✈️ Creative Finance Deal: 1971 Piper Cherokee 140

We’ve got another off-market opportunity for those who want to get into aircraft ownership and cashflow without the full upfront price tag.

This one is ready to go, seller-financed and training-ready.

🛩 Aircraft Details

1971 Piper Cherokee 140

Engine: Lycoming O-320-D (upgraded to 160 HP) ~1,100–1,200 hours SMOH
Prop: Just overhauled
Avionics (2022 upgrade): Garmin GFC 500 Autopilot Garmin GPS 375 with ADS-B In/Out Garmin GI 275 AI + HSI (Vacuum system removed) 2 × KX-155 Comms (ILS + VOR) Electronic EGT/CHT Engine Monitor Avionics Master Switch iPad mount on right panel (iPad not included)
Accessories: Cowl plugs
Annual: Valid through Feb 2026
Logs: Complete

Perfect for flight training, time-building, or weekend cross-countries.

💰 Deal Structure

Sale Price: $120,000

Down Payment: $65,000

Seller Financing: $55,000 balance

Term: 84 months (7 years)

Interest: 9.5% fixed

Prepayment Penalty: None — pay it off any time

💡 Estimated Payment: ≈ $950–$1,000 per month

That means you can get into a modernized Cherokee with a GFC-500 and Garmin glass for less than most car payments — and it’s an asset that can generate income if leased to a flight school.

🔑 Why This Deal Makes Sense