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2002 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 -1,303 hr vs comps +2.6%
- Engine time +603 hr vs comps -1.8%
- Autopilot (uncommon in comps) +2.0%
- Market supply: 9 for sale of 336 FAA-registered +2.3%
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 | 3,487 hrs |
| Engine time | 1874 |
| Avionics / GPS | Garmin GNS 430 |
| Avionics / Transponder | Garmin GTX 345 |
| Avionics / Other | Garmin GNS-430W |
| Inspection | Annual |
Description
Detailed Description 2002 Piper Arrow PA 28R-201 Lycoming IO360C1C6 Airframe Total Time: 3487 Engine SFRM: 1874 Prop SMOH: 655 ELT 11/2027 IFR Cert 4/2028 Factory AC 72 Gallon Fuel Capacity Hangered at KFMY & KORL Extensively maintained and upgraded over the last 3 years with over $60K invested! Excellent compression and engine oil analysis, no damage, no corrosion. Lowered price - Relocating west and upgrading to a turbo. Flown regularly throughout the southeast, absolutely no squawks. Recent annual completed (4/2026), Full digital logs available. Maintained with open checkbook by Bill Turley at Aircraft Engineering (KBOW). Avionics Audio Panel: Garmin 340 Nav/Comm: (2) Garmin GNS 430W Transponder: GTX 345 Autopilot: STEC 55X HSI: BENDIX KING KCS-55A CDI: GARMIN GI 106 Notable Maintenance: 2026 Annual: AC clutch, spark plugs, new battery, all brake & gear hydraulic hoses 2025 Annual: new alternator, new magnetos, new fuel pump, ELT, new gear horn, new tires/tubes, brake master cylinders & park brake 2024 Annual: electric trim switch, Whelen LED wing lights, cowling oil door replacement, nose gear cylinder, muffler, 2023 Vacuum pump, new glareshield Avionics Repair/Replacement: Attitude Indicator Replacement: (5/2023) GNS 430W Garmin Factory Reman (6/2023) HSI Replacement: KG 102A GYRO (5/2024) GNS 430W Rebuild (3/2026)
How this aircraft compares
Where this PIPER ARROW III lands versus other PIPER ARROW III listings on fyiAero.
Price
33rd pct$149k · 33rd percentile of 12 listings
Airframe time
19th pct3,487 hours total (TTAF) · 19th percentile of 16 listings
Engine time
93rd pct1,874 engine hours · 93rd 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.
