Valuation Advice for High-Time Piper
I’m considering listing a high-time Piper and would appreciate input from owners who know these aircraft well.
The aircraft is N16319 with a Lycoming O-360-A4A. Total time is 15,400 hours, tach time is 9,008 hours, engine TSO is 4,172 hours, SMOH is 2,762.51 hours, and prop time is 376.8 hours. Next annual is due September 26, 2026.
The aircraft is is really good condition. Compressions are strong at 79/80, 78/80, 78/80, and 78/80. It is AD compliant, wing spar check is complete, IFR certified, and has a Garmin 696, uAvionix tailBeacon, gap seals, autopilot, dual Bendix/King 165 nav/comms, and complete records.
What would be a realistic asking price range, and what should I address up front when listing? I appreciate your input.
Mike
Comments
You can use the AOPA tool (or whatever it is now) for a starting point. Look at comparable sales and hours. Have your story together on prior flight school, etc vs personal hours and records, etc.
Are you going to list it yourself or via a broker? A broker would help set market pricing/valuation.
Eric Panning
1981 Seneca III
Hillsboro, OR (KHIO)