Aircraft Snapshot
- Airframe ClassMulti-Engine Piston
- Passenger Capacity6
- Max Range1,000 NM
- Normal Cruise Speed170 KTAS
- Useful Load1,800 lbs
Acquisition & Financing
- Est. Acquisition Cost (Used)$80,000 - $180,000
- 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
$2,285/mo
Estimated all-in monthly cost of ownership
- Financing Payment$827/mo
- Operating Cost (Est.)$1,458/mo
6.55% rate (Certified Piston), 15% down, 20-year term, 50 hrs/yr assumption.
Avionics
Legacy
Ownership Analysis
This listing covers the PA-23-250 Aztec family generally, Piper’s durable piston twin produced from 1960 to 1981 with Lycoming 540-series engines (250 hp each). The Aztec earned a reputation for reliability and ruggedness, making it popular for charter, survey, and utility work as well as private flying.
Specific model year (B through F) affects nose length, fuel system, and engine configuration, so buyers should confirm exactly which variant they are evaluating. Corrosion and engine times are the universal diligence items, and because twin-engine ownership doubles engine and propeller reserves, engine times on both sides deserve careful review.
Condition-focused underwriting is standard, with modest loan sizes and attention to the borrower’s multi-engine experience. Loan terms fall under the Certified Piston tier.
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