Again, some of these mods appeared on later Malibus. View photos, ownership, registration history, and more. Malibu Aerospace is internationally renowned for our inspections, major maintenance, and STC installations. But early on, Piper never seemed able to find the right powerplant. If youre mechanically inclined and able to do the labor yourself, you can save quite a bit on oil changes. My goal was to select a sampling of the PA46 market so potential buyers could see costs of a broad scope of PA46 airframes. The long wings produce another undesirable trait: The roll rate at slow speeds is somewhat ponderous compared to other singles. Anda big chunk of change must be forked out every 5 years (if the airplane is flown 200 hours/year). 17.) With club-style seating, the rear cabin is comfortable if a little tight at times. Unfortunately for him, post-crash review of the data from the engine analyzer showed the engine was making full power until splashdown. 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. What does it cost to own a PA46/P46T? Do contact me if I can help decipher the numbers. However, on average you can expect to payaround $160 to $260per year for liability insurance coverage. We were interested to find that three of the runway loss of control (RLOC) events were on takeoffunusual for a nosewheel airplane. We were pleased to see that the number of fuel-related accidents was so smalla strong indication of a user-friendly fuel system with effective warnings that fuel is getting low. Turbine reliability: Yesall machines can break, I get it. Without further ado, lets dive in a little deeper and really look at the total cost to own and fly a Piper Cherokee. Plus, a Jetprop climbs to the levels where the engine sips the fuel very quickly (about 15 minutes to FL270). Do contact me if I can help decipher the numbers. 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. It makes a great airplane (PA-46 Malibu) even better. Aircraft.com is the leading registry for planes, jets, and helicopters . A Piper Cherokee is one of the most popular planes in the world for enthusiasts like you and me. The world needs more pilots and I hope to help accomplish that in some small way. Sharp stick-and-rudder work in crosswinds is a must, as the accident scan on page 28 proves. What we did see is that things have improved over the years. The piston Malibu burns 35+GPH for 45 minutes if climbing to the upper levels of its ability. Ask any turbine airframe owner to show you the Maintenance Run Sheet for his airplane. Garmin GNS 530 & GNS 430 S-Tec 55 Autopilot Air Conditioning Only 56 Hours Since Top Overhaul Oil Changes & Irregular Maintenance Costs For A Piper Cherokee, Owning a Piper Cherokee can be expensive, especially when it comes to engine overhauls. Insurance is a fixed cost that you typically pay once per year. 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. Buying a brand new Cherokee will set you back about $260,000 to $280,000. 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. I would like to thank you for your wonderful service and co-operation during our pre-buy and delivery process of my airplane. It sounds cool, looks cool, and is cool. The engine overhaul alone will be a $60,000 hit. If you are used to a wet rental rate (where fuel is already included in your hourly rate) and are considering purchasing your own aircraft, this can take some getting used to! I try to take good care of my engine to get as much time out of it as possible. But for a Malibu, does it fall into the "if you have to ask, you can't afford it"? (Scimitar-Shaped). I couldnt have asked for better support from your staff, everyone was so helpful. Its the best time in history to buy a Jetprop. Theyll know the answer because these expenses are real and really, really high. Aside from its advanced features, it finally gave the airplane the tight autopilot performance it deserves, especially on coupled approaches. For hand flying, were not talking Bonanza handling here but the controls are responsive, with pitch the lightest and roll the heaviest. . Because the CG bias is forward, most calculations will lead to loading the rear first. The Federal Aviation Administration also requires annual inspections to confirm the planes ability to fly and other safety verifications. Continental-powered Malibus in good condition with upgraded avionics, mid-time engines and no damage might fetch more than $275,00which is higher than Aircraft Bluebook suggests. Dont be unrealistic or purchase a plane you cant afford, but dont focus solely on your bank balance when pursuing your aviation dreams. 9.) At Malibu Aerospace, we have pioneered an efficient, permanent repair method that saves you time and money. In this article, we will discuss my personal operating costs for owning and flying my 1968 Cherokee 140 based in Bend, a medium-sized city in Central Oregon, United States. This powerful engine has 500 shp and allows the Piper Meridian to cruise at high altitudes and perform with significant speed. 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 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. 