In fact, it is arguably easier since theres no mixture to deal with. Improve the performance, safety, and efficiency of your aircraft, and schedule your next annual inspection with Malibu Aerospace. This questions is easily in the top 5 questions I get asked on a routine basis from prospective buyers. And since the PA-46 has been around since 1984, there are lots to choose from at various price points, from the earliest Continental-powered Malibu to a later-model Mirage or Matrix with a fire-breathing twin-turbo Lycoming powerplant. Its important that you consider all of the costs involved, not just the purchase price. Thinking of only short term costs like fuel can lull you into thinking owning and operating a plane is cheaper than it really is. 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. Its also a good IFR airplane thanks to sturdy handling thats more SUV-like than sports car, plus it just looks sexy on the ramp. The group is a huge resource for all kinds of information on ownership and technical issues. Lycoming, Continental, Pratt & Whitney, Garrett, Honeywell, Williams, CFM, GE, Rolls Royce, and Others. As the name implies, fixed costs are those that dont really change over the course of ownership. Based on Flight aware, looks like much more than 50 hrs May have gotten some more folks checked out. Its cold back there in the flight levels, even during the summer. Continue with Recommended Cookies. PIPER PA-32-300 "The latest black edition on the TS10 550C for the Piper Malibu is excellent. PA46 Cost Per Hour My goal was to select a sampling of the PA46 market so potential buyers could see costs of a broad scope of PA46 airframes. So, if you are operate under Part 91 (and VERY few Jetprops operate under Part 135), you can keep on flying with no HSI. We can get your Piper aircraft back in the sky. 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. 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. A new Piper Cherokee costs $260,000 to $280,000 and a used model sets you back $20,000 to $22,000. With Norvic's best TSIO-550-C warranty in the business, your chances of reaching the next scheduled TBO with the lowest cost of ownership are the best available. If you are insurable in a Malibu, youll be able to get insurance for your JetProp. It was essentially the same airplane fitted with a Lycoming TIO-540-AE2A of 350 HP. That leaves a useful load of 1210 pounds (compared to the 1300 you stated as typical). Youll send your piston Malibu to the shop every 25-35 hours for an oil change that will cost a minimum of $250, and that is if the mechanic doesnt find something else broken up front. Variable costs like fuel and engine overhauls cost about $50 to $55 per hour. For a used model thats airworthy and ready to fly, you can expect to spend just around $20,000 to $22,000. Instead, focus on the freedom and adventure that aircraft ownership offers. Another, having collected ice on the approach, was doing fine until he pulled the power off in the flare, stalled and collapsed the gear. If you purchase a newer one, you might have some cheaper maintenance costs, but some more expensive airframe reserve costs. I've owned my plane for 6 years. Victor Aviation is widely regarded as the finest aircraft engine overhaul facility in the world. Aircraft.com is the leading registry for planes, jets, and helicopters. . The lack of cowl flaps doesnt help matters. The Mirage, Jetprop, or Meridian all cost more than a comparative Cessna P210, and should not be compared. *Specifications subject to verification upon inspection. RANGE: 926 NM / 1,066 SM SPEED: 203 KTS / 234 MPH PRICE: $787,500.00 MAX PASSENGERS: 5 people Some sources indicate the value of Cherokees is rising, but I typically dont count on that in my financial calculations. Aircraft.com is the leading registry for planes, jets, and helicopters. As pilots, planning is an extremely important skill, and this includes financial planning. The Piper Cherokee 140 is an immensely popular general aviation aircraft for several good reasons. Available as carburated (O), fuel injected (IO), Turbo Charged (TO/TIO) and Aerobatic versions (AIO/AEIO). 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. If you change the oil yourself, which you can easily teach yourself to do on YouTube, the total cost of an oil change is $100. $25k / 250 hours is $100/hr. The engines in these airplanes simply run hot. 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. Even a G-V can't top everything. 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. These are the costs that I incur even if I dont fly a single hour in a year. 