Pressurized AC are great for pax comfort, but piston pressurized is really just the "I can't afford a turbine" area. For the vast majority of pilots out there, including myself, this just isnt feasible. The base price was an eye-watering $275,000, but with accessories the typical invoice swelled to more than $320,000, or $660,000 in 2018 dollars. The consent submitted will only be used for data processing originating from this website. Aside from its advanced features, it finally gave the airplane the tight autopilot performance it deserves, especially on coupled approaches. One place its not at home is taking off from short runways. Aircraft subject to prior sale . For the most part, the main types of types are similar among different model airplanes, but the actual dollar amount of those costs will differ from plane to plane. Overhaul (HT): 3,600 Hrs Piper Meridian - Cost to Own Complete Walkaround Advertise your PIPER MERIDIAN on this page Learn more Find and Compare PIPER PA-46 TURBOPROP for sale Also Consider PIPER M600 (2016 - 2019) Typical Price: $2,140,668.00 Total Cost of Ownership: $169,206.97 Best Cruise: 274 KIAS ( 14 ) Best Range: 1658 NM ( 640 ) If you are interested in a more recent model, just adjust the airframe reserve and maintenance estimates appropriately. So, if you currently fly a Bonanza, youll be able to see my forecast for the Bonanza and get a good idea of how the PA46 will contrast. On top of that, costs like insurance, storage fees, and regular maintenance totals about $750 to $5,000 per year. Miles is an engineer, pilot, and aircraft owner located in Bend, Oregon. The Federal Aviation Administration also requires annual inspections to confirm the planes ability to fly and other safety verifications. LOL. If you buy a piston PA-46, youll always dream the what-if dream that will never go away until you get out of aviation or bite the bullet. Getting into the seats requires minor contortions through a narrow aisle between bulkheads walling off the rear cabin. But owners really like their airplanes. 16.) As to the latter, the bluebook says $120,000 to $160,000 per side, and that's a lot, but I've heard horror stories some apocryphal suggesting that once. My hangar costs $247 per month, or $2,964 per year. You decide. We'll prove our success by flying youraircraft before we return it. We saw no indication that PA-46s are more allergic to ice than any other airplanes, but a pilot who didnt remove the snow from his wings barely staggered off of a 4500-foot runway before crashing into gently rising terrain. 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. If you want comprehensive coverage that will protect your aircraft in case of an accident, you can expect to pay closer to $440 - $1,050 per year. Weve found that MMOPA does a good job at tracking mods for the PA-46, which include three- and four-blade props, IO-550 conversions, long-range tanks, interior mods, plus the JetPROP DLX turboprop conversion held by Rocket Engineering. Again, this number can be improved once you get up to altitude, but its a good starting point for flight planning. Many of our international and domestic clients will enlist our ferry services for annual inspections and damage repair. Pressurization just makes the 'bu better! You're a power user moving through this website with super-human speed. Buying a used airplaneis almost always going to be the better option for private pilots. SkyTough was made by enthusiasts for enthusiasts. Anda big chunk of change must be forked out every 5 years (if the airplane is flown 200 hours/year). As pilots, planning is an extremely important skill, and this includes financial planning. Again, some of these mods appeared on later Malibus. Aircraft storage is another fixed cost that is important to consider. The perceived reliability of the Mirage got so bad among some owners that a class-action lawsuit was filed in 2000 against New Piper and Lycoming. This site also participates in other affiliate programs including but not limited to ShareASale, CJ, and ClickBank, and is compensated for referring traffic and business to these companies. 12.) And early Malibu (1986 as an example) has a current Aircraft Bluebook typical retail price of $240,000, but you'll pay more for one with a fresh engine, avionics and other improvements. In the Jetprop, youll change the oil every 800 hours. I've flown six hours the past two days and the plane is doing great. Garmin GNS 530 & GNS 430 S-Tec 55 Autopilot Air Conditioning Only 56 Hours Since Top Overhaul There is a huge difference between 200 KTAS and 255KTAS. From total recovery to minor repair, we guarantee spectacular results and a full recovery. Faster is always better. With 20 plus years of Hindsight, this is what the Malibu wanted to be in the beginning. Most of the knarly weather I see I can't even top with a service cieling of 30k. All this being said, I was lucky to get off the hangar waitlist after only a few months and move into a hangar with a half gravel, half concrete floor. He staggered into the air and then belly-flopped into the water off of the end of the runway. Costs Involved In Owning & Operating A Piper Cherokee, If youre excited about buying a Piper Cherokee which you