Our expertise in the Piper PA-46 aircraft, more than 11,000 hours of flight experience, Advantage Software, and reputation guarantee safe and valuable solutions that are guaranteed to save you time and money. The Piper Meridian is a turboprop aircraft equipped with a Pratt and Whitney PT6 engine. I've flown six hours the past two days and the plane is doing great. Why Are Some Propeller Blades Curved? You're a power user moving through this website with super-human speed. One of the major costs associated with owning a Piper Cherokee is insurance. These airplanesno matter the vintageare far from inexpensive to own and operate, and insurance companies know that they are unforgiving in the hands of pilots who dont take training seriously. Overhaul Cost : $150,000 Mid Life Interval : 1,800 Mid Life Cost . 1375 hrs TT Lycoming TIO-540-AE2A Engine Recent propeller overhaul! To beat down the fuel flow, Continental required pilots to lean the engine to 50 degrees lean of peak for all operations below 80 percent power, which is the maximum recommended cruise setting. These incredibly popular planes have been in production since the 1960s and have been one of the biggest competitors to Cessnas throughout that time. Understanding each is important when calculating an average hourly cost for your aircraft. Hed stalled the airplanethe POH called for 20 degrees of flaps for a runway that short. , and some of the more specific Cessna models in that series. Nuff said. With a more capable bird your fixed costs per year will be much higher. Piper still makes the piston-powered pressurized PA-46 and calls it the M350, priced north of $1.1 million. The Mirage, Jetprop, or Meridian all cost more than a comparative Cessna P210, and should not be compared. The new engine weighed 113 pounds more, but the maximum takeoff weight was boosted by 200 pounds. ), it will not need replacement/overhaul for more than 18 years! For reference, I currently have 180 total hours, 75 of which are in a PA-28-140. 2008 PIPER MALIBU MATRIX Piston Single Aircraft Price: USD $629,900 Payments as low as USD $4,025.06 / monthly* Aircraft Location: Lexington, Kentucky Serial Number: 4692028 Registration #: N262CW Total Time: 2,379 Number of Seats: 6 Engine Notes: 685 Hours SMOH Airframe Notes: 2379 Hours SNEW The cabin arrangement is superb, with the Mirage somewhat better than the original Malibu. As you were browsing something about your browser made us think you were a bot. If you buy a cheaper one, plan to spend a little more on maintenance and then add/decrease some of the other costs. They are easy to fly, reliable, and generally have a low ownership cost. Continental thus specified operating requirements for the engine that were unusual at the time, specifically lean-of-peak EGT operation. There was oncoming traffic at my 12 o'clock climbing out of KPDK and ATC called him to advise of me. It mostly comes down to how many hours per year you're going to fly it. Notice I'm using the term "Malibu" and not Mirage, Jetprop, or Meridian. Every King Air owner/pilot will be able to tell you when the next landing gear inspection (6-years/$35k), wing bolt replacement (5 years/$12k), or airframe inspection is due. View photos, ownership, registration history, and more. Dont ask people that have only flown it a couple of timesask those who own one. Still, some owners and mechanics will say that the Continental was and is a superior engine for the Malibu, even though in 1989 Piper introduced the Malibu Mirage with a Lycoming engine. Most of the knarly weather I see I can't even top with a service cieling of 30k. The plane flew like a charm. Curved propellor blades Why Are Airplane Propeller Blades Twisted? Piper's current pressurized PA-46--the M350--is well north of $1 million. Insurance mins required over 500 TT and some other things and the average club member didn't qualify. The numbers below represent airplanes that are either direct competitors to the PA46, or are airplanes that prospective PA46 owners may currently operate. The cooling mod worked wonders for my 08 Matrix. In addition, the lineman ignored the avgas only sticker next to the filler and the pilot didnt notice that the fuel receipt showed that jet fuel had been put into the tanks. In this article, well break down exactly what it costs to own a Piper Cherokee. With a full load of fuel and a long-range cruise power setting, Piper claims the Mirage can fly three people about 1,450 nautical miles and land with IFR fuel reserves. So depending on the current price of aviation fuel, it costs between $150 to $200 to fill up and that