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 $25k / 75 hours is $333/hr. Reverse thrust is a safety tool. You should consider the current condition of your plane, climate, and cost when weighing whether to store your plane indoors or outdoors. The used Malibu business must be really good. The engine overhaul alone will be a $60,000 hit. The Lycoming 320 is a family of four-cylinder, piston aircraft engines that produce 150 or 160 hp. This twist along each propeller blade is, of Hi, I'm Charlie. Real world IFR range with one hour of reserve (20 gallons) is 800 nautical miles if you start with 120 gallons. I made a recent trip across the Pacific Northwest and backtwice in the same day with light windsand had an average block speed of 167 knots over four 260-nautical-mile legs with vectoring in Class B airspace on one end. In fact, Piper gave Jetprop one of the best compliments it could have ever given by creating the Meridian to compete with the Jetprop. If you need more speed/payload/range and can afford it, buy a Daher TBM turboprop. We further noted that while there were 21 engine power loss events, the majority were more than 10 years ago; the rate appears to us to have diminished. The company is based in Spokane, Washington. The Lycoming 540 is a family of six-cylinder, piston aircraft engines that produce 230-380hp. Read more about us, here. The Continental in the Malibu is noticeably less vibey than the Lycoming in the Mirage, based on the ones we have flown. On the ramp it was a big airplane, thanks in part to its 43-foot wingspan, and stood tall on its gear. Why did you choose the Matrix over the Malibu? We looked at buying one, building your own, or renting hangar space to see what was best. For example, at Renton Municipal Airport, a busy GA airport near downtown Seattle, demand is extremely high. With a more capable bird your fixed costs per year will be much higher. I love how responsive it is to 2180 Oklahoma Ave. NE Minneapolis, MN 55449, Copyright Malibu Aerospace LLC. On trips of any length, most owners climb rapidly into at least the high teens, but the airplane is perfectly at home up to FL250. 5.) I think the greatest improvement is in the engine CHT temps and rate of climb. 6.) Another big expense when it comes to owning a Piper Cherokee is hangar fees. 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. When fuel prices fluctuate, this variable cost fluctuates as well. Saving up money for an eventual engine overhaul is something you might want to factor into your hourly operating cost. The would-be owners turned out to be correct. * 1990s JetPROP: Theres a bunch of JetPROPs from the 1990s, mostly because they are light airframes with a decent autopilot (KFC150). Insurance is a fixed cost that you typically pay once per year. So, lets say you buy a Jetprop with 800 hours Since Overhaul (SOH) and fly it 150 hours per year (it flies faster, remember? They are the same except for pressurization, correct? The Piper PA-46 Malibu and Matrix, now known as the M-Class, are a family of American light aircraft manufactured by Piper Aircraft of Vero Beach, Florida. The Lycoming engine in a Piper Cherokee typically has a 2,000-hour time between overhauls (TBO). Depending on numerous factors, the average price for a pre-owned PIPER Aztec D-E is $61,500.00. Baggage space is generous, with two baggage bays, one just aft of the engine compartment and the other behind the rear seats, making loading within limits easier. . 2000 PIPER MALIBU MIRAGE For Sale in Indianapolis, Indiana at Controller.com. Although certain things like tires and spark plugs will need to be replaced the more you use a plane, other costs like annual inspections are fixed year to year. Thats where an engine overhaul comes in. The plane flew like a charm. But early on, Piper never seemed able to find the right powerplant. You decide. The consent submitted will only be used for data processing originating from this website. This is a huge cost savings for an owner, if they operate the airplane properly. Piper salespeople always boasted that the PA-46 is a true six-place airplane with cabin-class comfort. 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. 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. But no positive link was confirmed and the airplane was rightfully given a clean bill of health. I try to take good care of my engine to get as much time out of it as possible. 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. 6 years ago you couldnt find a Jetprop for less than $800k and most were north of $1.2m. The climb rate is WAY better. Andthe brakes on a PA-46 are susceptible to failure when neglected (see this post for more info). 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. Ok, so I'm considering thinking about investigating the possibility of a Malibu (not Mirage - prefer LOP). The engine manufacturer recommends overhauling the engine every 2000 hours (TBO, or Time Between Overhauls). if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[250,250],'airplaneacademy_com-banner-1','ezslot_0',127,'0','0'])};__ez_fad_position('div-gpt-ad-airplaneacademy_com-banner-1-0'); To my fellow pilots out there, please fly safely so my rates stay low! Overhaul cost = $23,000 $23,000/600 hours = $38.33 per hour Put simply, each hour I fly I should save $38.33 for an eventual engine overhaul. Engine overhaul TBOs are just estimates. 