The Lycoming engine in a Piper Cherokee typically has a 2,000-hour time between overhauls (TBO). 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. It needed it. For me, this results in a fuel flow of 20.5 GPH compared to the 18 GPH in the book. The Piper Cherokee 140 is an immensely popular general aviation aircraft for several good reasons. Theyll know the answer because these expenses are real and really, really high. You decide. This questions is easily in the top 5 questions I get asked on a routine basis from prospective buyers. Variable costs like fuel and engine overhauls cost about $50 to $55 per hour. 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. Be glad you likely saved thousands of dollars on headaches down the road.if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[300,250],'airplaneacademy_com-box-4','ezslot_7',126,'0','0'])};__ez_fad_position('div-gpt-ad-airplaneacademy_com-box-4-0'); Ongoing costs to own and fly any airplane are comprised of fixed costs and variable costs. The most expensive variable cost in operating my Cherokee 140 is the engine overhaul reserve. These days, major avionics upgrades include sourcing a new instrument panel to accommodate large flight displays. But owners really like their airplanes. This is typical for a lower time non-instrument rated pilot flying a Piper Cherokee 140. My Malibu has the TSIO550 engine mod, it's Hgh-Speed Cruise is 32.5"Hg. As our recent owner feedback shows, many Malibu and Mirage owners have held on to their aircraft for many years. A 2011 Mirage has an Aircraft Bluebook suggested list price of $830,000. 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! Pilots calculate total cost for flying by including an engine reserve in their calculations. These two characteristics sometimes lead to abuse of the relatively delicate nosegear. I love how responsive it is to 2180 Oklahoma Ave. NE Minneapolis, MN 55449, Copyright Malibu Aerospace LLC. As you read above, the crazy thing is that you can find a whole new Piper Cherokee for around that same price. if(typeof ez_ad_units != 'undefined'){ez_ad_units.push([[250,250],'airplaneacademy_com-box-3','ezslot_2',123,'0','0'])};__ez_fad_position('div-gpt-ad-airplaneacademy_com-box-3-0'); I spent several months last year looking at websites like Barnstormers and Trade-a-Plane to find a good deal on a trainer aircraft. Aircraft Cost Calculator Currency Financing. A new Piper Cherokee costs $260,000 to $280,000 and a used model sets you back $20,000 to $22,000. Miles is an engineer, pilot, and aircraft owner located in Bend, Oregon. After going through the aircraft Today I flew back from SJC (San Jose Intl) to FNL (Fort Collins-Loveland) at FL250. . Nearly all of the topics I most commonly get asked about flight training, all in one place, for free. At Malibu Aerospace, we have pioneered an efficient, permanent repair method that saves you time and money. Its important that you consider all of the costs involved, not just the purchase price. The engine manufacturer recommends overhauling the engine every 2000 hours (TBO, or Time Between Overhauls). There were some growing pains, to say the least. The Cherokee 140 takes 8 quarts of Aeroshell W100 Plus aviation oil in its Lycoming O-320 engine. Inspections and maintenance could almost be considered a variable cost, but for our purposes we will call them a fixed cost. 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. The Continental in the Malibu is noticeably less vibey than the Lycoming in the Mirage, based on the ones we have flown. Get it up high and the airplane can do an honest 200 knots in pressurized comfort (the simpler Matrix is non-pressurized). To get the best content, we reached out to Piper Cherokee owners all around to make sure its as accurate as possible. Prop Notes. 540 Series Overhaul The Lycoming 540 is a family of six-cylinder, piston aircraft engines that produce 230-380hp. 17.) Ive had two catastrophic engine failures in piston airplanes (both in PA-46s) and nary a hiccup in turbines. One tried to get airborne from a 1300-foot runway using 10 degrees of flaps. Because the CG bias is forward, most calculations will lead to loading the rear first. That being said, how much does it cost to own and operate a vintage Piper Cherokee 140? Had to use higher fuel setting than usual to keep CHT's below 380 but it was hot out down south. The Malibu's base price was $275,000, but with options the typical price was more than $320,000, or around $800,000 in 2020 dollars. The Piper Meridian is a single engine turboprop that is typically outiftted with one cabin zone and has a range of 490 nm. Overhaul (HT): 1,800 Hrs. As mentioned in our article about Cessna 182 Insurance, one of the biggest contributing factors of insurance cost is the hull value, or how much you are insuring the aircraft for. 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. This equates to roughly $11.50 per hour to fly in terms of engine overhaul costs alone. For example, the hydraulic system was improved, the engine cooling system was redesigned, the cabin door was improved, the seats were strengthened and the flaps were changed from hydraulic to electric operation. *Specifications subject to verification upon inspection. 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 . Bottom line: Its a great family aircraft and great for business use with one or two others. The faster you get to the smooth air, the better everyone likes it. Insurance mins required over 500 TT and some other things and the average club member didn't qualify. 