2002 Piper Arrow III PA28R-201 for sale

2002 Piper Arrow III PA28R-201

Single Engine Piston

FOR SALE
$179,000
Location Winter Park, FL
Total Time 3,487 hrs
Seats 4
Reg # N338PA
Cruise 135 kts (250 km/h)
✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Description

N338PA 2002 Piper Arrow PA 28R-201 Lycoming IO360C1C6 Airframe Total Time: 3487 Engine SFRM: 1874 Prop SMOH: 655 ELT 11/2027 IFR Cert 4/2028 Hangered at KFMY KORL Avionics Audio Panel: Garmin 340 Nav/Comm: (2) Garmin GNS 430W Transponder: GTX 345 Autopilot: STEC 55X HSI: BENDIX KING KCS-55A CDI: GARMIN GI 106 Excellent compression and engine oil analysis, owned for 3 years, flown regularly throughout the southeast, absolutely no squawks. Maintained with an open checkbook by Bill Turley at Aircraft Engineering (KBOW). Recent annual completed (4/2026), Full digital logs available.

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

Price Comparison 1 active offer

Source Price Action
Douglas Francisco
barnstormers.com
$179,000

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AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Piper Arrow III PA28R-201

This 2002 Piper Arrow III PA28R-201 (N338PA) is a 4-seat single engine piston with 3,487 hours on the airframe. This aircraft is listed at the market average at $179,000.

The Arrow III PA28R-201 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 Jet-A prices (~$5.50/gal) means approximately $58/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 3,487 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: 3,487 hours — verify engine time vs TBO (2,000 hrs)
Budget $158 for pre-purchase inspection

Piper Arrow III PA28R-201 — Model Specs

Model specification

Standard specs for this model. Actual aircraft may differ.

Seats
4
Cruise Speed
135 kts (250 km/h)
Max Speed
144 kts (267 km/h)
Range
720 nm (1,333 km)
Ceiling
15,400 ft (4,694 m)
Max Weight
2,750 lbs (1,247 kg)
Useful Load
940 lbs (426 kg)
Horsepower
200 HP
Fuel Capacity
72 gal (273 L)
Fuel Burn
10.5 GPH (40 L/h)
TBO
2,000 hrs

Estimated Cost of Ownership

AeroGurus estimate

PIPER Arrow

Fuel Burn
10.5 GPH
~$68/hr
Variable Cost
$145/hr
fuel + mx + reserves
Annual Fixed
$18,000/yr
hangar + insurance + annual
Engine Overhaul
$30,000
every 2,000 hrs

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 N338PA.

Location & Ownership

FAA records

Aircraft Location

Winter Park, FL

Seller reported 1077 more aircraft in FL →

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 N338PA against the NTSB accident database.

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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.