Piper Cheyenne IIIA Price and Operating Costs
Turboprops:
Specifications
The PIPER Cheyenne IIIA, manufactured from 1984 - 1991, requires a 2 person crew and can transport up to 6 passengers. The aircraft has a maximum operating altitude of 35,000', a normal cruise speed of 291 KTS/335 MPH, and a 845 NM/972 SM seats-full range. The PIPER Cheyenne IIIA has a 3,997' balanced field length and 2,736' landing distance. The cabin measures 04'04" high, 04'02" wide, and 18'01" long. It has a total baggage capacity of 58.00 ft^3; 31.00 ft^3 being internal and 27.00 ft^3 being external.
Pricing
Depending on numerous factors, the average price for a pre-owned PIPER Cheyenne IIIA is $1,025,000.00. A $512,500.00 loan over 120 months including $2135.42 per month in interest equates to a $25,698.65 per-period payment. Based on 450 annual owner-operated hours and $6.00-per-gallon fuel cost, the PIPER Cheyenne IIIA has total variable costs of $1,108,800.00, total fixed costs of $360,568.00, and an annual budget of $1,469,368.00. This breaks down to $3,265.26 per hour.
RANGE:
845 NM / 972 SM
845 NM / 972 SM
SPEED:
291 KTS / 335 MPH
291 KTS / 335 MPH
PRICE:
$1,025,000.00
$1,025,000.00
MAX PASSENGERS:
6 people
6 people
Flying 450 Hours per Year
Flying 450 Hours per Year + 200 Charter Hours
Annual Owner Hours
450
450
Annual Charter Hours
-
200
Fuel Cost
$6.00
$6.00
Total Fixed Cost
$360,568.00
$550,168.00
Total Variable Cost
$1,108,800.00
$1,108,800.00
Annual Budget
$1,469,368.00
$1,658,968.00
Total Hourly Cost
$3,265.26
$3,686.60
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