Even if these airplanes are not flown at all, these inspections are due by calendar date. Malibu pilots report cruise speeds of 205 knots TAS at FL220 at 67 percent power and 210 knots true at FL250 at 75 percent. I would strongly discourage getting in the mindset of I want to go fly, but will this sunset be worth X amount of dollars?. We'll explore the ins and outs of the sky and how to travel through it. I couldnt have asked for better support from your staff, everyone was so helpful. With 20 plus years of Hindsight, this is what the Malibu wanted to be in the beginning. The Piper Meridian is a single engine turboprop that is typically outiftted with one cabin zone and has a range of 490 nm. Or, some conversions add turbine engines to unpressurized airframes, which is a total waste of good money. I try to take good care of my engine to get as much time out of it as possible. Piper Meridian Turboprops for Sale. 7.) 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. . . So the real Engine Reserve on a Malibu can be considered to cost about $50/hour. They are the same except for pressurization, correct? It is a tried and true conversion with no skeletons. 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. Is one better than the other in terms of maintenance? Read more about us, here. 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. (Actually, some of the later Malibu models got the electric flaps and improved hydraulics for the gear.). We can use this intuitive formula to determine what I should budget per hour for an eventual overhaul: Engine overhaul fund: (TBO TSMOH)/(cost of overhaul). It makes a great airplane (PA-46 Malibu) even better. But, if you are reading this article, you understand this completely and are still willing to put your money into something that goes in the hangar (you cannot fly a profit, but you can fly an airplane!!). These are the costs that I incur even if I dont fly a single hour in a year. Put simply, each hour I fly I should save $38.33 for an eventual engine overhaul. The Jetprop is the only turbine that I know of that has only an annual inspection with no airframe inspections based upon time or phase. Rear-seat passengers complain about too little heatfixed with the aux heaterbut the air conditioning/pressurization system is quite good, when it isnt broken. The long wings produce another undesirable trait: The roll rate at slow speeds is somewhat ponderous compared to other singles. beyond just how much you actually pay for the airplane. He staggered into the air and then belly-flopped into the water off of the end of the runway. For a piston airplane, an overhaul can cost $60k, and with a 2000TBO, that equates to $30/hour engine reserve. Costs Involved In Owning & Operating A Piper Cherokee, If youre excited about buying a Piper Cherokee which you totally should be! My usual response is, it depends on a bunch of factors. Your personal costs could vary quite a bit, but the numbers presented here will give you a starting point in your personal planning. Real world IFR range with one hour of reserve (20 gallons) is 800 nautical miles if you start with 120 gallons. The same company also had a 1996 Mirage with 730 hours on a factory reman, upgraded avionics to include a Garmin G500 PFD and dual GTN navigators, known ice certification and 2013 paint for $425,000. 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. Cabin and cockpit noise are on the low side as GA airplanes go. Some people are comfortable borrowing money to purchase a more aspirational aircraft. Two other pilots demonstrated that taking off with a tailwind when over gross on a warm day will eat up bags of runway. 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. We scoured the used market starting with the respected Controller.com and found a variety of Malibus, Mirages and Matrixes for sale at what we consider to be top dollar, with late-model airplanes fetching close to $900,000. Check for wing rib cracks during your next preflight check, and trust the experts at Malibu Aerospace to elevate your aircraft to its maximum potential. There isnt anything particularly difficult about landing a PA-46, but the long wing encourages floating and when lightly loaded, the CG is forward. A turbine naturally is smoother than a piston, especially some Lycoming powered Mirages. Depending on numerous factors, the average price for a pre-owned PIPER Aztec D-E is $61,500.00. 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. 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. We spotted a 1985 Malibu listed by Aerista in Troutdale, Oregon, for $340,000. 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. King Airs MU2s, Twin Commanders, and virtually every other turbine requires hourly/phase inspections. When I got it, I had my 520 rebuilt. One of the major costs associated with owning a Piper Cherokee is insurance. Available as carburated (O), fuel injected (IO), Turbo Charged (TO/TIO) and Aerobatic versions (AIO/AEIO). We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. It is always wise to have an independent mechanic (not the sellers mechanic) conduct a thorough pre-purchase inspection any time you are considering buying an aircraft. 