Let’s get the top-line item out of the way first: The Archer III is a very expensive airplane. New Piper Aircraft, Inc., doesn’t list a standard price on the company web site, but I priced an Archer III four years ago at just under a quarter-million (with air conditioning). Adding the latest glass-panel option, which costs over $55,000, will easily push the price over $300,000. And that’s a lot of money for a four-place piston single.
You can find nice used Archers from the 1970s and ‘80s for $50,000-$80,000. Heck, for $300,000 you can find some pretty nice twins! Why would anyone pay that price for a piston single? Read on!
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