1981 Piper Cheyenne for sale

1981 Piper Cheyenne

Multi Engine Turboprop

FOR SALE
$1,095,000
Location Auburn, AL
Total Time 6,480 hrs
Engine SMOH 3,290 hrs
Seats 8
Reg # N390JP
Cruise 240 kts (444 km/h)
✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

IFR
All new Garmin Panel including Garmin Radar and VNAV function

Description

Highly Modified Cheyenne IIXL. Ram Air Recovery with Speed Stacks. New MT 5 blade Propellers New Garmin Panel with new Garmin Radar and dual 275 Battery Backups Stec 3100 Autopilot with VNAV option. Shadin Fuel Computer

Propeller

Props installed new from MT Propeller in Deland Florida last year

Interior

Interior is a 7 out of 10

Exterior

Paint is a 7 out of 10

Inspection

Event 1& 2 completed May 2025 New Ship Battery Installed 3-1-24

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

Price Comparison 1 active offer

Source Price Action
Jim Parker
controller.com
$1,095,000
Jim Parker
aviationtrader.com.au
$1,240,773 *
AUD $1,729,638
Jim Parker
controlleremea.co.uk
$1,114,278 *
GBP £827,552

* Converted to USD at daily European Central Bank (ECB) exchange rates

Estimate Monthly Payment

Piper Cheyenne loan calculator

AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Piper Cheyenne

This 1981 Piper Cheyenne (N390JP) is a 8-seat multi engine turboprop with 6,480 hours on the airframe. There are currently 25 Cheyenne aircraft listed for sale with asking prices ranging from $495,000 to $1,514,887. This aircraft is priced above the market average at $1,095,000.

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 6,480 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: 6,480 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

FAA registration data pending for N390JP.

Location & Ownership

FAA records

Aircraft Location

Auburn, AL

Seller reported 63 more aircraft in AL →

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 N390JP against the NTSB accident database.

Price History

2 price events · sources: aviationtrader.com.au, controller.com

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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.