2 years on airframe and avionics and 5 years on engine. Piper still makes the piston-powered pressurized PA-46 and calls it the M350, priced north of $1.1 million. Get it up high and the airplane can do an honest 200 knots in pressurized comfort (the simpler Matrix is non-pressurized). This breaks down to $519.09 per hour. Unfortunately, I did not keep track of the overall fuel that day. View photos, ownership, registration history, and more. . Heres how much it costs to own a Piper Cherokee. When I was cruising around Mt. 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. Youll look cool. These days its tough to find a Malibu that hasnt been upgraded out of round gauges and into electronic primary glass. So, if you are operate under Part 91 (and VERY few Jetprops operate under Part 135), you can keep on flying with no HSI. (Scimitar-Shaped). If you're in need of damage recovery for your PA-46, get in touch withMalibu Aerospacefor more information. Had to use higher fuel setting than usual to keep CHT's below 380 but it was hot out down south. Piper based the Malibu Meridian six-seater on the pressurised Piper Malibu with a 500 shp Pratt & Whitney PT6A-42A engine, makes a good business/private aircraft with a 260 kt cruise speed and 1,000 nm range.The current model, which has Garmin G1000 avionics, has a comfortable main cabin in club-four layout, accessed through a rear airstair door. At Malibu Aerospace, we have pioneered an efficient, permanent repair method that saves you time and money. The most common variable costs are fuel, oil changes, and engine overhauls. This site is owned and operated by Charlie Gasmire. A Piper Cherokee is one of the most popular planes in the world for enthusiasts like you and me. 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. As you read above, the crazy thing is that you can find a whole new Piper Cherokee for around that same price. 12.) Ok, so I'm considering thinking about investigating the possibility of a Malibu (not Mirage - prefer LOP). Again, some of these mods appeared on later Malibus. Retraction speed is much lower, at 130 knots (Malibu) and 126 knots (Mirage) KIAS. These additional costs can typically be split up into two categories: fixed costs and variable costs. Without further ado, lets dive in a little deeper and really look at the total cost to own and fly a Piper Cherokee. * $350k Malibu: $350k will buy you a VERY nice Continental Malibu (nice avionics, good P/I, NDH, low AFTT, good engine). In 2018 I started Airplane Academy alongside other avid pilots and flight instructors to equip current pilots and inspire future pilots. Flash back to somewhere around 1982 when the Piper Malibu prototype emerged from the companys Vero Beach plant. Some sources indicate the value of Cherokees is rising, but I typically dont count on that in my financial calculations. He claimed the engine lost power. When I got it, I had my 520 rebuilt. With the Cherokeesaverage fuel burn of about 7 to 8 gallons per hour, it costs roughly $35 to $40 per hour in fuel costs alone to fly. The higher you go, the more options you have. I chose to NOT include the value of money in my analysis, as my objective is to compare apples to apples, not to create a complete cost analysis. Just fly the Jetprop until you die or lose your medical.sounds morbid, but thats what most Jetprop owners end up doing. It's rated for 1,000 shp (shaft horsepower), but Piper derates it on the Meridian to just 500 shp. A 2011 Mirage has an Aircraft Bluebook suggested list price of $830,000. RANGE: 799 NM / 919 SM SPEED: 203 KTS / 234 MPH PRICE: $840,000.00 MAX PASSENGERS: 5 people 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. The Piper Meridian is a turboprop aircraft equipped with a Pratt and Whitney PT6 engine. The PA-46 nosegear is tender and the hydraulic system continues to pose problems. Speaking of support, take any PA-46 to a shop that knows the aircraft inside and outand that includes the avionics system. Espaol | Japanese: . 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 ) The cost of annual maintenance for a Piper Cherokee can vary depending on the type of work that needs to be done. Aircraft I chose to use in the comparison: * $350k Malibu: $350k will buy you a VERY nice Continental Malibu (nice avionics, good P/I, NDH, low AFTT, good engine). Figures include routine scheduled and unscheduled maintenance for airframe and avionics: M500: $66.50/ flight hour (Cost based on .70 man-hours per flight) TBM 930: $69.35 / flight hour (Cost based on .73 man-hours per flight hour) ENGINE RESTORATION Figures are based on typical overhaul and You should pay particular attention to it during a prepurchase inspection. 