Aircraft Bluebook–Price Digest At-A-Glance reviewed the market dynamics and values for the Piper Cherokee PA-28-180.

Demand There are approximately 4,216 Piper Cherokee PA-28-180’s on the FAA Registry. Of these, approximately 25 are currently listed for sale. This equates approximately one percent of the total active fleet. Days on Market have been in the range of six months. Over the last few years, the number of Cherokee PA-28-180’s offered for trade at any given time has averaged no more than one percent of total inventory. Information for this review was derived from the Aircraft Bluebook – Price Digest and the FAA. Pricing Current offerings for pre-owned Cherokee PA-28-180’s reported in various aircraft trade publications exhibit a wide range of asking prices from $28,000 USD for early models to $60,000 USD for later model aircraft. Time, equipment and condition will impact not only asking prices, but selling prices as well. Selling prices will normally represent 90%, or greater, of asking prices. Restored and upgraded Cherokee 180’s demand a premium price. Residual Values Using a 40-year-old Piper Cherokee PA-28-180, whose market values have been tracked by Aircraft Bluebook since it was new, this Cherokee 180 was reported equipped new in 1969 at $19,185 USD. In the forty - year period, this aircraft has experienced economic swings that have had little impact on its value. In all, the 1969 Piper Cherokee PA-28-180 has appreciated in value since delivered new in 1969. This has resulted in an average annual appreciation a little more than one percent per year. Aircraft Bluebook–Price Digest Historical Value Reference has demonstrated the market value performance by quarter in the graph for this 1969 model. Other historical values can be obtained at Aircraft Bluebook’s website, www.aircraftbluebook.com. Carl Janssens, ASA Aircraft Bluebook-Price Digest® 9800 Metcalf Avenue Overland Park, KS 66212 AIRCRAFT BLUEBOOK AT-A-GLANCE Piper Cherokee PA-28-180