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Piper · 1976–1978

Piper Lance (1976-1978)

piperlanceretractablelow-wingsix-seatcross-countryhaulerComplex300hpcherokee-six-airframe

Specifications

Performance

Cruise

155KTAS

Range

900nm

Climb

1000fpm

Ceiling

14,600ft

Fuel Burn

15.5gph

Fuel Cap.

94gal

MPG

11.5mpg

Stall (Vs0)

55KIAS

T/O roll

960ft

Ldg roll

720ft

Size & weight

Seats

6

Useful Load

1,620lbs

Full-fuel payload

1,056lbs

Max gross

3,600lbs

Wingspan

32.8ft

Length

27.7ft

Engine

Engine

Lycoming IO-540-K1G5D

Power

300hp

TBO

2,000hrs

Overhaul

$52k

Owning it

Hull insurance

$2k/yr

Parts

good

Mechanics

common

Gear

Retractable

IFR

Yes

Category

certified

Full specification

V-speeds

Vne188 KIAS
Vno149 KIAS
Va109 KIAS
Vs167 KIAS
Vx78 KIAS
Vy96 KIAS
Best glide105 KIAS

Airframe

Empty weight
1,980 lbs
Max fuel weight
564 lbs
Height
7.9 ft
Wing position
low

Obstacle performance

Takeoff over 50 ft
1,660 ft
Landing over 50 ft
1,490 ft

Paperwork

Type certificate
A3SO
Certification basis
CAR 3

These figures are typical for the model, not a specification for any individual aircraft. Real-world numbers vary with year, installed equipment, weight, modifications and engine condition — often by more than you would expect. Use them to compare types, and confirm anything you would act on against the Pilot's Operating Handbook for that specific airframe and a prebuy inspection.

Pricing

Typical

$145k

Range

$105k – $195k

Annual all-in

~$31k/yr

All-in at ~100 flying hours a year, using the midpoint of each range — the same figures broken out under “Cost to own” below. Your number will differ, and mostly for two reasons. Experience sets your insurance: a 2,000-hour pilot with recent training pays 30–40% less than a 200-hour owner, and student owners pay 20–40% more — on the same aircraft that is often a doubling. Location sets your hangar: a T-hangar runs $200–400 a month in the Midwest against $400–1,500 in a coastal metro, and an outside tie-down is less again. Engine reserves move too — a local shop reusing your serviceable cylinders can come in 30–50% under the national specialty-shop pricing we quote, though you trade the warranty and turnaround that comes with it. Reserves are money set aside toward a future overhaul, not a bill this year, and the annual inspection figure is the shop’s labor to look — whatever they find is separate.

Cost to own — estimate

Set your yearly hours and local fuel price. Fixed costs (insurance, hangar, annual inspection) don't change with hours; fuel, maintenance and the engine reserve do.

100
201000
$6.50
3.0010.00
Fixed costs split; fuel, reserves and wear stay yours.
Fuel (15.5 gph)
$10,075
Engine reserve
$2,600
Propeller reserve
$175
Maintenance, parts & wear items ($22/hr)
$2,200
Insurance
$2,400–$4,850
Hangar
$5,451–$13,628
Annual inspection (labor only)
$2,500
Databases & subscriptions
$700
Total per year
$31,415
Per flight hour
$314
Miles flown / year (at cruise)
17,837 mi
Cost per mile
$1.76/mi
300 nm
100 nm1,000 nm
Time in the air
1 hr 56 min
Fuel burned
30 gal
Out of pocket
$291

Fuel, engine reserve and wear only. Insurance, hangar and the annual are already paid whether you make the trip or not, so they are not charged here.

Estimate, not a quote. Where a line shows a range, the total, per-hour and per-mile figures use its midpoint— insurance moves most with your experience and time in type, hangar with where you base the aircraft, so your own number could sit at either end. Annual inspection is the shop's labor to open and inspect — what they find is the maintenance line, which covers oil changes, plugs, tires, brakes, hoses, lights, a battery and vacuum pump amortised over their life, and the unscheduled squawks that are the largest and least predictable part of it. Reserves are sinking funds toward an overhaul, not a bill you pay this year — and note that a propeller is due on hours or calendar time, typically six years, so flying less does not put it off forever.

