1968 Piper Arrow
Single Engine Piston
Aircraft Details
Seller reportedAvionics & Equipment
IFRDual Narco Mark 12D navcoms (#2 display is inop) King KLN94 IFR GPS ADSB via Arapaho transponder Garmin 340 audiopanel. Metco wingtips Copper battery cables Precise Flight stand bye vacuum Engine block heater
Description
1968 PIPER ARROW For Sale in East Peoria, Illinois 1968 Piper Arrow - nice cosmetics, 5795 hours total time, 1860 SMOH done in 1990 but 705 hours since prop strike tear down in 11/2013 w case and cam repair, new lifters, cylinders repaired as required. 960 hours since top overhaul in 4/2012. 705 hours since new propeller. IFR equipped with King KLN94 GPS. September annual. MIdwest based, hangared. $69,500.00.
Engine
180 HP engine w 1860 since major overhaul in 1990. 704 hours since prop strike tear down in 2013 with case and cam repair, new lifters, and cylinders repaired as required. April 2012 all cylinders were replaced with overhauled cylinders which have 956 hours at this time. So the engine is younger than its time since major. 705 since new propeller. Good cosmetics. 974 useful load. September annual. $69,500.00.
Propeller
705 hours since new done in 2013
Interior
Tan vinal with brown fabric inserts New carpet in 2012 1986 paint with more recent trim color change.
Exterior
White with burgundy and gold. Trim colors and N#s done more recently.
Inspection
September annual
Description and equipment details provided by the seller. AeroGurus does not verify seller-provided information.
Price Comparison Listed on multiple marketplaces
| Source | Price | Location | Listed | Days on Market | Status | Action |
|---|---|---|---|---|---|---|
|
Kent Cook Aircraft Intl
controller.com
|
$69,500
|
East Peoria, IL | Mar 25, 2026 | 115 days | Active |
* Converted to USD at daily European Central Bank (ECB) exchange rates
Estimate Monthly Payment
Piper Arrow loan calculator
AeroGurus Data & Analysis
Independent data from FAA, NTSB, and market analysis
About This Piper Arrow
This 1968 Piper Arrow (N4932J) is a 4-seat single engine piston with 5,795 hours on the airframe. There are currently 217 Arrow aircraft listed for sale with asking prices ranging from $119 to $417,623. This aircraft is priced below the market average at $69,500.
The Arrow cruises at 135 kts (250 km/h) with a range of 720 nm (1,333 km) — ideal for short hops and local flights. Service ceiling of 15,400 ft allows operation above most weather.
Operating costs: Fuel burn is 10.5 GPH (40 L/h), which at current 100LL avgas prices (~$6.20/gal) means approximately $65/hr in fuel alone. Total variable cost including maintenance reserves is approximately $145/hr. Annual fixed costs (hangar, insurance, crew, annual inspection) average $18,000. With 5,795 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
Piper Arrow — Model Specs
Model specificationStandard specs for this model. Actual aircraft may differ.
Estimated Cost of Ownership
AeroGurus estimatePIPER Arrow
AeroGurus estimates based on industry averages for the PIPER Arrow. Actual costs vary by location, usage, maintenance history, and configuration. Not a financial quote.
Ownership & Registration
FAA registration data pending for N4932J.
Location & Ownership
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 N4932J against the NTSB accident database.
Price History
Price vs Typical Asking Range
This asking price is below the typical asking range for this model, roughly $83,669–$123,725.
Based on current asking prices for comparable listings — asking prices only, not an appraisal or sale price.