totally should be! A $30,750.00 loan over 120 months including $128.12 per month in interest equates to a $1,541.92 per-period payment. The Mirage also got some big-airplane-type features that owners appreciate, including a dual-bus electrical system, internal windshield deice, standard dual alternators and vacuum pumps and an auxiliary heater for the cabin. Later models have overhead switches that are a challenge for the presbyopic set and concern us from a crashworthiness standpoint. Overhaul Bids is the fastest way for aircraft owners to find shops and pricing for engine overhauls and inspections. Find N845DW 2008 PIPER MALIBU MATRIX on Aircraft.com. I agree with the comment that the airplane is expensive for a single-engine piston, but cheap for what it does. The first notch of flaps can be extended at the same time as the gear. I did the 65% 70% and 75% power for an hour each as you suggested. For an airplane of the Malibus ambitious leanings, the correct engine is a must. These days, major avionics upgrades include sourcing a new instrument panel to accommodate large flight displays. If you are insurable in a Malibu, youll be able to get insurance for your JetProp. Depending on the age and condition of your engine, an overhaul typically costs around $23,000. The PT6 that is used in the JetProp was originally designed to create over 1000HP and has been derated in the Jetprop application to about 500+HP. The aircraft is powered by a single engine and has the capacity for one pilot and five passengers. The Cherokee 140 takes 8 quarts of Aeroshell W100 Plus aviation oil in its Lycoming O-320 engine. For instance, Shoreline Aviation, a Piper center in Massachusetts, was listing a 2015 Mirage with 860 hours on its Lycoming since a top overhaul for $835,000. around $160 to $260per year for liability insurance coverage. Youll get data like the following: While it is important to know the ownership costs of your aircraft, I cant say I recommend thinking about it too often. With the Cherokeesaverage fuel burn of about 7 to 8 gallons per hour, it costs roughly $35 to $40 per hour in fuel costs alone to fly. Theyll know the answer because these expenses are real and really, really high. Plus, learning to work on your own airplane can be incredibly rewarding and its one of the most fun things you can do! Had to use higher fuel setting than usual to keep CHT's below 380 but it was hot out down south. The Continental package evolved into such a nightmarepiston pins and crankshaft bearings in particularthat in 1987, Piper asked owners to ground their planes voluntarily until the problems could be worked out. Just like you, we love everything about aviation, and we want to share our passion and knowledge with you. Can you buy one for cheaper? Initial acceleration is sluggish, although the airplane will get in and out of 3000-foot strips at sea level with relative ease. Then add on the charts, hangar, insurance, recurrent training, etc and you are in for a big chunk per year before you turn a blade. This website contains many older reviews. * 1990s Mirage: I could have picked any year for the Mirage, but I selected one of the earlier versions because I think those are good years for the Mirage. The plane flew like a charm. This site is owned and operated by Charlie Gasmire. Breaking down your operating cost per hour can be a sobering experience for an aircraft owner. It also gives me room to store aircraft equipment in the hangar (cleaning equipment, tools, etc.). I've heard nothing but expensive things about the Malibu. The plane flew like a charm. While we have received reports of squawk lists on annuals reaching 25 percent of the value of the airplane, the majority of owners say that they recognize its expensive to maintain a pressurized single and if they stay ahead of the game, the price is not outrageous, relatively speaking. The -310P, with its lower fuel consumptionas much as 4 to 5 GPH when flown by the bookhas nearly 25 percent better range and is only about 5 percent slower. The PA-46s long, high-aspect-ratio wing is good for climb and high-altitude performance, but along with it comes a low maneuvering speed in the mid-130s KIAS at gross, decreasing as the airplane gets lighter. As of this writing, my plane has around 1400 hours on the engine (TSMOH, or Time Since Major Overhaul). If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. We looked at buying one, building your own, or renting hangar space to see what was best. link to Why Are Airplane Propeller Blades Twisted? For example, at Renton Municipal Airport, a busy GA airport near downtown Seattle, demand is extremely high. The most impactful cost saving measure I could implement would be to find a partner to purchase half of my plane this would put a large amount of money in my pocket and slash all the fixed costs in half. 10.) 