Aircraft Snapshot
- Airframe ClassHigh-Performance Piston
- Passenger Capacity6
- Max Range800 NM
- Normal Cruise Speed155 KTAS
- Useful Load1,600 lbs
Acquisition & Financing
- Est. Acquisition Cost (Used)$130,000 - $250,000
- Financing Profile / LiquidityMedium-High
Operating Costs
- EngineLycoming IO-540
- Engine TBO2000 hrs
- Fuel Type100LL
- Fuel Efficiency16 GPH
- Direct Operating Cost$200 / hr
Financed Cost of Ownership
$2,042/mo
Estimated all-in monthly cost of ownership
- Financing Payment$1,209/mo
- Operating Cost (Est.)$833/mo
6.55% rate (Certified Piston), 15% down, 20-year term, 50 hrs/yr assumption.
Avionics
Legacy / Upgraded Glass
Curious what financing a Piper Lance could look like for you?
Get Pre-QualifiedSoft credit check only. No impact on your credit score.