2002 Piper PA-28-181
FOR SALE Good Deal

2002 Piper PA-28-181

Single Engine Piston

$149,000
Location Billings, MT
Total Time 12,808 hrs
Engine SMOH 853 hrs
Seats 4
Serial # 2843527
Reg # N423RM
Engine Lycoming O-360-A4M;O-360-A4A
ICAO Type P28A

Equipment & Features

Engine SMOH
853 hrs
Prop SMOH
1301 hrs

Sensenich 76EM8S14-0-62

✓ Clean NTSB 2 ADs ✓ Verified recently ⚠ High time

Aircraft Details

Seller reported

Engine

Lycoming O-360-A4M, O-360-A4M

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

Price Comparison 1 active offer

Source Price Action
Hiller Aviation Consulting
trade-a-plane.com
$149,000

Estimate Monthly Payment

Piper PA-28-181 loan calculator

AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Piper PA-28-181

This 2002 Piper PA-28-181 (N423RM) is a 4-seat single engine piston with 12,808 hours on the airframe. There are currently 44 PA-28-181 aircraft listed for sale with asking prices ranging from $25,000 to $434,900. This aircraft is priced below the market average at $149,000.

Operating costs: Fuel burn is 10 GPH (38 L/h), which at current Jet-A prices (~$5.50/gal) means approximately $55/hr in fuel alone. Total variable cost including maintenance reserves is approximately $110/hr. Annual fixed costs (hangar, insurance, crew, annual inspection) average $15,000. With 12,808 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. There are 2 airworthiness directives applicable to this aircraft type — review AD compliance carefully before purchase.

Pre-Purchase Checklist

Safety record: 0 NTSB incidents
Airframe: 12,808 hours — verify engine time vs TBO (2,000 hrs)
Check 2 ADs compliance — mandatory before flight
Budget $150 for pre-purchase inspection

Piper PA-28-181 — Model Specs

Model specification

Standard specs for this model. Actual aircraft may differ.

Seats
4
Max Speed
105 kts (194 km/h)
Max Weight
12,500 lbs (5,670 kg)
Fuel Burn
10 GPH (38 L/h)
TBO
2,000 hrs

Estimated Cost of Ownership

AeroGurus estimate

PIPER PA-28-181

Fuel Burn
10.0 GPH
~$65/hr
Variable Cost
$110/hr
fuel + mx + reserves
Annual Fixed
$15,000/yr
hangar + insurance + annual
Engine Overhaul
$25,000
every 2,000 hrs

AeroGurus estimates based on industry averages for the PIPER PA-28-181. Actual costs vary by location, usage, maintenance history, and configuration. Not a financial quote.

Ownership & Registration

FAA registration data pending for N423RM.

Location & Ownership

FAA records

Aircraft Location

Billings, MT

Seller reported 41 more aircraft in MT →

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 N423RM against the NTSB accident database.

Airworthiness Directives — Piper PA-28-181

ADs are mandatory safety instructions issued by the FAA. 2 recent ADs found for this aircraft type.

2005-19-20 2005-11-04

The New Piper Aircraft, Inc., Models PA-28-160, PA-28-161, PA-28-180, and PA-28-181 Airplanes

View full AD →
2004-14-12 2004-08-10

The New Piper Aircraft, Inc., Models PA-28-161, PA-28-181, PA-28R-201, PA-32R-301 (HP), PA-32R-301T, PA-32-301FT, PA-32-301XTC, PA-34-220T, PA-44-180, PA-46-350P, and PA-46-500TP Airplanes

View full AD →

Source: FAA Airworthiness Directives database. Showing most recent ADs for this aircraft type.

AeroGurus Market Estimate AME

$244,450
Range: $169,000 — $304,900
Confidence: 70%
vs. Market
-39%
Great Deal

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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.