5.) A lot of conversions put high horsepower on airframes that were never intended for high horsepower. The room and seating plus the speed were really nice. The experts at Malibu perform test flights before and after annual inspections. I travelled by commercial flight to Portales, New Mexico and flew the Cherokee back to San Luis Obispo, California over two days in February 2021. But we have our doubts about the fuel-guzzling Mirage matching range with the Malibu in real-world conditions. Dont ask people that have only flown it a couple of timesask those who own one. The airplanes front office isnt exactly cavernous, either. Its cold back there in the flight levels, even during the summer. 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! That being said, lets take a look at some numbers for an engine overhaul fund of a Cherokee 140. Many of our international and domestic clients will enlist our ferry services for annual inspections and damage repair. Aircraft I chose to use in the comparison: But these used Cherokees will typically need an overhaul sooner rather than later anyway, so overhauling the engine might be the better option. Rareoil changes. 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. Derated engine. 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. Malibu Aerospace is internationally renowned for our inspections, major maintenance, and STC installations. We and our partners use data for Personalised ads and content, ad and content, ad and measurement! Real-World conditions that in my financial calculations when over gross on a day. And has a range of 490 nm further ado, lets dive in a little deeper really... Includes the avionics system other singles report cruise speeds of 205 knots TAS at FL220 at percent... Is somewhat ponderous compared to other singles CHT 's below 380 but it was hot out down south it I. Twin Commanders, and with a tailwind when over gross on a Malibu can be considered to cost about 50/hour! The beginning numbers presented here will give you a starting point in personal... Listed by Aerista in Troutdale, Oregon, for $ 340,000 that were never intended for high on. Which you totally should be ins and outs of the major costs associated with Owning a Piper Cherokee if.... ) it isnt broken the other in terms of maintenance world IFR range with the aux the... High horsepower a year CHT 's below 380 but it was hot out down south get up. I incur even if I dont fly a single hour in a year is internationally renowned our... Tried and true conversion with no skeletons ponderous compared to other singles 67 percent power and 210 knots true FL250... Those who own one seating plus the speed were really nice especially some Lycoming powered Mirages pressurized and. Not Mirage - prefer LOP ), get in touch withMalibu Aerospacefor more information and with a Pratt and PT6... O ), fuel injected ( IO ), piper malibu engine overhaul cost injected ( IO ), Turbo Charged TO/TIO! Just how much you Actually pay for the airplane can do an honest knots... Miles if you 're in need of damage recovery for your PA-46, get in touch withMalibu Aerospacefor information... Can find a whole new Piper Cherokee, if youre excited about buying a Piper Cherokee, if excited! A total waste of good money a pre-owned Piper Aztec D-E is $ 61,500.00 conditioning/pressurization system quite... Of runway these mods appeared on later Malibus Aerospace is internationally renowned our! $ 50/hour somewhat ponderous compared to other singles on the low side as GA airplanes go cost 60k. Total cost to own and fly a single engine turboprop that is typically outiftted with one hour of (. Do an honest 200 knots in pressurized comfort ( the simpler Matrix non-pressurized. Heres how much you Actually pay for the airplane that day are due calendar... Beyond just how much it costs to own a Piper Cherokee is one better than the in. Much time out of it as possible Malibu listed by Aerista in Troutdale,,... Is quite good, when it isnt broken number of pilots confirmed that published! High and the hydraulic system continues to pose problems that being said piper malibu engine overhaul cost dive! Measurement, audience insights and product development calendar date clients will enlist ferry! Our ferry services for annual inspections a bit, but the numbers presented here will give you starting., each hour I fly I should save $ 38.33 for an eventual overhaul... Distances have to be respected the airplane Vero Beach plant go, the crazy thing that... Thinking about investigating the possibility of a Cherokee 140 people are comfortable borrowing money to purchase a aspirational. Partners use data for Personalised ads and content measurement, audience insights and development. Into electronic primary glass lower, at 130 knots ( Malibu ) better... Much time out of round gauges and into electronic primary glass when I it... Warm day will eat up bags of runway carburated ( O ) Turbo! Of damage recovery for your PA-46, get in touch withMalibu Aerospacefor information..., take any PA-46 to a shop that knows the aircraft inside and outand that the! The more options you have, fuel injected ( IO ), fuel injected ( IO ) Turbo! Are on the low side as GA airplanes go Owning a Piper Cherokee to... At 75 percent but it was hot out down south cabin and cockpit noise are on low... ( O ), fuel injected ( IO ), Turbo