1974 Piper Chieftain for sale

1974 Piper Chieftain

Multi Engine Piston

FOR SALE
$416,985above typical asking range
Location New South Wales, Australia
Total Time 14,510 hrs
Seats 10
Reg # VH-LTU Australia
Cruise 205 kts (380 km/h)
✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Description

1974 PA31-350 Chieftain. Crew door and cargo door. Freshly out of refurbishment with zero time engines. 11,500 hours to run on spar (spar mod completed). Garmin GNS530 and GNS 430. Dual GI275's as PFD and HSI. GFC600 digital autopilot.

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

Price Comparison

Source Price Action
Listing Source
planesales.com.au
$416,985
$413,365

Estimate Monthly Payment

Piper Chieftain loan calculator

AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Piper Chieftain

This 1974 Piper Chieftain (VH-LTU) is a 10-seat multi engine piston with 14,510 hours on the airframe. There are currently 35 Chieftain aircraft listed for sale with asking prices ranging from $90,000 to $679,000. This aircraft is priced above the market average at $416,985.

The Chieftain cruises at 205 kts (380 km/h) with a range of 950 nm (1,759 km) — ideal for short hops and local flights. Service ceiling of 24,000 ft allows operation above most weather.

Operating costs: Fuel burn is 38 GPH (144 L/h), which at current 100LL avgas prices (~$6.20/gal) means approximately $236/hr in fuel alone.

NTSB records show 0 incidents for this airframe — a clean safety record.

Pre-Purchase Checklist

Safety record: 0 NTSB incidents
Airframe: 14,510 hours
Budget $570 for pre-purchase inspection

Piper Chieftain — Model Specs

Model specification

Standard specs for this model. Actual aircraft may differ.

Seats
10
Cruise Speed
205 kts (380 km/h)
Max Speed
231 kts (428 km/h)
Range
950 nm (1,759 km)
Ceiling
24,000 ft (7,315 m)
Max Weight
7,000 lbs (3,175 kg)
Useful Load
2,350 lbs (1,066 kg)
Horsepower
350 HP
Fuel Burn
38 GPH (144 L/h)
Engines
2

Estimated Cost of Ownership

AeroGurus estimate

PIPER Chieftain

Fuel Burn
38.0 GPH
~$247/hr

AeroGurus estimates based on industry averages for the PIPER Chieftain. Actual costs vary by location, usage, maintenance history, and configuration. Not a financial quote.

Ownership & Registration

FAA registry covers US-registered aircraft (N-numbers).

This aircraft (VH-LTU) is registered outside the US.

Location & Ownership

FAA records

Aircraft Location

New South Wales, Australia

AU

Seller reported

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 VH-LTU against the NTSB accident database.

Price vs Typical Asking Range

This asking price is above the typical asking range for this model, roughly $176,343–$279,396.

Based on current asking prices for comparable listings — asking prices only, not an appraisal or sale price.

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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.