1978 Piper Arrow for sale

1978 Piper Arrow

Single Engine Piston

FOR SALE
$150,000above typical asking range
Location Spanish Fork, UT
Total Time 2,739 hrs
Engine SMOH 836 hrs
Seats 4
Serial # 28R-7803179
Reg # N3587M
Cruise 135 kts (250 km/h)
✓ Clean NTSB

Aircraft Details

Seller reported

Avionics & Equipment

IFR

GMA 340 Audio Panel GTX 327 Transponder GDL 88 ADS-B In/Out GNS 430W Flight Stream 210

Description

The Turbo Arrow III combines a sleek, aerodynamic design with a spacious comfortable cabin, perfect for cross-country flights, flight training, or weekend getaways. ​Whether you’re looking to upgrade your fleet, start your aviation journey, or simply enjoy the thrill of flying, this 1978 Piper Turbo Arrow III is an outstanding choice. Available exclusively through PacTex Aviation, contact us today to learn more or schedule a personal showing. ​*This aircraft has gone through the PacTex multi-point audit inspection prior to being listed.

Engine

TSIO-360-FB6B Exhaust overhauled in 2022

Interior

Factory interior and paint.

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

Price Comparison Listed on multiple marketplaces

Source Price Action
Pactex Aviation
trade-a-plane.com
$150,000
Pactex Aviation
aircraftforsale.com
$150,000

Estimate Monthly Payment

Piper Arrow loan calculator

AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Piper Arrow

This 1978 Piper Arrow (N3587M) is a 4-seat single engine piston with 2,739 hours on the airframe. There are currently 219 Arrow aircraft listed for sale with asking prices ranging from $119 to $417,623. This aircraft is priced above the market average at $150,000.

The Arrow 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 2,739 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: 2,739 hours — verify engine time vs TBO (2,000 hrs)
Compare prices across multiple sources — same aircraft, different marketplaces
Budget $158 for pre-purchase inspection

Piper Arrow — Model Specs

Model specification

Standard specs for this model. Actual aircraft may differ.

Seats
4
Cruise Speed
135 kts (250 km/h)
Max Speed
144 kts (267 km/h)
Range
720 nm (1,333 km)
Ceiling
15,400 ft (4,694 m)
Max Weight
2,750 lbs (1,247 kg)
Useful Load
940 lbs (426 kg)
Horsepower
200 HP
Fuel Capacity
72 gal (273 L)
Fuel Burn
10.5 GPH (40 L/h)
TBO
2,000 hrs

Estimated Cost of Ownership

AeroGurus estimate

PIPER Arrow

Fuel Burn
10.5 GPH
~$68/hr
Variable Cost
$145/hr
fuel + mx + reserves
Annual Fixed
$18,000/yr
hangar + insurance + annual
Engine Overhaul
$30,000
every 2,000 hrs

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 N3587M.

Location & Ownership

FAA records

Aircraft Location

Spanish Fork, UT

Seller reported 123 more aircraft in Utah →

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 N3587M against the NTSB accident database.

Price vs Typical Asking Range

This asking price is above 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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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.