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1978 PIPER ARROW III
Starts from the median asking price of 12 comparable PIPER ARROW III listings ($183,950), then adjusts for:
- Year -12 vs comparable listings -18.0%
- Airframe time -979 hr vs comps +2.0%
- Engine time +724 hr vs comps -2.2%
- Autopilot (uncommon in comps) +2.0%
Shown as a range. An estimate from asking-price comparables and FAA supply data — not an appraisal.
Overview
| Make / Model | PIPER ARROW III |
|---|---|
| Type | Single-Engine Piston |
| Airframe time | 3,811 hrs |
| Engine time | 1,995 SMOH |
| Avionics / GPS | Garmin GTN 750 |
| ADS-B | Yes |
Description
Recent Annual: May 2026 – Airplane Airworthy & Great Condition! Beautifully Equipped • Always Hangared • Garmin 750 WAAS • Ready to Fly. If you're looking for a clean, well-equipped, IFR-capable Arrow III that has been cared for and upgraded, this aircraft deserves a close look. This 1978 Piper Arrow III combines the reliability and efficiency of the legendary Lycoming IO-360 with modern avionics, excellent cosmetics, and a solid maintenance history. Whether you're building time, traveling cross-country, pursuing instrument training, or simply looking for a dependable retractable-gear aircraft, this Arrow is ready for its next owner. Cruise Speed: 138 Knots Range: 695 NM Always Hangared Excellent condition! All logs are recent and updated with details. Autopilot – Heading only
Avionics
Garmin 750 GPS WAAS – Touch Screen ADS-B Out Transponder – Appareo Stratus Transponder Garmin 340 Audio Panel Storm Scope JPI Engine Monitor (Older model)
How this aircraft compares
Where this PIPER ARROW III lands versus other PIPER ARROW III listings on fyiAero.
Price
42nd pct$155k · 42nd percentile of 12 listings
Airframe time
31st pct3,811 hours total (TTAF) · 31st percentile of 16 listings
Engine time
99th pct1,995 hours since major overhaul · 99th percentile of 15 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 | 1978 |
|---|---|
| Manufacturer | PIPER |
| Model | ARROW III |
| Condition | Used |
| Registration # | C-GRCP |
| Based at | CNC3 |
Airframe
| Total Time | 3,811 |
|---|---|
| Range | 695 NM |
| Basic Empty Weight | 1,762 lb |
| Useful Load | 988 lb |
| Auxiliary Fuel Tank | Yes |
| Complete Logs | Yes |
Engine
| Engine 1 Make/Model | LYCOMING IO-360 |
|---|---|
| Engine Horsepower | 200 HP |
| Engine 1 Time | 1,995 SMOH |
| Engine TBO | 2000 |
| Year Engine Overhauled or Installed as New | 1992 |
Avionics
| ADS-B Equipped | Yes |
|---|---|
| WAAS | Yes |
| Engine Monitor | Yes |
| Avionics/Radios | Garmin 750 GPS WAAS – Touch Screen ADS-B Out Transponder – Appareo Stratus Transponder Garmin 340 Audio Panel Storm Scope JPI Engine Monitor (Older model) |
Interior
| Year Interior | 2014 |
|---|---|
| Number of Seats | 4 |
| Configuration | Passenger |
Exterior
| Year Painted | 2014 |
|---|
