Piper PA-31 Navajo financing, specs & price
Cabin-class twin, turbo, pressurized variants. Built 1967-1984; Lycoming TIO-540 (310-350 hp ea, turbocharged); 8 seats; 215-knot cruise.
What a PA-31 Navajo costs to finance
Payment examples at three price points, using typical lender guidelines for twin-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 | $80,000 | 20% ($16,000) | $64,000 | 15 yrs | $602/mo | $575–$687 |
| Mid-market (most common) | $130,000 | 20% ($26,000) | $104,000 | 15 yrs | $979/mo | $934–$1,117 |
| Late / low-time | $210,000 | 20% ($42,000) | $168,000 | 15 yrs | $1,581/mo | $1,509–$1,804 |
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.
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PA-31 Navajo specifications & operating economics
Performance & capacity
- Engine
- Lycoming TIO-540 (310-350 hp ea, turbocharged)
- Production
- 1967-1984
- Seats
- 8
- Cruise
- 215 kts
- Range
- 1340 NM
- Fuel capacity
- 192 gal
Fuel economics (September 2026)
- Fuel burn
- 40 gph
- Fuel cost per hour
- $290
- Fuel cost per nautical mile
- $1.35
- Endurance (no reserve)
- 4.8 hrs
- Fuel for 100 hrs/yr
- $28,960
100LL at $7.24/gal (AirNav national average, September 2026).
What lenders and underwriters look at on a PA-31 Navajo
- Turbo engines require careful management
- Pressurized Navajo (P-Navajo) is complex
- Operating costs are high—fuel and mx
- Insurance requires significant twin time
Pre-buy inspection focus areas
- Both turbocharger conditions
- Pressurization leaks (P-models)
- Wing spar carry-through
- Both engine case conditions
- Gear actuators
Pre-buy inspections are typically paid out of pocket, not financed. See the pre-buy checklist.
Buying and owning a PA-31 Navajo
- Cost of OwnershipBeechcraft Navajo? The Navajo Is a Piper — How It Compares With Beechcraft Twins
- Cost of OwnershipPiper PA-23 Aztec Cost of Ownership: Annual Budget for a Six-Seat IO-540 Twin
- Cost of OwnershipPiper Navajo Chieftain (PA-31-350) Cost of Ownership: Cabin-Class Twin Budget
- Cost of OwnershipPiper PA-31 Navajo Cost of Ownership for Private and Business Owners
Piper PA-31 Navajo financing FAQs
How much does a Piper PA-31 Navajo cost?
Typical asking prices for a Piper PA-31 Navajo run from about $80,000 for older or higher-time examples to $210,000 for late, low-time ones, with most trading near $130,000. 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-31 Navajo?
At a $130,000 purchase price with 20% down ($26,000), a $104,000 loan over 15 years is about $979 per month at 7.75% APR, or roughly $934–$1,117 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-31 Navajo?
Twin-engine aircraft typically need 15–30% down, with maximum terms of about 10–15 years, and many lenders prefer twins built in 1970 or later. Examples here use 20% down.
What does a Piper PA-31 Navajo cost to fly per hour in fuel?
At about 40 gallons per hour and the September 2026 national average of $7.24 per gallon for 100LL, fuel alone is roughly $290 per hour, or about $1.35 per nautical mile at a 215-knot cruise. Add reserves, insurance, storage and the annual for the full picture.
Can I finance an older Piper PA-31 Navajo?
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-31 Navajo.
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