{"id":368,"date":"2011-04-18T09:54:19","date_gmt":"2011-04-18T14:54:19","guid":{"rendered":"http:\/\/flymall.org\/blog\/?p=368"},"modified":"2011-04-18T11:13:03","modified_gmt":"2011-04-18T16:13:03","slug":"piper-lance-evaluation","status":"publish","type":"post","link":"https:\/\/flymall.org\/blog\/2011\/04\/piper-lance-evaluation\/","title":{"rendered":"Piper Lance Evaluation"},"content":{"rendered":"<p>The last annual was completed July 2010.\u00a0 The 91.411 &amp; 91.413 certifications were completed June 2009.\u00a0 The owner states that all ADs, and mandatory service bulletins are up to date as of last annual inspection.<\/p>\n<p>Some notable log entries:\u00a0 The major overhaul on the engine was completed by Barrett Precision Engines in Tulsa Ok in June 2009.\u00a0 It was reinstalled on the aircraft at 2754.2 hobbs time.\u00a0 The total time on the engine is approximately 5900 hours.\u00a0 In May of 1982 there is a log entry to replace a horizontal stabilizer and \u201cone tip\u201d.\u00a0 There is also a log entry for a ferry flight for this repair.\u00a0 The aircraft was repainted in February 1992 using DuPont Imron system.\u00a0 There are several log entries made by Three Wing Flying Services for skin replacement due to cracks in the skin.\u00a0 These entries and the May 1982 entry are not considered \u201cdamage history\u201d in my opinion.\u00a0 A new interior (seat coverings and side panels) was installed in 1994 and the material has the proper FAA certification paperwork in the log books.\u00a0 A new windshield was installed in March 2004.\u00a0 The aircraft appears to have been operated on a Part 135 certificate based on log book entries to comply with Part 135 requirements.<\/p>\n<p>The average price for the current online listings is $130,500 USD.\u00a0 The most comparable aircraft online have an asking price of approximately $149,900 USD.\u00a0 Most likely these aircraft will sell in the mid $130,000 USD range plus or minus based on a careful review of the aircraft and records.<\/p>\n<p>My review of the log books and aircraft show that the aircraft is in very good condition.\u00a0 The log books appear to be in order and complete.\u00a0 The aircraft shows very\u00a0well with only one minor flaw in the paint \u2013 <a href=\"http:\/\/www.flickr.com\/photos\/flymall\/sets\/72157626523252692\/\">see photos for details<\/a>.\u00a0 The interior is \u201clike new\u201d and in my opinion better than average for an aircraft of that year.\u00a0 I also search the NTSB database which showed no results.<\/p>\n<p>I have included a <a href=\"http:\/\/flymall.org\/docs\/2980Q\/2980QBlueBook.pdf\">BlueBook appraisal for reference<\/a>.\u00a0 I priced the items that were in the BlueBook database or that I was able to find online or by other reliable resources.\u00a0 I have also included a snapshot of the listings on the <a href=\"http:\/\/flymall.org\/docs\/2980Q\/2980QController.pdf\">Controller<\/a>, <a href=\"http:\/\/flymall.org\/docs\/2980Q\/2980QASO.pdf\">ASO<\/a>, and <a href=\"http:\/\/flymall.org\/docs\/2980Q\/2980QTAP.pdf\">Trade-A-Plane<\/a>.\u00a0 Based on all of this information (and recent sales that I made) I would put a fair market price of $125,000 USD to $135,000 USD.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The last annual was completed July 2010.\u00a0 The 91.411 &amp; 91.413 certifications were completed June 2009.\u00a0 The owner states that all ADs, and mandatory service bulletins are up to date as of last annual inspection. Some notable log entries:\u00a0 The major overhaul on the engine was completed by Barrett Precision Engines in Tulsa Ok in [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":""},"categories":[1],"tags":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p95FsX-5W","jetpack-related-posts":[{"id":949,"url":"https:\/\/flymall.org\/blog\/2013\/10\/n731wa-appraisal\/","url_meta":{"origin":368,"position":0},"title":"N731WA Appraisal","date":"October 24, 2013","format":false,"excerpt":"N731WA Appraisal Summary 1973 Piper PA34200 SN 347350245 12,457 TTAF Time SMOH on right engine is 1486.6 (based on current tac of 3576.6). Time SMOH on left engine is 879.6 (based on current tac of 2857.3). \u00a0 A visual inspection and log book analysis was performed October 20 2013 on\u2026","rel":"","context":"In &quot;Newsletters&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1303,"url":"https:\/\/flymall.org\/blog\/2016\/07\/n736le-appraisal-draft-july-28-2016\/","url_meta":{"origin":368,"position":1},"title":"N736LE Appraisal Draft July 28 2016","date":"July 28, 2016","format":false,"excerpt":"Kraemer Aviation Services \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Aircraft Appraisal Report \u00a0 Client: \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 LADY EDITH HAWKER FLIGHT CO LLC\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Phone: (561) XXX-XXXX Address: \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Bethesda, Maryland \u00a0 \u00a0 This report is intended to be used by: \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 LADY EDITH HAWKER FLIGHT CO LLC & XXXXXXX \u00a0 This report should not be distributed\u2026","rel":"","context":"In &quot;Newsletters&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1299,"url":"https:\/\/flymall.org\/blog\/2016\/07\/n736le-appraisal-notes\/","url_meta":{"origin":368,"position":2},"title":"N736LE Appraisal Notes","date":"July 21, 2016","format":false,"excerpt":"736LE Notes Serial number NA 736 Tronair tow bar Sperry Color Radar 7 belted passenger seats \u00a0 \u00a0 N800AF N731MS N852A \u00a0 CAMP log 1993 to 1995 CAMP log 1991, 1992, 1994 \u00a0 1987 Hawker 800A \u2013 FAA says 1989 \u00a0 CAMP report dated 9-22-2000 for N731MS 9838 TTAC \u2013\u2026","rel":"","context":"In &quot;Newsletters&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1187,"url":"https:\/\/flymall.org\/blog\/2015\/07\/aircraft-appraisal-n-5-6-2-7-7-2\/","url_meta":{"origin":368,"position":3},"title":"Aircraft Appraisal N 5 6 2 7 7","date":"July 26, 2015","format":false,"excerpt":"Aircraft Identification Make: PIPER\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Model: PA-32-260 Serial No: 32-73XXXXX Reg. No.: NXXXXX\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Yr. Mfg.: 1973 Type of Aircraft: Single Engine Piston Airframe Total Time: 4193.65 Hrs.\u00a0\u00a0 No. Landings: N\/A\u00a0\u00a0\u00a0\u00a0 Cycles: N\/A Airframe Condition: \u00a0Above average Log Books in Aircraft Appear: Original and complete Comments: The aircraft is stored in\u2026","rel":"","context":"In &quot;Newsletters&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":587,"url":"https:\/\/flymall.org\/blog\/2012\/02\/kitfox-iv-appraisal\/","url_meta":{"origin":368,"position":4},"title":"Kitfox IV Appraisal","date":"February 14, 2012","format":false,"excerpt":"The aircraft is hangared at the Frederick Municipal Airport in Frederick, Maryland (KFDK).\u00a0 The aircraft was built by the current owner Doug Kelly.\u00a0 Overall the aircraft is in very good condition.\u00a0 It has been painted to resemble the famous racing plane the Howard DGA-6 (Mister Mulligan).\u00a0 Click here for more\u2026","rel":"","context":"In &quot;Newsletters&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":426,"url":"https:\/\/flymall.org\/blog\/2011\/07\/182-appraisal-n33zt\/","url_meta":{"origin":368,"position":5},"title":"182 Appraisal N33ZT","date":"July 28, 2011","format":false,"excerpt":"A search of the FAA database shows N33ZT registered as a 1977 182Q however by serial number it is considered a 1978.\u00a0 This appraisal was complete using the computer program Aircraft Bluebook Price Digest (current edition).\u00a0\u00a0 The average retail sale price of a 1977 182Q is $63,000 USD and the\u2026","rel":"","context":"In &quot;Newsletters&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/flymall.org\/blog\/wp-json\/wp\/v2\/posts\/368"}],"collection":[{"href":"https:\/\/flymall.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/flymall.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/flymall.org\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/flymall.org\/blog\/wp-json\/wp\/v2\/comments?post=368"}],"version-history":[{"count":3,"href":"https:\/\/flymall.org\/blog\/wp-json\/wp\/v2\/posts\/368\/revisions"}],"predecessor-version":[{"id":371,"href":"https:\/\/flymall.org\/blog\/wp-json\/wp\/v2\/posts\/368\/revisions\/371"}],"wp:attachment":[{"href":"https:\/\/flymall.org\/blog\/wp-json\/wp\/v2\/media?parent=368"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/flymall.org\/blog\/wp-json\/wp\/v2\/categories?post=368"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/flymall.org\/blog\/wp-json\/wp\/v2\/tags?post=368"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}