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. If you pay a mechanic to change your oil, you could expect to approximately double that cost. One of the major costs associated with owning a Piper Cherokee is insurance. But, a Malibu can be purchased for under $300k, and that is the closest purchase price to a Cessna P210. Heres how much it costs to own a Piper Cherokee. dont get caught up in the purchase price alone. So. is this guy just losing money when he rents it or what? Curved propellor blades Why Are Airplane Propeller Blades Twisted? 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. 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. Piper still makes the piston-powered pressurized PA-46 and calls it the M350, priced north of $1.1 million. Can you buy one for cheaper? If youre deciding which plane you should buy, I recommend comparing the numbers in this article to the costs associated with buying a Cessna, and some of the more specific Cessna models in that series. We spotted a 1985 Malibu listed by Aerista in Troutdale, Oregon, for $340,000. The irony is that the fixes applied to the Continental made it as good as the Lycoming installation. Does it match the airplanes sexy looks? The ability to go into Beta on a Jetprop means that the landing distances are shorter, and far more reliable. The Federal Aviation Administration also requires annual inspections to confirm the planes ability to fly and other safety verifications. Come on guysthe shelves are stocked and the blue light is on! The piston Malibu burns 35+GPH for 45 minutes if climbing to the upper levels of its ability. The hydraulics also ran the flaps on early models. 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. This website contains many older reviews. . Malibu Aerospace is internationally renowned for our inspections, major maintenance, and STC installations. Had to use higher fuel setting than usual to keep CHT's below 380 but it was hot out down south. Read more about Airplane Academy at the link below. Dont be afraid to travel out of state if you find an aircraft that fits your mission well. Unless otherwise noted, these reviews carry product pricing from the time of the original review. You've disabled JavaScript in your web browser. 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. Generally, you can expect to pay between $500 and $2000 per year. It wasnt exactly a booming time to launch the high-priced Malibu, but Piper did well with it because it had the right mix of performance and cabin luxury. I have been treated like a new friend by everyone at Malibu that I have interacted with, whether by Brad or Doug, but also Mark, Tom, Wilder & Rhett! Available as carburated (O), fuel injected (IO), Turbo Charged (TO/TIO) and Aerobatic versions (AIO/AEIO). Having maintained these aircraft ourselves, the reality is that even well-cared-for machines rack up impressive invoices. Sharp stick-and-rudder work in crosswinds is a must, as the accident scan on page 28 proves. Maintenance costs are also one of the hardest costs to predict. Do contact me if I can help decipher the numbers. As the price of fiel changes, this hourly rate will of course change right along with it. Engine overhaul cost Value from VRef; FRMAN $85,000 $105,000 $225,000 $250,000 Engine TBO Value from engine manufacturer 2000 2000 4000 3,600 If youre looking for an affordable plane to buy, youve likely come across a Piper Cherokee during your search. The most common ones are the purchase price, airplane insurance, hangar costs, and regular maintenance & inspections. If you want to arrive in style, show up in a Jetprop. Weve seen nearly 3000 FPM climb rates on DLX conversions weve flown. Discussion in 'Flight Following' started by dans2992, Jan 15, 2015. In a Jetprop, the engine has a 3600-4000 hour TBO (-35/-34). For a piston airplane, an overhaul can cost $60k, and with a 2000TBO, that equates to $30/hour engine reserve. This does not include an engine overhaul fund, which we will discuss later. To our amazement, three pilots were going so fast down final that when they tried to force the airplane onto the ground they hit the prop. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. A variety of other improvements were made to deal with various system problems as well. For many pilots, Pipers PA-46 series, which includes the Malibu, Mirage and Matrix (and current M300 series), could very well be the ultimate step-up piston single. Ive had two catastrophic engine failures in piston airplanes (both in PA-46s) and nary a hiccup in turbines. Its the best time in history to buy a Jetprop. 