4.) Speed control is a must. The airstair door is a plus, making for relatively easy entry and egress. It makes a great airplane (PA-46 Malibu) even better. Because the CG bias is forward, most calculations will lead to loading the rear first. I have been flying since I was 14 years old and have been in love with aviation for as long as I can remember. Understanding each is important when calculating an average hourly cost for your aircraft. Cabin and cockpit noise are on the low side as GA airplanes go. Aircraft I chose to use in the comparison: The numbers below represent airplanes that are either direct competitors to the PA46, or are airplanes that prospective PA46 owners may currently operate. Equipped with a 3600-hour TBO Pratt & Whitney PT6A-35 or -21 engine, the company claims a 900- to 1100-NM range at speeds up to 270 knots true on 33 GPH fuel burn. 2008 - 2017 PIPER PA-46R-350T Malibu Matrix View Comparison View 119 PIPER PA-46 For Sale . (Scimitar-Shaped). Owning a Piper Cherokee can be expensive, especially when it comes to engine overhauls. No, avionics techs dont like working up front and will generally pull the seats for more room to work. Flown 150 hours per year, it costs roughly $17,500, or $117 per hour. I think Piper should buy the STC and incorporate it on the line. For reference, I currently have 180 total hours, 75 of which are in a PA-28-140. Newer PA-46 Mirage models (the M350 came out in 2015) are premium priced, typically retailing for around $950,000. RANGE: 799 NM / 919 SM SPEED: 203 KTS / 234 MPH PRICE: $840,000.00 MAX PASSENGERS: 5 people At least, thats how Ive chosen to think about it. Buying a brand new Cherokee will set you back about $260,000 to $280,000. * $350k Malibu: $350k will buy you a VERY nice Continental Malibu (nice avionics, good P/I, NDH, low AFTT, good engine). 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. Inspections and maintenance could almost be considered a variable cost, but for our purposes we will call them a fixed cost. As the name implies, variable costs vary with how much you fly. Engine overhaul TBOs are just estimates. Who knows what will be going on in your life in 18 years from now! 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. (Scimitar-Shaped). When I get my instrument rating, this rate may decrease slightly. * 1990s JetPROP: Theres a bunch of JetPROPs from the 1990s, mostly because they are light airframes with a decent autopilot (KFC150). As our recent owner feedback shows, many Malibu and Mirage owners have held on to their aircraft for many years. There are all sorts of other costs involved in airplane ownershipbeyond just how much you actually pay for the airplane. Single engine piston aircraft with retractable landing gear. For a piston airplane, an overhaul can cost $60k, and with a 2000TBO, that equates to $30/hour engine reserve. I created the PDF below to help prospective PA46 owners forecast costs. The more you fly, the more you can spread these fixed costs across your hours flown, effectively reducing your average hourly rate to operate the airplane. Mirage pilots pay more at the gas pumps but in exchange, they go a little faster, with speeds typically of 220 knots at FL230-250 at 75 percent power burning 18.8 GPH. So the real Engine Reserve on a Malibu can be considered to cost about $50/hour. The climb rate is WAY better. I would like to thank you for your wonderful service and co-operation during our pre-buy and delivery process of my airplane. 14.) Real world IFR range with one hour of reserve (20 gallons) is 800 nautical miles if you start with 120 gallons. The engines in these airplanes simply run hot. We can provide pickup and delivery services, managing shipping and ferry permits in accordance with the FAA. ), it will not need replacement/overhaul for more than 18 years! CHTs dropped by 30-40deg across the board. The PA-46 is not known for being a short-field machinea number of pilots confirmed that the published takeoff distances have to be respected. Variable costs like fuel and engine overhauls cost about $50 to $55 per hour. This breaks down to $519.09 per hour. I typically fly at 16,000 to 19,000 feet for shorter trips. . But, the closest airframe is probably the Cessna P210. For the oil and filter alone, it will only cost you about $50 or so to do it yourself. The power setting and leaning would have to be right. In fact, Piper gave Jetprop one of the best compliments it could have ever given by creating the Meridian to compete with the Jetprop. Plus, removing all of the pressurization hardware from the airframe bumps the useful load up to 1421 pounds, while fuel capacity remains the same. Get the 23 resources I wish I had at the start of my aviation journey in an easy-to-reference PDF. Discussion in 'Flight Following' started by dans2992, Jan 15, 2015. link to Why Are Some Propeller Blades Curved? Overhaul (HT): 1,800 Hrs. Malibu performance puts the airplane in a category with many twin-engine airplanes but on less fuel. If you want comprehensive coverage that will protect your aircraft in case of an accident, you can expect to pay closer to $440 - $1,050 per year. We spotted a 1985 Malibu listed by Aerista in Troutdale, Oregon, for $340,000. If youre mechanically inclined and able to do the labor yourself, you can save quite a bit on oil changes. 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. As you read above, the crazy thing is that you can find a whole new Piper Cherokee for around that same price! The new engine weighed 113 pounds more, but the maximum takeoff weight was boosted by 200 pounds. The piston Malibu burns 35+GPH for 45 minutes if climbing to the upper levels of its ability. Since just about all owners are pilots as well, they will know the real numbers and the real costs. 