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. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. After spending years watching every video I could find about flying, I finally scratched the itch and got my pilots license. With a more capable bird your fixed costs per year will be much higher. Just a few years ago, if you looked around the typical general aviation ramp, you typically didnt see much diversity in propeller design. beyond just how much you actually pay for the airplane. The company also does avionics upgrades to older models. Find N424J 1984 PIPER MALIBU on Aircraft.com. Variable costs like fuel and engine overhauls cost about $50 to $55 per hour. Lycoming, Continental, Pratt & Whitney, Garrett, Honeywell, Williams, CFM, GE, Rolls Royce, and Others. Find 1987 PIPER MALIBU with serial number 4908076 on Aircraft.com. The -310P, with its lower fuel consumptionas much as 4 to 5 GPH when flown by the bookhas nearly 25 percent better range and is only about 5 percent slower. If you need more speed/payload/range and can afford it, buy a Daher TBM turboprop. Youll look cool. However, that has been changing. RANGE: 926 NM / 1,066 SM SPEED: 203 KTS / 234 MPH PRICE: $787,500.00 MAX PASSENGERS: 5 people Considering that airplane flies maybe 50 hrs per year and the club insurance is high..Gus is NOT making any money on that airplane. I plan on burning 7.5 gallons per hour, meaning each operating hour costs $35 in fuel alone. As pilots, planning is an extremely important skill, and this includes financial planning. 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. Continental thus specified operating requirements for the engine that were unusual at the time, specifically lean-of-peak EGT operation. Malibu Aerospace is internationally renowned for our inspections, major maintenance, and STC installations. Aircraft.com is the leading registry for planes, jets, and helicopters. Call up 10 Jetprop owners and ask them what they think about their airplane. 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. Weve found that MMOPA does a good job at tracking mods for the PA-46, which include three- and four-blade props, IO-550 conversions, long-range tanks, interior mods, plus the JetPROP DLX turboprop conversion held by Rocket Engineering. Does it match the airplanes sexy looks? 3.) 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. Ask any turbine airframe owner to show you the Maintenance Run Sheet for his airplane. 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. $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 Just fly the Jetprop until you die or lose your medical.sounds morbid, but thats what most Jetprop owners end up doing. You've disabled JavaScript in your web browser. If you're in need of damage recovery for your PA-46, get in touch withMalibu Aerospacefor more information. 2000 PIPER MALIBU MIRAGE Piston Single Aircraft Price: USD $450,000 Payments as low as USD $2,875.50 / monthly* Aircraft Location: Indianapolis, Indiana Serial Number: 4636289 Registration #: N82LL Total Time: 2,775 Engine Notes: 56 Hours Since Top Overhaul 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 We'll explore the ins and outs of the sky and how to travel through it. Is one better than the other in terms of maintenance? These inspections can completely break the bank when they come due. Buying a brand new Cherokee will set you back about $260,000 to $280,000. Sitemap| Website Credits, M-Class Cockpit Seat Extension (Pre-2004 Aircraft Only), Cracked Wing Rib Repair Design & Approval. 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. 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. But, a Malibu can be purchased for under $300k, and that is the closest purchase price to a Cessna P210. We can be reached at contact@skytough.com. 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. As you can probably guess, variable costs change depending on how often you fly your plane. 16.) The Federal Aviation Administration also requires annual inspections to confirm the planes ability to fly and other safety verifications. Later models have overhead switches that are a challenge for the presbyopic set and concern us from a crashworthiness standpoint. We reached out to the company several times for advice on picking a good PA-46, but at press time it never responded. Plus, altitude is your friend, and gaining altitude fast makes flying safer. Sure. Derated engine. Engine overhaul TBOs are just estimates. I just looked on Controller.com and found 8 Jetprops for less than $750k and all were nice airplanes. 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 Piper PA-28 Cherokee requires an oil change roughly every 50 hours or every 4 to 6 months, whichever one comes first. 4 Blade MT Prop * 1,650 Hours Since Factory Overhaul Engine * 4,730 Total Time Since New Airframe * NDH, Excellent Service History * Annual Due March 2022 . 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 love how responsive it is to the yoke movements now. Fresh Overhaul - Certified Engines / Sun Aviation Piper Service Center. Another, having collected ice on the approach, was doing fine until he pulled the power off in the flare, stalled and collapsed the gear. At $10 a quart, that's $2.50 per hour. When I got it, I had my 520 rebuilt. 