Piper Cheyenne III Price and Operating Costs

Piper Cheyenne III 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.

Piper Cheyenne III Price

Depending on numerous factors, the average price for a pre-owned piper Cheyenne III is $950,000. A $475,000 loan over 120 months including $1,979 per month in interest equates to a $23,818 per - period payment. Based on 450 annual owner - operated hours and $6 - per - GAL fuel cost, the piper Cheyenne III has total variable costs of $1,136,322, total fixed costs of $359,568, and an annual budget of $1,495,890 .This breaks down to $3,324 per hour.