PIPER Cheyenne II Price and Operating Costs

Specifications
The PIPER Cheyenne II, manufactured from 1974-1983, 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 260 KTS/299 MPH, and a 702 NM/808 SM seats-full range. The PIPER Cheyenne II has a 3,705' balanced field length and 2,482' 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 II is $595,000.00. A $297,500.00 loan over 120 months including $1239.58 per month in interest equates to a $14,917.76 per-period payment. Based on 450 annual owner-operated hours and $6.00-per-gallon fuel cost, the PIPER Cheyenne II has total variable costs of $733,950.00, total fixed costs of $154,783.00, and an annual budget of $888,733.00. This breaks down to $1,974.96 per hour.