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Strengths

  • Six seats, 94 usable gallons, genuine 900 nm range with payload
  • Lycoming IO-540 superbly supported; any A&P can maintain it
  • Business-class cabin and easy IFR platform for cross-country
  • Low acquisition cost relative to Beechcraft A36 with more capacity

Weaknesses

  • Retractable gear system is high-maintenance cost vs. fixed-gear sibling
  • Wing spar is critical pre-buy item; AD 2020-26-16 requires eddy-current inspection and factored-hours calculation
  • Narrow gear retraction/extension window (109–130 knots) on hot departures
  • Annual costs run $17,000–$24,000 at 100 hours/year; engine reserve alone is $26/hour

Overview

The PA-32R-300 Lance is a Cherokee Six 300 with the gear pulled up. The certificate says as much:

Same as Model PA-32-300 except for redesigned wing and engine mount to accommodate retractable landing gear, gross weight increase, increased capability fuel system and other minor changes.

Three real changes come with the gear: gross weight up from 3,400 to 3,600 lb, usable fuel up from an unstated figure on 84 gallons total to a stated 94 usable of 98, and about 10 to 12 knots of cruise. It keeps the Hershey-bar wing, the wide six/seven-place cabin, the 200 lb baggage limit and the same 300 hp Lycoming IO-540.

Against a Beechcraft A36 it is slower and cheaper and carries considerably more. Against its own fixed-gear sibling it is faster and costs more to insure and maintain — the usual retractable trade, plus a gear system that is genuinely worth budgeting for.

Variants & History

Every row is from TCDS A3SO. The frontmatter describes the PA-32R-300.

VariantFAA sectionSerialsEngineTailVne / Vno / Va (kt)Notes
PA-32R-300 LanceIV32R-7680001–32R-7880068IO-540-K1A5D on the first 140 serials, IO-540-K1G5D from 32R-7680141conventional188 / 149 / 109 CASthe airplane this page describes
PA-32RT-300 Lance IIV32R-7885002–32R-7985106IO-540-K1G5DT-tail189 / 150 / 132 CASflaps travel 30° not 40°; rudder 36° not 27°; holds the CAR 3.757 equivalent safety finding
PA-32RT-300T Turbo Lance IIVI32R-7787001, 32R-7887002–32R-7987126TIO-540-S1ADT-tail189 / 150 / 132 CAS300 hp for 5 min at 2,700 rpm / 36.0" Hg; 270 hp maximum continuous at 2,575 rpm / 33.0" Hg

All three carry 3,600 lb maximum weight, 98 gallons with 94 usable, 200 lb of baggage and seven seats (six with the optional club installation under NOTE 11).

The Turbo Lance II has no catalogue page of its own. It is a real FAA model on this certificate and the only PA-32 with a published maximum-continuous derate, so its cost model and its high-altitude case are genuinely different from anything currently in the catalogue. That is a gap, recorded rather than filled.

The engine split on the Lance itself

The certificate names two engines and splits them by serial:

Engine Lycoming IO-540-K1A5D Lycoming IO-540-K1G5D for S/N 32R-7680141 through 32R-7880068 (See NOTE 13)

The IO-540-K1A5D covers S/N 32R-7680001 through 32R-7680140 — 140 airframes, a single within-year sequence, so that count is exact. The K1G5D covers everything from 32R-7680141 to the end of production across 1976, 1977 and 1978. engine_model stores the K1G5D as the block nearly the whole fleet carries. Both are 540 cubic-inch injected Lycomings at 300 hp with the same overhaul figure, so nothing else on the page turns on it — but if you are looking at a very early 1976 airframe, check the data plate.

Performance

Read this section as an indication, not as book numbers. Nothing in it is sourced.

The frontmatter's 155 KTAS, 15.5 GPH, 1,000 fpm and 900 nm are generation-pass figures. The power setting they describe is not recorded, so cruise_percent_bhp and cruise_altitude_ft are left blank rather than assumed.

