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 414 NM/477 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 $135,000.00. 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 $5.47-per-gallon fuel cost, the PIPER Archer III has total variable costs of $67,999.50, total fixed costs of $19,685.00, and an annual budget of $87,684.50. This breaks down to $194.85 per hour.