Piper Arrow Aircraft under $300,000
139 used Piper Arrow aircraft for sale under $300,000 · 4-seat · $44K – $292K · updated 7 min ago
About the Piper Arrow
The Piper Arrow (PA-28R, also called the Cherokee Arrow) is the retractable-gear, 200-hp member of the PA-28 family. It is the classic complex trainer for the commercial certificate, adding constant-speed prop and retractable gear to the familiar Cherokee handling. Variants include the Arrow II, the longer-body Arrow III, the T-tail Arrow IV, and the Turbo Arrow III/IV with a turbocharged 200-hp engine for better high-altitude cruise. Typical cruise is around 137 knots, faster than any fixed-gear Cherokee.
Piper Arrow Specifications
Model specThe Piper Arrow is a 4-seat single engine piston with a cruise speed of 135 kt (250 km/h), a range of 720 nm (1,333 km), and a useful load of 940 lbs (426 kg).
139 Piper Arrow For Sale
Browse all 139 listings →There are currently 139 used Piper Arrow for sale, ranging from $44,950 to $292,315, with a median asking price of $133,981.
Compare Piper Arrow
See how the Piper Arrow stacks up against similar aircraft in specs, price, and operating costs.
Piper Arrow Price & Cost
How much does a Piper Arrow cost? Used Arrow prices: $44K – $292K, average $140K (median $133K), across 138 priced of 139 active listings.
Based on 72 priced listings.
Key price factors: engine time to overhaul, year and airframe hours, avionics, damage history and logbook completeness — see the buying guide below for the full pre-purchase checklist.
Piper Arrow Value by Model Year
Median asking price by year of manufacture. Newer airframes command a premium; value falls with age then plateaus on older models.
Lowest around $204,900 (2001 models) · highest around $491,000 (2023). Bars scaled across the range to show the depreciation curve; hover for exact medians.
Buying a Used Piper Arrow
Every Piper Arrow faces a mandatory 2,000-hour overhaul, so the single biggest factor in used price is how much time remains before that overhaul is due — a fresh-overhaul airframe can be worth a large share of the $30,000 overhaul cost more than one approaching its limit.
What to check before buying
- Time to overhaul — hours and years remaining to the 2,000-hour limit; this dominates resale value more than total time.
- Logbook completeness — continuous, gap-free maintenance records; missing logs cut value and complicate financing.
- Damage history — any prior accident, hard landing or blade strike; cross-check the registration against accident databases.
- Avionics — a glass panel vs steam gauges materially changes price.
- Pre-buy inspection — always commission an independent inspection by a type-experienced mechanic before money changes hands.
Frequently Asked Questions — Piper Arrow
What is the difference between the Arrow II, III and IV?
How fast is a Piper Arrow?
Is the Piper Arrow a good complex trainer?
Does the Arrow have the PA-28 wing-spar AD?
Piper Arrow Inventory by Country
| United States | 419 |
| United Kingdom | 39 |
| Germany | 20 |
| Canada | 16 |
| Australia | 12 |
| Italy | 10 |
Piper Arrow Inventory by State
| California | 51 |
| Texas | 45 |
| Florida | 44 |
| Kentucky | 18 |
| Illinois | 10 |
| Missouri | 10 |
| Oklahoma | 10 |
| Arizona | 10 |
| Louisiana | 9 |
| North Carolina | 9 |
| Georgia | 9 |
| South Carolina | 9 |
Piper Arrow by Price
| Under $100k | 191 |
| Under $200k | 416 |
| Under $300k | 445 |
| Under $500k | 465 |
Recently Sold Piper Arrow
| 1977 Arrow | $134,196 |
| 1963 Cherokee 235 | $125,000 |
| 1966 Cherokee 180 | $53,580 |
| 1979 Archer | $190,000 |
| 2005 Arrow | $300,552 |
| 1967 Cherokee 160 | $34,535 |
Piper Arrow Safety Record
No NTSB events on record for the Piper Arrow. Individual aircraft safety records may be available on detail pages.
Source: NTSB Aviation Accident Database