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 1,216 NM/1,399 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 $7.00-per-gallon fuel cost, the PIPER Cheyenne III has total variable costs of $875,700.00, total fixed costs of $164,439.00, and an annual budget of $1,040,139.00. This breaks down to $2,311.42 per hour.