The certificated limits are sourced:

LimitCertificate valueBasis
Never exceed217 mph / 188 knotsCAS
Maximum structural cruising172 mph / 149 knotsCAS
Maneuvering (Va)125 mph / 109 knotsCAS
Maximum flaps extended125 mph / 109 knotsCAS
Maximum gear extension150 mph / 130 knotsCAS
Maximum gear retraction125 mph / 109 knotsCAS

Take the bracketed knots. The old page's 195/156 matched neither column of this section.

The limits are calibrated. A3SO grants its equivalent safety finding for CAR 3.757 — the airspeed-marking rule that lets indicated stand in for calibrated — to the Lance II, the Turbo Lance II and the Saratogas, but not to the PA-32R-300. It is the only retractable on the certificate without one. So these figures are stored as published rather than converted, because converting them would be a guess.

Note the gear speeds, which are the numbers that actually shape how you fly it: 130 knots to put the gear down, 109 to bring it up. The retraction limit is the same as flaps-extended and the same as Va, which makes for a tidy set of numbers to remember and a narrow window on a hot departure.

Payload & Range

Built on the frontmatter's 1,980 lb empty weight and 1,620 lb useful load, both unsourced generation-pass figures — weigh the actual airplane. Fuel is figured at 6.0 lb/gal, the density the certificate's own NOTE 1 arithmetic implies (98 − 94 = 4 gal against 24.0 lb).

ScenarioFuel (gal)Fuel (lb)Payload (lb)Range (nm)
Full fuel, 94 usable945641,056~900
Full fuel + 4 adults at 17094564376 lb of bags left~900
6 adults + bags, part fuel603601,260~575
Maximum payload, minimum fuel301801,440~285

The gear costs about 200 lb of payload against the fixed-gear Cherokee Six and buys back 10 to 12 knots. Over a 500 nm leg that is roughly 20 minutes. It is a real trade and it goes different ways for different buyers.

The binding constraint on a loaded Lance is usually the aft CG limit, not the weight. The certificate's envelope narrows sharply above 2,900 lb — from +80.0 to +95.0 inches at 2,900 lb down to +91.4 to +95.0 at 3,600 lb — so a full rear cabin with the tanks low is the loading to watch.

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Mission Suitability

  • Flight Training (2/10): Wrong airplane for primary instruction, but a legitimate complex and high-performance trainer if one is already in the family.
  • Backcountry (1/10): Retractable gear on unimproved surfaces, low wing, limited clearance. No.
  • Business Travel (9/10): Six seats, 150-plus knots, long legs, a big cabin and an easy IFR platform. This is what the Lance is for.
  • Aerobatics (1/10): Normal category. NOTE 2's placard: "NO ACROBATIC MANEUVERS, INCLUDING SPINS, APPROVED."
  • Cross-Country (9/10): 94 usable gallons and 3,600 lb of gross weight makes genuinely long legs with people aboard.
  • Cargo Hauling (9/10): Large useful load and the Cherokee Six cabin, though the retractable gear costs about 200 lb of empty weight against the fixed-gear airplane.
  • Local Fun (5/10): Pleasant to fly, expensive to fly often.
  • Surveying (5/10): Carries a payload; the low wing blocks the view down.

Avionics Ecosystem

TierTypical configurationAircraft price range
Basic VFRDual nav/com, transponder, ADS-B Out$105,000-$125,000
Basic IFRGarmin GNS 430W, basic autopilot, ADS-B$125,000-$155,000
Full IFRGTN 650Xi/750Xi, GFC 500, G5 PFD/MFD$155,000-$195,000

The Lance's price band is narrow enough that a large panel investment rarely returns in resale. Buy the panel you want.

See Avionics Pricing Reference.

STCs & Modifications

STC/ModProviderDescriptionApprox. costEffect
Gap seals and fairingsKnots 2UWing root fairings, flap gap seals$1,500-$3,000+5-8 kt cruise
Vortex generatorsMicro AerodynamicsWing VGs$2,500-$3,500lower stall, better aileron authority
Engine monitorJPI / EIDigital engine monitor$2,500-$5,000leaning and trend data
LED lightingVariousFull LED conversion$2,000-$4,000visibility, electrical load
AutopilotGarmin GFC 500Modern digital autopilot$8,000-$15,000envelope protection
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Maintenance & Support

Parts (good). The IO-540 is superbly supported. Lance-specific gear components are a narrower market than the airframe generally, which is why this page reads "good" rather than "excellent".

