Improve the performance, safety, and efficiency of your aircraft, and schedule your next annual inspection with Malibu Aerospace. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. This website contains many older reviews. 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. 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. What also struck us during our review was that over the last 10 years, nearly half of the accidents involved turboprop PA-46s, either the Meridian or an aftermarket conversionand we dont think that half of the PA-46s flying are turboprops. No big expense in your future. Of course, you eventually pay for those hours in one way or another, but other plane owners can agree that those days are the best. . These are the costs that I incur even if I dont fly a single hour in a year. One place its not at home is taking off from short runways. This questions is easily in the top 5 questions I get asked on a routine basis from prospective buyers. Sure. Engine overhaul TBOs are just estimates. But these used Cherokees will typically need an overhaul sooner rather than later anyway, so overhauling the engine might be the better option. Based on 450 annual owner-operated hours and $6.75-per-gallon fuel cost, the PIPER Malibu Matrix G1000 has total variable costs of $141,187.50, total fixed costs of $92,405.00, and an annual budget of $233,592.50. Aircraft storage is another fixed cost that is important to consider. 11.) These days, major avionics upgrades include sourcing a new instrument panel to accommodate large flight displays. Aside from its advanced features, it finally gave the airplane the tight autopilot performance it deserves, especially on coupled approaches. I did include HSI costs for the Meridian because most owners do complete a HSI in the Meridian (although still not required for Part 91). Having maintained these aircraft ourselves, the reality is that even well-cared-for machines rack up impressive invoices. That went against what most pilots had been taught before the current understanding of lean-of-peak opsand a fair number ignored the instructions and ran rich of peak. Unless otherwise noted, these reviews carry product pricing from the time of the original review. Popular Aircraft: Cessna 182, C-182 Cessna 206, C-206 Piper Aerostar, PA-60-601P Piper Saratoga, PA-32R See how much it costs But, Ive got 10,500TT with about 6000 hours in turbines and 4500 hours in pistons. All the bumps are usually below the first layer of cumulus clouds. Rocket Engineering is a super company that backs up their product well, and I have yet to hear anyone speak poorly about the conversion. As you read above, the crazy thing is that you can find a whole new Piper Cherokee for around that same price. Get the 23 resources I wish I had at the start of my aviation journey in an easy-to-reference PDF. Our expertise in the Piper PA-46 aircraft, more than 11,000 hours of flight experience, Advantage Software, and reputation guarantee safe and valuable solutions that are guaranteed to save you time and money. Malibu Aerospace are the P46/PA46 type specialists. Instead, focus on the freedom and adventure that aircraft ownership offers. If you take a month off from flying, you will still have to pay fixed costs, but your variable cost will be zero. $25k / 250 hours is $100/hr. But we have our doubts about the fuel-guzzling Mirage matching range with the Malibu in real-world conditions. You should pay particular attention to it during a prepurchase inspection. 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. It's that valuable! An annual inspection does need to be accomplished, but there are no 6-year gear inspections (which cost $35k in every King Air), 100-hour inspections (which costs $8k in an MU2), or Phase D Inspections ($250k in a Piaggio!). OK, this one is less important, but the ramp presence of a Jetprop is super-cool. With the Cherokeesaverage fuel burn of about. The Piper Meridian is a turboprop aircraft equipped with a Pratt and Whitney PT6 engine. Unless you know what you're looking for, you won't even notice that the mod was done from a cosmetic standpoint. From total recovery to minor repair, we guarantee spectacular results and a full recovery. 9.) While this is true, there are some familiar expenses that can be planned. Owners of early Mirages suffered through Lycomings massive crankshaft recall of 2002 and 2003 and weeks to months of downtime. I've flown six hours the past two days and the plane is doing great. Ironically, Piper launched the Malibu in 1984 into what was an overall GA slump. . 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. We'll explore the ins and outs of the sky and how to travel through it. We would be sure to be on the game while operating out of 2500 feet or less. The PT6 on the front of a PA-46 simply makes it a super airplane nosecone to tail. Ill take the derated engine every time if afforded the choice. The PA-46-310P Malibu seats up to 5 passengers plus 1 pilot. . The cost of insurance will vary depending on the age and value of your plane, your experience as a pilot, and whether you just want basic liability insurance or full coverage. If it is operated improperly, the trend monitoring will let you know, and the HSI will be in your future. Aircraft engines are reliable and well-engineered machines, but everything wears down eventually. Miles is an engineer, pilot, and aircraft owner located in Bend, Oregon. The most common variable costs are fuel, oil changes, and engine overhauls. I think Piper should buy the STC and incorporate it on the line. Prop Notes. The lack of cowl flaps doesnt help matters. It costs the same to operate. 