1978 Piper TURBO ARROW III
Single Engine Piston
Aircraft Details
Seller reportedAvionics & Equipment
IFRDescription
Clean low time Piper Turbo Arrow III (conventional tail) with only 3360 hours since new. Continental factory rebuild has 1815 hours (FB engine with VAR crank). King digital package with King GPS and ADS-B out transponder. Clean original paint with touchup and refurbished leather interior. Complete logbooks since new and no major damage history. Annual due June 1, 2026. Can price with "0" time engine if desired. Airplane time state: Low time airframe has 3360 hours since new. Complete logbooks. No major damage history. Very light hail on horizontal stabilator. Annual due June 1, 2026 Engine is a factory rebuild completed in 1998. FB engine with VAR crank has 1815 hours. Compressions 65+ at last annual. Can price with a "0" time engine if desired.
Engine
Continental remanufactured engine has 1815 hours on FB engine (VAR crank) done in 1998. Compressions last annual inspection were 65+. Pressurized magnetos had recent 500 hour inspection.
Interior
Clean what appears to be original paint with touchup. Allover White with Gold and Brown accent striping. Hangared. Overall in fair condition with normal wear in high wear areas. Rated 6 Interior was refurbished in 1998 in Brown and Tan leather seats with coordinating side panels and Brown carpeting. Generally in good condition with normal wear. Rated 6
Exterior
Allover White with Gold and Brown accent. Appears to be original with touchup. Hangared. In good condition with normal wear and tear in higher wear areas.
Inspection
Annual due June 1, 2026 and useful
Description and equipment details provided by the seller. AeroGurus does not verify seller-provided information.
Price Comparison Listed on multiple marketplaces
| Source | Price | Location | Listed | Days on Market | Status | Action |
|---|---|---|---|---|---|---|
|
DeTray Aviation
trade-a-plane.com
|
$109,900
|
Bucyrus, OH | Mar 20, 2026 | 122 days | Active |
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Piper TURBO ARROW III loan calculator
AeroGurus Data & Analysis
Independent data from FAA, NTSB, and market analysis
About This Piper TURBO ARROW III
This 1978 Piper TURBO ARROW III (N2855M) is a 4-seat single engine piston with 3,360 hours on the airframe. There are currently 2 TURBO ARROW III aircraft listed for sale with asking prices ranging from $92,500 to $109,900. This aircraft is priced above the market average at $109,900.
The TURBO ARROW III cruises at 135 kts (250 km/h) with a range of 720 nm (1,333 km) — ideal for short hops and local flights. Service ceiling of 15,400 ft allows operation above most weather.
Operating costs: Fuel burn is 10.5 GPH (40 L/h), which at current 100LL avgas prices (~$6.20/gal) means approximately $65/hr in fuel alone. Total variable cost including maintenance reserves is approximately $145/hr. Annual fixed costs (hangar, insurance, crew, annual inspection) average $18,000. With 3,360 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
Piper TURBO ARROW III — Model Specs
Model specificationStandard specs for this model. Actual aircraft may differ.
Estimated Cost of Ownership
AeroGurus estimatePIPER Arrow
AeroGurus estimates based on industry averages for the PIPER Arrow. Actual costs vary by location, usage, maintenance history, and configuration. Not a financial quote.
Ownership & Registration
FAA registration data pending for N2855M.
Location & Ownership
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 database checked for N2855M.
Price History
Price vs Typical Asking Range
This asking price is below the typical asking range for this model, roughly $109,450–$166,626.
Based on current asking prices for comparable listings — asking prices only, not an appraisal or sale price.
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