1974 Piper Cherokee 140 for sale

1974 Piper Cherokee 140

Single Engine Piston

FOR SALE
$59,900
Location Bucyrus, OH
Total Time 3,230 hrs
Engine SMOH 1,100 hrs
Seats 4
Serial # 28-7425251
Reg # N1020D
Cruise 115 kts (213 km/h)
✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

Respectable VFR avionics package including: Garmin GTR225 digital com radio King KX170B NAV/COM King KMA24 audio panel Narco AT165 digital transponder Uavionix wingtip beacon (ADS-B out) Two place intercom

Description

Low time Piper Cherokee 140 with only 3230 hours total time. Engine has approximately 1100 hours since major overhaul and 75 hours on an IRAN inspection due to low compressions. Complete logbooks since new and annual inspection completed May 2026. The plane was based in Guatemala from new until 1979 and imported to the US with a new airworthiness certificate. It has the front 2 seats only, no rear seats, but I'm assuming they could be added but better get the input from someone more knowledgeable on this subject than me. Average paint and interior, updated Garmin radio. Annual completed May 2026 and transponder certification current until April 2028. The logbooks reflect damage in 1976 and NTSB report of a landing accident in 1985. Useful load is 768 pounds.

Engine

Engine has 1100 hours since major overhaul and approximately 75 hours since an IRAN inspection in 2024. All 4 cylinders were overhauled, new camshaft, new main bearings and 8 reconditioned tappet bodies were installed.

Propeller

Airplane has a low total time of 3230 hours. Was based in Guatemala from new until 1979. Complete logbooks. Annual completed May 2026. Previous damage incidents in 1975 and 1985. Useful load 768 pounds.

Interior

The exterior is allover Beige with Blue, Yellow and Orange accent stripes. Hangared. Has had some touchup work and still shiny! Interior is Beige vinyl seats and side panels with recent Brown carpeting. Overall looks good with some wear in the normal high wear areas.

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

Price Comparison 1 active offer

Source Price Action
DeTray Aviation
trade-a-plane.com
$59,900

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AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Piper Cherokee 140

This 1974 Piper Cherokee 140 (N1020D) is a 4-seat single engine piston with 3,230 hours on the airframe. There are currently 107 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 $59,900.

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 3,230 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: 3,230 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 N1020D.

Location & Ownership

FAA records

Aircraft Location

Bucyrus, OH

Seller reported 245 more aircraft in OH →

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 N1020D 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.