1978 Piper Cheyenne for sale

1978 Piper Cheyenne

Multi Engine Turboprop

CLEAN HISTORY FOR SALE
$495,000
Location AL
Total Time 6,123 hrs
Seats 8
Serial # 31T-7804002
Reg # N200TS
Damage History Clean per seller
Engine Turbo-prop ×2
Cruise 240 kts (444 km/h)
✓ FAA Valid ✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

IFR

Garmin GNS 530W GPS/NAV/COMM Garmin GNS 430W GPS/NAV/COMM ARNAV STAR-5000 NAV Garmin GTX 330 Transponder Garmin GTX 345 Transponder Collins AMR350 Audio Panel King KFC 250 Autopilot w/Preselect King KFC-250 IFCS Flight Director King KN-65 DME Collins ADF BF Goodrich WX-950 Stormscope Bendix/King Weather Radar

Description

Maintenance Condition: Damage History: No No Known Current or Historical Damage Fresh Event 1 2 0 since MORE Program Inspection

Airframe: Nickel Guide Vanes Dual Heated Windshields Wipers Exhaust Stacks RAM Air Induction Drag Chute Exhausts

Other Equipment: PS Engineering w/6 Place Intercom XM Weather ADS-B In/Out Co-pilot Instruments

Interior: Executive/5 Passenger Configuration Cream Leather Interior Beige Carpeting Dual Writing Desks Lav

Exterior: Overall White with Blue and Black Stripes Zinc Chromated, Strip Paint in 2017

Interior

Executive/5 Passenger Configuration Cream Leather Interior Beige Carpeting Dual Writing Desks Lav

Exterior

Overall White with Blue and Black Stripes Zinc Chromated, Strip & Paint in 2017

Inspection

Damage History: No No Known Current or Historical Damage Fresh Event 1 & 2 0 since MORE Program Inspection

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

Price Comparison 1 active offer

Source Price Action
Barnett Investment Group
trade-a-plane.com
$495,000
Listing Source
aso.com
$495,000
Barnett Investment Group
aircraftdealer.com
Call for price
Total Time
globalplanesearch.com
$495,000
Barnett Investment Group
aircraftforsale.com
$495,000

Estimate Monthly Payment

Piper Cheyenne loan calculator

AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Piper Cheyenne

This 1978 Piper Cheyenne (N200TS) is a 8-seat multi engine turboprop with 6,123 hours on the airframe. There are currently 24 Cheyenne aircraft listed for sale with asking prices ranging from $495,000 to $1,514,887. This aircraft is priced below the market average at $495,000.

The Cheyenne cruises at 240 kts (444 km/h) with a range of 1,400 nm (2,593 km) — suitable for regional and medium-distance travel. Service ceiling of 31,000 ft allows operation above most weather.

Operating costs: Fuel burn is 55 GPH (208 L/h), which at current Jet-A prices (~$5.50/gal) means approximately $302/hr in fuel alone. Total variable cost including maintenance reserves is approximately $650/hr. Annual fixed costs (hangar, insurance, crew, annual inspection) average $100,000. With 6,123 hours on the airframe, this aircraft has exceeded TBO (3,500 hrs) — verify engine status and overhaul reserve.

FAA registration status: Valid. NTSB records show 0 incidents for this airframe — a clean safety record.

Pre-Purchase Checklist

FAA registration: Valid (SMITH IRONWORKS OF ALABAMA LLC)
Safety record: 0 NTSB incidents
Airframe: 6,123 hours — verify engine time vs TBO (3,500 hrs)
Budget $825 for pre-purchase inspection

Piper Cheyenne — Model Specs

Model specification

Standard specs for this model. Actual aircraft may differ.

Seats
8
Cruise Speed
240 kts (444 km/h)
Max Speed
262 kts (485 km/h)
Range
1,400 nm (2,593 km)
Ceiling
31,000 ft (9,449 m)
Max Weight
9,050 lbs (4,105 kg)
Useful Load
2,900 lbs (1,315 kg)
Fuel Capacity
365 gal (1382 L)
Fuel Burn
55 GPH (208 L/h)
Engines
2
TBO
3,500 hrs

Estimated Cost of Ownership

AeroGurus estimate

PIPER Cheyenne

Fuel Burn
55.0 GPH
~$358/hr
Variable Cost
$650/hr
fuel + mx + reserves
Annual Fixed
$100,000/yr
hangar + insurance + annual
Engine Overhaul
$300,000
every 3,500 hrs

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

Ownership & Registration

Registered Owner

SMITH IRONWORKS OF ALABAMA LLC

Registration Address

FORT PAYNE, AL

Certificate Issued

2022-09-23

Airworthiness

1978-04-19

FAA Status

Valid

Source: FAA Aircraft Registry, updated Mar 15, 2026

Location & Ownership

FAA records

Aircraft Location

AL

Seller reported 61 more aircraft in AL →

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

No incidents found

NTSB database checked for N200TS.

AeroGurus Market Estimate AME

$549,000
Range: $522,000 — $549,000
Confidence: 40%
vs. Market
-10%
Good Deal

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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.