Piper Aztec F (PA-23-250)

Aircraft Snapshot

  • Airframe ClassMulti-Engine Piston
  • Passenger Capacity6
  • Max Range1,000 NM
  • Normal Cruise Speed175 KTAS
  • Useful Load2,000 lbs

Acquisition & Financing

  • Est. Acquisition Cost (Used)$100,000 - $180,000
  • 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

$2,349/mo

Estimated all-in monthly cost of ownership

  • Financing Payment$891/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 F, produced from 1976 to 1981, is the final version of Piper’s rugged six-seat piston twin, powered by Lycoming IO-540 engines (250 hp each), with refinements to the fuel system and flap/stabilator over earlier Aztecs. It is often considered the most refined Aztec, and the F-model’s improvements make it a preferred choice for buyers of the type.

With the Aztec line out of production for decades, corrosion inspection, spar history, and engine times on both sides are key. Panels vary widely. Buyers should confirm AD compliance, including any applicable fuel system and structural inspection requirements.

Lenders underwrite condition and logbooks; the Aztec’s reputation for durability supports resale. Loan terms fall under the Certified Piston tier.

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