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1967 PIPER CHEROKEE PA-28-235

1967 Piper Cherokee

Glyndon, MN Listed 3 months ago
See all Piper Cherokee for sale

About this aircraft

$140,000 · AVAILABLE FOR SALE · ACTT: 4448 June 26 Annual with freshly overhauled engine and propeller. New Garmin Engine Monitor

Specifications

Year
1967
Total time (TTAF)
4,448 hrs
Engine time (SMOH)
0 hrs
Annual due
Jun 2025

Avionics & panel

  • Garmin Engine Monitor

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

How this stacks up

1 in this listing's favor2 to ask about

  • Priced high

    $63,550 (83%) above the median of 8 similar-year, similar-hours Piper Cherokee listings

  • Listed 3 months ago

    Listed longer than ~65% of the 65 comparable Piper Cherokee listings still for sale — a seller-flexibility signal

  • Annual may be overdue

    The listing states the annual was due Jun 2025 — confirm the aircraft has a current annual before you commit

  • 3/5 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.

Airframe time

Average over the aircraft's life — 4,448 hrs total time across ~59 years. A rule of thumb, not a guarantee.

≈75 hrs/yrTypical

Typical utilization

This airframe has averaged about 75 hrs/year over ~59 years — in the normal range for a personal aircraft: regularly exercised without being worked hard.

Annual inspection

Required every 12 calendar months. Read off the listing's stated annual-due date — confirm against the logbooks.

Jun 2025Verify

Annual inspection may be overdue

The listing states the annual was due Jun 2025, about 16 months ago — confirm the aircraft has a current annual, and budget ~$2,500 if it still needs one.

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

$1,950/mo$23,400/yr

≈ $234 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$140,000 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $8,400 cheaper annually — fly more to see ownership savings.

OwnershipBuy-inMonthlyAnnual
Full ownership (sole)$140,000$1,950/mo$23,400/yr
1/2 share$70,000$1,475/mo$17,700/yr
1/3 share$46,667$1,317/mo$15,800/yr
1/4 share$35,000$1,238/mo$14,850/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

$140,000

~56% above market · $90k median · 65 comps

ClubHanger Estimate

Above market

Asking $50,000 (56%) above the median Piper Cherokee listing.

65 other Piper Cherokee listings for sale now range $10,000–$305,000 (median $90,000) — this one is priced above 82% of them.

$10,000$305,000
this listingmedian

Deal check

Priced high

Asking $63,550 (83%) above the median of similar-year, similar-hours Piper Cherokee listings.

Compared with 8 Piper Cherokee listings for sale now within ±5 years and comparable total time — controlling for the two biggest value drivers, so this is a genuine value read (median $76,450).

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 3 months ago — on the market longer than ~65% of the 65 similar Piper Cherokee listings for sale now — seller may have flexibility

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 Cherokee 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? →

View the original listing

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

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