1968 Piper Cherokee 160 Fractional Ownership

FAST MINT 1968 Cherokee 160 (Nevada based), 5690 TTAF, 430 SMOH (Pacific Continental: "0.0 time SMOH less accessories and cylinders"; accessories and cylinders done 11/05). New annual and IFR-certified 12/05. Several speed mods: Metco tips, Laminar Flow Systems wheel pants, Knots 2 U Wing root fairing, gap seals, flap seals; very fast and fun to fly. Century 1 Autopilot, KX 125, KX 175 with GS, KMA 24, Sigtronics SPA 400 4-place intercom, King 8002 Loran (not currently installed), EGT. Only damage history was a prop strike in 1999. Hangared at high altitude (Lake Tahoe) since purchase in 2002. New one-piece windshield, glareshield, shoulder harnesses. All log books and ADLOG. Kennon sun shields, Cherokee Service Manual and Parts Catalog on CD, the invaluable 378-page Cherokee Hints and Tips 2000 manual, and several recent issues of both Pipers and Piper Owners magazines go with the plane. Interior 8-9, exterior 9. VREF $43,360. New pictures available Monday from kek@mindspring.com.

* Full Ownership Price: $38,500

* Shared Ownership Estimate:

Share Amount Initial Investment Monthly Investment Hourly Rate

$10,587 $2900 $98 / mo $28 / hr

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Full Ownership Price* Prices subject to change without notice.
Shared Ownership Estimate* Sample investment amount for a 1/4 share in the selected aircraft. If there is a cooperative available in your area offering shares in a similar aircraft, this is what you might expect to pay. Local prices may vary.