PIPER Cheyenne III Price and Operating Costs


Specifications
The PIPER Cheyenne III, manufactured from 1978 - 1983, requires a 2 person crew and can transport up to 6 passengers. The aircraft has a maximum operating altitude of 35,000', a normal cruise speed of 275 KTS/316 MPH, and a 972 NM/1,119 SM seats-full range. The PIPER Cheyenne III has a 4,065' balanced field length and 3,065' landing distance. The cabin measures 04'04" high, 04'02" wide, and 18'01" long. It has a total baggage capacity of 58.00 ft^3; 31.00 ft^3 being internal and 27.00 ft^3 being external.


Pricing
Depending on numerous factors, the average price for a pre-owned PIPER Cheyenne III is $578,100.00. A $289,050.00 loan over 120 months including $1204.38 per month in interest equates to a $14,494.04 per-period payment. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the PIPER Cheyenne III has total variable costs of $694,012.50, total fixed costs of $216,240.00, and an annual budget of $910,252.50. This breaks down to $2,022.78 per hour.

RANGE:
972 NM / 1,119 SM
SPEED:
275 KTS / 316 MPH
PRICE:
$578,100.00
MAX PASSENGERS:
6 people

PIPER Cheyenne III

Flying 450 Hours per Year
Flying 450 Hours per Year + 200 Charter Hours
Annual Owner Hours
450
450
Annual Charter Hours
-
200
Fuel Cost
$4.25
$4.25
Total Fixed Cost
$216,240.00
$221,490.00
Total Variable Cost
$694,012.50
$694,012.50
Annual Budget
$910,252.50
$915,502.50
Total Hourly Cost
$2,022.78
$2,034.45
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