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Single-Engine Piston

1977 PIPER LANCE

🕒 Listed 2 months ago
$125,900
fyiEstimate $153,500–$157,000 ⓘ How this estimate is built

Starts from the median asking price of 174 comparable Piper Single-Engine Piston listings ($145,000), then adjusts for:

  • Year +0 vs comparable listings +0.8%
  • Airframe time -124 hr vs comps +0.2%
  • Engine time +113 hr vs comps -0.9%
  • Autopilot (45% of comps) +1.0%
  • ADS-B (59% of comps) +1.1%
  • Market supply: 1 for sale of 511 FAA-registered +4.8%

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

1977
4,540 hrs
N1040H ✈ Flight Tracking
Sep 29, 2026 (20 days ago)
32R-7780124
LYCOMING IO-540-K1G5D
1
HARTZELL HC-C3YR-1RF
—
★ 5.0 (73 Google reviews)
King Jay M Co-owned
Per the FAA aircraft registry (public record)
📍 Kokomo, IN

Overview

Make / ModelPiper LANCE
TypeSingle-Engine Piston
Airframe time4,540 hrs
Engine time950 SMOH
Prop blades3
Avionics / Nav / com radioAVIDYNE IFD540, King KX 155
AnnualMay 2008
InspectionAnnual
Autopilot ADS-B

Description

1977 Piper "Straight Tail" Lance - 4540 Hours Total Time Since New, 950 Hours SMOH by Mattituck, 0 Hours Since Propeller OH (Hatrzell 3-Blade), Altimatic IIIC Autopilot Featuring Altitude Hold, Slaved HSI, Modern Avidyne Avionics Flight Deck Featuring, the IFD540 GPS Navigator, Audio Panel, and ADS-B Compliant Transponder, MLB100 ADS-B In Solution (Traffic & FIS-B Weather), Avidyne Blue Tooth Key Board, King KX-155 Nav / Com, WX1000 Stormscope, LoPresti HOWL Cowl, Loaded with LoPresti Speed Modifications, Rosen Sun Visors, and more. Documents: - N1040H - Engine Log.pdf: https://media.sandhills.com/doc.axd?id=11045263233&p=&ext=.pdf&dl=False&wt=False&checksum=y8sON5c5fJM18%2fuwxi2BnR1Y50ZQHCIDMrLE566vF%2b%2fm2xLW1L85OSZ4%2f86V2FMmLHMjuN%2bnTfg%3d - N1040H - AF Log 2.pdf: https://media.sandhills.com/doc.axd?id=11045263213&p=&ext=.pdf&dl=False&wt=False&checksum=y8sON5c5fJObM1ROBwfMd9GupqOUHbvT5xcNmBDFO961PR0eBn3llkV3kb2sh3extXJu98V2ZiQ%3d - N1040H - AF Log 1.pdf: https://media.sandhills.com/doc.axd?id=11019110031&p=&ext=.pdf&dl=False&wt=False&checksum=ZR3T0QB%2fcuOlM7esbNrpQJMyLtHXiDOzR1shXkSHWchU4cq0gmxrxZWxpgyyjbCcgl0p2AgDxs4%3d - N1040H - Propeller Log.pdf: https://media.sandhills.com/doc.axd?id=11038120110&p=&ext=.pdf&dl=False&wt=False&checksum=n%2bFpQSVDlq3LatTtqfG0vv%2bZsWlFeh%2baEdmQGdCrT9XPeuqXkIEKSKQ6tzzH0%2bAKzChmdo3kISk%3d - N1040H - W&B - Oct 19 2017.pdf: https://media.sandhills.com/doc.axd?id=11019110126&p=&ext=.pdf&dl=False&wt=False&checksum=ZR3T0QB%2fcuO3%2bX0cxyU6DTNNkP5gZXNLe3rEdscvKf%2fFNY%2fxTaiLxs%2fjy%2fr3ixKZqX112hdk6pI%3d - N1040H - Avionics Upgrade Invoice.pdf: https://media.sandhills.com/doc.axd?id=11019110090&p=&ext=.pdf&dl=False&wt=False&checksum=ZR3T0QB%2fcuNIzMz9aYGRwKObAtvn1gwJLhqznK7P7MpIUHlvMqqHUBNXxSm1wZQoe3e9ETwvJm8%3d

