PIPER Cheyenne IIXL Price and Operating Costs

Specifications
The PIPER Cheyenne IIXL, manufactured from 1981 - 1984, requires a 2 person crew and can transport up to 5 passengers. The aircraft has a maximum operating altitude of 31,000', a normal cruise speed of 264 KTS/304 MPH, and a 888 NM/1,022 SM seats-full range. The PIPER Cheyenne IIXL has a 4,387' balanced field length and 2,673' landing distance. The cabin measures 04'04" high, 04'02" wide, and 12'07" long. It has a total baggage capacity of 38.00 ft^3; 22.00 ft^3 being internal and 16.00 ft^3 being external.

Pricing
Depending on numerous factors, the average price for a pre-owned PIPER Cheyenne IIXL is $559,600.00. A $279,800.00 loan over 120 months including $1165.83 per month in interest equates to a $14,030.21 per-period payment. Based on 450 annual owner-operated hours and $7.00-per-gallon fuel cost, the PIPER Cheyenne IIXL has total variable costs of $823,950.00, total fixed costs of $156,537.00, and an annual budget of $980,487.00. This breaks down to $2,178.86 per hour.