1977 Piper Saratoga for sale

1977 Piper Saratoga

Single Engine Piston

DAMAGE REPORTED FOR SALE
$199,900within typical asking range
Location Lexington, KY
Total Time 5,103 hrs
Engine SMOH 1,149 hrs
Seats 6
Serial # 32R-7780523
Reg # N24MT
Damage History Reported by seller
Cruise 163 kts (302 km/h)
✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

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Description

This 1977 straight-tail Piper Lance is a well-equipped and highly capable six-seat performer, featuring an S-TEC 30 Autopilot coupled to a Garmin GNS430W for dependable navigation and control. Performance enhancements include vortex generators, LoPresti Speed Mods, and Knots2U stabilator and aileron gap seals, delivering improved handling and efficiency. With its blend of useful upgrades and classic Lance capability, this aircraft is a strong choice for pilots seeking space, comfort, and enhanced performance in a proven airframe.

Located in Lexington, KY – KLEX

Complete & Consecutive Logs

Minor Damage:

Prop Strike in 2017; New Prop and TDI/IRAN Performed

Useful Load 1,297 lbs.

Fresh August 2025 Annual Inspection

Financing & Insurance Available – Aircraft Guarantee and Lending’s tailored program makes aircraft ownership simple and affordable. Contact AGL to finance your next aircraft purchase and enjoy competitive rates and flexible terms.

Engine

Engine: 1149 Hours SMOH Lycoming IO-540-K1G5D 300 HP Prop: 311 Hours SPOH 3-Blade Hartzell Prop Polished Spinner

Propeller

311 Hours SPOH 3-Blade Hartzell Prop Polished Spinner

Interior

8 out of 10 New Interior in 2015 Club Seating

Exterior

6 out of 10

Modifications / STCs

Avionics Master Switch

Factory Air Conditioning (inop)

Precise Flight Standby Vacuum System

Bose Headset Jacks – Pilot/Copilot

406 MHz ELT

Vortex Generators

Hobbs Meter

M20 Oil Separator

LED Landing Light

Rosen Sun Visors

LoPresti Speed Mods:

Landing Gear “Spats” Fairings

“Speed Splitters” Flap Bracket Fairings

FlapGap Seals

Zip Tip Wingtips (w/ Halogen Recognition Lights)

Knots2U Stabilator Gap Seals

Knots2U Aileron Gap Seals

Dual Push-to-Talk Yoke Switches

Electric Pitch Trim

Rudder Trim

Refreshment Console

Four Cup Holders

Overhead Air Vents & Reading Lamps

Club Seating

Davtron M800 Digital Clock

Dual Toe Brakes

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

Price Comparison Listed on multiple marketplaces

Source Price Action
AirMart - Jacob Dickerson
trade-a-plane.com
$199,900
Airmart
controller.com
$199,900
Airmart
controlleremea.co.uk
$204,115 *
GBP £151,076
Airmart
aviationtrader.com.au
$206,510
Jacob Dickerson
airmart.com
$195,000
$199,900

* Converted to USD at daily European Central Bank (ECB) exchange rates

Estimate Monthly Payment

Piper Saratoga loan calculator

AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Piper Saratoga

This 1977 Piper Saratoga (N24MT) is a 6-seat single engine piston with 5,103 hours on the airframe. There are currently 121 Saratoga aircraft listed for sale with asking prices ranging from $187 to $745,000. This aircraft is priced below the market average at $199,900.

The Saratoga cruises at 163 kts (302 km/h) with a range of 950 nm (1,759 km) — ideal for short hops and local flights. Service ceiling of 20,000 ft allows operation above most weather.

Operating costs: Fuel burn is 15 GPH (57 L/h), which at current 100LL avgas prices (~$6.20/gal) means approximately $93/hr in fuel alone. Total variable cost including maintenance reserves is approximately $170/hr. Annual fixed costs (hangar, insurance, crew, annual inspection) average $20,000. With 5,103 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: 5,103 hours — verify engine time vs TBO (2,000 hrs)
Compare prices across multiple sources — same aircraft, different marketplaces
Budget $225 for pre-purchase inspection

Piper Saratoga — Model Specs

Model specification

Standard specs for this model. Actual aircraft may differ.

Seats
6
Cruise Speed
163 kts (302 km/h)
Max Speed
170 kts (315 km/h)
Range
950 nm (1,759 km)
Ceiling
20,000 ft (6,096 m)
Max Weight
3,600 lbs (1,633 kg)
Useful Load
1,360 lbs (617 kg)
Horsepower
300 HP
Fuel Capacity
102 gal (386 L)
Fuel Burn
15 GPH (57 L/h)
TBO
2,000 hrs

Estimated Cost of Ownership

AeroGurus estimate

PIPER Saratoga

Fuel Burn
15.0 GPH
~$98/hr
Variable Cost
$170/hr
fuel + mx + reserves
Annual Fixed
$20,000/yr
hangar + insurance + annual
Engine Overhaul
$32,000
every 2,000 hrs

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

Ownership & Registration

FAA registration data pending for N24MT.

Location & Ownership

FAA records

Aircraft Location

Lexington, KY

Seller reported 164 more aircraft in Kentucky →

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 N24MT against the NTSB accident database.

Price History

4 price events · sources: trade-a-plane.com, controlleremea.co.uk, airmart.com, controller.com

Price vs Typical Asking Range

This asking price is within the typical asking range for this model, roughly $163,650–$211,500.

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.