This 1/3 share at 39,493 € comes to 118,479 € for the whole aircraft, the price weighed here. Every share is counted at the price of its whole aircraft.
In line with the market
34,889 € below the age-adjusted median
Among the 61 Piper PA-28 adverts from 1963 to 2018
Asking prices
43rd cheapest of 61
Median95,741 €
35,000 €221,500 € and more
Age-adjusted prices
21st cheapest of 61
Median153,369 €
57,505 €adjusted363,922 € and moreadjusted
Prices brought to 2018: 2.5 % of value per year newer, measured on 486 adverts of this kind of aircraft. A gap of more than 20 years counts as 20.
Currently undergoing an annual. Professionally maintained. Upgraded with bare metal respray and interior.
Parts: £33,000 per share (up to 3 shares at this price, 2 shares at approximately £50,000 if only two members)
This model
The usual configuration for this model. This aircraft may differ.
What the advert mentions, answered from the seller's list below.
Glass Cockpit
yes
As the seller listed it
G5 x2
GNS 430
GNC 255A
KR87
The seller's description
Reproduced as published, in the original language.
2 or 3 member PA-28R(T) 201 Arrow IV equity group Wellesbourne
A fantastic opportunity to form an equity group based at the enormously popular Wellesbourne airfield. Utilising an Arrow IV, the whole of the UK is in easy reach, as are the more local airfields around the Midlands which host some tremendous events (e.g. Sleapkosh) and enjoy great facilities (e.g. Halfpenny Green).
The aircraft is already in ownership; the intention is to create up to 2 additional shares and form a small group.
The aircraft is currently undergoing an annual. The intention is to upgrade avionics beyond the current fit (G5 x2, GNS 430, GNC 255A, KR87 etc) to add: engine monitor and autopilot (slot booked at Turweston in February 2027); GTN 650xi (February 2028); engine overhaul (February 2029).
Happy to discuss pricing to establish a good equity structure and provide a runaway for upgrades to come.
The intention is for this a/c to be used by group members for extended touring. A small group ensures great availability whilst offering reasonable costs.
Being based locally to Wellesbourne I'm keen to establish a group based there.
I currently lease an Arrow IV to a flying school but am preparing to take one of the a/c off lease and form an equity group around it instead (and I would be one of the shareholders).
The aircraft benefits from being professionally used and maintained since I purchased in 2018. The aircraft has been upgraded (bare metal respray, interior), avionics (G5 x 2, audio panel and nav/comm), has a three blade prop (useful for a bit more bite into and out of smaller airfields). The plan is to further upgrade the aircraft over time.