1968 Piper Cherokee 140 for sale

1968 Piper Cherokee 140

Single Engine Piston

FOR SALE
$85,000Fair Price
Location Westminster, MD
Total Time 3,479 hrs
Engine SMOH 1,072 hrs
Seats 4
Serial # 28-24534
Reg # N7203J
Cruise 115 kts (213 km/h)
✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

IFR

Garmin GTN 650 GPS/NAV/Comm Garmin GTX 345 Transponder PS PMA-6000 intercomm BK KX-125 Nav Comm Narco 122D Nav/LOC/GS/CDI S-Tec 30 Auto pilot

nav and gpsGarmin CDI

Description

This Piper Cherokee 140 is a clean, well-equipped aircraft featuring 3,479 hours total time on the airframe and 1,072 hours since major overhaul on its reliable Lycoming O-320 engine. The Sensenich M74DM6-0-58 propeller has 703 hours since new. Avionics include a Garmin GTN 650 GPS/NAV/Comm, Garmin GTX 345 transponder, PS Engineering PMA-6000 intercom, BK KX-125 Nav/Comm, Narco 122D Nav/LOC/GS/CDI, and an S-Tec 30 autopilot with NAV and GPS coupling, along with a Garmin CDI. This aircraft is IFR certified, with all ADs complied with, complete logbooks, and no accident or damage history. Both paint and interior are rated 8/10, reflecting the aircraft's excellent overall condition. A solid, well-maintained Cherokee 140 ready to fly and perfect for training, time-building, or personal travel.

Engine

Engine Type/Model: Lycoming O-320 Propeller Type: Sensenich M74DM6-0-58

Interior

8/10

Exterior

and interior are rated 8/10, reflecting the aircraft's excellent overall condition

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

Price Comparison 1 active offer

Source Price Action
Mack Aero
trade-a-plane.com
$85,000

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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 1968 Piper Cherokee 140 (N7203J) is a 4-seat single engine piston with 3,479 hours on the airframe. There are currently 106 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 $85,000.

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 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 3,479 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: 3,479 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 N7203J.

Location & Ownership

FAA records

Aircraft Location

Westminster, MD

Seller reported 96 more aircraft in MD →

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 N7203J against the NTSB accident database.

AeroGurus Market Estimate AME

$76,000
Range: $64,500 — $86,225
Confidence: 90%
vs. Market
+12%
Above Market

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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.