PIPER Archer LX Price and Operating Costs

Specifications
The PIPER Archer LX, manufactured from 2010 - to present, requires a 1 person crew and can transport up to 3 passengers. The aircraft has a maximum operating altitude of 14,000', a normal cruise speed of 118 KTS/136 MPH, and a 414 NM/477 SM seats-full range. The PIPER Archer LX has a 1,853' 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 LX is $506,919.91. A $142,500.00 loan over 120 months including $593.75 per month in interest equates to a $7,145.48 per-period payment. Based on 450 annual owner-operated hours and $6.75-per-gallon fuel cost, the PIPER Archer LX has total variable costs of $74,587.50, total fixed costs of $21,800.00, and an annual budget of $96,387.50. This breaks down to $214.19 per hour.