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2003 Lancair IV-PExperimental Aircraft

Year
2003
Make
LANCAIR
Series
Lancair IV
Model
IV-P
Tail #
N87AT
Serial #
LIV-251

This 2003 Lancair IV-P (N87AT) presents as a well-built, low-time example with only 400 total hours on the airframe. Powered by a Continental TSIO550-E twin-turbocharged, twin-intercooled engine producing 350 horsepower and paired with a Hartzell 3-blade propeller, this experimental aircraft is IFR-certified and equipped with speed brakes. The avionics suite features dual Garmin 430 WAAS units, a Vision Micro VM1000 engine monitor, and a clean six-pack instrument panel layout, with ADS-B compliance already installed. The seller notes potential for upgrading to a Garmin G3X panel through their affiliated avionics specialists.

The aircraft sports a distinctive 2003-era custom paint scheme with an all-white base accented by blue flames, complemented by a blue leather interior from the same period. Currently maintained with an inspection status valid at sale, this four-seat Lancair is being sold as the owner transitions to cabin-class aircraft. Echelon Flight Support emphasizes their established relationships with financing and insurance providers to facilitate purchase. The listing notes all specifications are subject to verification prior to sale.

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Asking Price

$285,000

Location

Decatur, Texas

Listing Details

Condition
Used
Sale Type
For Sale

Price History

Apr 20, 2025: $285,000 - controller

Contact Seller

First Seen: Apr 20, 2025

Specifications

Category
Experimental
Intended Use
Business, Recreational
Flight Rules
IFR
Seats
4

Hours, Logs & Inspections

Total Time
400 hrs
Inspection Status
Current at sale

Avionics

GPS

Garmin GNS 430W - Dual WAAS

EMS/EIS

Vision Micro VM1000 - Engine Monitor

Additional Equipment

Speed Brakes

Interior & Exterior

Interior Year
2003
Paint Year
2003
Interior Notes
Blue Leather
Exterior Notes
Custom Paint, All over white with Blue Flames

Engine & Propeller

Engine Type
Piston
Engine Count
1
Engine Make
Continental
Engine Model
TSIO550-E
Engine Power
350 HP
Propeller Model
Hartzell 3 Blade

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Asking Price

$285,000