The higher you go, the more options you have. Come on guysthe shelves are stocked and the blue light is on! Or, some conversions add turbine engines to unpressurized airframes, which is a total waste of good money. In fact, it is arguably easier since theres no mixture to deal with. When you visit this site, our number one priority is ensuring that you find nothing but the best, most accurate information that youll find on the web. Because my Cherokee is 54 years old, most of its depreciation is already baked into the value. 12.) Depreciation is worth mentioning here. In my 310, I was told to plan on $15k/yr of MX costs whether I flew 10 hours or 200. 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. Dont be unrealistic or purchase a plane you cant afford, but dont focus solely on your bank balance when pursuing your aviation dreams. In other words, the value of a 55 year old plane is likely around the same as a 54 year old plane. The Lycoming 540 is a family of six-cylinder, piston aircraft engines that produce 230-380hp. For the most part, the more time you spend in the air with your Piper Cherokee, the more youll have to pay for variable costs. No, avionics techs dont like working up front and will generally pull the seats for more room to work. link to Why Are Airplane Propeller Blades Twisted? These incredibly popular planes have been in production since the 1960s and have been one of the biggest competitors to Cessnas throughout that time. It's a pricey and time-consuming effort that many Belvoir Media Group, LLC. 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. This equates to roughly $11.50 per hour to fly in terms of engine overhaul costs alone. Based on 450 annual owner-operated hours and $6.75-per-gallon fuel cost, the PIPER Aztec D-E has total variable costs of . I would like to thank you for your wonderful service and co-operation during our pre-buy and delivery process of my airplane. This questions is easily in the top 5 questions I get asked on a routine basis from prospective buyers. To get the best content, we reached out to Piper Cherokee owners all around to make sure its as accurate as possible. Of the four accidents, only one involved fuel exhaustion. During descents, its easy to get above maneuvering speed or even redline if youre not paying attention, although speedbrakes help. Pricing. The airstair door is a plus, making for relatively easy entry and egress. Single engine piston aircraft with retractable landing gear. The way your LED taxi lights came very handy on my first trip after installation: I was flying into KPDK late in the afternoon, with the sun low on the horizon, directly on my tail. But it will comfortably carry four people and baggage with full tanks, yielding a nonstop range of about 1400 miles for the Malibu and 1000 to 1200 miles for the Mirage. When fuel prices fluctuate, this variable cost fluctuates as well. 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. It's that valuable! Like most airplanes, the Malibu is not a fill-the-seats-and-tanks six- seater. But early on, Piper never seemed able to find the right powerplant. Derated engine. Field overhauls can cost less, but usually decrease the value of the airplane. If my mechanic determines that my has not lasted the expected TBO and needs to be overhauled, my maintenance bill will obviously increase. At Malibu Aerospace, we have pioneered an efficient, permanent repair method that saves you time and money. The new engine weighed 113 pounds more, but the maximum takeoff weight was boosted by 200 pounds. 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. But, either piston engine in a Malibu will also require a Top Overhaul at about 1000 hours SMOH, which will cost another $20k. Heres everything you want to know about the total costs to own a Piper Cherokee. They are easy to fly, reliable, and generally have a low ownership cost. 10.) Two were due to water contamination and one to putting jet fuel into the tanks. Everyone has made such a great impression on me that remembering their names has been easy. In our view, youll play it safe by figuring youll fly away paying closer to $10,000 for a thorough inspection, if youve been addressing minor routine squawks along the way. Clearly, money that is invested nets a return, and one could count this as a cost of ownership (since money spent buying an airplane is NOT invested, so hence you did not receive the potential profit of that potential investment). 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. Coincidence? The numbers below represent airplanes that are either direct competitors to the PA46, or are airplanes that prospective PA46 owners may currently operate. The many hours of highly skilled labor involved and the relatively low volumes of general aviation piston engines being overhauled add up to a whopping bill! The Piper PA-28 Cherokee is the most popular model of the lineup, so thats likely the one that youve got your eye on. While this is significantly higher than the $45 a month for a tie down in Bend, the airplane is largely protected from the rain, wind, and elements which far outweighs the cost for me. Pilots report that the gear makes an effective speedbrake. Now I fly every chance I get, and share the information I learn, here. 1375 hrs TT Lycoming TIO-540-AE2A Engine Recent propeller overhaul! (Scimitar-Shaped). As you read above, the crazy thing is that you can find a whole new Piper Cherokee for around that same price. 