Affordable 1/4 Share — Piper Cherokee 140, Oakland (KOAK)
1968 Piper Cherokee 140
About this listing
Great entry-level partnership for a newly certificated pilot. 1968 Cherokee 140, 4,800 TTAF, engine 200 SMOH (factory reman). VFR only. Tied down at Oakland Metro. The cheapest way to build time in the Bay Area. Three current partners — all very accommodating of varying schedules. $180/mo includes tiedown, insurance, and oil.
How this partnership stacks up
Listed about 1 month ago
Worth asking whether there is negotiating room
Fully priced
Buy-in, monthly fixed cost, and hourly wet rate are all listed — easy to estimate your total cost
Engine/airframe specs not on listing
Ask the owner for SMOH, engine type, and TTAF — these unlock the Engine Life and Airframe Time analysis panels
Based on current ClubHanger listings. Share types and partner counts vary — read the full listing for complete context. Not financial advice.
Pilot Requirements
- Minimum Hours
- 50 hours
- Required Ratings
- PPL
Costs
- Buy-In
- $8,000
- Monthly Fixed
- $180/mo
- Wet Rate
- $60/hr
Flying cost
Annual cost as a ¼ partner, at your flying rate.
≈ $82 per flight hour at 100 hrs/yr
- Monthly fixed × 12
- $2,160/yr
- Flying (100 hrs × $60/hr)
- $6,000/yr
Save $6,840/yr vs. renting at $150/hr
The $8,000 buy-in recouped in ≈ 1.2 yrs at this rate
Rule of thumb — your costs will vary. Figures from the listing's stated monthly rate and wet rate.
Prefer to buy outright?
200 whole aircraft for sale for Piper on ClubHanger.
From $2,000 — no partner scheduling to coordinate.
Browse Piper for saleStructure
- Share type
- 1/4 Share
- Shares available
- 1
- Scheduling
- Google Calendar
Listing trust
2/4- Real photo of the aircraftA genuine photo, not a stock placeholder.
- Complete detailsYear, registration, pricing, and a full description.
- Contact on ClubHangerReach the owner here — no off-platform redirect.
- Posted by a memberListed by a signed-up ClubHanger member.
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