1979 Piper Arrow
Single Engine Piston
Aircraft Details
Seller reportedDescription
Unique opportunity to acquire a 75% ownership interest in a well‑maintained Piper Arrow, along with a hangar, all held within a clean corporate structure. This setup offers a smooth, low‑risk transition for the buyer and eliminates the usual complications of shared aircraft ownership. The aircraft and hangar are owned by a corporation, so instead of transferring FAA registration or renegotiating airport leases, the buyer simply purchases a 75% share of the company. This provides several advantages: Liability protection - ownership is through the corporation, not personal. Simplified transfer - no FAA registration changes, no new Bill of Sale, no downtime. Hangar included - access transfers automatically through the corporate structure. Clear operating framework - expenses, scheduling, and responsibilities are already organized. Ideal for someone wanting affordable, structured aircraft ownership without the headaches. This is a great fit for a pilot who wants the benefits of aircraft ownership with reduced cost, secure hangar space, and a stable, well‑managed arrangement.
Description and equipment details provided by the seller. AeroGurus does not verify seller-provided information.
Price Comparison
| Source | Price | Location | Listed | Days on Market | Status | Action |
|---|---|---|---|---|---|---|
|
Dean Hanchett
trade-a-plane.com
|
$105,000
|
Saginaw, MI | May 05, 2026 | 73 days | Active |
Estimate Monthly Payment
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AeroGurus Data & Analysis
Independent data from FAA, NTSB, and market analysis
About This Piper Arrow
This 1979 Piper Arrow (N29305) is a 4-seat single engine piston with 3,881 hours on the airframe. There are currently 218 Arrow aircraft listed for sale with asking prices ranging from $119 to $417,623. This aircraft is priced below the market average at $105,000.
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 3,881 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 Arrow — 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 N29305.
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 safety data coming soon.
We'll check N29305 against the NTSB accident database.
Price vs Typical Asking Range
This asking price is below the typical asking range for this model, roughly $112,008–$168,986.
Based on current asking prices for comparable listings — asking prices only, not an appraisal or sale price.
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