How much does a used Piper PA-32R-300 (Lance) cost?

Name: Piper PA-32R-300 (Lance)
Brand: Piper

PLANEFILE

PiperCertified · Fixed-wing · United States

PA-32R-300 (Lance)

Seats: 7 7
Power: 300 hp224 kW
Cruise: 142 kt263 km/h

About the PA-32R-300 (Lance)

The Piper PA-32R-300 (Lance) is a fixed-wing, single-engine aircraft built in the United States under CS-23 certification. Designed with a low wing and a retractable landing gear, this high-performance piston single provides a roomy cabin with six seats, making it well-suited for pilots seeking a fast utility transport for long-distance travel and substantial payloads.

Originally developed by stretching the manufacturer's earlier Cherokee airframe into a six-seater and later adding retractable gear to meet customer demand for speed, the design ultimately evolved into the popular Saratoga. This particular aircraft features a Lycoming engine paired with various aftermarket upgrades such as specialized wingtips and air navigation avionics, and it has accumulated thousands of airframe hours without a damage history.

This page covers the Piper PA-32R-300, PIPER PA-32R-300: the same aircraft under other designations.

Specifications

Cherokee Lance PA-32R-300 · Lycoming IO-540-K1G5D

Dimensions

Length: 27 ft 0 in 8.23 m8.23 m 27 ft 0 in
Wingspan: 32 ft 0 in 9.75 m9.75 m 32 ft 0 in
Wing area: 174 sq ft 16.2 m²16.2 m² 174 sq ft

Weights

Empty weight: 1,980 lb 898 kg898 kg 1,980 lb
Max take-off weight: 3,600 lb 1,633 kg1,633 kg 3,600 lb

Performance

Cruise speed: 142 kt 263 km/h263 km/h 142 kt
Max speed: 157 kt 291 km/h291 km/h 157 kt
Stall speed: N/A
Range: 875 nm 1,620 km1,620 km 875 nm
Service ceiling: 15,000 ft 4,572 m4,572 m 15,000 ft
Rate of climb: 1,000 ft/min 5.1 m/s5.1 m/s 1,000 ft/min

Powerplant

Engine: Lycoming IO-540-K1G5D
Engine power: 300 hp 224 kW224 kW 300 hp

Capacity

Seats: 7

Type certificate: US A3SO
Manufacturer: Piper
Country: United States
Official website: piper.com

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PA-32R-300 (Lance) prices

Asking prices of those for sale now, US dollars

Asking prices for the 12 Piper PA-32R-300 (Lance) aircraft for sale with a price run from $43,000 to $209,000, with a median of $174,000. Half ask between $165,000 and $190,000.

PA-32R-300 (Lance) running costs

$312 an hour

Hours a year Aircraft value (USD)

A year
	Low	Typical	High
Fuel	$10,268	$13,202	$15,411
Oil	$240	$300	$390
Engine overhaul reserve	$3,333	$3,958	$5,192
Propeller overhaul reserve	$917	$1,083	$1,250
Annual inspection and maintenance	$3,000	$4,000	$5,000
Hangar	$3,000	$6,300	$9,600
Insurance	$1,866	$2,364	$2,862

Total	$22,624	$31,207	$39,705
Per hour	$226	$312	$397