PIPER Archer III Price and Operating Costs


Specifications
The PIPER Archer III, manufactured from 1995 - 2010, requires a 1 person crew and can transport up to 3 passengers. The aircraft has a maximum operating altitude of 18,000', a normal cruise speed of 118 KTS/136 MPH, and a 472 NM/543 SM seats-full range. The PIPER Archer III has a 1,852' balanced field length and 1,822' landing distance. The cabin measures 04'01" high, 03'06" wide, and 07'04" long. It has a total baggage capacity of 24.00 ft^3; 24.00 ft^3 being internal and 00.00 ft^3 being external.


Pricing
Depending on numerous factors, the average price for a pre-owned PIPER Archer III is $146,500.00. A $73,250.00 loan over 120 months including $305.21 per month in interest equates to a $3,673.03 per-period payment. Based on 450 annual owner-operated hours and $5.00-per-gallon fuel cost, the PIPER Archer III has total variable costs of $65,250.00, total fixed costs of $60,635.00, and an annual budget of $125,885.00. This breaks down to $279.74 per hour.

RANGE:
472 NM / 543 SM
SPEED:
118 KTS / 136 MPH
PRICE:
$146,500.00
MAX PASSENGERS:
3 people

PIPER Archer III

Flying 450 Hours per Year
Annual Owner Hours
450
Annual Charter Hours
-
Fuel Cost
$5.00
Total Fixed Cost
$60,635.00
Total Variable Cost
$65,250.00
Annual Budget
$125,885.00
Total Hourly Cost
$279.74
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