Modifications

ADDITIONAL OUTSTANDING FEATURES / UPGRADES / SPEED MODIFICAITONS • LoPresti Howl Cowl Speed Enhancement • LoPresti Wing “Zip” Tip with Landing Lights • LoPresti Main Gear Fairings Speed Enhancement • LoPresti Flap Hinge Fairings Speed Enhancement • LoPresti Flap Gap Seals Speed Enhancement • LoPresti Aileron Gap Seals Speed Enhancement • LoPresti Hubba Caps Speed Enhancement • Rosen Sun Visors • Reiff Engine Pre-Heat System • (3) Blade Hartzell Propeller Featuring a Polished Spinner • Hartzell Technologies Light Weight ERZ-8011 Series Starter • Vertical Card Compass • ACK Technologies ELT • Ventilation Fan System – (2-Speed) • Vertical Fin Rotating Beacon • Wing Tip Strobes • Fire Extinguisher • External Power Plug • Hobbs Meter • Heated Pitot System • Static Wicks • Outside Air Temperature Gauge • Clock – (Panel Mounted) • EGT

Avionics

• Altimatic IIIC Autopilot featuring Altitude Hold and Glideslope Coupler • Century NSD-360A Slaved HSI • Avidyne AMX240 Audio Panel / 3 LMB / (6)-Place Intercom • Avidyne IFD540 GPS Navigator / COM – (WAAS Approved) • Avidyne AXP340 Transponder Featuring ADS-B Out • Avidyne MLB100 ADS-B “IN” Solution - (Traffic and FIS-B Weather Information) • Avidyne Bluetooth Key Board • King KX-155 NAV / COM – (#2) • King KI-208 VOR Indicator – (#2) • WX-1000 Stormscope • Yoke Mounted Push to Talk Switch – (Pilot & Co-Pilot) • Guardian Avionics Dual USB Power Source – (Panel Mounted) • Music Input – (Panel Mounted) • Auto-Pilot Disconnect Switch – (Yoke Mounted) • Avionics Master Switch – (Primary) • Avionics Master Switch – (Aux)

Service Difficulty Reports (SDRs)

Checking FAA service difficulty reports…

Airworthiness Directives (ADs)

Checking airworthiness directives…

Documents

General

Year1977
ManufacturerPIPER
ModelLANCE
Serial Number32R-7780124
Registration #N1040H
ConditionUsed

Airframe

Total Time4,540

Engine

Engine 1 Make/ModelLYCOMING IO-540-K1G5D
Engine 1 Time950 SMOH
Engine TBO2000

Props

Prop ManufacturerHARTZELL
Prop ModelHC-C3YR-1RF
Prop Time0 SOH
Number of Blades3

Avionics

Avionics/Radios• Altimatic IIIC Autopilot featuring Altitude Hold and Glideslope Coupler • Century NSD-360A Slaved HSI • Avidyne AMX240 Audio Panel / 3 LMB / (6)-Place Intercom • Avidyne IFD540 GPS Navigator / COM – (WAAS Approved) • Avidyne AXP340 Transponder Featuring ADS-B Out • Avidyne MLB100 ADS-B “IN” Solution - (Traffic and FIS-B Weather Information) • Avidyne Bluetooth Key Board • King KX-155 NAV / COM – (#2) • King KI-208 VOR Indicator – (#2) • WX-1000 Stormscope • Yoke Mounted Push to Talk Switch – (Pilot & Co-Pilot) • Guardian Avionics Dual USB Power Source – (Panel Mounted) • Music Input – (Panel Mounted) • Auto-Pilot Disconnect Switch – (Yoke Mounted) • Avionics Master Switch – (Primary) • Avionics Master Switch – (Aux)

