‹ Back to results
Single-Engine Piston

1978 PIPER LANCE II

🕒 Listed 3 months ago
$195,000
fyiEstimate $178,000–$182,500 ⓘ How this estimate is built

Starts from the median asking price of 156 comparable Piper Single-Engine Piston listings ($151,636), then adjusts for:

  • Year +1 vs comparable listings +1.5%
  • Airframe time -923 hr vs comps +1.8%
  • Engine time -799 hr vs comps +6.4%
  • Modern GPS navigator (42% of comps) +2.7%
  • ADS-B (58% of comps) +1.1%
  • Market supply: 2 for sale of 201 FAA-registered +4.2%

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

1978
3,584 hrs
N31397 ✈ Flight Tracking
Oct 19, 2026 (15 hours ago)
32R-7885093
LYCOMING IO-540-K1G5D
1
HARTZELL HC-C3YR-1RF
KIXD
Ial CORP Corporation
Per the FAA aircraft registry (public record)

Overview

Make / ModelPiper LANCE II
TypeSingle-Engine Piston
Airframe time3,584 hrs
Engine time10 SMOH
Avionics / GPSGarmin GNS 530
Avionics / Audio panelGARMIN GMA 340
Avionics / DMEDME 890
ADS-BYes
Garmin GPS ADS-B

Description

New Windows Installed 6/2024

Avionics

Apollo 360 VFR GPS/Nav Garmin GNS 530 Garmin GTX 345 Transponder Narco DME 890 Narco MK12D + TSO Nav/Com Garmin GMA 340

Recommended avionics upgrades

Garmin GTN 750Xi

A GNS 530 is a drop-in upgrade to the GTN 750Xi — bigger touchscreen, WAAS/LPV, and modern nav/comm/MFD.

See prices & suppliers ›
Garmin GFC 500 autopilot

No autopilot is listed — a GFC 500 (or S-TEC 3100 / Trio Pro Pilot where the GFC isn't STC'd) adds a modern digital autopilot with envelope protection, subject to model approval.

See prices & suppliers ›

Suggestions are based on the panel described in this listing; verify STC approval for this make/model before any installation.

Service Difficulty Reports (SDRs)

Checking FAA service difficulty reports…

Airworthiness Directives (ADs)

Checking airworthiness directives…

General

Year1978
ManufacturerPIPER
ModelLANCE II
Serial Number32R-7885093
Registration #N31397
ConditionUsed
Based atKIXD

Airframe

Total Time3,584.46
Useful Load1,397 lb

Engine

Engine 1 Make/ModelLYCOMING IO-540-K1G5D
Engine Serial NumberL-18017-48A
Engine 1 Time10 SMOH
Engine TBO2000

Props

Prop ManufacturerHARTZELL
Prop ModelHC-C3YR-1RF
Prop Time13 SNEW

Avionics

ADS-B EquippedYes
Avionics/RadiosApollo 360 VFR GPS/Nav Garmin GNS 530 Garmin GTX 345 Transponder Narco DME 890 Narco MK12D + TSO Nav/Com Garmin GMA 340

Exterior

Year Painted2023

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  $178,000–$182,500

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 N31397. More flight tracking ›