraisal or an offer.

Listed 2 months ago — listed more recently than ~75% of the 20 similar Piper Saratoga listings for sale now

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.

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Pilots looking to co-own

1 pilot is looking to co-own a Piper on ClubHanger.

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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? →

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This aircraft is listed on Barnstormers. Contact and full details are on the source site.

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