Piper PA-28-161 Warrior financing, specs & price
Tapered wing, improved handling. Built 1974-present; Lycoming O-320 (160 hp); 4 seats; 115-knot cruise.
What a PA-28-161 Warrior costs to finance
Payment examples at three price points, using typical lender guidelines for single-engine aircraft and a 7.75% illustrative APR. Your rate depends on credit, loan size, term and the specific airplane.
| Example | Price | Down | Loan | Term | Payment @ 7.75% | Range @ 6.99–9.99% |
|---|---|---|---|---|---|---|
| Older / higher-time | $35,000 | 15% ($5,250) | $29,750 | 15 yrs | $280/mo | $267–$320 |
| Mid-market (most common) | $65,000 | 15% ($9,750) | $55,250 | 15 yrs | $520/mo | $496–$593 |
| Late / low-time | $120,000 | 15% ($18,000) | $102,000 | 20 yrs | $837/mo | $790–$984 |
Principal and interest only; excludes insurance, taxes and fees. Prices are typical asking ranges from our aircraft database — verify any specific airplane with Vref or Aircraft Bluebook and a pre-buy inspection. Not a quote or commitment to lend.
Get real numbers for your PA-28-161 Warrior
Share the tail number or listing and your timeline — a specialist will price it across multiple lenders.
PA-28-161 Warrior specifications & operating economics
Performance & capacity
- Engine
- Lycoming O-320 (160 hp)
- Production
- 1974-present
- Seats
- 4
- Cruise
- 115 kts
- Range
- 680 NM
- Fuel capacity
- 50 gal
Fuel economics (September 2026)
- Fuel burn
- 8 gph
- Fuel cost per hour
- $58
- Fuel cost per nautical mile
- $0.50
- Endurance (no reserve)
- 6.3 hrs
- Fuel for 100 hrs/yr
- $5,792
100LL at $7.24/gal (AirNav national average, September 2026).
What lenders and underwriters look at on a PA-28-161 Warrior
- Tapered wing more desirable than Hershey-bar
- Warrior III (late models) have glass panels
- Check wing spar AD compliance
- Good trainer resale
Pre-buy inspection focus areas
- Wing spar eddy-current inspection
- Nose gear shimmy damper
- Fuel bladder condition
- Stabilator bearings
Pre-buy inspections are typically paid out of pocket, not financed. See the pre-buy checklist.
Buying and owning a PA-28-161 Warrior
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Piper PA-28-161 Warrior financing FAQs
How much does a Piper PA-28-161 Warrior cost?
Typical asking prices for a Piper PA-28-161 Warrior run from about $35,000 for older or higher-time examples to $120,000 for late, low-time ones, with most trading near $65,000. Engine time, avionics, damage history and paint/interior drive the spread — confirm with a Vref or Aircraft Bluebook valuation and a pre-buy inspection.
What is the monthly payment on a Piper PA-28-161 Warrior?
At a $65,000 purchase price with 15% down ($9,750), a $55,250 loan over 15 years is about $520 per month at 7.75% APR, or roughly $496–$593 across the 6.99%–9.99% range lenders published as of September 2026. Principal and interest only.
How much down payment do I need for a Piper PA-28-161 Warrior?
Plan on at least 15% down for a single-engine aircraft built after 1960. Twenty-year terms are generally available on loans of $75,000 or more.
What does a Piper PA-28-161 Warrior cost to fly per hour in fuel?
At about 8 gallons per hour and the September 2026 national average of $7.24 per gallon for 100LL, fuel alone is roughly $58 per hour, or about $0.50 per nautical mile at a 115-knot cruise. Add reserves, insurance, storage and the annual for the full picture.
Can I finance an older Piper PA-28-161 Warrior?
Usually, yes. Lenders finance piston singles without a fixed age limit, though pre-1960 aircraft may need a larger down payment and shorter term, and airframes over 10,000 hours are often excluded. Complete logbooks, AD compliance and a clean pre-buy matter more than the year on an older PA-28-161 Warrior.
More Piper aircraft
- Piper J-3 Cub · ~$40,000
- Piper PA-18 Super Cub · ~$80,000
- Piper PA-28-140 Cherokee 140 · ~$38,000
- Piper PA-28-181 Archer · ~$90,000
- Piper PA-28R-200 Arrow II · ~$70,000
- Piper PA-28-235 Dakota · ~$95,000
- Piper PA-32 Cherokee Six · ~$95,000
- Piper PA-32R Lance · ~$115,000
Similar price range
- Cessna 177 Cardinal · ~$65,000
- Piper PA-28R-200 Arrow II · ~$70,000
- Beechcraft Debonair 33 · ~$60,000
- Grumman American AA-5B Tiger · ~$70,000