Piper Aztec E (PA-23-250)

Aircraft Snapshot

  • Airframe ClassMulti-Engine Piston
  • Passenger Capacity6
  • Max Range1,000 NM
  • Normal Cruise Speed175 KTAS
  • Useful Load1,900 lbs

Acquisition & Financing

  • Est. Acquisition Cost (Used)$90,000 - $160,000
  • Financing Profile / LiquidityMedium-Low

Operating Costs

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

Financed Cost of Ownership

$2,254/mo

Estimated all-in monthly cost of ownership

  • Financing Payment$795/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 / Upgraded

Ownership Analysis

The Aztec E, produced from about 1971 to 1976, introduced the longer, more pointed nose that increased baggage capacity and gave the type a more modern appearance, powered by Lycoming IO-540 engines (250 hp each).

Airframe age makes corrosion inspection and prior damage history critical, and engine times drive much of the value. Panels range from original to heavily upgraded. Twin-engine ownership doubles engine and propeller reserves, so engine times on both sides deserve careful review.

Condition-focused underwriting and modest loan amounts are typical, with lenders also weighing the borrower’s multi-engine experience. Loan terms fall under the Certified Piston tier.

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