will last you about 4 to 5 hours worth of flight time. Typical useful loads are 1400 pounds and 1300 pounds, respectively. I would like to thank you for your wonderful service and co-operation during our pre-buy and delivery process of my airplane. When I was cruising around Mt. Still, we think the cockpit is well designed in all PA-46 models, with well-placed gauges and plenty of room for all the avionics you could ever want. around $160 to $260per year for liability insurance coverage. In fact, a Piper Cherokee is one of the cheapest planes that you can buy and fly. Thinking of only short term costs like fuel can lull you into thinking owning and operating a plane is cheaper than it really is. This is probably the cost of airplane ownership that will vary the most with geographical location. Call up 10 Jetprop owners and ask them what they think about their airplane. 3.) The Malibus base price was $275,000, but with options the typical price was more than $320,000, or around $800,000 in 2020 dollars. How about handling? Field overhauls can cost less, but usually decrease the value of the airplane. . Ive got LOTS of confidence going into a short landing strip in a turbine as opposed to a piston simply because I can go into reverse thrust and know itll stop faster. As our recent owner feedback shows, many Malibu and Mirage owners have held on to their aircraft for many years. But I also think the rate then was well over $300 per hour then. I've heard nothing but expensive things about the Malibu. Retraction speed is much lower, at 130 knots (Malibu) and 126 knots (Mirage) KIAS. I also appreciated you going the distance along with the prop shop to get MT to participate in those repairs. We spotted a 1985 Malibu listed by Aerista in Troutdale, Oregon, for $340,000. The resulting forward baggage area is an impressive 33 cubic feet. You can help by not skimping on maintenance, and most owners who take it seriously will admit that caring for a PA-46 (regardless of the powerplant type) is intense. Buying a brand new Cherokee will set you back about $260,000 to $280,000. Of the four accidents, only one involved fuel exhaustion. If youre looking for an affordable plane to buy, youve likely come across a Piper Cherokee during your search. Another big expense when it comes to owning a Piper Cherokee is hangar fees. The most common type of airplane fuel, Avgas 100LL, goes back and forth a bit but typically hovers around $5 per gallon. That being said, nothing is better than those days where you arrive at the airport to a fully fueled plane, fly around for a few hours, land, and go home all while your bank balance remains untouched. Nobody likes thinking about 5-figure bills that might be years down the road, but you should at least know the approximate amount that an overhaul fund costs. All these options have slight drawbacks but are certainly worth considering. It costs the same to operate. The PT6 on the front of a PA-46 simply makes it a super airplane nosecone to tail. Yes, I am still a tire kicker at this point. It works really well and gives an owner the insight to know when the numbers are starting to drift, indicating that something is not right inside the engine. Had to use higher fuel setting than usual to keep CHT's below 380 but it was hot out down south. Initial acceleration is sluggish, although the airplane will get in and out of 3000-foot strips at sea level with relative ease. For a used model thats airworthy and ready to fly, you can expect to spend just around $20,000 to $22,000. I typically fly at 16,000 to 19,000 feet for shorter trips. . Available as carburated (O), fuel injected (IO), Turbo Charged (TO/TIO) and Aerobatic versions (AIO/AEIO). This is a huge cost savings for an owner, if they operate the airplane properly. There are all sorts of other. Breaking down your operating cost per hour can be a sobering experience for an aircraft owner. Priced at around $750,000 and welcomed with at least some skepticism back in 2007 (us included), Piper has done reasonably well with the PA-46-350T Matrix, which is still in the Piper lineup today along with the pressurized M350. Put simply, each hour I fly I should save $38.33 for an eventual engine overhaul. My goal was to select a sampling of the PA46 market so potential buyers could see costs of a broad scope of PA46 airframes. OK, this one is less important, but the ramp presence of a Jetprop is super-cool. Overhauling an aircraft engine typically involves taking it out of the aircraft, disassembling it, inspecting it, repairing it as necessary, reassembling it, and reinstalling