ClubHanger
Alerts
BarnstormersA New

1979 PIPER PA32RT-300 LANCE II

1979 Piper Lance

Portland, OR Listed today

About this aircraft

$204,900 · ACCEPTING OFFERS · Turnkey 1979 Lance II, boasting a massive1437 lb Useful Load making It the ultimate family hauler. Equipped with glass avionics, a pristine exterior and interior, makes this exceptional aircraft stand out on any ramp. AFTT 5281, SMOH 1336, Lycoming IO-540, 300hp. Aspen EFD 1000 PFD, Garmin 430W GPS, Garmin GTX 335 ADS-B Out, Garmin GA 20 Audio Panel, JPI EDM 700 Engine Monitor, King KNS 80 Nav, KY 197. Fresh Annual. Logs are complete. Always hangared. Flown Recently. Spec Sheet Attached

Specifications

Year
1979
Total time (TTAF)
5,281 hrs
Engine time (SMOH)
1,336 hrs
Engine
Lycoming IO-540

Avionics & panel

Glass panel

Integrated glass display. Verify WAAS GPS and autopilot details with the owner for IFR use.

Glass panelADS-B OutGPS navigator
  • Aspen EFD 1000 PFD
  • Garmin 430W GPS
  • Garmin GTX 335 ADS-B Out
  • Garmin GA 20 Audio Panel
  • JPI EDM 700 Engine Monitor
  • King KNS 80 Nav
  • KY 197

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

How this stacks up

1 in this listing's favor

  • Listed today

    Fresh to market — early in the listing cycle

  • Mid-time engine

    664 hrs to TBO (33% remaining) — a healthy mid-life engine; factor the ~$1,500/yr overhaul reserve into your budget

  • Glass panel

    Integrated glass display. Verify WAAS GPS and autopilot details with the owner for IFR use.

  • 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 1,336 hrs since overhaul (SMOH) and the published 2,000 hr TBO for the Lycoming IO-540.

664 hrsto TBO

33% of TBO remaining

≈ 6 years to overhaul at its historical pace

664hrs left ÷ this aircraft's ~112 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 — 5,281 hrs total time across ~47 years. A rule of thumb, not a guarantee.

≈112 hrs/yrTypical

Typical utilization

This airframe has averaged about 112 hrs/year over ~47 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

$2,129/mo$25,549/yr

≈ $255 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$204,900 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $10,549 cheaper annually — fly more to see ownership savings.

OwnershipBuy-inMonthlyAnnual
Full ownership (sole)$204,900$2,129/mo$25,549/yr
1/2 share$102,450$1,565/mo$18,775/yr
1/3 share$68,300$1,376/mo$16,516/yr
1/4 share$51,225$1,282/mo$15,387/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

$204,900

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.

Browse Piper partnerships

Pilots looking to co-own

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

See who's looking

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.

View on Barnstormers

Get alerts for new Piper Lance listings

We'll email you when a new Piper Lance aircraft is listed. One email field, no account needed.

4 aircraft match right now — we'll email you when the next one lists.

Alert me if the price drops

We'll email you the moment the price on this listing drops. One email field, no account needed.

More ways we can help

We're exploring these too — let us know what you'd use.

Similar aircraft for sale