ClubHanger
Hangar67AN735FL

1971 Piper Cherokee 140

1971 Piper Cherokee 140

Listed 2 months ago
See all Piper Cherokee for sale

Specifications

Year
1971
Total time (TTAF)
3,860 hrs

How this stacks up

1 in this listing's favor
  • Good deal

    $65,050 (52%) below the median of 15 similar-year, similar-hours Piper Cherokee 140 listings

  • Listed 2 months ago

    On the market about as long as the typical one of 56 comparable Piper Cherokee 140 listings still for sale

  • 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 — 3,860 hrs total time across ~55 years. A rule of thumb, not a guarantee.

70 hrs/yrTypical

Typical utilization

This airframe has averaged about 70 hrs/year over ~55 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. Your actual costs will vary.

As a sole owner

$1,883/mo$22,600/yr

$226 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$59,950 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $7,600 cheaper annually — fly more to see ownership savings.

OwnershipBuy-inMonthlyAnnual
Full ownership (sole)$59,950$1,883/mo$22,600/yr
1/2 share$29,975$1,442/mo$17,300/yr
1/3 share$19,983$1,294/mo$15,533/yr
1/4 share$14,988$1,221/mo$14,650/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.

Price

$59,950

~33% below market · $89k median · 56 comps

ClubHanger Estimate

Below market

Asking $29,050 (33%) below the median Piper Cherokee listing.

56 other Piper Cherokee listings for sale now range $16,000$305,000 (median $89,000) — this one is priced above 18% of them.

$16,000$305,000
this listingmedian

Deal check

Good deal

Asking $65,050 (52%) below the median of similar-year, similar-hours Piper Cherokee listings.

Compared with 15 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 $125,000).

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 2 months ago — on the market about as long as the typical Piper Cherokee listing

Co-ownership available

1 co-ownership share listed for Piper Cherokee 140 aircraft on ClubHanger.

From $8,000 buy-in — split the fixed costs with a partner instead of owning outright.

Browse Piper Cherokee 140 partnerships

Pilots looking to co-own

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

See who's looking

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 Hangar67. Contact and full details are on the source site.

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