1962 Piper Cherokee 160 for sale

1962 Piper Cherokee 160

Single Engine Piston

FOR SALE
$75,000within typical asking range
Location Cleburne, TX
Seats 4
Serial # 28-466
Reg # N5398W
Cruise 119 kts (220 km/h)
✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

autopilot

Description

Available for immediate sale: 1962 Piper PA-28-160 Cherokee (N5398W, Serial Number: 28-466). This airframe is a highly capable cross-country platform, also compatible with or similar to the PA-28-150 and PA-28-180 series. It features a low-time Lycoming O-320-B2B engine and an extensive modern avionics suite, including an autopilot and engine monitor Complete up to date logs. More information and photos available on the specs sheet.

Engine

Lycoming O-320-B2B engine and an extensive modern avionics suite, including an autopilot and engine monitor Complete up to date logs

Description and equipment details provided by the seller. AeroGurus does not verify seller-provided information.

Price Comparison

Source Price Action
David Johnson
barnstormers.com
$75,000

Estimate Monthly Payment

Piper Cherokee 160 loan calculator

AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Piper Cherokee 160

This 1962 Piper Cherokee 160 (N5398W) is a 4-seat single engine piston . There are currently 10 Cherokee 160 aircraft listed for sale with asking prices ranging from $47,258 to $109,900. This aircraft is priced below the market average at $75,000.

The Cherokee 160 cruises at 119 kts (220 km/h) with a range of 474 nm (878 km) — ideal for short hops and local flights. Service ceiling of 14,500 ft allows operation above most weather.

Operating costs: Fuel burn is 9 GPH (34 L/h), which at current 100LL avgas prices (~$6.20/gal) means approximately $56/hr in fuel alone.

NTSB records show 0 incidents for this airframe — a clean safety record.

Pre-Purchase Checklist

Safety record: 0 NTSB incidents
Budget $135 for pre-purchase inspection

Piper Cherokee 160 — Model Specs

Model specification

Standard specs for this model. Actual aircraft may differ.

Seats
4
Cruise Speed
119 kts (220 km/h)
Max Speed
127 kts (235 km/h)
Range
474 nm (878 km)
Ceiling
14,500 ft (4,420 m)
Max Weight
2,200 lbs (998 kg)
Useful Load
950 lbs (431 kg)
Horsepower
160 HP
Fuel Burn
9 GPH (34 L/h)

Estimated Cost of Ownership

AeroGurus estimate

PIPER Cherokee 160

Fuel Burn
9.0 GPH
~$58/hr

AeroGurus estimates based on industry averages for the PIPER Cherokee 160. Actual costs vary by location, usage, maintenance history, and configuration. Not a financial quote.

Ownership & Registration

FAA registration data pending for N5398W.

Location & Ownership

FAA records

Aircraft Location

Cleburne, TX

Seller reported 1032 more aircraft in Texas →

Title Status

No FAA title records

Available for US-registered aircraft only

Source: FAA Aircraft Registry, FAA Civil Aviation Registry (DocIndex). Title data may be delayed. Always verify with an aviation attorney before purchase.

Safety Record

No incidents found

NTSB database checked for N5398W.

Price vs Typical Asking Range

This asking price is within the typical asking range for this model, roughly $63,011–$90,500.

Based on current asking prices for comparable listings — asking prices only, not an appraisal or sale price.

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Prices and listings updated daily · Data: FAA Registry, NTSB · About our data
Disclaimer: All prices, cost estimates, and market values shown are based on asking prices from third-party sources and are provided for informational purposes only. AeroGurus is not an appraiser, broker, or financial advisor. Always obtain a professional appraisal and independent inspection before making a purchase decision. Actual transaction prices may differ from asking prices.