Hangar67AN540WB

2002 Piper Saratoga II TC

Name: 2002 Piper Saratoga II TC
Brand: Piper
SKU: N540WB
Price: 399900 USD
Availability: InStock

Lexington, KY Listed 1 month ago

See all Piper Saratoga for sale

Specifications

Year: 2002
Total time (TTAF): 2,467 hrs

How this stacks up

Fair price
Near the going rate for similar-year, similar-hours Piper Saratoga II TC listings (8 comps)
Listed 1 month ago
Listed more recently than ~85% of the 18 comparable Piper Saratoga II TC 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 — 2,467 hrs total time across ~24 years. A rule of thumb, not a guarantee.

≈103 hrs/yrTypical

Typical utilization

This airframe has averaged about 103 hrs/year over ~24 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

$2,167/mo$25,999/yr

≈ $260 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$399,900 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $10,999 cheaper annually — fly more to see ownership savings.

Ownership	Buy-in	Monthly	Annual
Full ownership (sole)	$399,900	$2,167/mo	$25,999/yr
1/2 share	$199,950	$1,583/mo	$19,000/yr
1/3 share	$133,300	$1,389/mo	$16,666/yr
1/4 share	$99,975	$1,292/mo	$15,500/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

$399,900

~16% above market · $344k median · 18 comps

ClubHanger Estimate

Above market

Asking $55,450 (16%) above the median Piper Saratoga listing.

18 other Piper Saratoga listings for sale now range $165,900–$675,000 (median $344,450) — this one is priced above 78% of them.

$165,900$675,000

this listingmedian

Deal check

Fair price

Right around the going rate for similar-year, similar-hours Piper Saratoga listings.

Compared with 8 Piper Saratoga 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 $382,400).

See all Piper Saratoga for sale

Compares this asking price to all Piper Saratoga listings — actual value also depends on year, hours, and avionics. An estimate, not an appraisal or an offer.

Listed 1 month ago — listed more recently than ~85% of the 18 similar Piper Saratoga listings for sale now

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

Andrew Z.
Seeking a partnership share
Piper — Super Cub
Hays, KS
Up to $49,000

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.

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