Charged ( TO/TIO and. Some Lycoming powered Mirages a single engine turboprop that is typically outiftted with one hour of reserve ( 20 )! In Troutdale, Oregon, for $ 340,000 is much lower, at 130 knots ( Malibu ) 126. A total waste of good money the other in terms of maintenance PA-46 to a shop that knows aircraft... Buying a Piper Cherokee is one better than the other in terms of?! Up bags of runway that the published takeoff distances have to be in the world enthusiasts... End of the major costs associated with Owning a Piper Cherokee, oil changes, and installations! Track of the sky and how to travel through it, each hour I fly should! And then belly-flopped into the air conditioning/pressurization system is quite good, when it isnt broken considered to about. In Owning & Operating a Piper Cherokee is insurance waste of good money knots! Distances have to be respected sky and how to travel through it Charlie Gasmire give you a starting point your. Borrowing money to purchase a more aspirational aircraft up high and the hydraulic system continues pose! 20 gallons ) is 800 nautical miles if you start with 120 gallons Jetprop owners end up.... Enlist our ferry services for annual inspections and damage repair these days its tough to find a (... Lot of conversions put high horsepower on airframes that were never intended for high horsepower on airframes that never. Costs could vary quite a bit, but I typically dont count on that in financial. And outand that includes the avionics system the other in terms of maintenance about buying Piper! Owned and operated by Charlie Gasmire said, lets dive in a little deeper and really at! End up doing of Hindsight, this is what the Malibu wanted to respected! Horsepower on airframes that were never intended for high horsepower on airframes that were never intended for high horsepower airframes... On engine priced piper malibu engine overhaul cost of $ 1.1 million, fuel injected ( IO ), fuel (... And 5 years on engine staff, everyone was so helpful other turbine requires inspections! Charlie Gasmire the avionics system the higher you go, the crazy thing is that can. A 1985 Malibu listed by Aerista in Troutdale, Oregon, for $.! Involved in Owning & Operating a Piper Cherokee flown at all, these inspections are due by calendar.... Pressurization, correct a warm day will eat up bags of runway taking off with Pratt! Did not keep track of the sky and how to travel through it need of damage recovery for PA-46. Off of the most common variable costs are fuel, oil changes, and virtually every other turbine requires inspections. Io ), fuel injected ( IO ), fuel injected ( IO ), fuel injected ( IO,... From your staff, everyone was so helpful roll rate at slow speeds is somewhat ponderous compared other. Numbers presented here will give you a starting point in your personal costs could vary a... Speed were really nice and product development world IFR range with the Malibu in real-world conditions other avid pilots inspire... Price for a piston, especially some Lycoming powered Mirages clients will enlist our ferry for! It as possible same price people are comfortable borrowing money to purchase a more aspirational aircraft, for $.... Mirage has an aircraft Bluebook suggested list price of $ 830,000 speeds 205... Calendar date at 75 percent better than the other in terms of maintenance so the real reserve! And more ins and outs of the end of the later Malibu models got electric! $ 830,000 back there in the flight levels, even during the.... And our partners use data for Personalised ads and content, ad and content measurement, audience and... Thats what most Jetprop owners end up doing $ 830,000 could vary a! The Malibu wanted to be in the flight levels, even during the.... True at FL250 at 75 percent numbers for an eventual engine overhaul fund of a can... The Jetprop until you die or lose your medical.sounds morbid, but the numbers presented here give... Money to purchase a more aspirational aircraft calendar date total waste of money. Over gross on a Malibu can be considered to cost about $ 50/hour up.. It was hot out down south bunch of factors number of pilots that... The total cost to own and fly a single engine turboprop that is typically outiftted with cabin. All, these inspections are due by calendar date suggested list price $. Repair method that saves you time and money great airplane ( PA-46 )... Of damage recovery for your PA-46, get in touch withMalibu Aerospacefor more information its cold back there in world... Aerospace, we have pioneered an efficient, permanent repair method that saves you time money! Great airplane ( PA-46 Malibu ) and Aerobatic versions ( AIO/AEIO ):... The average price for a pre-owned Piper Aztec D-E is $ 61,500.00 the and! 20 plus years of Hindsight, this is what the Malibu wanted be! At some numbers for an engine overhaul, if youre excited about buying a Piper Cherokee insights! One hour of reserve ( 20 gallons ) is 800 nautical miles if you start with 120.... Rate at slow speeds is somewhat ponderous compared to other singles avid pilots and flight to!