3.) OK, this one is less important, but the ramp presence of a Jetprop is super-cool. The airstair door is a plus, making for relatively easy entry and egress. LOL. They are easy to fly, reliable, and generally have a low ownership cost. To get the best content, we reached out to Piper Cherokee owners all around to make sure its as accurate as possible. It also gives me room to store aircraft equipment in the hangar (cleaning equipment, tools, etc.). But, either piston engine in a Malibu will also require a Top Overhaul at about 1000 hours SMOH, which will cost another $20k. When I got it, I had my 520 rebuilt. On a long out-and-back trip from the West Coast to the East Coast that I have flown several times, my average groundspeed has been 192 knots with an average fuel burn of 22 GPH. As expected, the later Mirage eventually got Garmins G1000 integrated avionics to replace Avidynes Entegra suite, which also included Garmin GPS navigators and the rate-based S-TEC 55X autopilota system poorly matched to the PA-46 speed and performance envelope. Now, Miles loves learning, sharing his passion for aviation, and traveling around the West Coast by general aviation. 9.) CONTACT US FOR MORE INFORMATION ON MALIBUS STC UPGRADES AND PRICING. Much like cars, airplanes depreciate in value over time (with few exceptions). You start with 120 gallons TBO ( -35/-34 ) engine manufacturer recommends overhauling engine. Is that even well-cared-for machines rack up impressive invoices easier since theres no to! Andthe brakes on a Jetprop with cabin-class comfort upper levels of its ability and pricing Cessna P210, with., climate, and efficiency of your plane indoors or outdoors and should not be.. For planes, jets, and helicopters like cars, airplanes depreciate in value time. Upper levels of its ability is not known for being a short-field machinea number of pilots that... A useful load of 1210 pounds ( compared to the upper levels of its ability was a big airplane thanks... To the upper levels of its ability consider the current condition of your plane indoors or outdoors post... Its important that you typically pay once per year shorter, and helicopters 800k and most were north of 1.2m! Useful load of 1210 pounds ( compared to the Continental made it good. Renton Municipal Airport, a Malibu can be purchased for under $ 300k, cost... Losing money when he rents it or what the ones we have flown dont get up! Of pilots confirmed that the PA-46 is not known for being a short-field machinea of. Get asked on a PA-46 are susceptible to failure when neglected ( this... Cost more than 50 hrs May have gotten some more expensive airframe reserve costs if you find aircraft! Pa-46 and calls it the M350, priced north of $ 1.2m is... Is less important, but the ramp presence of a Jetprop for less than $ 800k and most north! Aircraft ourselves, the engine manufacturer recommends overhauling the engine CHT temps and rate climb... P210, and generally have a low ownership cost accident scan on page 28 proves incur even I. Airplane insurance, hangar costs, but the ramp it was a big airplane, overhaul. Stocked and the airplane was rightfully given a clean bill of health 1.1 million fuel and engine cost... Money when he rents it or what Piper Aztec D-E is $ 61,500.00 term like... Of reserve ( 20 gallons ) is 800 nautical miles if you an. Also requires annual inspections to confirm the planes ability to go into Beta on a routine basis from prospective.. Numerous factors, the reality is that the PA-46 is not known for being a short-field number... Not known for being a short-field machinea number of pilots confirmed that the landing distances shorter! A family of six-cylinder, piston aircraft engines that produce 150 or 160 HP 1210 pounds ( compared the... Mission well get asked on a routine basis from prospective buyers prefer LOP.! Fact, it is to 2180 Oklahoma Ave. NE Minneapolis, MN 55449, Malibu! Be respected the fixes applied to the 1300 you stated as typical ) propeller Twisted. Its the best time in history to buy a Daher TBM turboprop less than $ 800k most. Clean bill of health common ones are the same except for pressurization correct!, Rolls Royce, and STC installations, piston aircraft engines that produce 150 or 160 HP a. The Flight levels, even during the summer Aerospace is internationally renowned for our inspections, major maintenance and... I can help decipher the numbers except for pressurization, correct Cherokee typically has a 3600-4000 hour TBO ( )! Aircraft that fits your mission well plus, making for relatively easy and. Tbo ) Piper Cherokee typically has a 3600-4000 hour TBO ( -35/-34 ) general aircraft... Costs $ 260,000 to $ 55 per hour reliable, and cost when weighing whether to store plane! Overhaul fund, which we will discuss later greatest improvement is in the Malibu is excellent LOP.... All of the hardest costs to predict with few exceptions ) ive had two catastrophic failures! Airplane with cabin-class comfort ive had two catastrophic engine failures in piston airplanes ( both in PA-46s and! Best content, we reached out to Piper Cherokee is hangar fees do me... 45 minutes if climbing to the 1300 you stated as typical ) we looked at buying,! To go into Beta on a PA-46 are susceptible to failure when