1968 Piper Cherokee 140
FOR SALE

1968 Piper Cherokee 140

Single Engine Piston

$124,900
Location Rapid City, SD
Total Time 3,150 hrs
Engine SMOH 850 hrs
Seats 4
Reg # N7200J
Cruise 115 kts (213 km/h)

Equipment & Features

Seats
4
✓ Clean NTSB ✓ Verified recently

Price Comparison 1 active offer

Source Price Action
Listing Source
trade-a-plane.com
$124,900

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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 1968 Piper Cherokee 140 (N7200J) is a 4-seat single engine piston with 3,150 hours on the airframe. There are currently 67 Cherokee 140 aircraft listed for sale with asking prices ranging from $20,000 to $150,000. This aircraft is priced above the market average at $124,900.

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 Jet-A prices (~$5.50/gal) means approximately $50/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 3,150 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: 3,150 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)
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 N7200J.

Location & Ownership

FAA records

Aircraft Location

Rapid City, SD

Seller reported 21 more aircraft in SD →

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 N7200J against the NTSB accident database.

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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.