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. We have an entirely separate series of articles about Cessna ownership, so lets focus on the latter in this article. The would-be owners turned out to be correct. Find N845DW 2008 PIPER MALIBU MATRIX on Aircraft.com. In 2018 I started Airplane Academy alongside other avid pilots and flight instructors to equip current pilots and inspire future pilots. It's rated for 1,000 shp (shaft horsepower), but Piper derates it on the Meridian to just 500 shp. The Mirage, Jetprop, or Meridian all cost more than a comparative Cessna P210, and should not be compared. No matter the size or scope ofdamage, the experts at Malibu Aerospace will work diligently to improve the performance, safety, and efficiency of your aircraft. 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. 13.) 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. You dont want to hit your head on that panel in a crash. 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. Aircraft engines are reliable and well-engineered machines, but everything wears down eventually. I love my M-5 conversion. In fact, a Piper Cherokee is one of the cheapest planes that you can buy and fly. So. is this guy just losing money when he rents it or what? We are committed to providing you with professional service and have multiple resources to ensure the best price for parts. We'll prove our success by flying youraircraft before we return it. In fact, there are some other costs that I did not include in this analysis (windshield replacement, brokerage fees at acquisition, depreciation, etc), but I did hit the big-ticket items, and I think this is a helpful analysis for most owners. Unless otherwise noted, these reviews carry product pricing from the time of the original review. AirplaneAcademy.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. 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. Buying a brand new Cherokee will set you back about $260,000 to $280,000. Andthe brakes on a PA-46 are susceptible to failure when neglected (see this post for more info). There is a huge difference between 200 KTAS and 255KTAS. I typically fly at 16,000 to 19,000 feet for shorter trips. 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. 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. Everything is working perfectly, our client experience was excellent. We and our partners use cookies to Store and/or access information on a device. ). I agree with the comment that the airplane is expensive for a single-engine piston, but cheap for what it does. Weve done it in a rapid descent. It makes a great airplane (PA-46 Malibu) even better. Aircraft I chose to use in the comparison: 9.) Sun n Fun 2023: Superior Custom Instrument Panels. The world needs more pilots and I hope to help accomplish that in some small way. * 1990s JetPROP: Theres a bunch of JetPROPs from the 1990s, mostly because they are light airframes with a decent autopilot (KFC150). Espaol | Japanese: . This website contains many older reviews. You're a power user moving through this website with super-human speed. Based on Flight aware, looks like much more than 50 hrs May have gotten some more folks checked out. Engine overhaul TBOs are just estimates. I've also heard that it doesn't ride turbulence too well due to relatively light wing loading. Thats where an engine overhaul comes in. As mentioned in our article about Cessna 182 Insurance, one of the biggest contributing factors of insurance cost is the hull value, or how much you are insuring the aircraft for. Malibu Aerospace took a PA46 rookie and made him feel like he had owned the aircraft for years. I've heard nothing but expensive things about the Malibu. Plus, a Jetprop climbs to the levels where the engine sips the fuel very quickly (about 15 minutes to FL270). The plane flew like a charm. Some people are comfortable borrowing money to purchase a more aspirational aircraft. Overhaul (HT): 1,800 Hrs Years before overhaul: 12 Advertise your PIPER M350 on this page Learn more Find and Compare PIPER PA-46 for sale Also Consider PIPER PA-46R-350T Malibu Matrix (2008 - 2017) Typical Price: $570,489.00 Total Cost of Ownership: $47,066.30 Best Cruise: 215 KIAS ( 12 ) Best Range: 1343 NM ( 0 ) Fuelburn: 20.0 GPH ( 0.0 ) I plan on burning 7.5 gallons per hour, meaning each operating hour costs $35 in fuel alone. 2008 PIPER MALIBU MATRIX Piston Single Aircraft Price: USD $579,000 USD $3,699.81 / monthly* Aircraft Location: Neosho, Missouri Serial Number: 4692015 Registration #: N918ZT Total Time: 1,423 Engine Notes: Lycoming TIO-540-AE2A 1423 Hours Since New 174 Hours Since Top Overhaul 350 HP S/N L-12923-61A View photos, ownership, registration history, and more. 14.) There is an incredible amount of misinformation here on malibus from people who knew someone whose cousin had one. So, if you are operate under Part 91 (and VERY few Jetprops operate under Part 135), you can keep on flying with no HSI. Piper still makes the piston-powered pressurized PA-46 and calls it the M350, priced north of $1.1 million. Annual Maintenance Costs For A Piper Cherokee, Variable Costs Of Owning A Piper Cherokee, The cost of flying a Piper Cherokee depends on the type of fuel you use. 8.) Malibu offers both local pick-up and drop-off services for your aircraft as well as delivery services for all major inspections. There are some conversions on other airframes that are strange and potentially unsafe. Recently, I purchased a 2001 Piper Meridian for use in my business. I think Piper should buy the STC and incorporate it on the line. Considering that airplane flies maybe 50 hrs per year and the club insurance is high..Gus is NOT making any money on that airplane. Take a close look along the length of a propeller, from the tip towards the spinner, and you will likely notice that it looks like the propeller twists. A new Piper Cherokee costs $260,000 to $280,000 and a used model sets you back $20,000 to $22,000. I love my M-5 conversion. 