PIPER Cheyenne IA Price and Operating Costs

Specifications
The PIPER Cheyenne IA, manufactured from 1984 - 1985, requires a 2 person crew and can transport up to 5 passengers. The aircraft has a maximum operating altitude of 31,000', a normal cruise speed of 247 KTS/285 MPH, and a 929 NM/1,070 SM seats-full range. The PIPER Cheyenne IA has a 2,772' balanced field length and 2,864' landing distance. The cabin measures 04'04" high, 04'02" wide, and 10'11" long. It has a total baggage capacity of 42.00 ft^3; 22.00 ft^3 being internal and 20.00 ft^3 being external.

Pricing
Depending on numerous factors, the average price for a pre-owned PIPER Cheyenne IA is $433,800.00. A $216,900.00 loan over 120 months including $903.75 per month in interest equates to a $10,876.17 per-period payment. Based on 450 annual owner-operated hours and $7.00-per-gallon fuel cost, the PIPER Cheyenne IA has total variable costs of $737,100.00, total fixed costs of $152,240.00, and an annual budget of $889,340.00. This breaks down to $1,976.31 per hour.