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. Read more about us, here. More than one Malibu and Matrix owner has told us its a joy at any altitude, although weve found the control forces somewhat heavy. The hydraulic system that powered the landing gear wasnt especially reliable, was sensitive to dirt and grime and required continuing maintenance. Now, Miles loves learning, sharing his passion for aviation, and traveling around the West Coast by general aviation. Its often wise to do a self-audit and brainstorm a few ways you could save money. In other words, the value of a 55 year old plane is likely around the same as a 54 year old plane. There is a lot less wear and tear and there are fewer failures between 3,600-hour overhauls, which cost an average of $200,000. It was essentially the same airplane fitted with a Lycoming TIO-540-AE2A of 350 HP. You've disabled JavaScript in your web browser. Reverse thrust is a safety tool. The ability to go into Beta on a Jetprop means that the landing distances are shorter, and far more reliable. Thinking of only short term costs like fuel can lull you into thinking owning and operating a plane is cheaper than it really is. . Cabin and cockpit noise are on the low side as GA airplanes go. 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. The PA-46-310P Malibu seats up to 5 passengers plus 1 pilot. RANGE: 799 NM / 919 SM SPEED: 203 KTS / 234 MPH PRICE: $840,000.00 MAX PASSENGERS: 5 people Useful load worked out to be 80 pounds less than planned; not a deal breaker, but a weight equivalent to fuel for IFR reserves. Understanding each is important when calculating an average hourly cost for your aircraft. Pilots report that the gear makes an effective speedbrake. We looked at buying one, building your own, or renting hangar space to see what was best. The Lycoming 360 is a family of four-cylinder, piston aircraft engines that produce 145 225hp. Available as carburated (O), fuel injected (IO), and Aerobatic versions (AIO/AEIO). If my mechanic determines that my has not lasted the expected TBO and needs to be overhauled, my maintenance bill will obviously increase. Do You Have To Buy A Plane To Get A Pilots License? The complex nosegear, which rotates 90 degrees to fit into its bay, proved delicate. The plane flew like a charm. 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. A 2001 Meridian can be bought for less and itll certainly have a lesser reserve, but a newer M500 can be bought and the airframe reserve will skyrocket. Depending on the age and condition of your engine, an overhaul typically costs around $23,000. Continue with Recommended Cookies. Costs Involved In Owning & Operating A Piper Cherokee, If youre excited about buying a Piper Cherokee which you totally should be! Left unrepaired, cracked wings ribs will produce unexpected and costly damages that become difficult to fix. Everything is working perfectly, our client experience was excellent. The Piper Cherokee 140 is an immensely popular general aviation aircraft for several good reasons. All rights reserved. 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! 16.) 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. One ran off the end of a 5800-foot-long runway. On the low side (if youre lucky) an annual inspection might cost $7000, but owners tell us $10,000 to $12,000 or more is more realistic. I did the 65% 70% and 75% power for an hour each as you suggested. 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. Or, if you currently operate a Malibu, you can see what I think the Meridian will cost in comparison. On top of that, costs like insurance, storage fees, and regular maintenance totals about $750 to $5,000 per year. An example of data being processed may be a unique identifier stored in a cookie. The PA-46 is well supported by one of the best owner groups in general aviation, the Malibu/Mirage Owners and Pilots Association found at www.mmopa.com. It was a big deal because it was a clean-sheet airplane that was biggermuch biggerthan any single around. Sitemap| Website Credits, M-Class Cockpit Seat Extension (Pre-2004 Aircraft Only), Cracked Wing Rib Repair Design & Approval. The engine is working, but never at its full capacity, even at takeoff power. If you purchase a newer one, you might have some cheaper maintenance costs, but some more expensive airframe reserve costs. No big expense in your future. Ive had two catastrophic engine failures in piston airplanes (both in PA-46s) and nary a hiccup in turbines. I think the greatest improvement is in the engine CHT temps and rate of climb. Most of the knarly weather I see I can't even top with a service cieling of 30k. Flash back to somewhere around 1982 when the Piper Malibu prototype emerged from the companys Vero Beach plant. The resulting forward baggage area is an impressive 33 cubic feet. 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. I try to take good care of my engine to get as much time out of it as possible. But these used Cherokees will typically need an overhaul sooner rather than later anyway, so overhauling the engine might be the better option. If youre excited about buying a Piper Cherokee which you totally should be! $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 As the price of fiel changes, this hourly rate will of course change right along with it. In that case the fuel truck had the wrong nozzle on the hosethe correct jet fuel nozzle wont fit into the avgas tank opening. Andas I know Ill get a bunch of push-back from some who feel Im not being competeyes, my analysis does not include the value of money. The Lycoming engine in a Piper Cherokee typically has a 2,000-hour time between overhauls (TBO). Our most recent survey of accidents showed that 21 percent were engine-relateda pattern thats consistent. A Jetprop is just as easy to fly as a piston PA-46. Engine overhaul TBOs are just estimates. I change my oil every 40 hours, meaning that each operating hour costs approximately $2.50 in oil. I plan on burning 7.5 gallons per hour, meaning each operating hour costs $35 in fuel alone. 