Piper M700 vs Piper Cherokee

Full Specs Comparison

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Spec / Model Piper M700 Piper Cherokee
Piper M700
View 29 listings →
Median $4,489,000
Piper Cherokee
View 629 listings →
Median $110,637
Price Range $3,815,508 – $4,582,731 $9,800 – $9,950,010
Category Single Engine Turboprop Single Engine Piston
Model Specifications
Seats 6 4
Horsepower 150 HP
Cruise Speed 275 kts (509 km/h) 117 kts (217 km/h)
Range 1,437 nm (2,661 km) 525 nm (972 km)
Service Ceiling 30,000 ft (9,144 m) 14,300 ft (4,359 m)
Max Gross Weight 6,000 lbs (2,722 kg) 2,150 lbs (975 kg)
Useful Load 1,772 lbs (804 kg) 850 lbs (386 kg)
Fuel Capacity 260.0 gal (984 L) 50.0 gal (189 L)
Fuel Burn 44.0 GPH (167 L/h) 8.0 GPH (30 L/h)
TBO 2,000 hrs
Overhaul Cost $28,000
Annual Fixed $16,000
Hourly Variable $120
Engines 1 x Turboprop 1 x Piston

Cost of Ownership

Estimate

Piper M700

Fuel$242/hr

Piper Cherokee

Fuel$44/hr
Variable$120/hr
Annual Fixed$16,000/yr
Total (200 hrs/yr) $40,000/yr

Which Should You Buy: Piper M700 or Piper Cherokee?

Pick the M700 if…

  • More seats — 6 vs 4.
  • Faster cruise — 275 kts vs 117 kts.
  • Longer range — 1437 nm vs 525 nm.
  • Newer design — production from 2023 vs 1961.

Pick the Cherokee if…

  • Budget matters — from $9,800 vs $3,815,508, you save ~$3,805,708.
  • More inventory — 629 listings vs 29.

Auto-generated from current market data and published specs. Confirm with a pre-buy inspection and professional appraisal.

Frequently Asked Questions

Which is better, Piper M700 or Piper Cherokee?
It depends on your mission and budget. The M700 cruises at 275 kts with 1,437 nm range. The Cherokee cruises at 117 kts with 525 nm range. Review the specs table above to find which fits your flying profile.
How do prices compare?
Piper Cherokee: from $115,000. Prices vary by year, hours, avionics, and condition. Always get a pre-buy inspection.
What's the difference between Piper M700 and Piper Cherokee?
Seats: 6 vs 4. Cruise: 275 vs 117 kts. Range: 1437 vs 525 nm.
Which is cheaper to operate per hour?
Cherokee: about $120/hr variable cost. Variable cost includes fuel, reserves and overhaul accruals. Annual fixed costs (hangar, insurance, annual inspection) add to the total.
Which has more seats and useful load?
M700: 6 seats / 1,772 lb useful load. Cherokee: 4 seats / 850 lb useful load. Useful load = max gross weight minus empty weight; it determines how much fuel plus payload you can carry.
How does maintenance compare — TBO and overhaul cost?
Cherokee: 2,000-hour TBO, overhaul ~$28,000. Reaching the time-between-overhaul (TBO) triggers a mandatory engine/airframe rebuild that affects resale value.
Disclaimer: All prices and cost estimates are from third-party sources for informational purposes only. Always obtain professional appraisal and inspection before purchase.
Prices updated daily · Data: FAA Registry, NTSB · About our data