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Single-Engine Piston

1978 PIPER LANCE II

🕒 Listed 2 months ago
$165,000
fyiEstimate $159,000–$163,500 ⓘ 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 +681 hr vs comps -1.4%
  • Engine time +336 hr vs comps -2.7%
  • Modern GPS navigator (42% of comps) +2.7%
  • Autopilot (49% of comps) +0.9%
  • 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
5,189 hrs
N999M ✈ Flight Tracking
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—
LYCOMING IO-540
1
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—
📍 Ellington, Missouri
Lesterville Land Holdings LLC
Per the FAA aircraft registry (public record)
📍 Ellington, MO

Overview

Make / ModelPiper LANCE II
TypeSingle-Engine Piston
Airframe time5,189 hrs
Engine time1,146 SMOH
Avionics / GPSGarmin GNS 430
Avionics / AutopilotCentury III
AnnualDecember 2025
InspectionAnnual
Garmin GPS Autopilot ADS-B

Description

1978 Piper Lance – IFR Equipped with Air, WAAS, Autopilot & Speed Mods Well-equipped 1978 Piper Lance built for reliable cross-country flying. This aircraft features a mid-time engine, factory air conditioning, and speed mods, making it a practical and comfortable traveling platform. Avionics include a Garmin 430W WAAS GPS/NAV/COM, Garmin 330 transponder, dual Collins NAV/COMs, and a Century III B autopilot for solid IFR capability. Equipped with a JPI EDM 900 engine monitor, uAvionix tailBeacon ADS-B, and Horizon P-1000 digital tach. Spacious cabin enhanced with Rosen sun visors. Last annual completed December 2025—inspection status is current and ready to go. Damage history includes a gear-up landing in 1991. A well-rounded Lance offering strong IFR capability, comfort, and value.

Avionics

Garmin 430W WAAS GPS/NAV/COM Garmin 330 Transponder Collins 251/351 NAV/COMs Century III B Autopilot JPI EDM 900 Engine Monitor uAvionix tailBeacon ADS-B Horizon Instruments P-1000 Digital Tach

Recommended avionics upgrades

Garmin GTN 650Xi

A GNS 430 upgrades naturally to the GTN 650Xi — same footprint, touchscreen GPS/nav/comm with LPV approaches.

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
ConditionUsed
Registration #N999M
FlightRulesIFR

Airframe

Total Time5,189

Engine

Engine 1 Make/ModelLYCOMING IO-540
Engine 1 Time1,146 SMOH
Engine TBO2000

Props

Prop Time1200

Avionics

WAASYes
Engine MonitorYes
Avionics/RadiosGarmin 430W WAAS GPS/NAV/COM Garmin 330 Transponder Collins 251/351 NAV/COMs Century III B Autopilot JPI EDM 900 Engine Monitor uAvionix tailBeacon ADS-B Horizon Instruments P-1000 Digital Tach

Additional Equipment

A/CYes

Inspection Status

Inspection StatusAnnual inspection completed December 2025 Aircraft is current and ready for operation

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  $159,000–$163,500

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.

Previous listing for N999M

Previous listing photo of N999M

1978 PIPER LANCE II

Then asking
$165k
Airframe
5,189 hrs
Engine
LYCOMING
View previous listing ↗ · last seen Aug 2026

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 N999M. More flight tracking ›