Piper Saratoga II TC

Aircraft Snapshot

  • Airframe ClassHigh-Performance Piston
  • Passenger Capacity6
  • Max Range850 NM
  • Normal Cruise Speed185 KTAS
  • Useful Load1,100 lbs

Acquisition & Financing

  • Est. Acquisition Cost (Used)$350,000 - $650,000
  • Financing Profile / LiquidityHigh

Operating Costs

  • EngineLycoming TIO-540
  • Engine TBO2000 hrs
  • Fuel Type100LL
  • Fuel Efficiency20 GPH
  • Direct Operating Cost$260 / hr

Financed Cost of Ownership

$4,265/mo

Estimated all-in monthly cost of ownership

  • Financing Payment$3,181/mo
  • Operating Cost (Est.)$1,083/mo

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

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Avionics

Garmin G1000 / Avidyne

Ownership Analysis

The Saratoga II TC, produced from the late 1990s into the late 2000s, is the turbocharged version of Piper’s six-seat retractable single, powered by a turbocharged Lycoming TIO-540, with later examples carrying Garmin glass avionics. It delivers six-seat cabin-class utility with the ability to climb above weather and cruise efficiently at altitude.

Turbocharger health and engine time since overhaul are the primary mechanical variables, along with retractable gear maintenance. Later glass-panel examples reduce avionics upgrade uncertainty. Buyers should confirm whether the aircraft carries earlier Avidyne or later Garmin avionics, since that affects both value and upgrade plans.

The Saratoga line’s popularity supports solid resale values, and lenders weigh engine condition and logbooks. Loan terms fall under the Certified Piston tier.

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