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/317 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 $799,500.00. A $399,750.00 loan over 120 months including $1665.62 per month in interest equates to a $20,044.95 per-period payment. Based on 450 annual owner-operated hours and $6.00-per-gallon fuel cost, the PIPER Cheyenne III has total variable costs of $1,138,500.00, total fixed costs of $359,568.00, and an annual budget of $1,498,068.00. This breaks down to $3,329.04 per hour.

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