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1962 PIPER PA28-160 CHEROKEE

1962 Piper Cherokee

Listed today
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About this aircraft

$90,000 · FOR SALE · Well-maintained and reliable 1962 Piper PA-28-160 Cherokee upgraded with a Lycoming O-360-A1A (180 HP) engine and constant-speed propeller for improved performance. Always hangared and located at Boundary Bay Airport (CZBB). Airframe TTSN: 3,232.5 hrs. Engine TSOH: 288.8 hrs. Prop TSOH: 33.9 hrs. Fresh annual completed April 2026. Avcon Industries STC (SA793CE) engine upgrade. Clean, dependable aircraft ideal for training, time-building, or personal use. Price in CAD.

Specifications

Year
1962

How this stacks up

1 to ask about

  • Around market

    Near the family-wide median asking price of 53 Piper Cherokee listings

  • Listed today

    Listed more recently than ~100% of the 53 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

$1,908/mo$22,900/yr

≈ $229 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$90,000 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $7,900 cheaper annually — fly more to see ownership savings.

OwnershipBuy-inMonthlyAnnual
Full ownership (sole)$90,000$1,908/mo$22,900/yr
1/2 share$45,000$1,454/mo$17,450/yr
1/3 share$30,000$1,303/mo$15,633/yr
1/4 share$22,500$1,227/mo$14,725/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.

Run your own numbers Find a co-owner on ClubHanger

Price

$90,000

Around market · $90k median · 53 comps

ClubHanger Estimate

Around market

Asking price is around the median for Piper Cherokee listings.

53 other Piper Cherokee listings for sale now range $20,000–$244,900 (median $90,000) — this one is priced above 49% of them.

$20,000$244,900
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 53 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.

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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

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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