1967 Piper Cherokee 140 for sale

1967 Piper Cherokee 140

Single Engine Piston

FOR SALE
$65,000Good Deal
Location Titusville, FL
Total Time 3,561 hrs
Engine SMOH 572 hrs
Seats 4
Serial # 28-23892
Reg # N586
Cruise 115 kts (213 km/h)
✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

VFR
ADSB-out (located on left wingtip fairing) * Altitude Encoder (installed Nov 2024) * Bendix King KX 165 TSO radio * Val Avionics COM 760 TSO radio

Description

This Cherokee is a sturdy, reliable, workhorse aircraft.

Engine

Lycoming 0-320-E2A engine * Rapco Vacuum Pump (installed July, 2024) * New Sky-Tec starter (installed 2022) * Dynamic Prop Balance (August, 2022) * Concorde RG-35A XC Battery (September 2024) * Sensenich 74D Prop

Propeller

Wingtip fairings * Wheel fairings included

Interior

Harness seatbelts (rear seats not installed but included with plane)

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

Price Comparison 1 active offer

Source Price Action
Jim Poppino
trade-a-plane.com
$65,000

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Piper Cherokee 140 loan calculator

AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Piper Cherokee 140

This 1967 Piper Cherokee 140 (N586) is a 4-seat single engine piston with 3,561 hours on the airframe. There are currently 125 Cherokee 140 aircraft listed for sale with asking prices ranging from $20,000 to $150,000. This aircraft is priced below the market average at $65,000.

The Cherokee 140 cruises at 115 kts (213 km/h) with a range of 455 nm (843 km) — ideal for short hops and local flights. Service ceiling of 14,350 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. Total variable cost including maintenance reserves is approximately $120/hr. Annual fixed costs (hangar, insurance, crew, annual inspection) average $16,000. With 3,561 hours on the airframe, this aircraft has exceeded TBO (2,000 hrs) — verify engine status and overhaul reserve.

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

Pre-Purchase Checklist

Safety record: 0 NTSB incidents
Airframe: 3,561 hours — verify engine time vs TBO (2,000 hrs)
Budget $135 for pre-purchase inspection

Piper Cherokee 140 — Model Specs

Model specification

Standard specs for this model. Actual aircraft may differ.

Seats
4
Cruise Speed
115 kts (213 km/h)
Max Speed
126 kts (233 km/h)
Range
455 nm (843 km)
Ceiling
14,350 ft (4,374 m)
Max Weight
2,150 lbs (975 kg)
Useful Load
920 lbs (417 kg)
Horsepower
150 HP
Fuel Capacity
50 gal (189 L)
Fuel Burn
9 GPH (34 L/h)
TBO
2,000 hrs

Estimated Cost of Ownership

AeroGurus estimate

PIPER Cherokee 140

Fuel Burn
9.0 GPH
~$58/hr
Variable Cost
$120/hr
fuel + mx + reserves
Annual Fixed
$16,000/yr
hangar + insurance + annual
Engine Overhaul
$28,000
every 2,000 hrs

AeroGurus estimates based on industry averages for the PIPER Cherokee 140. Actual costs vary by location, usage, maintenance history, and configuration. Not a financial quote.

Ownership & Registration

FAA registration data pending for N586.

Location & Ownership

FAA records

Aircraft Location

Titusville, FL

Seller reported 1180 more aircraft in Florida →

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

NTSB safety data coming soon.

We'll check N586 against the NTSB accident database.

AeroGurus Market Estimate AME

$69,900
Range: $59,971 — $89,600
Confidence: 90%
vs. Market
-7%
Good Deal

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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.