PIPER Seneca IV Price and Operating Costs


Specifications
The PIPER Seneca IV, manufactured from 1994 - 1996, requires a 1 person crew and can transport up to 5 passengers. The aircraft has a maximum operating altitude of 25,000', a normal cruise speed of 156 KTS/179 MPH, and a 521 NM/600 SM seats-full range. The PIPER Seneca IV has a 1,755' balanced field length and 3,436' landing distance. The cabin measures 03'06" high, 04'01" wide, and 08'03" long. It has a total baggage capacity of 32.00 ft^3; 17.00 ft^3 being internal and 15.00 ft^3 being external.


Pricing
Depending on numerous factors, the average price for a pre-owned PIPER Seneca IV is $232,500.00. A $116,250.00 loan over 120 months including $484.38 per month in interest equates to a $5,829.21 per-period payment. Based on 450 annual owner-operated hours and $7.25-per-gallon fuel cost, the PIPER Seneca IV has total variable costs of $200,587.50, total fixed costs of $26,650.00, and an annual budget of $227,237.50. This breaks down to $504.97 per hour.

RANGE:
521 NM / 600 SM
SPEED:
156 KTS / 179 MPH
PRICE:
$232,500.00
MAX PASSENGERS:
5 people
PIPER Seneca IV
Flying 450 Hours per Year
Annual Owner Hours
450
Annual Charter Hours
-
Fuel Cost
$7.25
Total Fixed Cost
$26,650.00
Total Variable Cost
$200,587.50
Annual Budget
$227,237.50
Total Hourly Cost
$504.97
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