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1968 PIPER ARROW
Starts from the median asking price of 12 comparable PIPER ARROW listings ($138,903), then adjusts for:
- Year -1 vs comparable listings -1.5%
- Airframe time +520 hr vs comps -1.0%
- Engine time -1,047 hr vs comps +3.1%
- Modern GPS navigator (uncommon in comps) +3.0%
- Market supply: 3 for sale of 535 FAA-registered +4.4%
Shown as a range. An estimate from asking-price comparables and FAA supply data — not an appraisal.
Overview
| Make / Model | PIPER ARROW |
|---|---|
| Type | Single-Engine Piston |
| Airframe time | 4,563 hrs |
| Engine time | 57 SMOH |
| Prop blades | 2 |
| Avionics / GPS | Garmin GTN 650 |
| Avionics / Transponder | Garmin GTX 345 |
| Avionics / Other | Garmin GI 275, Garmin GTN 650Xi, Garmin GPS 175 |
| ADS-B | Yes |
| Annual | November 2025 |
| Inspection | Annual |
| Airworthy | Yes |
Description
This extremely well maintained 1968 Piper Arrow has 57 hours SMOH, and only 27 hours since all 4 cylinders were replaced with new. This is an extremely clean, good bones Arrow that shows very well with a repaint in 2016. In the cockpit it features Garmin’s latest and greatest GTN650Xi WAAS IFR GPS/NAV/COM, and is also paired to dual Garmin G5 instruments, the GTX345 transponder with ADS-B in and out capability, and tying it all together is the Garmin GFC500 autopilot. Additional Comments: Located in Lexington, KY – KLEX Useful Load 957.25 lbs. Missing Logbooks from 1968-1986 November 2025 Annual Inspection
Modifications
All Knots2U Speed Mods Available All LED Exterior Lighting (strobes are wired with NAV lights) Complete Panel Upgrade – Custom Panel New SCS Floor with Sound Deadening Material Avionics Master Switch Heated Pitot Vacuum System Removed
Avionics
Garmin GTN650Xi WAAS Touchscreen IFR GPS/NAV/COM Garmin GPS175 WAAS Navigator Garmin GI275 4 CYL EIS Display (with Temperature, Wind, and Density Altitude Sensors) Garmin GTX345 ADS-B Transponder Garmin GFC500 Autopilot Garmin G5 Electronic Attitude Indicator Garmin G5 Electronic HSI Garmin GMA340 Audio Panel Analog Flight Instruments Vertical Card Compass
How this aircraft compares
Where this PIPER ARROW lands versus other PIPER ARROW listings on fyiAero.
Price
75th pct$152k · 75th percentile of 12 listings
Airframe time
83rd pct4,563 hours total (TTAF) · 83rd percentile of 12 listings
Engine time
8th pct57 hours since major overhaul · 8th percentile of 12 listings
Percentile = share of comparable listings at or below this value. Lower airframe/engine hours are generally fresher; price reflects the asking price only.
General
| Year | 1968 |
|---|---|
| Manufacturer | PIPER |
| Model | ARROW |
| Serial Number | 28R-30694 |
| Registration # | N4947J |
| Condition | Used |
| FlightRules | IFR |
| Based at | LEX |
Airframe
| Total Time | 4,563 |
|---|---|
| Useful Load | 957.25 lb |
Engine
| Engine 1 Time | 57 SMOH |
|---|---|
| Engine TBO | 2000 |
Props
| Number of Blades | 2 |
|---|
Avionics
| ADS-B Equipped | Yes |
|---|---|
| WAAS | Yes |
| LPV | Yes |
| Engine Monitor | Yes |
| Avionics/Radios | Garmin GTN650Xi WAAS Touchscreen IFR GPS/NAV/COM Garmin GPS175 WAAS Navigator Garmin GI275 4 CYL EIS Display (with Temperature, Wind, and Density Altitude Sensors) Garmin GTX345 ADS-B Transponder Garmin GFC500 Autopilot Garmin G5 Electronic Attitude Indicator Garmin G5 Electronic HSI Garmin GMA340 Audio Panel Analog Flight Instruments Vertical Card Compass |
Additional Equipment
| Additional Equipment | All Knots2U Speed Mods Available All LED Exterior Lighting (strobes are wired with NAV lights) Complete Panel Upgrade – Custom Panel New SCS Floor with Sound Deadening Material Avionics Master Switch Heated Pitot Vacuum System Removed |
|---|
Interior
| Year Interior | 2017 |
|---|---|
| Number of Seats | 4 |
| Configuration | Passenger |
Exterior
| Year Painted | 2016 |
|---|
Inspection Status
| Inspection Status | November 2025 Annual Inspection Financing & Insurance Available – Aircraft Guarantee and Lending’s tailored program makes aircraft ownership simple and affordable. Contact AGL to finance your next aircraft purchase and enjoy competitive rates and flexible terms. 859-694-8589 / [email protected] Specifications for this aircraft are believed to be accurate but are not warranted. It is the responsibility of the buyer to confirm all specifications, equipment, and times. AirMart does not represent or warrant the working order, merchantability, or operability of any equipment. Airplanes are dynamic assets whose condition, availability, and details may change without notice. All information is subject to independent verification and inspection by the buyer. Availability cannot be guaranteed, as the aircraft may be sold, leased, or withdrawn from the market at any time. |
|---|---|
| Airworthy | Yes |
