1972 Piper Cherokee 140 for sale

1972 Piper Cherokee 140

Single Engine Piston

FOR SALE
$37,000
Location East Aurora, NY
Total Time 7,429 hrs
Engine SMOH 2,027 hrs
Seats 4
Serial # 28-7325035
Reg # N15310
Cruise 115 kts (213 km/h)
✓ Clean NTSB ✓ Verified recently ⚠ High time

Aircraft Details

Seller reported

Avionics & Equipment

IFR

Avionics/Radios: Garmin 300 XL SL30 packs a 760-channel VHF comm transceiver Narco Avionics CP 136 Lynx L3 Transponder WAAS: Yes Active Traffic: Yes

Description

A dependable, economical, and pilot-friendly 1972 Piper Cherokee 140. This Cherokee features the desirable 160 HP upgrade, providing improved climb performance and cruise capability while retaining the legendary stability and predictable handling the PA-28 series is known for. Well-known as one of general aviation's most forgiving and versatile aircraft-ideal for training, time building, or personal use. Smooth handling, stable platform, and low operating costs make this a smart entry-level aircraft or reliable addition to any hangar.

Engine

Engine: LYCOMING 160 HP Engine Time: 2,027 STOH Engine TBO: 2000 Engine Notes: Warm compression test completed 2026: 70psi+

Interior

Grey seats with black carpet. Carpet is old but clean

Exterior

Fair - few paint chips

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

Price Comparison 1 active offer

Source Price Action
Only Planes
trade-a-plane.com
$37,000

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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 1972 Piper Cherokee 140 (N15310) is a 4-seat single engine piston with 7,429 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 below the market average at $37,000.

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 7,429 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: 7,429 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 N15310.

Location & Ownership

FAA records

Aircraft Location

East Aurora, NY

Seller reported 119 more aircraft in NY →

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 N15310 against the NTSB accident database.

Price History

2 price events · sources: controller.com, trade-a-plane.com

AeroGurus Market Estimate AME

$72,285
Range: $64,500 — $85,000
Confidence: 90%
vs. Market
-49%
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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.