HangarMath

Piper PA-23-250 Pre-Buy Checklist

Multi Piston · 880 active

Full Cost Data

Purchase Price

$30K-$200K

Prebuy Items

ADs

Insurance

$2,588

per year (experienced)

Known Maintenance Issues

20 FAA Service Difficulty Reports (2015-2024)

Landing Gear
7
Control Systems
5
Hydraulics / Flight Controls
4
Airframe
3
System Z
1

Source: FAA Service Difficulty Reports (SDR). Higher counts may reflect fleet size.

Safety Record (NTSB)

Public incident data · 1982-2025

34

Total Incidents

32

Accidents

15

Fatal

38.6

Per 1K Fleet

Raw public data from NTSB. Not a safety grade. Compare with fleet size and hours flown.

Purchase Price by Year

1970-1979
$17K-$33K
1980-1989
$22K-$42K
1990-1999
$30K-$58K
2000-2009
$42K-$82K
2010-2019
$66K-$128K
2020-present
$121K-$233K

Frequently Asked Questions

How much does a Piper PA-23-250 cost?

Typical purchase price: $30K-$200K

What should I check before buying a Piper PA-23-250?

Have a qualified A&P mechanic perform a thorough pre-buy inspection of the airframe, engine, avionics, and logbooks.

How much is insurance for a Piper PA-23-250?

Experienced pilots: $2,588-$3,163/year.

Are there any known issues with the Piper PA-23-250?

Check FAA airworthiness directives and type club resources for known issues.

Cost Summary

Purchase$30K-$200K
Annual Fixed$10,388/yr
Hourly Variable$144.65/hr
5-Year Total$154K-$454K

Insurance Estimates

New PPL$3,623-$5,233
Experienced$2,588-$3,163

Engine

ModelLYCOMING TI0-540 SER
Power310 HP
TBO2,000 hrs
Overhaul$74,400-$111,600

Disclaimer

This guide is for informational purposes only. Always hire a qualified A&P mechanic for a professional pre-buy inspection. Data sourced from FAA records and industry benchmarks.