Piper PA-32R Lance
Retractable Six, T-tail on some
Years: 1976-1979 Seats: 6 Cruise: 162 kts
Specifications
Performance
- Engine:
- Lycoming IO-540 (300 hp)
- Cruise Speed:
- 162 knots
- Range:
- 1020 NM
- Fuel Burn:
- 15 GPH
Capacity
- Seats:
- 6
- Fuel Capacity:
- 98 gallons
- Endurance:
- 6.5 hours
Typical Pricing
Older/High-Time
$70,000
Mid-Range
$115,000
Most common
Late/Low-Time
$170,000
Note: Prices vary significantly based on total time, SMOH, avionics, condition, and market demand. Always get a professional appraisal before purchasing.
Aircraft Financing Considerations
What Lenders Look For
- Retractable gear = higher insurance
- T-tail models (Turbo Lance II) have unique handling
- Gear motor/actuator issues common
- Strong performer but mx costs higher
Pre-Buy Inspection Focus Areas
A thorough pre-buy inspection is essential before purchasing any aircraft. For the Piper PA-32R Lance, pay special attention to:
- Gear actuators and saddles
- Wing spar bolts
- T-tail stabilator condition
- Fuel bladder condition
- Turbocharger (if turbo model)
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