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. To get the best content, we reached out to Piper Cherokee owners all around to make sure its as accurate as possible. You should consider the current condition of your plane, climate, and cost when weighing whether to store your plane indoors or outdoors. PIPER PA-32-300 "The latest black edition on the TS10 550C for the Piper Malibu is excellent. Like many high-performance pistons, asking prices for well-cared-for PA-46 models seems to be up. Based on Flight aware, looks like much more than 50 hrs May have gotten some more folks checked out. 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. They are the same except for pressurization, correct? 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. Garmin GNS 530 & GNS 430 S-Tec 55 Autopilot Air Conditioning Only 56 Hours Since Top Overhaul Available as carburated (O), fuel injected (IO), Turbo Charged (TO/TIO) and Aerobatic versions (AIO/AEIO). For oil, a filter, and the associated labor, this can cost as much as $200 or so per oil change. 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. 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 more upgrades. 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. 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. That was also the case with gear collapse incidents, almost all of which were more than 10 years ago. 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. He claimed the engine lost power. This effectively throws out all the range/payload figures provided by Piper. The most common ones are the purchase price, airplane insurance, hangar costs, and regular maintenance & inspections. Overhaul Cost : $150,000 Mid Life Interval : 1,800 Mid Life Cost . Why Are Some Propeller Blades Curved? We reached out to the company several times for advice on picking a good PA-46, but at press time it never responded. The otheron a 3000-foot runwaymanaged to get airborne but stalled coming out of ground effect. I love how responsive it is to the yoke movements now. There are hundreds of Jetprop conversions in the world and it is considered to be one of the best conversions on the planet. Sun n Fun 2023: Superior Custom Instrument Panels. I think Piper should buy the STC and incorporate it on the line. 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 . A Piper Cherokee is one of the most popular planes in the world for enthusiasts like you and me. The suit was settled after the court failed to certify the class. As you were browsing something about your browser made us think you were a bot. 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! Weve done it in a rapid descent. The spin-on Champion CH48110-1 oil filter used on the Cherokee costs $30. Andthe brakes on a PA-46 are susceptible to failure when neglected (see this post for more info). 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. Piper Meridian Turboprops for Sale. Had to use higher fuel setting than usual to keep CHT's below 380 but it was hot out down south. 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. Aside from its advanced features, it finally gave the airplane the tight autopilot performance it deserves, especially on coupled approaches. Newer PA-46 Mirage models (the M350 came out in 2015) are premium priced, typically retailing for around $950,000. As our recent owner feedback shows, many Malibu and Mirage owners have held on to their aircraft for many years. Aircraft.com is the leading registry for planes, jets, and helicopters. 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. This site also participates in other affiliate programs and is compensated for referring traffic and business to these companies. Additionally, the Piper Cherokee has a 36-gallon fuel capacity when empty. 7.) These inspections can completely break the bank when they come due. We and our partners use cookies to Store and/or access information on a device. There was a lesson. 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. Malibu Aerospace are the P46/PA46 type specialists. It's that valuable! 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. Typical useful loads are 1400 pounds and 1300 pounds, respectively. 4.) I've flown six hours the past two days and the plane is doing great. The higher you go, the more options you have. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. However, on average you can expect to payaround $160 to $260per year for liability insurance coverage. My has not lasted the expected TBO and needs to be overhauled, my maintenance will. That case the fuel truck had the wrong nozzle on the TS10 550C for the Piper Cherokee which you should... On burning 7.5 gallons per hour, meaning each operating hour costs 30. Seems to be up yoke movements now rotates 90 degrees to fit into its bay proved... For oil, a filter, and far more reliable other affiliate programs and is compensated referring! Cherokee owners all around to make sure its as accurate as possible on to their aircraft several. 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