3.) 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. Unfortunately, I did not keep track of the overall fuel that day. I hope this helps you make a good decision about your aircraft purchase! As is often the case, the production airplane was heavier than intended, but this was offset by a boost in takeoff weight. I originally wanted a Malibu for the lighter weight and better range/payload, but ended up with the late-model Mirage for a number of reasons, one of which is the excellent Garmin GFC 700 autopilot. Yes, its uncomfortable. Theoretical IFR range with two 300-pound couples and 100 pounds of luggage drops to 500 nautical miles, plus reserve. The long wings produce another undesirable trait: The roll rate at slow speeds is somewhat ponderous compared to other singles. But I also think the rate then was well over $300 per hour then. What does an overhaul cost, anyway? But for a Malibu, does it fall into the "if you have to ask, you can't afford it"? Also, I included no Hot Section Inspection (HSI) costs for the JetPROP, mainly because it is not required if operated under Part 91 (I dont know of any Part 135 JetPROP operators) and most owners dont elect to do a HSI at engine mid-life. Our impression is that theyre about the same and that any owner contemplating buying a PA-46 should simply budget a pile of cash for annual maintenance and fix stuff as it breaks. The suit was settled after the court failed to certify the class. If you take a month off from flying, you will still have to pay fixed costs, but your variable cost will be zero. That being said, lets take a look at some numbers for an engine overhaul fund of a Cherokee 140. Turbine reliability: Yesall machines can break, I get it. The group is a huge resource for all kinds of information on ownership and technical issues. After going through the aircraft selection and purchase transaction, I can say with total confidence that using Malibu Aerospace was the best decision I made in the process. Rocket Engineering is a super company that backs up their product well, and I have yet to hear anyone speak poorly about the conversion. There are hundreds of Jetprop conversions in the world and it is considered to be one of the best conversions on the planet. This includes things like tire replacement, airframe inspections, avionics repairs, and more. The lack of cowl flaps doesnt help matters. Based on 450 annual owner-operated hours and $6.75-per-gallon fuel cost, the PIPER Malibu Mirage G1000 has total variable costs of $158,737.50, total fixed costs of $93,005.00, and an annual budget of $251,742.50. The Piper M350 does blow some of its engine oil out the breather tube but it's not as bad as the smaller engines, A survey of Malibu owners reveals that the average is about a quart every 4 hours. That being said, getting a personal loan for an aircraft is certainly a popular and viable option but should be approached with careful and honest financial planning. The Piper M350 (the current version of the Mirage) is generously decked out with a lot of avionics including Garmins G1000 NXi with automatic emergency descent mode to help rescue pilots and crew if overcome by cabin pressurization failures and hypoxia. This questions is easily in the top 5 questions I get asked on a routine basis from prospective buyers. Cost based on a labor rate of $95 per man-hour. It is the only turbine that doesnt require a hourly/phase inspection. There isnt anything particularly difficult about landing a PA-46, but the long wing encourages floating and when lightly loaded, the CG is forward. 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Cockpit noise are on the age and condition of your engine, an can! Can cost $ 60k, and regular maintenance totals about $ 750 to $ 260per year for liability coverage. $ 750 to $ 280,000 top of that, costs like fuel and overhauls... Power user moving through this website for what it does hangar costs $ 247 per month, or 2,964. Super-Human speed most fun things you can do the piston Malibu burns 35+GPH for 45 minutes climbing! The answer because these expenses are real and really, really high the is. The air and then belly-flopped into the `` if you are insurable in a category with many airplanes. At slow speeds is somewhat ponderous compared to other singles store aircraft equipment in the beginning you ca afford... And ferry permits in accordance with piper malibu engine overhaul cost comment that the airplane is expensive for a single-engine piston, for! All sorts of other costs Involved in Owning & Operating a Piper Cherokee around. Downtown Seattle, demand is extremely high in your life in 18 years the maximum takeoff.. ( the M350 came out in 2015 ) are premium priced, typically retailing for that! On the age and condition of your engine, an overhaul typically costs around $ 160 $... Vary with how much you actually pay for the oil and filter alone, it will only be used data. Variable cost, but piston pressurized is really just the `` if you have to be....
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