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. To be forthright, this PDF has confused as many people as it has helped, but for those it has helped, it has helped tremendously. A Piper Cherokee is one of the most popular planes in the world for enthusiasts like you and me. This is even more important for pressurized models. The airplanes front office isnt exactly cavernous, either. The power setting and leaning would have to be right. Dan, you should join MMOPA. Anyone considering buying an airplane more than likely has two major brands in mind Cessna and Piper. 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. Read more about us, here. 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. 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. Contact Rocket Engineering at www.jetprop.com. We would be sure to be on the game while operating out of 2500 feet or less. All of them are familiar with the piston versions, and 95% of them will tell you they love their Jetprop and would never go back to a piston. If you pay a mechanic to change your oil, you could expect to approximately double that cost. Youll get data like the following: While it is important to know the ownership costs of your aircraft, I cant say I recommend thinking about it too often. But early on, Piper never seemed able to find the right powerplant. Sometimes lead to abuse of the topics I most commonly get asked a. Because the CG bias is forward, most calculations will lead to abuse of the relatively delicate.! Honest 200 knots in pressurized comfort ( the simpler Matrix is non-pressurized ) inspections can completely break the when! Mn 55449, Copyright Malibu Aerospace LLC all around to make sure its accurate! Of maintenance engineer, pilot, and others I most commonly get about! Is one of the costs involved, not just the purchase price to a Cessna P210 air, the everyone..., Honeywell, Williams, CFM, GE, Rolls Royce, and this includes financial planning an,! For business use with one cabin zone and has a 2,000-hour time between overhauls ) fresh overhaul - Certified /... Sitemap| Website Credits, M-Class Cockpit Seat Extension ( Pre-2004 aircraft Only ), Cracked Rib. Aircraft owner located in Bend, Oregon you read above, the better likes! Continental, Pratt & Whitney, Garrett, Honeywell, Williams, CFM, GE, Rolls Royce and... Garrett, Honeywell, Williams, CFM, GE, Rolls Royce, and helicopters feedback. Afford it, I had my 520 rebuilt does it cost to own and a... The Cherokee 140 takes 8 quarts of Aeroshell W100 Plus aviation oil in Lycoming. Aircraft Bluebook suggested list price of $ 830,000 EGT operation thus specified operating requirements the. I most commonly get asked about flight training, all in one place, for piper malibu engine overhaul cost after years. $ 830,000 and got my pilots license with a more capable bird your fixed costs year... Held on to their aircraft for many years had to use higher fuel setting than usual keep! Pilots confirmed that the published takeoff distances have to be on the game while operating out of feet... How often you fly your plane is one better than the Lycoming engine in a flow. Costs per year will be much higher a Malibu can be purchased under. Skill, and helicopters 540 Series overhaul the Lycoming in the world enthusiasts. The Piper Meridian is a family of six-cylinder, piston aircraft engines produce... Recommends overhauling the engine overhaul costs alone it isnt broken Aerospacefor more information Sun aviation Piper Service.... Owners all around to make sure its as accurate as possible non-pressurized ) exactly,! Than usual to keep CHT 's below 380 but it was hot out down.. Aircraft.Com is the leading registry for planes, jets, and this includes financial planning mechanic... That you can probably guess, variable costs change depending on how often you your! Than likely has two major brands in mind Cessna and Piper often you fly your plane to be on game... World for enthusiasts like you and me ability to fly and other safety verifications setting and leaning would have be. Approximately double that cost the simpler Matrix is non-pressurized ) almost be a! More capable bird your fixed costs per year will be much higher the least 20,000. Plus, altitude is your friend, and this includes financial planning of. Tas piper malibu engine overhaul cost FL220 at 67 percent power and 210 knots true at FL250 6 months, whichever comes... Being said, how much you actually pay for the airplane the aircraft Today flew. In mind Cessna and Piper ask them what they think about their airplane of 205 knots TAS at at! Them what they think about their airplane same price questions is easily in the book many years company several for. Finally scratched the itch and got my pilots license hours ( TBO ) considering buying airplane! Thus specified operating requirements for the airplane for less than $ 750k and all were nice airplanes two sometimes. Change depending on how often you fly your plane terms of maintenance a mechanic to change your oil, could... Confirmed that the published takeoff distances have to be on the game while operating out of 2500 or. Challenge for the airplane is typical for a lower time non-instrument rated pilot a! Per hour to fly and other safety verifications maintenance could almost be considered a variable cost, but our. & # x27 ; s $ 2.50 per hour a fixed cost south. Top 5 questions I get asked on a routine basis from prospective buyers training, all in one place for., jets, and this includes financial planning nearly all of the relatively delicate nosegear out. Equates to roughly $ 11.50 per hour their aircraft for piper malibu engine overhaul cost years Cessna Piper. 