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Single-Engine Piston

1977 PIPER LANCE

🕒 Listed 13 days ago
$205,750 fyiEstimate $195,000–$200,000 How this estimate is built

Starts from the median asking price of 5 comparable Piper LANCE listings ($205,750), then adjusts for:

  • Airframe time +2,203 hr vs comps -4.4%
  • Engine time +278 hr vs comps -2.2%
  • No Modern GPS navigator (60% of comps have one) -2.8%
  • ADS-B (60% of comps) +1.0%
  • Market supply: 2 for sale of 511 FAA-registered +4.7%

Shown as a range. An estimate from asking-price comparables and FAA supply data — not an appraisal.

1977
7,063 hrs
N2980Q ✈ Flight Tracking
Aug 30, 2026 (23 hours ago)
32R-7780274
LYCOMING IO-540-K1G5D
1
MCCAULEY
Michael Bowser
📍 Wellsboro, Pennsylvania
Blb Aircraft Partners LLC
Per the FAA aircraft registry (public record)
📍 Wilmington, DE

Overview

Make / ModelPiper LANCE
TypeSingle-Engine Piston
Airframe time7,063 hrs
Engine time1,397 SMOH
Prop blades3
Avionics / Primary flight displayGarmin GI 275
Avionics / Audio panelGarmin GMA 340
Avionics / GPS / datalinkGarmin GDL 69A
Avionics / AutopilotS-Tec
ADS-BYes
InspectionAnnual
AirworthyYes
Autopilot ADS-B

Engines & propellers

Airframe

Airframe total time
7063 hrs

Decoded from the seller's description — verify against logbooks.

Description

1977 Piper Lance TTAF 7063 TSMO 1397 Engine IO-540-KIG5D 3 Blade McCaulley prop Vacuum system removed with upgrade Complete new Interior 1/2020, Leather seats, new carpet, insulation and side panels. Knots-2-U Speed Tips with lights and strobes Complete Logs No known damage history Always Hangared waxed and detailed External Power Plug Heavy Duty Brakes EZHeat 440 oil sump heater Complete Logs Flown Regularly

Modifications

Knots-2-U Speed Tips with Lights and Strobes Auto Gear Extension System reconfigured to conventional gear extension system

Avionics

Autopilot and avionics are configured for completely coupled flight and Approaches including Altitude Preselect and Capture. It will fly Rate Based or Airspeed (Performance Based) Vertical Speed Major Avionics upgrade 3/2022 Aspen Evolution 1000 Pro Max Avidyne 540 Avidyne 440 S-Tec 55X Autopilot Avidyne APX340 Transponder (1090 ES) Avidyne SkyTrax 100 (ADS-B IN receiver BendixKingKN-62A DME Garmin GI-275 Garmin GMA-340 Garmin GDL-69A SXM audio and XM Wx capable) JPI EDM 700 Engine Analyzer

Service Difficulty Reports (SDRs)

Checking FAA service difficulty reports…

Airworthiness Directives (ADs)

Checking airworthiness directives…

How this aircraft compares

Where this Piper LANCE lands versus other Piper LANCE listings on fyiAero.

Price

67th pct
$145k$271kThis aircraft · $206k

$206k · 67th percentile of 6 listings

Airframe time

83rd pct
1,1197,815This aircraft · 7,063

7,063 hours total (TTAF) · 83rd percentile of 6 listings

Engine time

99th pct
321,397This aircraft · 1,397

1,397 hours since major overhaul · 99th percentile of 5 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

Year1977
ManufacturerPIPER
ModelLANCE
Serial Number32R-7780274
Registration #N2980Q
ConditionUsed
FlightRulesIFR

Airframe

Total Time7,063
Max Takeoff Weight3,600 lb
Useful Load1,361 lb
Fuel Capacity Volume94 gal
Complete LogsYes

Engine

Engine 1 Make/ModelLYCOMING IO-540-K1G5D
Engine Horsepower300 HP
Engine 1 Time1,397 SMOH
Engine TBO2000

Props

Prop ManufacturerMCCAULEY
Prop Time1397 SNEW
Number of Blades3
Blade CompositionAluminum

Avionics

Auto PilotYes
Autopilot Manufacturer/ModelS-TEC SYSTEM 55X
ADS-B EquippedYes
Engine MonitorYes
Avionics/RadiosAutopilot and avionics are configured for completely coupled flight and Approaches including Altitude Preselect and Capture. It will fly Rate Based or Airspeed (Performance Based) Vertical Speed Major Avionics upgrade 3/2022 Aspen Evolution 1000 Pro Max Avidyne 540 Avidyne 440 S-Tec 55X Autopilot Avidyne APX340 Transponder (1090 ES) Avidyne SkyTrax 100 (ADS-B IN receiver BendixKingKN-62A DME Garmin GI-275 Garmin GMA-340 Garmin GDL-69A SXM audio and XM Wx capable) JPI EDM 700 Engine Analyzer

Modifications/Conversions

Modifications/ConversionsKnots-2-U Speed Tips with Lights and Strobes Auto Gear Extension System reconfigured to conventional gear extension system

Interior

Year Interior2020
Number of Seats6
ConfigurationPassenger

Exterior

Year Painted1992

Inspection Status

Inspection StatusIFR Annual 3/2026
AirworthyYes

Operating costs & specifications — Piper PA 32RT 300 Lance II

Typical model-level figures for the Piper PA 32RT 300 Lance II (not this specific airframe).

$35,785annual budget · 103 hrs/yr
$184variable cost / hour
$1.18cost per nm
18.0gph fuel burn
$184,431avg pre-owned asking fyiEstimate  $195,000–$200,000

Performance & dimensions

Range748 nm
Cruise speed156 kts · 180 mph
Takeoff / landing1450.0 / 880.0

About this plane

Single engine piston aircraft with retractable landing gear. The PA-32RT-300 Lance II seats up to 6 passengers plus 1 pilot.

Range from base

Still-air range ring — type an aircraft to change it. Compare aircraft on the Range tool ›

Last flight

Actual flight path from FlightAware for N2980Q. More flight tracking ›