1978 Piper Cheyenne for sale

1978 Piper Cheyenne

Multi Engine Turboprop

FOR SALE
$549,000Overpriced
Location Gaithersburg, MD
Total Time 9,710 hrs
Engine SMOH 4,055 hrs
Seats 8
Serial # 7804005
Reg # N96MA
Engine Turbo-prop ×2
Cruise 240 kts (444 km/h)
✓ FAA Valid ✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

BTH

AUTOPILOT King KFC-250 AUDIO PANEL Garmin GMA 340 FLIGHT DIRECTOR King KFC-250 GPS/NAV/COMMS Garmin GNS-530WT GNS-430W MFD Garmin GMX 200 RAD ALT King KRA-10 RADAR King ART-2100 STANDBY Garmin G5 TERRAIN Terrain via Garmin GNS-530WT TRANSPONDER Garmin GTX-345 (ADSB In Out) XM WEATHER Garmin GDL-69A

Description

Reasons to buy this ready to fly 1978 Piper Cheyenne I: • Garmin Upgrades: GNS-530WT GNS-430W (Coupled WAAS/LPV), G5 (Standby), GMX-200 (Displays Radar), GTX-345 (ADS-B In/Out), GDL-69A (XM Datalink) • Events I II in November 2025 by Aircraft Turbine Works • -11 Engines: 533 Hours Since Hot Section • McCauley 4-Blade Props: 458 Hours Since Overhaul Asking $549,000.

Engine

Engines: Pratt and Whitney PT6A-11 #1 533 SHSI / 4055 SMOH / 3600 TBO #2 533 SHSI / 4055 SMOH / 3600 TBO Engines are being run "on-condition" Propellers: McCauley 4 Blade #1: 458 SMOH (October 2022) #2: 458 SMOH (October 2022)

Interior

Overall white with maroon and gold accent stripes.

Exterior

Five passenger configuration with seats finished in tan leather. Aft refreshment center. Aft belted potty seat.

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

Price Comparison 1 active offer

Source Price Action
AeroSolutions
trade-a-plane.com
$549,000
AeroSolutions
aso.com
$549,000
Overall White
globalplanesearch.com
Call for Price
AeroSolutions
aviationtrader.com.au
$565,928

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 (N96MA) is a 8-seat multi engine turboprop with 9,710 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 $549,000.

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 9,710 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 (GOLDIELOCHS AIR LLC)
Safety record: 0 NTSB incidents
Airframe: 9,710 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

GOLDIELOCHS AIR LLC

Registration Address

ANNAPOLIS, MD

Certificate Issued

2024-05-17

Airworthiness

1978-07-31

FAA Status

Valid

Source: FAA Aircraft Registry, updated Mar 15, 2026

Location & Ownership

FAA records

Aircraft Location

Gaithersburg, MD

Seller reported 96 more aircraft in MD →

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 N96MA.

AeroGurus Market Estimate AME

$549,000
Range: $522,000 — $549,000
Confidence: 40%
vs. Market
0%
Fair 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.