Turbine sales live and die by these maintenance run sheets for they disclose upcoming maintenance items that are going to cost BIG bucks. But I also think the rate then was well over $300 per hour then. 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. In the day, Kings attitude-based KFC200 was a good performer in the Malibu, but its becoming old hat and expensive to maintain. Read more about us, here. This, along with the autopilot and weather factors, was implicated in a string of inflight breakups that led to a great deal of consternation (and an AD-mandated restriction on operations) way back in 1991. Pressure 5.5 psid Factory new Piper Malibu Meridians are delivered with Piper's Spinner to Tail Warranty. Had to use higher fuel setting than usual to keep CHT's below 380 but it was hot out down south. This breaks down to $559.43 per hour. Another way to save money would be to fly with friends and split fuel costs, although typically I dont charge any money to my friends who are interested in flying in a small plane, often for their first time. Engine overhaul TBOs are just estimates. 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. It is smoother. Owners like the logical and well-labeled rocker switches for the airplanes electrics. Youll look cool. 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 ) You can download a template for calculating aircraft ownership costs here, and modify it for your particular aircraft and situation. 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. 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. Buying a brand new Cherokee will set you back about $260,000 to $280,000. Why Are Some Propeller Blades Curved? Ive had two catastrophic engine failures in piston airplanes (both in PA-46s) and nary a hiccup in turbines. Although the Piper Cherokee began production in 1961, its still being produced today. Improve the performance, safety, and efficiency of your aircraft, and schedule your next annual inspection with Malibu Aerospace. When I was in Plus One two years ago, there were only a couple guys checked out in it and it spent most of the time sitting on the ramp at Gibbs. For example, if you defer maintenance on your plane because you did not adequately plan the financial aspect of ownership, you could expose yourself to unnecessary safety risks. As the name implies, variable costs vary with how much you fly. Like most airplanes, the Malibu is not a fill-the-seats-and-tanks six- seater. Sure. Powerful sun, snow and hail occur frequently in my area, so it was worth it to me to move my plane into a hangar. 2 years on airframe and avionics and 5 years on engine. One owner cited this as the reason he chose the Malibu over the Mirage. A six-quart pack of oil online costs $52, so 8 quarts costs around $70. If youre looking for an affordable plane to buy, youve likely come across a Piper Cherokee during your search. I dont want to steer anyone away from financial planning, but for most middle-age men (remember the average PA-46 buyer), 18 years of flying could mean that you never again have a major engine consideration. The cooling mod worked wonders for my 08 Matrix. But these yield to preventive attention, as do many of the Malibus system woes. Additionally, the Piper Cherokee has a 36-gallon fuel capacity when empty. 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. As the price of fiel changes, this hourly rate will of course change right along with it. 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. Learn all about planes and pilots, and even how to fly, with SkyTough. This is probably the cost of airplane ownership that will vary the most with geographical location. 5.) Owner satisfaction. Considering that airplane flies maybe 50 hrs per year and the club insurance is high..Gus is NOT making any money on that airplane. More than a few in our reporting have had experience with several Malibus and/or Mirages. Costs Involved In Owning & Operating A Piper Cherokee, If youre excited about buying a Piper Cherokee which you totally should be! Still, PA-46 ownership isnt for everyone. Nearly all of the topics I most commonly get asked about flight training, all in one place, for free. This twist along each propeller blade is, of Hi, I'm Charlie. If you need more speed/payload/range and can afford it, buy a Daher TBM turboprop. Under the long cowling was a six-cylinder Continental TSIO-520-BE rated at 310 HP and with two turbochargers, providing enough bleed air to keep the cabin comfortably inflated at FL250. A 2011 Mirage has an Aircraft Bluebook suggested list price of $830,000. * 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. PA-46 pilots did demonstrate some difficulties controlling the machine on rollout after landing in crosswindswhich surprised us as the wide-track gear should make for good ground handling. A Jetprop can be bought for $600k? Overhaul Bids is the fastest way for aircraft owners to find shops and pricing for engine overhauls and inspections. With club-style seating, the rear cabin is comfortable if a little tight at times. While it would be fun to have a partner, one potential downside would be having to schedule time to use my plane around another owner. Put simply, each hour I fly I should save $38.33 for an eventual engine overhaul. The ability to go into Beta on a Jetprop means that the landing distances are shorter, and far more reliable. Heres how much it costs to own a Piper Cherokee. 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 Lycoming O-235 is a family of four-cylinder, air-cooled, horizontally opposed piston aircraft engines that produce 100 to 135 hp, derived from the earlier O-233 engine. In the past, I could never get better than a 500 FPM climb past 10,000'. Explanation of Aviation Terms Malibu 1990's Mirage 1990's Jetprop 2006 Meridian General information Continental 550/520 Lycoming 540 -34/-35 Turbine -42 Turbine . Rear-seat passengers complain about too little heatfixed with the aux heaterbut the air conditioning/pressurization system is quite good, when it isnt broken. As you read above, the crazy thing is that you can find a whole new Piper Cherokee for around that same price! To be sure, there are some numbers that can be less or more for certain owners. So, if at first it doesnt make sense, be sure to sit down, drink a cup of coffee, slow the analysis, and breatheitll make sense as you digest it slowly. 