Mechanics (common). Any general aviation A&P can work a PA-32; the gear system rewards a shop that has seen one before.

Annual cost:

  • Routine annual: $3,000-$4,500 (the gear swing and inspection adds to a Cherokee Six annual)
  • Annual with typical squawks: $5,000-$9,000
  • Engine reserve: $26/hour ($52,000 ÷ 2,000 TBO)
  • Propeller reserve: about $3/hour
  • All-in at 100 hours a year: $17,000-$24,000

Expensive items: IO-540 overhaul $52,000 at national specialty pricing · wing spar work, five figures per wing · gear actuator and hydraulic overhaul · exhaust system $3,000-$5,000 · fuel bladders $2,000-$4,000 per tank · constant-speed propeller overhaul $3,000-$5,000.

Overhaul pricing is the house figure from reference/engine-overhaul-pricing.md.

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Valuation Factors

VariantConditionTypical range
Lance (1976-1978, conventional tail)well maintained$120,000-$185,000
Lance II (1978-1979, T-tail)well maintained$105,000-$165,000
Turbo Lance II (1978-1979, T-tail)well maintained$110,000-$180,000

The price block is not sourced. It is inherited from the generation pass and asking prices are perishable.

Value adds: modern panel +$25,000-$50,000 · fresh engine +$20,000-$30,000 · recent gear overhaul +$5,000-$10,000 · documented spar inspection.

Value detractors: high spar time -20-40% · run-out engine -$20,000-$30,000 · deferred gear maintenance · T-tail (against a conventional-tail airplane of the same year) · corrosion history -15-25%.

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ADs & Common Problems

Airworthiness directives. The PA-28/PA-32 main wing spar directive (AD 2020-26-16, as recorded elsewhere in this catalogue — confirm the applicable list for a specific serial against the FAA's own AD database rather than relying on this page) brought in a factored-service-hours calculation, an eddy-current inspection of the lower spar cap bolt holes at the threshold, and a life limit on unmodified spars. Spar status is now a primary valuation input.

Common problems:

  • Wing spar condition. The biggest pre-buy item on any Cherokee-family airframe. Get the factored hours computed and the inspection status in writing.
  • Retractable gear system. Gear motor, hydraulic pump, actuators, doors and micro-switches. Budget for it and have it swung and inspected at pre-buy. This is the cost the fixed-gear Cherokee Six does not have.
  • Aft CG. With seven seats in a fuselage this long, the loading envelope is the real limit rather than the weight. Verify the weight and balance report is current and that the club-seat installation (NOTE 11 moves the rear seats aft) is reflected in it.
  • IO-540 cylinders. Borescope all six.
  • Exhaust system cracks. $3,000-$5,000 every 800-1,200 hours.
  • Fuel bladder leaks. $2,000-$4,000 per tank.
  • Seat rail pin engagement. Recurring Cherokee-family item.

Insurance Profile

  • Hull: retractable gear roughly doubles to triples the rate against a fixed-gear single — Trent's own binders put a fixed-gear Grumman at 0.91% of hull and a retractable Mooney at 1.67% for a 500-hour instrument-rated pilot and 3.33% at 250 hours. See reference/insurance-costs.md.
  • Liability ($1M smooth): $900-$1,400/year.
  • Pilot requirements: typically 500+ hours total with retractable time, a complex endorsement and a high-performance endorsement. Low-time buyers should expect a dual-instruction requirement written into the policy.
  • The single biggest lever is pilot hours, not the airplane.

See GA Insurance Underwriting.

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For sale (0)

No listings for this model right now.

For sale elsewhere (1)

Current ads on Barnstormers, checked daily. Photos, full details and the seller are on the listing site.

1976 Piper Lance (1976-1978)

Listed on Barnstormers
$125,000
AZ
TT: 16,000 hrs
SMOH: 2,000 hrs
View photos and full ad on Barnstormers ↗

What buyers usually weigh against the Piper Lance (1976-1978) — aircraft flown for the same kind of mission.