Malibu Aerospace took a PA46 rookie and made him feel like he had owned the aircraft for years. I hope this helps you make a good decision about your aircraft purchase! Field overhauls can cost less, but usually decrease the value of the airplane. I would strongly discourage getting in the mindset of I want to go fly, but will this sunset be worth X amount of dollars?. It's a pricey and time-consuming effort that many Belvoir Media Group, LLC. A lot of conversions put high horsepower on airframes that were never intended for high horsepower. All of these airplanes should be trading for nearly $1m. Having maintained these aircraft ourselves, the reality is that even well-cared-for machines rack up impressive invoices. This will typically get you an older model, but saving $250,000+ is well worth it! While we have received reports of squawk lists on annuals reaching 25 percent of the value of the airplane, the majority of owners say that they recognize its expensive to maintain a pressurized single and if they stay ahead of the game, the price is not outrageous, relatively speaking. Ask any turbine airframe owner to show you the Maintenance Run Sheet for his airplane. The PA-46 nosegear is tender and the hydraulic system continues to pose problems. 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. Are you kidding me? I love my M-5 conversion. This will typically get you an older model, but saving $250,000+ is well worth it! The used Malibu business must be really good. Do contact me if I can help decipher the numbers. I think Piper should buy the STC and incorporate it on the line. 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. As of this writing, my plane has around 1400 hours on the engine (TSMOH, or Time Since Major Overhaul). No big expense in your future. At my local airport in Bend, 100LL fuel currently costs $4.70 per gallon as of this writing. Fresh Overhaul - Certified Engines / Sun Aviation Piper Service Center. As you were browsing something about your browser made us think you were a bot. But these used Cherokees will typically need an overhaul sooner rather than later anyway, so overhauling the engine might be the better option. A small T-hangar in Cedar Rapids, Iowa will only cost you $68 per month. 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. The PT6 on the front of a PA-46 simply makes it a super airplane nosecone to tail. Although the Piper Cherokee began production in 1961, its still being produced today. Find N845DW 2008 PIPER MALIBU MATRIX on Aircraft.com. As the price of fiel changes, this hourly rate will of course change right along with it. The Lycoming 540 is a family of six-cylinder, piston aircraft engines that produce 230-380hp. Retraction speed is much lower, at 130 knots (Malibu) and 126 knots (Mirage) KIAS. For a used model thats airworthy and ready to fly, you can expect to spend just around $20,000 to $22,000. Both are sensitive to proper operating technique. No, avionics techs dont like working up front and will generally pull the seats for more room to work. The cost of flying a Piper Cherokee depends on the type of fuel you use. 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). 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. Aircraft I chose to use in the comparison: Yes, its uncomfortable. The aircraft is powered by a single engine and has the capacity for one pilot and five passengers. So the real Engine Reserve on a Malibu can be considered to cost about $50/hour. Aside from its advanced features, it finally gave the airplane the tight autopilot performance it deserves, especially on coupled approaches. Pricing. Getting into the seats requires minor contortions through a narrow aisle between bulkheads walling off the rear cabin. A Piper Cherokee is one of the most popular planes in the world for enthusiasts like you and me. 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. 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 We suggest finding one thats had a glass upgrade. 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. 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. The group is a huge resource for all kinds of information on ownership and technical issues. An example of data being processed may be a unique identifier stored in a cookie. 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. That means it is operated significantly below capacity. 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. A Jetprop can be bought for $600k? After going through the aircraft Today I flew back from SJC (San Jose Intl) to FNL (Fort Collins-Loveland) at FL250. 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. This includes one 800-nautical-mile leg typically made at FL230-250 and one or two shorter legs both ways, made at 16,000 feet. Andthe brakes on a PA-46 are susceptible to failure when neglected (see this post for more info). The room and seating plus the speed were really nice. I couldnt have asked for better support from your staff, everyone was so helpful. Older Malibus might have a variety of retrofit gear. Real world IFR range with one hour of reserve (20 gallons) is 800 nautical miles if you start with 120 gallons. Everything is working perfectly, our client experience was excellent. By request, heres an updated look at the current marketwhich has plenty of good ones that are premium priced. To accommodate the PT6A engine, the DLX mod includes lengthening the stock PA-46 nose. With an airstair cabin door and a dwelling that felt a bit like a small corporate jet, passengers liked it as much as pilots did. 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. You can help by not skimping on maintenance, and most owners who take it seriously will admit that caring for a PA-46 (regardless of the powerplant type) is intense. 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. Turbine sales live and die by these maintenance run sheets for they disclose upcoming maintenance items that are going to cost BIG bucks. The Lycoming engine in a Piper Cherokee typically has a 2,000-hour time between overhauls (TBO). Single engine piston aircraft with retractable landing gear. There are hundreds of Jetprop conversions in the world and it is considered to be one of the best conversions on the planet. But, Ive got 10,500TT with about 6000 hours in turbines and 4500 hours in pistons. 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. This equates to roughly $11.50 per hour to fly in terms of engine overhaul costs alone. As you can probably guess, variable costs change depending on how often you fly your plane. Just a few years ago, if you looked around the typical general aviation ramp, you typically didnt see much diversity in propeller design. Ok, so I'm considering thinking about investigating the possibility of a Malibu (not Mirage - prefer LOP). Variable costs like fuel and engine overhauls cost about $50 to $55 per hour. My Malibu has the TSIO550 engine mod, it's Hgh-Speed Cruise is 32.5"Hg. 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! Aircraft.com is the leading registry for planes, jets, and helicopters . Notice I'm using the term "Malibu" and not Mirage, Jetprop, or Meridian. Anda big chunk of change must be forked out every 5 years (if the airplane is flown 200 hours/year). From the beginning, it was thought that buyers favored a Lycoming because of a perceived reputation for reliability and robustness. There is a huge difference between 200 KTAS and 255KTAS. Owning a Piper Cherokee can be expensive, especially when it comes to engine overhauls. dont get caught up in the purchase price alone. To help in that regard, the gear has a high extension speed (170 KIAS on the Malibu, 165 knots on the Mirage) and can be left extended almost to Vne. With 120 gallons on board, I have a payload of 490 pounds. 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. Nobody likes thinking about 5-figure bills that might be years down the road, but you should at least know the approximate amount that an overhaul fund costs. It needed it. Malibu Aerospace is internationally renowned for our inspections, major maintenance, and STC installations. The plane flew like a charm. There was oncoming traffic at my 12 o'clock climbing out of KPDK and ATC called him to advise of me. The Mirage, Jetprop, or Meridian all cost more than a comparative Cessna P210, and should not be compared. The cooling mod worked wonders for my 08 Matrix. I change my oil every 40 hours, meaning that each operating hour costs approximately $2.50 in oil. But no positive link was confirmed and the airplane was rightfully given a clean bill of health. 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. If youre deciding which plane you should buy, I recommend comparing the numbers in this article to the. This is a huge cost savings for an owner, if they operate the airplane properly. These inspections can completely break the bank when they come due. Why did you choose the Matrix over the Malibu? It is a busy PDF, but theres lots ofvalue in the numbers. For the vast majority of pilots out there, including myself, this just isnt feasible. Sure. Find 1987 PIPER MALIBU with serial number 4908076 on Aircraft.com. This option made sense on all levels. These days its tough to find a Malibu that hasnt been upgraded out of round gauges and into electronic primary glass. 17.) 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. When I got it, I had my 520 rebuilt. 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. 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