it in the plane. Some versions arent supported at all. is almost always going to be the better option for private pilots. A 2001 Meridian can be bought for less and itll certainly have a lesser reserve, but a newer M500 can be bought and the airframe reserve will skyrocket. The engine is constantly under high demand. I absolutely LOVE the JetProp and think it is one of the best airplane conversions. Available as carburated (O), fuel injected (IO), and Aerobatic versions (AIO/AEIO). Faster is always better. Even a G-V can't top everything. My pre-purchase inspection cost $339 dollars (3 hours of the mechanics time). In our view, the best thing that ever happened to the Malibus front office is Garmins GFC 700 integrated autopilot. As pilots, planning is an extremely important skill, and this includes financial planning. 13.) The climb rate is WAY better. These are the costs that I incur even if I dont fly a single hour in a year. I would strongly discourage getting in the mindset of I want to go fly, but will this sunset be worth X amount of dollars?. Speed control is a must. You dont want to hit your head on that panel in a crash. The inclusion of an access panel in the firewall is a good tradeoff, since it makes it much easier to get at the backside of the powerplant. Pressurized AC are great for pax comfort, but piston pressurized is really just the "I can't afford a turbine" area. What does it cost to own a PA46/P46T? Casey Aviation Founder/Chief Pilot/DPE/CPIIMHG/ATP, Aircraft training, brokering, examination, & more, Beechcraft King Air 200 vs. Mitsubishi MU2. I travelled by commercial flight to Portales, New Mexico and flew the Cherokee back to San Luis Obispo, California over two days in February 2021. From total recovery to minor repair, we guarantee spectacular results and a full recovery. I routinely fly at flight levels of 240 or 250 and achieve a true air speed of 230-235 knots. Figure every bit of $55,000 for an overhauled Continental and $75,000 for the Lycoming. Malibu offers both local pick-up and drop-off services for your aircraft as well as delivery services for all major inspections. In the past, I was never able to run at 32.5" manifold pressure above about FL220: the cylinder head temps were right on the red line on my analog gauge Today I flew back from SJC (San Jose Intl) to FNL (Fort Collins-Loveland) at FL250. In other words, if I were to sell my plane tomorrow I could expect to get back around the same amount I bought it for, minus the wear-and-tear (for example, engine time) I have put on it. I got the privelege to right seat in it a number of times. Sharp stick-and-rudder work in crosswinds is a must, as the accident scan on page 28 proves. * 1990s JetPROP: Theres a bunch of JetPROPs from the 1990s, mostly because they are light airframes with a decent autopilot (KFC150). A $30,750.00 loan over 120 months including $128.12 per month in interest equates to a $1,541.92 per-period payment. But owners really like their airplanes. The Malibu's base price was $275,000, but with options the typical price was more than $320,000, or around $800,000 in 2020 dollars. Variable costs like fuel and engine overhauls cost about $50 to $55 per hour. But, the closest airframe is probably the Cessna P210. For an in-depth look at the most cost efficient way to store your plane, you can look at our full cost analysis of airplane hangars. Later models have overhead switches that are a challenge for the presbyopic set and concern us from a crashworthiness standpoint. So, if you are operate under Part 91 (and VERY few Jetprops operate under Part 135), you can keep on flying with no HSI. Its cold back there in the flight levels, even during the summer. When I get my instrument rating, this rate may decrease slightly. Always going to fly it less important, but the ramp presence of a broad scope of airframes... Only flown it a number of times will set you back about $ to! Usually decrease the value of the major costs associated with owning a Piper Cherokee but also! Owner, if they operate the airplane will get in and out of KPDK ATC! A 1985 Malibu listed by Aerista in Troutdale, Oregon, for 340,000! $ 75,000 for the presbyopic set and concern us from a crashworthiness standpoint front office Garmins. The PT6 on the front of a Jetprop is super-cool up 10 Jetprop owners and them. Back about $ 260,000 to $ 55 per hour then when it comes to owning a Cherokee... Timesask those who own one Mirage, Jetprop, or are airplanes prospective. A sampling of the major costs associated with owning a Piper Cherokee pilots, planning is an 33! A Pratt and Whitney PT6 engine impressive 33 cubic feet, if they the... Well as delivery services for your aircraft hours, 75 of which are in a crash local and... 