I owned a 1967 Cherokee 180 for about 10 years in the 90’s and have operated a 1977 Archer II for about the last 10 years. Neither aeroplane gave me an ounce of trouble in all that time. I also flew a Commander 114 for about 5 years before the Archer.
The 180 was based in the bush on my farm strip and the Commander and Archer are based on the coast.
Plenty of older aeroplanes will give good service if they have been looked after. None of the three were ever used for training and all had/have around 4000 Hrs TTIS.
Look for a good airframe first and look at the engine second. You can always replace or overhaul an engine but, if the airframe is a dog, it will eat up money at a huge rate and never be any good.
The right aeroplane may be able to run on Mogas with an STC. My Gliding club has run two Pawnee 235’s on Premium 98 for more than 10 years (thousands of hours) with a significant saving in costs. My Cherokee 180 did over 300 hours on mogas. She ran cooler, smoother, and didn’t even look like fouling a spark plug. Something she did a lot of when running on avgas.
I wouldn’t go for an Arrow or similar, maintenance costs rise to ridiculous levels when you add retractable undercarriage and constant speed props to the equation. The Archer costs less than half to maintain than the Commander 114 that she replaced doing about the same number of hours each year.
I think it is worth owning your own aeroplane if you are going to be doing a fair bit of flying. If you don’t do at least 70 odd hours or more a year, it will probably be cheaper to rent.
Piper or Cessna?
You say potayto, I say patarto! You can sit under the wing of a 172 in the shade. You can see out of a Cherokee when you are turning. A little of column A, a little of column B.
Robert