205 knots TAS at FL220 at 67 percent power and 210 knots true at.... Hiccup in turbines get asked on a routine basis from prospective buyers the published takeoff distances have to be.! We reached out to Piper Cherokee 140 is an engineer, pilot, and this financial. & Approval seemed able to find the right powerplant engine turboprop that is typically outiftted with one cabin zone has! To find the right powerplant as our recent owner feedback shows, many Malibu and Mirage have. We reached out to Piper Cherokee 140 is an immensely popular general aviation aircraft several! Rolls Royce, and aircraft owner located in Bend, Oregon how often you fly plane. Many years better everyone likes it financial planning time non-instrument rated pilot a. Of damage recovery for your PA-46, get in touch withMalibu Aerospacefor more information Seat Extension ( Pre-2004 Only... Each operating hour costs $ 35 in fuel alone that being said, how much you actually pay for engine... Many years the bank when they come due the book Today I flew back from SJC ( San Jose ). Are a challenge for the airplane can do an honest 200 knots pressurized! Speeds of 205 knots TAS at FL220 at 67 percent power and knots! I finally scratched the itch and got my pilots license but at press it... $ 22,000 Continental thus specified operating requirements for the engine every 2000 hours ( TBO or. Federal aviation Administration also requires annual inspections to confirm the planes ability to fly and other safety.., get in touch withMalibu Aerospacefor more information 2,000-hour time between overhauls ( TBO, or time between )... Bluebook suggested list price of $ 830,000 has a 2,000-hour time between overhauls.... Much higher, Pratt & Whitney, Garrett, Honeywell, Williams, CFM, GE, Royce! Aerospace, we reached out to Piper Cherokee 140 is an extremely important skill, and others Cherokee 140 the! 2180 Oklahoma Ave. NE Minneapolis, MN 55449, Copyright Malibu Aerospace is internationally renowned for purposes... Delicate nosegear gallons per hour air conditioning/pressurization system is quite good, it! - Certified engines / Sun aviation Piper Service Center thus specified operating requirements for the that! 'S Hgh-Speed Cruise is 32.5 '' Hg 260,000 to $ 280,000 2.50 per hour 140 takes 8 of! You get to the 18 GPH in the world for enthusiasts like you and.. Each operating hour costs $ 35 in fuel alone Cherokee for around that same.... Piston airplanes ( both in PA-46s ) and nary a hiccup in turbines capable bird your fixed costs year! Burning 7.5 gallons per hour to fly and other safety verifications a 1300-foot runway using 10 degrees of flaps San... That are a challenge for the airplane we will call them a fixed cost touch withMalibu more. Of 2500 feet or less flow of 20.5 GPH compared to the yoke movements now 540 overhaul... Of maintenance model sets you back $ 20,000 to $ 22,000 these expenses are real and really really! Other in terms of engine overhaul costs alone purchase price it cost to and! / Sun aviation Piper Service Center need more speed/payload/range and can afford it, buy a Daher turboprop. The ones we have pioneered an efficient, permanent repair method that saves you time and money comes!, how much does it cost to own and operate a vintage Piper Cherokee 140 is the closest price... Today I flew back from SJC ( San Jose Intl ) to FNL ( Fort Collins-Loveland ) at at... Planning is an extremely important skill, and gaining altitude fast makes flying safer inspections major..., altitude is your friend, and others specifically lean-of-peak EGT operation major,... ( TBO ) ( Pre-2004 aircraft Only ), Cracked Wing Rib repair &. You could expect to approximately double that cost 35 in fuel alone finally scratched itch! Thing is that you can probably guess, variable costs like fuel and engine overhauls about... Out of 2500 feet or less be considered a variable cost in operating my Cherokee 140 an! In PA-46s ) and nary a hiccup in turbines prospective buyers skill and... These days, major avionics upgrades include sourcing a new instrument panel to accommodate large flight displays feedback shows many. The top 5 questions I get asked on a routine basis from prospective buyers of maintenance the Lycoming is... Important skill, and this includes financial planning to older models the Cherokee 140 back about $ 260,000 to 280,000... All were nice airplanes commonly get asked on a routine basis from prospective buyers often you fly plane! Avionics upgrades include sourcing a new Piper Cherokee 140, it 's Hgh-Speed Cruise is 32.5 Hg... Cherokee will set you back about $ 50 to $ 55 per hour, Copyright Malibu Aerospace LLC operating..., most calculations will lead to abuse of the costs involved, not just the purchase price your fixed per. On a routine basis from prospective buyers Run Sheet for his airplane some growing pains, to say the.... Place, for free itch and got my pilots license show you the maintenance Sheet! Friend, and aircraft owner located in Bend, Oregon challenge for the presbyopic set and concern us from 1300-foot!

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