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. We'll prove our success by flying youraircraft before we return it. This option made sense on all levels. Servo problems are common warts and the KI256 flight director gyro is pricey to maintain. Contact Rocket Engineering at www.jetprop.com. My usual response is, it depends on a bunch of factors. When I was cruising around Mt. There are all sorts of other costs involved in airplane ownershipbeyond just how much you actually pay for the airplane. The more you fly, the more you can spread these fixed costs across your hours flown, effectively reducing your average hourly rate to operate the airplane. Dan, you should join MMOPA. Then add on the charts, hangar, insurance, recurrent training, etc and you are in for a big chunk per year before you turn a blade. Although the fuel burn is higher, the speed is much faster. Espaol | Japanese: . Notice I'm using the term "Malibu" and not Mirage, Jetprop, or Meridian. 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. Depending on numerous factors, the average price for a pre-owned PIPER Aztec D-E is $61,500.00. My goal was to select a sampling of the PA46 market so potential buyers could see costs of a broad scope of PA46 airframes. 6 years ago you couldnt find a Jetprop for less than $800k and most were north of $1.2m. Why did you choose the Matrix over the Malibu? For a piston airplane, an overhaul can cost $60k, and with a 2000TBO, that equates to $30/hour engine reserve. The hydraulics also ran the flaps on early models. 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! This includes things like tire replacement, airframe inspections, avionics repairs, and more. 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. For oil, a filter, and the associated labor, this can cost as much as $200 or so per oil change. An example of data being processed may be a unique identifier stored in a cookie. I would highly recommend buying the oil in bulk online. Depending on the age and condition of your engine, an overhaul typically costs around $23,000. Variable costs like fuel and engine overhauls cost about $50 to $55 per hour. Theyll know the answer because these expenses are real and really, really high. ). His initial exposure to general aviation came through completing the Aviation Merit Badge at a young age and taking a ride in his college professors Mooney M20. The PA-46 nosegear is tender and the hydraulic system continues to pose problems. I've owned my plane for 6 years. I got the privelege to right seat in it a number of times. The plane flew like a charm. A turbine naturally is smoother than a piston, especially some Lycoming powered Mirages. 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. The aircraft has been in production since 2001 and there have been approximately 556 aircraft produced. That being said, lets take a look at some numbers for an engine overhaul fund of a Cherokee 140. Youll look cool. 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. As it came time to rebuild it again, I checked out all options. A piston powered PA-46 has an engine that was originally designed for about 250HP and then has all sorts of stuff added to the engine to allow it to make 310/350HP. Casey Aviation Founder/Chief Pilot/DPE/CPIIMHG/ATP, Aircraft training, brokering, examination, & more, Beechcraft King Air 200 vs. Mitsubishi MU2. I have been flying since I was 14 years old and have been in love with aviation for as long as I can remember. But these yield to preventive attention, as do many of the Malibus system woes. 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. On top of that, costs like insurance, storage fees, and regular maintenance totals about $750 to $5,000 per year. What we did see is that things have improved over the years. The long wings produce another undesirable trait: The roll rate at slow speeds is somewhat ponderous compared to other singles. I created the PDF below to help prospective PA46 owners forecast costs. As the world moves to fuel efficiency, the Jetprop is only going to go up in desirability, so these planes are really safe bets. Another big expense when it comes to owning a Piper Cherokee is hangar fees. , and some of the more specific Cessna models in that series. I love my M-5 conversion. So the real Engine Reserve on a Malibu can be considered to cost about $50/hour. That being said, based on discussions with other Cherokee owners, I expect my maintenance bill for the Cherokee will be around $250 per month, or $3000 per year. I love how responsive it is to the yoke movements now. This is typical for a lower time non-instrument rated pilot flying a Piper Cherokee 140. But early on, Piper never seemed able to find the right powerplant. So, lets say you buy a Jetprop with 800 hours Since Overhaul (SOH) and fly it 150 hours per year (it flies faster, remember? It needed it. 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. 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