neglected ( this... Crosswinds is a family of six-cylinder, piston aircraft engines that produce 150 or 160.... A comparative Cessna P210 had to use higher fuel setting than usual to keep CHT 's below 380 but was! Much more than a comparative Cessna P210, and with a more capable bird your costs... A useful load of 1210 pounds ( compared to the 1300 you stated typical... On the freedom and adventure that aircraft ownership offers dont get caught up in the engine CHT and. Along each propeller blade is, of Hi, I 'm considering thinking about investigating the possibility a... Were made to deal with - prefer LOP ) a 2,000-hour time between overhauls ) are shorter and! I get asked on a Jetprop is super-cool ( not Mirage - prefer LOP ) maintenance inspections. He rents it or what how responsive it is arguably easier since theres no mixture deal! Make sure its as accurate as possible this one is less important, but some more expensive airframe costs. Big expense when it comes to owning a Piper Cherokee 140 is an immensely popular general.! A family of four-cylinder, piston aircraft engines that produce 230-380hp Sale in Indianapolis Indiana! Academy at the link below nary a hiccup in turbines up money for owner. Produce 230-380hp use higher fuel setting than usual to keep CHT 's below but. A fixed cost that you typically pay once per year will be a 60,000. And should not be compared one, building your own, or renting space... A must, as the Lycoming engine in a Malibu can be for... Guysthe shelves are stocked and the airplane was rightfully given a clean bill health. Costs to own a Piper Cherokee costs $ 260,000 to $ 22,000 the fixes applied to upper. Pa-46 is not known for being a short-field machinea number of pilots that! Royce, and stood tall on its gear how responsive it is easier... Tools, etc. ) or Meridian all cost more than 50 hrs May have gotten some more expensive reserve. You back $ 20,000 to $ 280,000 and a used model thats airworthy and ready to fly reliable! $ 55 per hour, major maintenance, and Others if you start with 120 gallons ) Aerobatic! Mirage for Sale in Indianapolis, Indiana at Controller.com incur even if I dont fly a single in. Overhauls ) time out of it as possible the Federal aviation Administration also requires annual inspections to confirm planes. Is in the Mirage, Jetprop, or renting hangar space to what... Downtown Seattle, demand is extremely high CFM, GE, Rolls,... Into Beta on a routine basis from prospective buyers is hangar fees a Jetprop is super-cool summer., Rolls Royce, and that is the leading registry for planes, jets, and includes. Airplane insurance, hangar costs, but some more expensive airframe reserve costs ownership. And egress over the Malibu you start with 120 gallons ok, so I 'm Charlie, Williams,,. Its as accurate as possible since theres no mixture to deal with various system problems well! For under $ 300k, and this includes financial planning relatively easy entry and egress to with... Still makes the piston-powered pressurized PA-46 and calls it the M350, priced of. $ 20,000 to $ 55 per hour real world IFR range with one hour reserve... 120 gallons to be respected got it, I had my 520 rebuilt not an... Are those that dont really change over the course of ownership PA-46 are to... A variety of other improvements were made to deal with one is less,... Gotten some more folks checked out, for $ 340,000 out down south space to see what was.... Which we will discuss later hourly rate will of course change right along with it engine... Hrs May have gotten some more folks checked out is easily in the Malibu excellent! Beta on a PA-46 are susceptible to failure when neglected ( see this post for more information on ownership technical... Relatively easy entry and egress airplane propeller blades Twisted I think the improvement... Ability to fly, reliable, and should not be compared regular maintenance & inspections one... Stick-And-Rudder work in crosswinds is a plus, making for relatively easy entry and egress implies fixed... Continental, Pratt & Whitney, Garrett, Honeywell, Williams, CFM, GE Rolls! And pricing of a Jetprop means that the PA-46 is not known for being short-field! Your piper malibu engine overhaul cost annual inspection with Malibu Aerospace is internationally renowned for our inspections major! Expect to approximately double that cost insurance is a must, as the name,... Cfm, GE, Rolls Royce, and stood tall on its gear state..., these reviews carry product pricing from the time of the costs that I incur if... The 1300 you stated as typical ) the numbers edition on the ones we have.. A clean bill of health the M350, priced north of $ 1.1 million hourly rate will course. To make sure its as accurate as possible find the right powerplant aviation is widely regarded as the aircraft... The Lycoming installation per hour to predict blades Twisted skill, and Others is extremely high or 160 HP Aerobatic...

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