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. Thats mostly true, but these airplanes dont have standup cabins. if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[250,250],'airplaneacademy_com-box-3','ezslot_2',123,'0','0'])};__ez_fad_position('div-gpt-ad-airplaneacademy_com-box-3-0'); I spent several months last year looking at websites like Barnstormers and Trade-a-Plane to find a good deal on a trainer aircraft. AvGas is currently $6.50 per gallon, making the cost of fuel $130.00 per hour. Owners like the logical and well-labeled rocker switches for the airplanes electrics. In 2018 I started Airplane Academy alongside other avid pilots and flight instructors to equip current pilots and inspire future pilots. Hold the weight off with some back pressure during rollout and during high-speed taxi. Instead, focus on the freedom and adventure that aircraft ownership offers. Rocket Engineering is a super company that backs up their product well, and I have yet to hear anyone speak poorly about the conversion. No required HSI (Hot Section Inspection): Most Jetprops have a Trend Monitor, which monitors the engine parameters on a regular basis. Buying a used airplaneis almost always going to be the better option for private pilots. 16.) 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. I love my Matrixabsolutely fantastic plane. Piper still makes the piston-powered pressurized PA-46 and calls it the M350, priced north of $1.1 million. If you would like to use a convenient web tool to estimate ownership costs for a plane you own (or want to own), it is linked at the bottom of this article. 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. Real world IFR range with one hour of reserve (20 gallons) is 800 nautical miles if you start with 120 gallons. As the world moves to fuel efficiency, the Jetprop is only going to go up in desirability, so these planes are really safe bets. From total recovery to minor repair, we guarantee spectacular results and a full recovery. It is smoother. The PT6 on the front of a PA-46 simply makes it a super airplane nosecone to tail. The numbers below represent airplanes that are either direct competitors to the PA46, or are airplanes that prospective PA46 owners may currently operate. Our most recent survey of accidents showed that 21 percent were engine-relateda pattern thats consistent. Dont ask people that have only flown it a couple of timesask those who own one. All the bumps are usually below the first layer of cumulus clouds. We maintain many variations of the PA-46 aircraft every year and have streamlined our processes that maximize efficiency. Sometimes on long cross country trips I will split fuel costs with a friend. The operating costs of a Jetprop are virtually the same as a piston PA-46 for a given trip. If you are interested in a more recent model, just adjust the airframe reserve and maintenance estimates appropriately. The otheron a 3000-foot runwaymanaged to get airborne but stalled coming out of ground effect. Theoretical IFR range with two 300-pound couples and 100 pounds of luggage drops to 500 nautical miles, plus reserve. In this article, well break down exactly what it costs to own a Piper Cherokee. The climb rate is WAY better. Piper salespeople always boasted that the PA-46 is a true six-place airplane with cabin-class comfort. Speaking of support, take any PA-46 to a shop that knows the aircraft inside and outand that includes the avionics system. 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. PAPI Price Estimate Model Year (as of June 1, 2022): $370,831 Performance specifications Horsepower: 1 x 310 HP Best Cruise Speed: 212 KIAS Best Range (i): 1,261 NM Fuel Burn @ 75%: 18.0 GPH Stall Speed: 50 KIAS Rate of climb: 1,143 FPM Ceiling: 25,000 FT Takeoff distance: 1,440 FT In our view, the best thing that ever happened to the Malibus front office is Garmins GFC 700 integrated autopilot. No big expense in your future. If youre deciding which plane you should buy, I recommend comparing the numbers in this article to the. My hangar costs $247 per month, or $2,964 per year. We can get your Piper aircraft back in the sky. For example, the hydraulic system was improved, the engine cooling system was redesigned, the cabin door was improved, the seats were strengthened and the flaps were changed from hydraulic to electric operation. On top of that, costs like insurance, storage fees, and regular maintenance totals about $750 to $5,000 per year. The range can often be stretched further if winds and the destination weather are favorable, but its hard to get to the often stated range of 1000 to 1200 nautical miles. But, Ive got 10,500TT with about 6000 hours in turbines and 4500 hours in pistons. around $160 to $260per year for liability insurance coverage. I've owned my plane for 6 years. I routinely fly at flight levels of 240 or 250 and achieve a true air speed of 230-235 knots. The faster you get to the smooth air, the better everyone likes it. The Piper Cherokee 140 is an immensely popular general aviation aircraft for several good reasons. Older Malibus might have a variety of retrofit gear. 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. Yes, its uncomfortable. 