1968 Piper Arrow for sale

1968 Piper Arrow

Single Engine Piston

DAMAGE REPORTED FOR SALE
$69,500below typical asking range
Location East Peoria, IL
Total Time 5,795 hrs
Engine SMOH 1,860 hrs
Seats 4
Serial # 28R-30653
Reg # N4932J
Damage History Reported by seller
Cruise 135 kts (250 km/h)
✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

IFR

Dual 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 Action
Kent Cook Aircraft Intl
controller.com
$69,500

* Converted to USD at daily European Central Bank (ECB) exchange rates

Estimate Monthly Payment

Piper Arrow loan calculator

AeroGurus

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

Safety record: 0 NTSB incidents
Airframe: 5,795 hours — verify engine time vs TBO (2,000 hrs)
Compare prices across multiple sources — same aircraft, different marketplaces
Budget $158 for pre-purchase inspection

Piper Arrow — Model Specs

Model specification

Standard specs for this model. Actual aircraft may differ.

Seats
4
Cruise Speed
135 kts (250 km/h)
Max Speed
144 kts (267 km/h)
Range
720 nm (1,333 km)
Ceiling
15,400 ft (4,694 m)
Max Weight
2,750 lbs (1,247 kg)
Useful Load
940 lbs (426 kg)
Horsepower
200 HP
Fuel Capacity
72 gal (273 L)
Fuel Burn
10.5 GPH (40 L/h)
TBO
2,000 hrs

Estimated Cost of Ownership

AeroGurus estimate

PIPER Arrow

Fuel Burn
10.5 GPH
~$68/hr
Variable Cost
$145/hr
fuel + mx + reserves
Annual Fixed
$18,000/yr
hangar + insurance + annual
Engine Overhaul
$30,000
every 2,000 hrs

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

FAA records

Aircraft Location

East Peoria, IL

Seller reported 180 more aircraft in Illinois →

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

3 price events · sources: trade-a-plane.com, controlleremea.co.uk, aerotrader.com

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.

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Prices and listings re-checked on a rolling cycle — most within a few days · 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.