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Single-Engine Piston

1978 PIPER TURBO LANCE II

Madisonville, TN · USA
$174,900 fyiEstimate $177,500–$182,000 How this estimate is built

Starts from the median asking price of 5 comparable PIPER TURBO LANCE II listings ($174,900), then adjusts for:

  • Airframe time -813 hr vs comps +1.6%
  • Engine time +315 hr vs comps -0.9%
  • Market supply: 6 for sale of 204 FAA-registered +2.1%

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

1978
3,227 hrs
N30173
32R-7887270
1
William C Tolman Individual
Per the FAA aircraft registry (public record)
📍 Maryville, TN

Overview

Make / ModelPIPER TURBO LANCE II
TypeSingle-Engine Piston
Airframe time3,227 hrs
Engine time1533 SMOH
Avionics / GPSGarmin GNS 430
Avionics / TransponderGarmin GTX 335
Avionics / OtherGarmin GNS-430W
ADS-BYes
InspectionAnnual
Garmin GPS Autopilot ADS-B

Description

Detailed Description Beautiful 1978 Turbo Lance II - PA32RT-300T • No Damage History • 1,305 lbs Useful Load • Club Seating • $174,900 Perfect for family or business cross-country missions, with a great useful load and comfortable 6-place club seating with factory super cabin soundproofing, 6 place intercom system, and Factory Oxygen (dual removable tanks). Fully IFR capable with a WAAS-equipped Garmin stack (430W/400W both with current databases), Garmin GTX-335 (ADS-B Out), King HSI, Altimatic IIIC autopilot with altitude hold and coupler, slaved to HSI, Dynon Avionics Primary Instruments Digital Backup Indicator, JPI EDM-800 Engine Data Monitor, and 406 MHz Satellite ELT. Well maintained with excellent compressions, and zero damage history. Clean paint and interior. Priced at $174,900, but is negotiable. For sale by owner. Full logbooks since new are available in digital (PDF) format. Since the annual expires on October 1, 2026, I will provide a fresh annual from my maintenance shop, or give a $5,000.00 reduction in purchase price as credit for you to obtain your own annual when due. Maintenance & Inspection Status: Damage History: NONE Last Annual: September 2025 - Next due October 1, 2026 (Since the annual expires on October 1, 2026, I will provide a fresh annual from my maintenance shop, or give a $5,000.00 reduction in purchase price as credit for you to obtain your own annual when due.) Current IFR Certification (next due: January 1, 2027) 3227 Total Time Airframe 1305 lb useful load 94 gallon fuel tanks Current IFR Certification No Damage History All logs since new available in digital format (PDF)

Modifications

ENGINE: 1533 SMOH (TIO-540-S1AD 300hp) PROPELLER: 234 hours since overhaul Compression Readings (Sept 2025): #1: 76/80 ' #2: 70/80 ' #3: 78/80 ' #4: 79/80 ' #5: 75/80 ' #6: 76/80

Avionics

#1 Com/GPS: Garmin GNS 430W (IFR Certified, Current Database) #2 GPS: Garmin GNS 400W (IFR Certified, Current Database) #2 Com/Nav: Collins VHF 251 / VHF 351 Transponder: Garmin GTX-335 (ADS-B Out) Autopilot: Piper Altimatic IIIC (with Altitude Hold and Coupler) slaved to HSI HSI: King KI 525A Dynon Avionics D1 Digital Backup Indicator Engine Monitor: JPI EDM-800 Satellite ELT: ACK E-04 406 MHz Satellite ELT ADF: Collins RCR 650 Audio: 6-Place Intercom System

How this aircraft compares

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

Price

60th pct
$145k$250kThis aircraft · $175k

$175k · 60th percentile of 5 listings

Airframe time

40th pct
2,9304,922This aircraft · 3,227

3,227 hours total (TTAF) · 40th percentile of 5 listings

Engine time

80th pct
981,539This aircraft · 1,533

1,533 hours since major overhaul · 80th percentile of 5 listings

Percentile = share of comparable listings at or below this value. Lower airframe/engine hours are generally fresher; price reflects the asking price only.