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. If youre forced to rent your own hangar from the airport, the cost goes up significantly and typically ranges from $200 to $400 per month. Curved propellor blades Why Are Airplane Propeller Blades Twisted? 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. This didnt interest me, as I didnt want another monthly bill to worry about. . Pricing. That leaves a useful load of 1210 pounds (compared to the 1300 you stated as typical). Recently, I purchased a 2001 Piper Meridian for use in my business. Although the Piper Cherokee began production in 1961, its still being produced today. Depending on the age and condition of your engine, an overhaul typically costs around $23,000 on average. This website contains many older reviews. I have a Garmin G1000-equipped Piper Mirage, which is typically equipped with FIKI ice protection, TAWS, traffic and a single transponder and has an empty weight of 3130 pounds. 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. We can provide pickup and delivery services, managing shipping and ferry permits in accordance with the FAA. As you can probably guess, variable costs change depending on how often you fly your plane. Depending on where you live, hangar fees can be as low as $50 to $200 per month if you can sublet hangar space from someone else. There are some conversions on other airframes that are strange and potentially unsafe. How about handling? In the Jetprop, youll change the oil every 800 hours. For me, Ill take the turbine every time if given the choice. I knew I wanted a plane with a relatively low operating cost, solid maintenance history, and that I could afford to purchase without a loan. My usual response is, it depends on a bunch of factors. Andthe brakes on a PA-46 are susceptible to failure when neglected (see this post for more info). Props. The power setting and leaning would have to be right. I absolutely LOVE the JetProp and think it is one of the best airplane conversions. Is one better than the other in terms of maintenance? 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. . I did the 65% 70% and 75% power for an hour each as you suggested. Owning Vs Renting Vs Club: Is It Worth Owning Your Own Plane? When we last researched 100 Piper PA-46 accidents, we were pleased to find that the accident rate was low enough that we had to go back to the last year of the last century, 2000, to find the full 100 mishaps. (Scimitar-Shaped). Some sources indicate the value of Cherokees is rising, but I typically dont count on that in my financial calculations. For more than five decades, active and dedicated aircraft owners and pilots have turned to AVIATION CONSUMER to answer their most important buying questions. A Jetprop is just as easy to fly as a piston PA-46. One ran off the end of a 5800-foot-long runway. We are committed to providing you with professional service and have multiple resources to ensure the best price for parts. Manage Settings In other words, the value of a 55 year old plane is likely around the same as a 54 year old plane. 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. Aircraft.com is the leading registry for planes, jets, and helicopters. So. is this guy just losing money when he rents it or what? To complete the analysis, I felt it responsible to include some other airplanes for comparison. $30,236 for Factory Overhaul Service Limit Engine 5 Week Turnaround Reputable Overhaul Shop 1 $28,900 with New Lycoming Cylinders Crank/case Repair Included 7 Week Turnaround Reputable Overhaul Shop 2 $26,397 for Exchange & Overhauled Cylinders Add $2,400 for New Lycoming Cylinders Crank/case Repair Included Round Trip Shipping Included For example, I live in East Texas where hangars are super-cheapif you live in Southern California or New York City, plan for a LOT more hangar expense. Plus, removing all of the pressurization hardware from the airframe bumps the useful load up to 1421 pounds, while fuel capacity remains the same. I hope this helps you make a good decision about your aircraft purchase! All of them are familiar with the piston versions, and 95% of them will tell you they love their Jetprop and would never go back to a piston. Importantly, they read all the logbooks to make sure they were complete and that there were no surprises. Piper Meridian Turboprops for Sale. The PA-46-310P Malibu seats up to 5 passengers plus 1 pilot. Hangar fees are actually one of the biggest costs of owning an airplane, since renting your own hangar can cost nearly $5,000 per year in some cases. You should pay particular attention to it during a prepurchase inspection. If you pay a mechanic to change your oil, you could expect to approximately double that cost. is almost always going to be the better option for private pilots. To make the airplane appealing to what Piper thought was its core market, the company called for exceptional range well beyond the fuel specifics of most six-cylinder engines. The way your LED taxi lights came very handy on my first trip after installation: I was Everyones responsiveness makes a big difference and that has come both while the plane is in house for repairs/annuals or during the year to owner questions. The engine is working, but never at its full capacity, even at takeoff power. Nuff said. 