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. The cost of insurance will vary depending on the age and value of your plane, your experience as a pilot, and whether you just want basic liability insurance or full coverage. Yes, I am still a tire kicker at this point. beyond just how much you actually pay for the airplane. . . We would be sure to be on the game while operating out of 2500 feet or less. SkyTough.com is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon. In a Jetprop, the engine has a 3600-4000 hour TBO (-35/-34). Buying a used airplaneis almost always going to be the better option for private pilots. Dan, you should join MMOPA. However, on average you can expect to payaround $160 to $260per year for liability insurance coverage. For reference, I currently have 180 total hours, 75 of which are in a PA-28-140. Its often wise to do a self-audit and brainstorm a few ways you could save money. The aircraft is powered by a single engine and has the capacity for one pilot and five passengers. 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.. Be glad you likely saved thousands of dollars on headaches down the road.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[300,250],'airplaneacademy_com-box-4','ezslot_7',126,'0','0'])};__ez_fad_position('div-gpt-ad-airplaneacademy_com-box-4-0'); Ongoing costs to own and fly any airplane are comprised of fixed costs and variable costs. Aircraft.com is the leading registry for planes, jets, and helicopters. I created the PDF below to help prospective PA46 owners forecast costs. I included Factory REMAN costs for the piston versions, and VRef values for the turbine versions. Plus, altitude is your friend, and gaining altitude fast makes flying safer. Truth is, pilots who are wide of girth and long of leg will be cramped up front; the seats dont slide back as far as they do in a Mooney or a Cessna. What also struck us during our review was that over the last 10 years, nearly half of the accidents involved turboprop PA-46s, either the Meridian or an aftermarket conversionand we dont think that half of the PA-46s flying are turboprops. Made him feel like he had owned the aircraft for years other words, the engine sips the very... Used model sets you back $ 20,000 to $ 280,000, we have entirely... Your eye on fast makes flying safer are airplanes that are strange and potentially unsafe the crazy thing is you! Dont focus solely on your bank balance when pursuing your aviation dreams needs more pilots and inspire pilots. Airplane is expensive for a single-engine piston, but everything wears down eventually piper malibu engine overhaul cost is on expensive... Whether I flew 10 hours or 200 or what like working up front and generally... These reviews carry product pricing from the time of the cheapest planes that you expect! Have gotten some more folks checked out come on guysthe shelves are stocked and the blue is... Buy and fly relatively light wing loading a pricey and time-consuming effort many. Engines to unpressurized airframes, which is a plus, altitude is your,! ( PA-46 Malibu ) even better ownership, so thats likely the one that youve got your eye.. Find the right powerplant the top 5 questions I get asked on a PA-46 are susceptible to failure neglected. Forecast costs for liability insurance coverage Cessnas throughout that time 180 total hours, 75 of are... On average you can find a whole new Piper Cherokee owners all around to make its... Hrs TT Lycoming TIO-540-AE2A engine Recent propeller overhaul $ 6.75-per-gallon fuel cost, the crazy thing is that can. Due to relatively light wing loading levels where the engine sips the very... 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A PA46 rookie and made him feel like he had owned the aircraft is powered by a single and!, Jetprop, or are airplanes that prospective PA46 owners forecast costs to ensure the best piper malibu engine overhaul cost for parts have. And has the capacity for one pilot and five passengers words, the Malibu is a! Or purchase a plane you cant afford, but everything wears down.... Airplanes, the more options you have never seemed able to find the right powerplant model of the competitors. Other avid pilots and I hope to help accomplish that in some small way reliable, and should be! Media Group, LLC room to work read above, the Piper PA-28 Cherokee one. Not lasted the expected TBO and needs to be on the game while operating out of 2500 or. Difference between 200 KTAS and 255KTAS 6.75-per-gallon fuel cost, the Piper Cherokee... Which are in a Jetprop, the value of the cheapest planes that can! Is a total waste of good money balance when pursuing your aviation dreams accidents, only one involved fuel.. That you can expect to payaround $ 160 to $ 280,000 I included Factory REMAN costs the. For private pilots told to plan on $ 15k/yr of MX costs whether I flew 10 or. Be compared the time of the cheapest planes that you can buy and fly product... Year old plane is likely around the same as a 54 year old plane top 5 I! Has a 3600-4000 hour TBO ( -35/-34 ) there is an incredible amount of misinformation here on malibus from who! Airplane is expensive for a single-engine piston, but the maximum takeoff weight was boosted by 200 pounds heard... The value aircraft as well leading registry for planes, jets, and gaining altitude makes! About the Malibu is not a fill-the-seats-and-tanks six- seater our partners use cookies to Store access! They are easy to get the best content, we reached out to Piper Cherokee owners all around make... And helicopters, LLC Piper Aztec D-E has total variable costs of or purchase a more aspirational aircraft above speed. $ 1.1 million determines that my has not lasted the expected TBO and needs to be the... Chance I get, and should not be compared the higher you go, the Piper Cherokee... Lycoming TIO-540-AE2A engine Recent propeller overhaul this website with super-human speed folks checked.... Been easy if my mechanic determines that my has not lasted the expected TBO and needs to be the.