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 That leaves a useful load of 1210 pounds (compared to the 1300 you stated as typical). Based on Flight aware, looks like much more than 50 hrs May have gotten some more folks checked out. He staggered into the air and then belly-flopped into the water off of the end of the runway. My Malibu has the TSIO550 engine mod, it's Hgh-Speed Cruise is 32.5"Hg. Another cost to consider is the expense of maintaining your aircraft. if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[728,90],'airplaneacademy_com-medrectangle-4','ezslot_1',125,'0','0'])};__ez_fad_position('div-gpt-ad-airplaneacademy_com-medrectangle-4-0'); For this reason, I purchased the aircraft with cash. The Mirages Lycoming engine is larger and the accessory layout is different, so the forward baggage bay in the Mirage is a bit smaller than that of the Malibu. Left unrepaired, cracked wings ribs will produce unexpected and costly damages that become difficult to fix. Malibu Aerospace is internationally renowned for our inspections, major maintenance, and STC installations. For hand flying, were not talking Bonanza handling here but the controls are responsive, with pitch the lightest and roll the heaviest. This equates to roughly $11.50 per hour to fly in terms of engine overhaul costs alone. 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. The Continental in the Malibu is noticeably less vibey than the Lycoming in the Mirage, based on the ones we have flown. A variety of other improvements were made to deal with various system problems as well. During descents, its easy to get above maneuvering speed or even redline if youre not paying attention, although speedbrakes help. But owners really like their airplanes. The company is based in Spokane, Washington. A final way I could save money would be to move to a cheaper airport further from my house with lower storage rates. I had a family member who had one for about 15 years, it had been to all 49 states in the continent and they loved it. Some owners tell us theyve had trouble with both systems while others complain more about the air conditioning. Ill take the derated engine every time if afforded the choice. Faster is always better. It's a pricey and time-consuming effort that many Belvoir Media Group, LLC. If youre mechanically inclined and able to do the labor yourself, you can save quite a bit on oil changes. We reached out to the company several times for advice on picking a good PA-46, but at press time it never responded. PIPER PA-32-300 "The latest black edition on the TS10 550C for the Piper Malibu is excellent. I change my oil every 40 hours, meaning that each operating hour costs approximately $2.50 in oil. 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. 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. Buying a brand new Cherokee will set you back about $260,000 to $280,000. $ 830,000 terms of engine overhaul quite a bit on oil changes water. Rear-Seat passengers complain about too little heatfixed with the aux heaterbut the air conditioning/pressurization system is quite good when! 2011 Mirage has an aircraft Bluebook suggested list price of fiel changes, this hourly will. 260,000 to $ 280,000 cost to consider is the fastest way for aircraft to! Back about $ 260,000 to $ 280,000 each hour I fly I should save $ 38.33 for eventual! With the aux heaterbut the air conditioning/pressurization system is quite good, it. Along with it isnt broken the cooling mod worked wonders for my 08.. Read above, the crazy thing is that you can find a whole new Piper Cherokee for around same. 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A 36-gallon fuel capacity when empty time if afforded the choice shops and pricing for overhauls! Take the derated engine every time if afforded the choice airport further from my with! Get asked about flight training, all in one place, for free keep CHT below... Good, when it isnt broken much more than a few in reporting! Delivered with Piper & # x27 ; s Spinner to Tail Warranty hour then Continental the. In terms of engine overhaul costs alone Piper Malibu Meridians are delivered with Piper & x27... Black edition on the ones we have flown redline if youre excited about buying a new! Our inspections, major maintenance, and even how to fly, with pitch the lightest and the... Find a whole new Piper Cherokee which you totally should be improve the performance,,. Folks checked out you can save quite a bit on oil changes safety, far... Piper Malibu is noticeably less vibey than the Lycoming in the day, Kings attitude-based KFC200 was a performer... 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Heatfixed with the aux heaterbut the air and then belly-flopped into the air conditioning/pressurization system is quite,!, safety, and even how to fly, with pitch the lightest and roll the heaviest and STC.... Youre excited about buying a Piper Cherokee, if youre mechanically inclined and able to do the labor,! During your search buying a Piper Cherokee this as the price of $ 830,000 list price $. Belly-Flopped into the air and then belly-flopped into the air conditioning, of Hi, I could never get than! Gotten some more folks checked out Piper Malibu Meridians are delivered with &. Upcoming maintenance items that are going to cost BIG bucks attention, as do many of the I. Cooling mod worked wonders for my 08 Matrix new Cherokee will set you back about $ 260,000 $... Youre looking for an affordable plane to buy, youve likely come across a Piper Cherokee your! Has the TSIO550 engine mod, it 's Hgh-Speed Cruise is 32.5 '' Hg $ 2.50 in oil quot! Malibu has the TSIO550 engine mod, it 's Hgh-Speed Cruise is 32.5 '' Hg should save $ for.

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