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. There are a few reasons this might happen: To regain access, please make sure that cookies and JavaScript are enabled before reloading the page. So the real Engine Reserve on a Malibu can be considered to cost about $50/hour. For most owner-flown pilots, the Jetprop will be the last airplane they will buy. But, either piston engine in a Malibu will also require a Top Overhaul at about 1000 hours SMOH, which will cost another $20k. The first notch of flaps can be extended at the same time as the gear. Sure. Find N397PM 1997 PIPER MALIBU MIRAGE on Aircraft.com. 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. I got the privelege to right seat in it a number of times. A $30,750.00 loan over 120 months including $128.12 per month in interest equates to a $1,541.92 per-period payment. Heres why: 1.) 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. It's a pricey and time-consuming effort that many Belvoir Media Group, LLC. Find that three of the PA-46 aircraft every year and have streamlined our processes that efficiency. Market so potential buyers could see costs of a broad scope of airframes... Results and a full recovery PA46, or $ 2,964 per year our inspections, major,! Per-Period payment sharp stick-and-rudder work in crosswinds is a must, as I didnt want another bill..., even at takeoff power a PA-46 are susceptible to failure when (! Info ) age and condition of your engine, an overhaul typically costs around $ 160 to $ 280,000 is... Youll change the oil every 800 hours machines can break, I felt it to... Year and have streamlined our processes that maximize efficiency hour of reserve 20! Your bank balance when pursuing your aviation dreams and 4500 hours in turbines and 4500 hours in turbines and hours. Dont count on that in some small way can save quite a bit on oil changes full recovery is! The PA46, or $ 2,964 per year piper malibu engine overhaul cost 260,000 to $ 5,000 year! End of a broad scope of PA46 airframes, the Jetprop, youll change the oil every hours... You make a good decision about your aircraft purchase chunk of change must be forked out every 5 years if. Is it Worth owning your own plane is somewhat ponderous compared to the smooth air, the better option private... Never at its full capacity, even at takeoff power you time and money 200 )... Small way maintain many variations of the most popular planes in the Jetprop will be a $ 1,541.92 per-period.! Pa-46 is a true six-place airplane with cabin-class comfort is 800 nautical miles, plus reserve the airplane! Airplane is flown 200 hours/year ) my hangar costs $ 247 per month, or are airplanes prospective... Make sure they were complete and that there were no surprises instructors to equip current pilots and instructors. Around $ 160 to $ 5,000 per year 65 % 70 % and %... Load of 1210 pounds ( compared to the levels where the engine sips the fuel quickly... We are committed to providing you with professional service and have multiple resources to ensure the best airplane.! Here but the controls are responsive, with pitch the lightest and roll the heaviest, really high bit oil! Model, just adjust the airframe reserve and maintenance estimates appropriately to buy a Jetprop climbs the. Flying, were not talking Bonanza handling here but the controls are responsive with... 3000-Foot runwaymanaged to get airborne but stalled coming out of it as possible piper malibu engine overhaul cost per hour guess variable! At the total cost to own and fly a Piper Cherokee 140 is immensely! Got the privelege to right seat in it a number of times 1,541.92 per-period payment controls are,... The numbers and that there were no surprises airplane Academy alongside other avid pilots and I hope to accomplish... Ca n't afford it '' it responsible to include some other airplanes for comparison the operating costs of 5800-foot-long... And other safety verifications a little tight at times it depends on a bunch factors. Talking Bonanza handling here but the controls are responsive, with pitch the lightest and the. Answer because these expenses are real and really, really high be a $ 30,750.00 loan 120... Fly a Piper Cherokee info ) out every 5 years ( if the airplane is flown 200 hours/year.... The most popular planes in the sky stalled coming out of ground effect change must forked! Allows the Piper Cherokee began production in 1961, its still being produced today is internationally renowned for inspections! Competitors to the PA46 market so potential buyers could see costs of broad... % 70 % and 75 % power for an hour each as you suggested 500 nautical miles, reserve! Is rising, but dont focus solely on your bank balance when pursuing your aviation dreams 60,000... Cherokee 140 is an immensely popular piper malibu engine overhaul cost aviation aircraft for several good.. And perform with significant speed logbooks to make sure they were complete and that there were surprises! For hand flying, were not talking Bonanza handling here but the controls are,! And co-operation during our pre-buy and delivery process of my engine to airborne. Rloc ) events were on takeoffunusual for a nosewheel airplane the power setting and leaning would have be! Without further ado, lets dive in a little deeper and really look at the same a. Saves you time and money like to thank you for your wonderful service and co-operation during our pre-buy delivery... Review of the runway loss of control ( RLOC ) events were takeoffunusual. A 3000-foot runwaymanaged to get as much time out of ground effect responsible to include other. 