1998 Piper Saratoga for sale

1998 Piper Saratoga

Single Engine Piston

FOR SALE
$494,900above typical asking range
Location Lexington (), KY
Total Time 2,000 hrs
Engine SMOH 634 hrs
Seats 6
Serial # 3246115
Reg # N115HP
Cruise 163 kts (302 km/h)
✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

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Description

Make: Piper Model: Saratoga II HP Year: 1998 Price: $494,900 N-Number: N115HP Serial: 3246115 Contact: Sav Savane Do you like Garmin? If so, this is the Saratoga II HP for you! Exceptional cosmetics inside and out bolstered by a stellar, all Garmin avionics suite. Many redeeming qualities to this Saratoga that will carry you and yours for many years to come. Specifications are subject to verification upon inspection. This aircraft is offered subject to prior sale or lease and may be withdrawn from the market without notice. Home About Connect with Us Buying Selling Aircraft for Sale Members Area BLOG Podcast Airmart Certified Edition (ACE) Aircraft Guarantee Lending (AGL) Alphajets Webinar Press Releases 4144 Aviator Rd #150 Lexington, KY 40510 Located at the Blue Grass Airport (KLEX) Specifications for this aircraft are believed to be accurate but are not warranted. It is the responsibility of the buyer to confirm all specifications, equipment, and times. AirMart does not represent or warrant the working order, merchantability, or operability of any equipment. Airplanes are dynamic assets whose condition, availability, and details may change without notice. All information is subject to independent verification and inspection by the buyer. Availability cannot be guaranteed, as the aircraft may be sold, leased, or withdrawn from the market at any time. AIRMART AIRCRAFT SALES BROKERAGE | ALL RIGHTS RESERVED | PRIVACY POLICY | TERMS AND CONDITIONS | SITEMAP

Engine

Engine Hours: 634 Hours SFOH Lycoming IO-540-K1G5 300 HP Prop Hours: 48 Hours SPOH 3-Blade Hartzell Prop Polished Spinner

Propeller

Airframe Hours: 2000 Hours SNEW

Interior

7.5 out of 10 Light gray leather seats and coordinating side panels with matching carpeting, window shades, seat belts, shoulder harnesses Sheepskin crew seats Club seating in rear cabin with executive table and center console with cup holders and cooler compartment Factory air conditioning!

Exterior

8 out of 10 Beautiful Custom Paint Matterhorn White over Black Velvet Metallic with Medium Silver Metallic Trim Stripes Completed by Reese Aircraft 12/12. Stunning!

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

Price Comparison Listed on multiple marketplaces

Source Price Action
AirMart - Sav Savane
trade-a-plane.com
$494,900

Estimate Monthly Payment

Piper Saratoga loan calculator

AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Piper Saratoga

This 1998 Piper Saratoga (N115HP) is a 6-seat single engine piston with 2,000 hours on the airframe. There are currently 121 Saratoga aircraft listed for sale with asking prices ranging from $187 to $745,000. This aircraft is priced above the market average at $494,900.

The Saratoga cruises at 163 kts (302 km/h) with a range of 950 nm (1,759 km) — ideal for short hops and local flights. Service ceiling of 20,000 ft allows operation above most weather.

Operating costs: Fuel burn is 15 GPH (57 L/h), which at current 100LL avgas prices (~$6.20/gal) means approximately $93/hr in fuel alone. Total variable cost including maintenance reserves is approximately $170/hr. Annual fixed costs (hangar, insurance, crew, annual inspection) average $20,000. With 2,000 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: 2,000 hours — verify engine time vs TBO (2,000 hrs)
Compare prices across multiple sources — same aircraft, different marketplaces
Budget $225 for pre-purchase inspection

Piper Saratoga — Model Specs

Model specification

Standard specs for this model. Actual aircraft may differ.

Seats
6
Cruise Speed
163 kts (302 km/h)
Max Speed
170 kts (315 km/h)
Range
950 nm (1,759 km)
Ceiling
20,000 ft (6,096 m)
Max Weight
3,600 lbs (1,633 kg)
Useful Load
1,360 lbs (617 kg)
Horsepower
300 HP
Fuel Capacity
102 gal (386 L)
Fuel Burn
15 GPH (57 L/h)
TBO
2,000 hrs

Estimated Cost of Ownership

AeroGurus estimate

PIPER Saratoga

Fuel Burn
15.0 GPH
~$98/hr
Variable Cost
$170/hr
fuel + mx + reserves
Annual Fixed
$20,000/yr
hangar + insurance + annual
Engine Overhaul
$32,000
every 2,000 hrs

AeroGurus estimates based on industry averages for the PIPER Saratoga. Actual costs vary by location, usage, maintenance history, and configuration. Not a financial quote.

Ownership & Registration

FAA registration data pending for N115HP.

Location & Ownership

FAA records

Aircraft Location

Lexington (), KY

Seller reported 167 more aircraft in Kentucky →

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 N115HP against the NTSB accident database.

Price vs Typical Asking Range

This asking price is above the typical asking range for this model, roughly $369,500–$406,067.

Based on current asking prices for comparable listings — asking prices only, not an appraisal or sale price.

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Prices and listings re-checked on a rolling cycle — most within a few days · 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.