Additional Equipment

Additional EquipmentADDITIONAL OUTSTANDING FEATURES / UPGRADES / SPEED MODIFICAITONS • LoPresti Howl Cowl Speed Enhancement • LoPresti Wing “Zip” Tip with Landing Lights • LoPresti Main Gear Fairings Speed Enhancement • LoPresti Flap Hinge Fairings Speed Enhancement • LoPresti Flap Gap Seals Speed Enhancement • LoPresti Aileron Gap Seals Speed Enhancement • LoPresti Hubba Caps Speed Enhancement • Rosen Sun Visors • Reiff Engine Pre-Heat System • (3) Blade Hartzell Propeller Featuring a Polished Spinner • Hartzell Technologies Light Weight ERZ-8011 Series Starter • Vertical Card Compass • ACK Technologies ELT • Ventilation Fan System – (2-Speed) • Vertical Fin Rotating Beacon • Wing Tip Strobes • Fire Extinguisher • External Power Plug • Hobbs Meter • Heated Pitot System • Static Wicks • Outside Air Temperature Gauge • Clock – (Panel Mounted) • EGT

Interior

Number of Seats6

Inspection Status

Inspection StatusANNUAL DUE: Fresh Annual In Process BI-ANNUAL IFR CHECKS DUE: September 1, 2028 USEFUL LOAD: 1389.56 Pounds ADDITIONAL INFORMATION / INCIDENT HISTORY This aircraft is extremely appealing due to the Avidyne Avionics Upgrade and LoPresti Modifications! The aircraft features the desirable LoPresti Howl Cowl, Wing Zip Tips Lighting System, Main Gear Spats, Flap Hinge Fairings, and Multiple Gaps Seals. The cost of installing the LoPresti Modifications most likely exceeded $50,000 back in the day. An additional investment of $38,000 in Avionics is another positive for this aircraft. The current owner upgraded the Flight Deck with the desirable Avidyne Platform Featuring a IFD540 GPS Navigator, Avidyne Audo Panel, Avidyne Transponder, and ADS-B “IN” and “OUT” Solutions. The Avidyne Flight Deck is complimented with an Altitude Autopilot and Slaved HSI System. The aircraft is VALUE PRICED due to inactivity and incident history. The aircraft was inactive most of the time between October 19, 2017, through September 3, 2025. The aircraft flew only 39.5 hours during this time period. Due to the age of the engine, IRAN history, and limited utilization, it is recommended that next owner of this aircraft consider coordinating an IRAN inspection or fresh engine overhaul due to this inactivity. Hail Damage History - The aircraft received hail damage in 2014. The affected Flight Controls were reskinned and painted in 2015. Some hail marks are still present on the main surfaces of the aircraft. Gear-Up Landing History - The aircraft had a gear up landing in July of 2007. The airframe repairs and engine tear down inspection were completed in January of 2008. The aircraft was repaired a second time along with a second IRAN in May 2008 what appears to be a second gear-up landing just 3.1 hours later. A New 3-Blade Propeller was also installed. Nose Gear Collapse History – 1980 and 1991. See airframe logs for details. Specifications are Subject to Verification upon the Buyer’s Inspection of the Aircraft. Optional aircraft transition flight training solutions are available. We accept trades and offer a variety of low fixed rate interest rate financing solutions up to 20 years. Bartelt Aviation does not endorse nor are we affiliated with Currency Finance, Avemco, or the Aircraft Cost Calculator that may be attached to our aircraft online sales ads. Bartelt Aviation has the ability to refer you to an Aircraft Lender and an Insurance Agent that should be able to provide you with lower cost options and superior customer service. Ask your Bartelt Aviation Sales person for details.

Service Logs

EngineN1040H - Engine Log.pdf
AircraftN1040H - AF Log 2.pdf N1040H - AF Log 1.pdf
PropellerN1040H - Propeller Log.pdf
MiscellaneousN1040H - W&B - Oct 19 2017.pdf N1040H - Avionics Upgrade Invoice.pdf

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  $153,500–$157,000

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

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Last flight

Actual flight path from FlightAware for N1040H. More flight tracking ›