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1978 CHEROKEE SIX FOR SALE

1978 Piper Cherokee

Fort Loramie, OH Listed today
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About this aircraft

$185,900 · FOR SALE BY OWNER · Cherokee Six PA-32-300 N47593 IFR ready. 5765 TTAF hrs. Engine Lycoming IO 540, 493hrs, SFRM 1738 hrs. SPOH, Useful load 1342, Nav#1 Garmin GNS 430W KI 208 Nav#2 KX155 KI 209, Garmin 396 dash mount, Stratus ES transponder w/ ADS-B In/Out, Trutrak autopilot, Wing tip landing lights, K&N cleanable air filter, Nice paint, complete logs, no damage history, no corrosion. Always hangered, Same owner last 26 years.

Specifications

Year
1978

How this stacks up

2 to ask about

  • Above market

    $102,650 (123%) above the family-wide median of 22 Piper Cherokee listings

  • Listed today

    Listed more recently than ~100% of the 22 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

$1,988/mo$23,859/yr

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

$185,900 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $8,859 cheaper annually — fly more to see ownership savings.

OwnershipBuy-inMonthlyAnnual
Full ownership (sole)$185,900$1,988/mo$23,859/yr
1/2 share$92,950$1,494/mo$17,930/yr
1/3 share$61,967$1,329/mo$15,953/yr
1/4 share$46,475$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.

Run your own numbers Find a co-owner on ClubHanger

Price

$185,900

~123% above market · $83k median · 22 comps

ClubHanger Estimate

Above market

Asking $102,650 (123%) above the median Piper Cherokee listing.

22 other Piper Cherokee listings for sale now range $54,900–$195,000 (median $83,250) — this one is priced above 95% of them.

$54,900$195,000
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 today — listed more recently than ~100% of the 22 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 partnerships

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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