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1977 PIPER LANCE
Starts from the median asking price of 6 comparable PIPER LANCE listings ($179,950), then adjusts for:
- Airframe time -160 hr vs comps +0.3%
- Engine time -84 hr vs comps +0.3%
- Market supply: 3 for sale of 511 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 LANCE |
|---|---|
| Type | Single-Engine Piston |
| Airframe time | 4,540 hrs |
| Engine time | 950 SMOH |
| Prop blades | 3 |
| Avionics / Other | King KX-155 |
| Annual | May 2008 |
| Inspection | Annual |
Description
1977 Piper "Straight Tail" Lance - 4540 Hours Total Time Since New, 950 Hours SMOH by Mattituck, 0 Hours Since Propeller OH (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. Value Priced at $144,900.
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)
How this aircraft compares
Where this PIPER LANCE lands versus other PIPER LANCE listings on fyiAero.
Price
33rd pct$145k · 33rd percentile of 6 listings
Airframe time
50th pct4,540 hours total (TTAF) · 50th percentile of 6 listings
Engine time
50th pct950 hours since major overhaul · 50th percentile of 6 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 | 1977 |
|---|---|
| Manufacturer | PIPER |
| Model | LANCE |
| Serial Number | 32R-7780124 |
| Registration # | N1040H |
| Condition | Used |
Airframe
| Total Time | 4,540 |
|---|
Engine
| Engine 1 Make/Model | LYCOMING IO-540-K1G5D |
|---|---|
| Engine 1 Time | 950 SMOH |
| Engine TBO | 2000 |
Props
| Prop Manufacturer | HARTZELL |
|---|---|
| Prop Model | HC-C3YR-1RF |
| Prop Time | 0 SOH |
| Number of Blades | 3 |
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 Equipment | 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 |
|---|
Interior
| Number of Seats | 6 |
|---|
Inspection Status
| Inspection Status | ANNUAL DUE: October 1, 2026 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 coordinate a fresh engine overhaul immediately. 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. Propeller History - A new Propeller was installed in 2008 with no record of any subsequent overhaul / repairs being performed. Hartzell recommends that propellers be overhauled every 6-Years. The next owner should have the propeller overhauled since the propeller has been in service for 18 years. 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
| Miscellaneous | N1040H - W&B - Oct 19 2017.pdf N1040H - Avionics Upgrade Invoice.pdf |
|---|---|
| Engine | N1040H - Engine Log.pdf |
| Aircraft | N1040H - AF Log 2.pdf N1040H - AF Log 1.pdf |
