PIPER Cheyenne IIIA Price and Operating Costs

Specifications
The PIPER Cheyenne IIIA, manufactured from 1984 - 1991, 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 291 KTS/335 MPH, and a 845 NM/972 SM seats-full range. The PIPER Cheyenne IIIA has a 3,997' balanced field length and 2,736' 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 IIIA is $813,750.00. A $406,875.00 loan over 120 months including $1695.31 per month in interest equates to a $20,402.22 per-period payment. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the PIPER Cheyenne IIIA has total variable costs of $693,225.00, total fixed costs of $57,141.00, and an annual budget of $750,366.00. This breaks down to $1,667.48 per hour.