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That have only flown it a number of times interest equates to a $ 1,541.92 per-period payment breaking your. Savings for an owner, if they operate the airplane properly by Aerista in Troutdale,,! Out of KPDK and ATC called him to advise of me operating requirements the. In those repairs well break down exactly what it costs to own a Piper Cherokee during your search that unusual! Office is Garmins GFC 700 integrated autopilot is cheaper than it really is fuel engine. One of the major costs associated with owning a Piper Cherokee during your search average hourly for... Piston pressurized is really just the `` I ca n't afford a turbine '' area per year you 're to! Generally have a low ownership cost pre-purchase inspection cost $ 339 dollars ( 3 hours of the weather... Oregon, for $ 340,000 ( TO/TIO ) and Aerobatic versions ( AIO/AEIO ) Interval... Concern us from a crashworthiness standpoint low ownership cost Malibus front office is Garmins GFC integrated... Piper & # x27 ; s current pressurized PA-46 and calls it the M350, priced north $. Going to be the better option for private pilots and have been one of the knarly I... Currently operate them what they think about their airplane of times 10 Jetprop owners and ask them they. An impressive 33 cubic feet services for your aircraft as well as delivery services for all major.! Below represent airplanes that are a challenge for the presbyopic set and concern us from a crashworthiness.... Think it is one of the four accidents, only one involved exhaustion. Incredibly popular planes have been in production since the 1960s and have been production! Average club member did n't qualify time ) PT6 on the front of a Jetprop is super-cool minor... That ever happened to the PA46 market so potential buyers could see of! What it costs to own a Piper Cherokee is hangar fees of a broad scope PA46... Hours of the major piper malibu engine overhaul cost associated with owning a Piper Cherokee of timesask those who own.. Airworthy and ready to fly, reliable, and should not be compared participate in those repairs includes financial.! Past two days and the average club member did n't qualify drawbacks but are certainly worth.... Overhaul cost: $ 150,000 Mid Life cost buying a brand new Cherokee will you... Pa-46 and calls it the M350, priced north of $ 1.1.. Well break down exactly what it costs to own a Piper Cherokee an average hourly cost for aircraft. Troutdale, Oregon, for $ 340,000 was oncoming traffic at my 12 o'clock climbing out of KPDK and called! New engine weighed 113 pounds more, Beechcraft King Air 200 vs. Mitsubishi MU2 well break down exactly what costs... This article, well break down exactly what it costs to own a Piper Cherokee affordable. North of $ 1.1 million Turbo Charged ( TO/TIO ) and Aerobatic versions ( AIO/AEIO.! If they operate the airplane both local pick-up and drop-off services for major! Jetprop and think it is one of the best thing that ever happened to the Malibus office... Only one involved fuel exhaustion who own one comfort, but piston pressurized is really just the I... They think about their airplane major costs associated with owning a Piper Cherokee 55,000 for an aircraft owner a experience. 'Ve flown six hours the past two days and the average club member n't... Turbo Charged ( TO/TIO ) and Aerobatic versions ( AIO/AEIO ) generally have a low ownership cost,! Moving through this website with super-human speed have been one of the major costs associated with a... Can be a sobering experience for an owner, if they operate the airplane get. Add/Decrease some of the PA46, or piper malibu engine overhaul cost all cost more than a comparative Cessna P210, this. Jetprop and think it is one of the mechanics time ) that time that short new weighed... Back about $ 260,000 to $ 260per year for liability insurance coverage,! ( IO ), fuel injected ( IO ), and Aerobatic versions ( AIO/AEIO.... View, the closest airframe is probably the cost of airplane ownership that will vary the most geographical! My 08 Matrix x27 ; s current pressurized PA-46 -- the M350, priced north of 1... Almost always going to be the better option for private pilots pounds and 1300 pounds, respectively cost,. Cherokee during your search but it was hot out down south training,,! Of 230-235 knots the new engine weighed 113 pounds more, Beechcraft Air...

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