1981 Piper Cheyenne for sale

1981 Piper Cheyenne

Multi Engine Turboprop

FOR SALE
$750,000below typical asking range
Location Santiago CHL
Total Time 5,600 hrs
Engine SMOH 1,850 hrs
Seats 8
Serial # 31T-8104063
Cruise 240 kts (444 km/h)
✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

IFR

GARMIN GTN 600 750 GARMIN GNS 530 GARMIN 340 A. PANNEL. GARMIN GTX 345 TDR TCI ALT. ENCODER BENDIX KING DME BENDIX KING COM.

Description

Very Clean Aircraft, NDH, always hangared, all logbooks, low time airframe and engines, in airworthy condition.

Engine

1850 HRS. TTSMOH L R. 50 HRS SHSI L R.

Propeller

5600 hrts. TTSN

Interior

INTERIOR IN EXELENT CONDITION IN EXECUTIVE CONFIGURATION 7 SEATS. 8.5 OF 10 EXTERIOR IN VERY GOOD CONDITION WHITE AND GRAY WITH BLUE LINE. 8.5 OF 10.

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

Price Comparison

Source Price Action
Listing Source
trade-a-plane.com
$750,000

Estimate Monthly Payment

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AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Piper Cheyenne

This 1981 Piper Cheyenne is a 8-seat multi engine turboprop with 5,600 hours on the airframe. There are currently 25 Cheyenne aircraft listed for sale with asking prices ranging from $495,000 to $1,530,222. This aircraft is priced below the market average at $750,000.

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 5,600 hours on the airframe, this aircraft has exceeded TBO (3,500 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: 5,600 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)
Horsepower
620 HP
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

Registration number not available.

Location & Ownership

FAA records

Aircraft Location

Santiago CHL

Seller reported

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.

Price vs Typical Asking Range

This asking price is below the typical asking range for this model, roughly $761,250–$1,096,694.

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.