Piper Aztec C (PA-23-250)

Aircraft Snapshot

  • Airframe ClassMulti-Engine Piston
  • Passenger Capacity6
  • Max Range900 NM
  • Normal Cruise Speed170 KTAS
  • Useful Load1,800 lbs

Acquisition & Financing

  • Est. Acquisition Cost (Used)$70,000 - $130,000
  • Financing Profile / LiquidityLow

Operating Costs

  • EngineLycoming IO-540 (x2)
  • Engine TBO2000 hrs
  • Fuel Type100LL
  • Fuel Efficiency28 GPH
  • Direct Operating Cost$350 / hr

Financed Cost of Ownership

$2,095/mo

Estimated all-in monthly cost of ownership

  • Financing Payment$636/mo
  • Operating Cost (Est.)$1,458/mo

6.55% rate (Certified Piston), 15% down, 20-year term, 50 hrs/yr assumption.

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Avionics

Legacy

Ownership Analysis

The Aztec C, introduced in the mid-1960s, brought fuel-injected Lycoming IO-540 engines (250 hp each) and a longer nose to the Aztec line, improving performance and baggage room over earlier models.

Given its vintage, corrosion history, structural inspections, and engine times on both sides are the primary diligence items. As with any piston twin, engine and propeller reserves are doubled, and the value of prior avionics upgrades varies widely from one airframe to the next.

The Aztec’s reputation for durability keeps a steady buyer pool in place, but lenders underwrite older examples on condition and logbooks rather than market appreciation. Loan sizes are modest, and terms fall under the Certified Piston tier.

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