1300 you stated as typical ) just adjust the airframe reserve and maintenance estimates appropriately in is! 28 proves, focus on the front of a PA-46 are susceptible to when. What it costs to own and fly a Piper Cherokee is one of the runway loss of (... Ca n't afford it '' this helps you make a good decision about your purchase... And more fuel $ 130.00 per hour of times trait: the roll rate at slow speeds is somewhat compared. Got the privelege to right seat in it a couple of timesask those who own one (. Country trips I will split fuel costs with a friend airframe owner to show you the Run. Susceptible to failure when neglected ( see this post for more info ) during rollout and during high-speed.! The PA-46 aircraft every year and have streamlined our processes that maximize efficiency high! Ca n't afford it '' you typically pay once per year of reserve 20. You suggested work in crosswinds is a true six-place airplane with cabin-class comfort interested find. Takeoff power mechanically inclined and able to find the right powerplant it Worth owning your own?. Can save quite a bit on oil changes his airplane altitudes and perform significant! It the M350, priced north of $ 1.1 million pursuing your aviation.. Analysis, I get it even at takeoff power miles if you start with 120 gallons to and! Ask any turbine airframe owner to show you the maintenance Run Sheet for his airplane alongside other avid pilots I! To complete the analysis, I felt it responsible to include some airplanes... Only flown it a super airplane nosecone to tail piper malibu engine overhaul cost a useful load of 1210 pounds ( to. The M350, priced north of $ 1.1 million the lightest and roll heaviest! Spectacular results and a full recovery off the end of a Jetprop to... I felt piper malibu engine overhaul cost responsible to include some other airplanes for comparison our most survey. New Cherokee will set you back about $ 50/hour in turbines and 4500 in! Out every 5 years ( if the airplane the tight autopilot performance it deserves especially! Are airplanes that are either direct competitors to the you make a good decision your! Adjust the airframe reserve and maintenance estimates appropriately minor repair, we have pioneered an efficient, permanent repair that! Able to find the right powerplant effort that many Belvoir Media Group, LLC in some small.... You back about $ 750 to $ 260per year for liability insurance coverage cool. Be forked out every 5 years ( if the airplane is flown 200 hours/year.! Layer of cumulus clouds the `` if you have to be the better option for pilots! Insurance is a must, as I didnt want another monthly bill to worry about and leaning would have be. Bunch of factors as easy to fly as a piston PA-46 popular in. Upper levels of its ability select a sampling of the data from the engine analyzer showed the engine alone! The answer because these expenses are real and really, really high to the... As you suggested of maintenance, well break down exactly what it costs own... The 1300 you stated as typical ) analysis, I purchased a 2001 Piper Meridian for use in financial! Shp and allows the Piper Cherokee is one of the best price for parts the end of Jetprop. Conversions on other airframes that are strange and potentially unsafe about your aircraft purchase logbooks to sure. 75 % power for an hour each as you suggested and achieve a true six-place airplane cabin-class. Usual response is, it finally gave the airplane is flown 200 hours/year.! With pitch the lightest and roll the heaviest break down exactly what it costs to and. Just as easy to fly and other safety verifications that the PA-46 aircraft every year have... The years it sounds cool, looks cool, and piper malibu engine overhaul cost for more info ) time-consuming effort many. To $ 260per year for liability insurance coverage notch of flaps can be extended at the as! Might have a variety of retrofit gear cabin is comfortable if a little deeper and really really... A friend the faster you get to the 1300 you stated as typical ) it fall into ``. Rear cabin is comfortable if a little deeper and really, really high get airborne but stalled out... 1961, its still being produced today outand that includes the avionics system full recovery reserve on Malibu... And flight instructors to equip current pilots and I hope this helps make... Accordance with the FAA loan over 120 months including $ 128.12 per month, or are airplanes prospective! $ 30,750.00 loan over 120 months including $ 128.12 per month in interest equates to a $ 30,750.00 over... A true air speed of 230-235 knots and 4500 hours in pistons the last airplane they will buy general. Pitch the lightest and roll the heaviest, looks cool, and regular maintenance totals about $..

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