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Single-Engine Piston

1978 PIPER TURBO LANCE II

🕒 Listed 4 weeks ago
$249,000
fyiEstimate $223,500–$229,000 ⓘ How this estimate is built

Starts from the median asking price of 4 comparable Piper TURBO LANCE II listings ($213,125), then adjusts for:

  • Airframe time +1,134 hr vs comps -2.3%
  • Garmin GTN 750Xi (50% of comps) +5.4%
  • Market supply: 5 for sale of 204 FAA-registered +2.9%

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

1978
5,615 hrs
N31920 ✈ Flight Tracking
—
32R-7887015
LYCOMING TIO-540-S1AD
1
HARTZELL HC-E3YR-1RF
KSAW
📍 Marquette, Michigan
Harold Motor Sports LLC
Per the FAA aircraft registry (public record)

Overview

Make / ModelPiper TURBO LANCE II
TypeSingle-Engine Piston
Airframe time5,615 hrs
Engine time349 SMOH
Prop blades3
Avionics / GPSGarmin GTN 750Xi
Avionics / AutopilotGARMIN GFC 500
Avionics / Nav / com radioGarmin SL30
ADS-BYes
InspectionAnnual
AirworthyYes
Garmin GPS Autopilot ADS-B

Description

Reduced Price!! Likely the nicest Lance Turbo II on the market! Exceptional quality throughout, exceptional avionics and very low time since overhauls. Always hangared, always premier maintenance. All the speed mods, unique factory air conditioning and cabin ventilation, full leather club-seating. Take advantage of value that is certain to only continue to increase.

Modifications

Equipped with a comprehensive suite of Knots 2U speed-enhancement fairings and seals to maximize cruise efficiency and aerodynamic performance: Knots 2U Wing Root Fairings Knots 2U Stabilator Gap Seals Knots 2U Flap Gap Seals Knots 2U Gear Lobe Fairings LoPresti Hubba Caps

Avionics

• Garmin GTN 750 Xi Touchscreen Flight Navigator • Flight Instruments: Dual Garmin G5 Electronic Attitude Indicator / HSI with GPS Nav • Interface/Autopilot: Garmin GFC 500 Digital Autopilot (Fully Integrated) • Transponder: Garmin GTX 345 ADS-B In/Out • Secondary NAV/COM: Garmin SL30 • Engine Management: Digital Electronic Engine Monitor • Cabin Amenities: CH93 MAX Digital Clock Dual USB-A & USB-C Power Ports Dual Push-to-Talk Electric Trim Digital OAT Vertical Card Compass

Service Difficulty Reports (SDRs)

Checking FAA service difficulty reports…

Airworthiness Directives (ADs)

Checking airworthiness directives…

How this aircraft compares

Where this Piper TURBO LANCE II lands versus other Piper TURBO LANCE II listings on fyiAero.

Airframe time

99th pct
2,2755,615This aircraft · 5,615

5,615 hours total (TTAF) · 99th percentile of 6 listings

Engine time

50th pct
251,923This aircraft · 349

349 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

Year1978
ManufacturerPIPER
ModelTURBO LANCE II
Serial Number32R-7887015
Registration #N31920
ConditionUsed
FlightRulesIFR
Based atKSAW

Airframe

Total Time5,615
Range500 NM
Max Takeoff Weight3,600 lb
Basic Empty Weight2,416 lb
Useful Load1,185 lb
Fuel Capacity Volume94 gal
Complete LogsYes

Engine

Engine 1 Make/ModelLYCOMING TIO-540-S1AD
Engine Serial NumberL-5304-61A
Engine Horsepower300 HP
Engine 1 Time349 SMOH
Engine TBO2000
Year Engine Overhauled or Installed as New2019
Engine Time Remaining To Overhaul1651
TurbochargedYes

Props

Prop ManufacturerHARTZELL
Prop ModelHC-E3YR-1RF
Prop Time349 SMOH
Number of Blades3
Blade CompositionAluminum

Avionics

GPS 1 Manufacturer/ModelGARMIN GTN 750XI
GPS 2 Manufacturer/ModelGARMIN SL30
Transponder 1 Manufacturer/ModelGARMIN GTX345
Auto PilotYes
Autopilot Manufacturer/ModelGARMIN GFC500
ADS-B EquippedYes
WAASYes
LPVYes
Active TrafficYes
Terrain Warning SystemYes
Engine MonitorYes
Avionics/Radios• Garmin GTN 750 Xi Touchscreen Flight Navigator • Flight Instruments: Dual Garmin G5 Electronic Attitude Indicator / HSI with GPS Nav • Interface/Autopilot: Garmin GFC 500 Digital Autopilot (Fully Integrated) • Transponder: Garmin GTX 345 ADS-B In/Out • Secondary NAV/COM: Garmin SL30 • Engine Management: Digital Electronic Engine Monitor • Cabin Amenities: CH93 MAX Digital Clock Dual USB-A & USB-C Power Ports Dual Push-to-Talk Electric Trim Digital OAT Vertical Card Compass

Additional Equipment

A/CYes

Modifications/Conversions

Modifications/ConversionsEquipped with a comprehensive suite of Knots 2U speed-enhancement fairings and seals to maximize cruise efficiency and aerodynamic performance: Knots 2U Wing Root Fairings Knots 2U Stabilator Gap Seals Knots 2U Flap Gap Seals Knots 2U Gear Lobe Fairings LoPresti Hubba Caps

Interior

Year Interior2025
Number of Seats6
ConfigurationPassenger

Exterior

Year Painted1996

Inspection Status

Inspection StatusWill be delivered with an October, 2026 annual inspection.
AirworthyYes

Operating costs & specifications — Piper PA 32RT 300T Turbo Lance II

Typical model-level figures for the Piper PA 32RT 300T Turbo Lance II (not this specific airframe).

$34,868annual budget · 91 hrs/yr
$197variable cost / hour
$1.13cost per nm
19.0gph fuel burn
$175,677avg pre-owned asking fyiEstimate  $223,500–$229,000

Performance & dimensions

Range648 nm
Cruise speed175 kts · 201 mph
Takeoff / landing1410.0 / 1050.0

About this plane

Single engine piston aircraft with retractable landing gear. The PA-32RT-300T Turbo Lance II seats up to 6 passengers plus 1 pilot.

Previous listing for N31920

Previous listing photo of N31920

1978 PIPER TURBO LANCE II

Then asking
$249k
Airframe
5,582 hrs
Engine
LYCOMING
View previous listing ↗ · last seen Oct 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 N31920. More flight tracking ›