1983 Piper Cheyenne for sale

1983 Piper Cheyenne

Multi Engine Turboprop

CLEAN HISTORY FOR SALE
$1,399,999
Location Fort Lauderdale, FL
Total Time 8,589 hrs
Engine SMOH 8,453 hrs
Seats 8
Serial # 31T816650
Reg # N4938S
Damage History Clean per seller
Engine Turbo-prop ×2
Cruise 240 kts (444 km/h)
✓ FAA Valid ✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

IFR
New avionics upgrade in 2024 including new instrument panel sheet metal wiring switches circuit breakers placards lighting and switch panels. • New Garmin G600TXi 10.6 inch pilot side Primary Flight Display • New Garmin G600TXi 7 inch co-pilot side Multi-function Display • New Garmin G600TXi 7 inch for E.I.S. • New Dual Garmin GTN750Xi Touch Screen Navigators • New Garmin Synthetic Vision Technology (SVT) • New Garmin GEA71B Engine Indicating System (E.I.S.) • New Garmin GMA35 Remote Stereo Audio Panel w/ 6-place intercom • New Garmin GTX345R ADS-B in/out Transponder • Garmin GTX330ES ADS-B out Second Transponder • New Garmin GI275 ADAHRS Standby Attitude Indicator • New STEC3100 3-axis autopilot w/ pitch roll yaw and automatic pitch trim • Bendix/King RDR 2000 Color Radar • New Aircraft Components Inc. Voice Alert 2040-1-2 System • New Garmin “Telligence” Voice Control System • New Garmin Flightstream 510 • New Jeppesen Chartview Enablement (subscription required) • Ryan 9900 BX Active Traffic System • Golze Iridium Satellite Receiver

Description

One of a kind! Fully upgraded panel with Garmin G600TXi and GTN750Xi. Brand new custom leather interior, sidewalls, carpet and cabinetry. Not many other planes offer the speed, range and load carrying capability of the Cheyenne II XL.

Engine

Engine 1 Time: 8,453.3 SNEW Engine 1 TBO: 3,600 Engine 1 Notes: • Left Engine : TSN 8,453.3 hours , TSO 1,298.7 hours Engine 2 Time: 8,452.2 SNEW Engine 2 Notes: • Right Engine : TSN 8,452.2 hours, TSO 594.0 hours Prop Notes: • L. Prop: TSN 5,753.2 hours, TSO 46.8 hours (2021) • R. Prop: TSN 2,199.1 hours, TSO 46.8 (2021)

Propeller

• L. Prop: TSN 5,753.2 hours, TSO 46.8 hours (2021) • R. Prop: TSN 2,199.1 hours, TSO 46.8 (2021)

Interior

• New in 2024 7-seat Moore & Giles grey leather interior w/ red accent stitching • New sidewalls and carpet • New inner cockpit and cabin side windows • New refinished forward and aft storage cabinets • Lemo jacks and USB power outlets cockpit and cabin • Air-conditioning

Exterior

• 2003 repaint by Pilatus Switzerland in White over Grey w/ red pin stripe in very good condition • De-Icing FIKI new boots in 2011/12 • Cargo Door

Inspection

• Annual completed: March 2025 • Useful load: 3,802 lbs. Full fuel (366 gal.) payload 1,350 lbs. • No known damage history • Clean engine borescope inspection

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

Price Comparison 1 active offer

Source Price Action
Premier Aircraft Sales
trade-a-plane.com
$1,399,999
Listing Source
aso.com
$1,399,999
Premier Aircraft Sales
aircraftdealer.com
$1,495,000
New Avionics Upgrade
globalplanesearch.com
$1,399,999
Listing Source
globalplanesearch.com
$1,495,000
Jeff Owen
controller.com
$1,399,999
Premier Aircraft Sales
controlleremea.co.uk
$1,424,647 *
GBP £1,058,057
Premier Aircraft Sales
aviationtrader.com.au
$1,446,300

* 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 1983 Piper Cheyenne (N4938S) is a 8-seat multi engine turboprop with 8,589 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 $1,399,999.

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 8,589 hours on the airframe, this aircraft has exceeded TBO (3,500 hrs) — verify engine status and overhaul reserve.

FAA registration status: Valid. NTSB records show 0 incidents for this airframe — a clean safety record.

Pre-Purchase Checklist

FAA registration: Valid (AVIATION TRUST CO LLC TRUSTEE)
Safety record: 0 NTSB incidents
Airframe: 8,589 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

Registered Owner

AVIATION TRUST CO LLC TRUSTEE

Registration Address

OKLAHOMA CITY, OK

Certificate Issued

2022-05-23

Airworthiness

2024-05-15

FAA Status

Valid

Source: FAA Aircraft Registry, updated Mar 15, 2026

Location & Ownership

FAA records

Aircraft Location

Fort Lauderdale, FL

Seller reported 1077 more aircraft in FL →

Title Status

No FAA title records

Available for US-registered aircraft only

Location note: Listed in Fort Lauderdale, FL but FAA registration shows OKLAHOMA CITY, OK. Aircraft may have been relocated. Confirm current location with seller.

Source: FAA Aircraft Registry, FAA Civil Aviation Registry (DocIndex). Title data may be delayed. Always verify with an aviation attorney before purchase.

Safety Record

No incidents found

NTSB database checked for N4938S.

Price History

7 price events · sources: aso, aso.com, aircraftdealer.com, globalplanesearch.com, trade-a-plane.com, controlleremea.co.uk

AeroGurus Market Estimate AME

$1,399,999
Range: $1,399,999 — $1,399,999
Confidence: 40%
vs. Market
0%
Fair 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.