PIPER Cherokee 140 Price and Operating Costs

Specifications
The PIPER Cherokee 140, manufactured from 1964 - 1977, requires a 1 person crew and can transport up to 3 passengers. The aircraft has a maximum operating altitude of 11,000', a normal cruise speed of 118 KTS/136 MPH, and a 449 NM/516 SM seats-full range. The PIPER Cherokee 140 has a 1,609' balanced field length and 1,415' landing distance. The cabin measures 03'08" high, 03'04" wide, and 08'02" 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 Cherokee 140 is $59,899.04. A $12,250.00 loan over 120 months including $51.04 per month in interest equates to a $614.26 per-period payment. Based on 450 annual owner-operated hours and $6.75-per-gallon fuel cost, the PIPER Cherokee 140 has total variable costs of $74,700.00, total fixed costs of $20,705.00, and an annual budget of $95,405.00. This breaks down to $212.01 per hour.