1968 Piper Arrow
Single Engine Piston
Aircraft Details
Seller reportedAvionics & Equipment
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This extremely well maintained 1968 Piper Arrow has 57 hours SMOH, and only 27 hours since all 4 cylinders were replaced with new. This is an extremely clean, good bones Arrow that shows very well with a repaint in 2016. In the cockpit it features Garmin’s latest and greatest GTN650Xi WAAS IFR GPS/NAV/COM, and is also paired to dual Garmin G5 instruments, the GTX345 transponder with ADS-B in and out capability, and tying it all together is the Garmin GFC500 autopilot.
Additional Comments:
Located in Lexington, KY – KLEX
Useful Load 957.25 lbs.
November 2025 Annual Inspection
Engine
Engine Hours 57 Hours SMOH Lycoming IO-360-B1E All 4 Cylinders were Replaced at 27 Hours SMOH Prop Hours 254 Hours SPOH 2-Blade Hartzell Prop Polished Spinner
Propeller
254 Hours SPOH 2-Blade Hartzell Prop Polished Spinner
Interior
Interior 7 out of 10 Reupholstered in 2017 Exterior 8 out of 10 Repainted in 2016
Exterior
8 out of 10 Repainted in 2016
Inspection
November 2025 Annual Inspection Financing & Insurance Available – Aircraft Guarantee and Lending’s tailored program makes aircraft ownership simple and affordable. Contact AGL to finance your next aircraft purchase and enjoy competitive rates and flexible terms. / Specifications for this aircraft are believed to be accurate but are not warranted. It is the responsibility of the buyer to confirm all specifications, equipment, and times. AirMart does not represent or warrant the working order, merchantability, or operability of any equipment. Airplanes are dynamic assets whose condition, availability, and details may change without notice. All information is subject to independent verification and inspection by the buyer. Availability cannot be guaranteed, as the aircraft may be sold, leased, or withdrawn from the market at any time.
Modifications / STCs
• All Knots2U Speed Mods Available
• All LED Exterior Lighting (strobes are wired with NAV lights)
• Complete Panel Upgrade – Custom Panel
• New SCS Floor with Sound Deadening Material
• Avionics Master Switch
• Heated Pitot
• Vacuum System Removed
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 |
|---|---|---|---|---|---|---|
|
Airmart
controller.com
|
$199,900
|
Lexington, KY | 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 (N4947J) is a 4-seat single engine piston with 4,563 hours on the airframe. There are currently 218 Arrow aircraft listed for sale with asking prices ranging from $119 to $417,623. This aircraft is priced above the market average at $199,900.
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 4,563 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 N4947J.
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 N4947J against the NTSB accident database.
Price History
Price vs Typical Asking Range
This asking price is above 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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