Piper CHEYENNE 400LS Market Report
Turboprop · generated 2026-08-31 · fyiAero market data, FAA registry, NTSB, aircraft.com sold records.
Market summary
23in operation (FAA)
3for sale · 13.0% of fleet
$999kaverage asking
$999kmedian asking
30avg days on market
1registry transfers, 6 mo
8.1 yravg length of ownership
| Low | Avg | High | |
|---|---|---|---|
| Asking price | $999k | $999k | $999k |
| Model year | 1986 | 1987 | 1989 |
| Airframe time | 5,076 | 6,397 | 7,352 |
| Days on market | — | 30 | 35 |
For sale & average asking by month reconstructed from listing history
| Month | For sale | Avg asking | Trend |
|---|---|---|---|
| 2026-07 | 2 | $999k | |
| 2026-08 | 5 | $997k |
Features of aircraft for sale
| ADS-B | 67% (2) | |
| Autopilot | 67% (2) | |
| Glass flight deck | 67% (2) | |
| GPS navigator | 0% (0) | |
| FIKI | 0% (0) | |
| GTN 750 / 750Xi | 0% (0) |
Where the fleet is based top states, FAA registry
| TX | 4 | |
| FL | 3 | |
| WY | 3 | |
| AR | 2 | |
| DE | 2 | |
| NY | 1 | |
| NJ | 1 | |
| MS | 1 | |
| MA | 1 | |
| IN | 1 |
1 of 23 are individually registered.
Registry transfers by month new registration certificates, 12 mo
| 2025-10 | 1 | |
| 2026-02 | 1 | |
| 2026-07 | 1 |
Aircraft for sale 3 units · asking vs fyiEstimate
Market by model year fleet · for sale · asking
| Year | Fleet | For sale | % | Low | Avg | High |
|---|---|---|---|---|---|---|
| 1984 | 8 | 0 | 0.0% | — | — | — |
| 1985 | 6 | 0 | 0.0% | — | — | — |
| 1986 | — | 1 | — | $999k | $999k | $999k |
| 1987 | 2 | 1 | 50.0% | $999k | $999k | $999k |
| 1989 | 2 | 1 | 50.0% | — | — | — |
fyiEstimate values by model year and airframe time
| Model year | Units | Avg fyiEstimate |
|---|---|---|
| 1986 | 1 | $988,500 |
| 1987 | 1 | $952,250 |
| 1989 | 1 | $857,500 |
| Airframe hours | Units | Avg asking | Avg fyiEstimate |
|---|---|---|---|
| 4,000–5,999 | 1 | $999,000 | $988,500 |
| 6,000–7,999 | 2 | $999,000 | $904,875 |
Recent market activity last 60 days
| Date | Event | Aircraft | Price |
|---|---|---|---|
| 2026-08-16 | Newly listed | 1986 N448CA | $990k |
| 2026-08-16 | Off market | 1986 N448CA | $990k |
| 2026-08-09 | Newly listed | 1987 N400VB | $999k |
| 2026-08-07 | Newly listed | 1987 N400VB | $999k |
| 2026-07-28 | Newly listed | 1989 | Inquire |
| 2026-07-27 | Newly listed | 1986 N448CA | $999k |
Sold aircraft.com sold records · last asking at sale
2sold records
$1,148kavg last asking
$800k – $1,495krange
| Month | Sold | Avg asking |
|---|---|---|
| 2026-08 | 2 | $1,148k |
| Date | Year | Reg | TTAF | Asking |
|---|---|---|---|---|
| 2026-08-16 | 1984 | N411BG | 7,394 | $800k |
| 2026-08-10 | 1984 | N370AB | 6,521 | $1,495k |
Operating costs full cost analysis →
$927,875annual budget · 325 hrs
$2,345variable cost / hour
$7.22cost per nm
120.0gph fuel burn
fyiEstimate values are market estimates from comparable asking prices (which skew high versus sold prices), not certified appraisals. Fleet and ownership figures from the FAA Releasable Registry; "registry transfers" count new registration certificates issued. Sold records from aircraft.com reflect the last asking price, not the transaction price. Monthly history is reconstructed from when listings first and last appeared.
