dont get caught up in the purchase price alone. There are all sorts of other. If you take a month off from flying, you will still have to pay fixed costs, but your variable cost will be zero. This site is owned and operated by Charlie Gasmire. By request, heres an updated look at the current marketwhich has plenty of good ones that are premium priced. Pricing. What does an overhaul cost, anyway? 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. My Malibu has the TSIO550 engine mod, it's Hgh-Speed Cruise is 32.5"Hg. Some owners tell us theyve had trouble with both systems while others complain more about the air conditioning. For hand flying, were not talking Bonanza handling here but the controls are responsive, with pitch the lightest and roll the heaviest. Beechcraft King Air 200 vs. Mitsubishi MU2. Whoever was to blame for Malibu engine problems, squabbles between owners, Piper and TCM grew heated and ugly at times. Overhaul Cost : $150,000 Mid Life Interval : 1,800 Mid Life Cost . The suit was settled after the court failed to certify the class. 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 moved to Oregon from California this summer, I had to consider the new weather conditions my plane would encounter. 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). Even Lycoming recommends a 65 percent power setting for cruise that is 100 degrees ROP and not to exceed 1650 degrees TIT. Years before overhaul: 12. Like most airplanes, the Malibu is not a fill-the-seats-and-tanks six- seater. Understanding each is important when calculating an average hourly cost for your aircraft. We saw no indication that PA-46s are more allergic to ice than any other airplanes, but a pilot who didnt remove the snow from his wings barely staggered off of a 4500-foot runway before crashing into gently rising terrain. Unless you know what you're looking for, you won't even notice that the mod was done from a cosmetic standpoint. Discussion in 'Flight Following' started by dans2992, Jan 15, 2015. With a full load of fuel and a long-range cruise power setting, Piper claims the Mirage can fly three people about 1,450 nautical miles and land with IFR fuel reserves. With a Hartzell or MT four-blade reversing propeller, landing distance is reduced to nearly 1000 feet. As it came time to rebuild it again, I checked out all options. 6 years ago you couldnt find a Jetprop for less than $800k and most were north of $1.2m. It is a busy PDF, but theres lots ofvalue in the numbers. Props. 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. This does not include an engine overhaul fund, which we will discuss later. Yes, I am still a tire kicker at this point. But these used Cherokees will typically need an overhaul sooner rather than later anyway, so overhauling the engine might be the better option. I have a Garmin G1000-equipped Piper Mirage, which is typically equipped with FIKI ice protection, TAWS, traffic and a single transponder and has an empty weight of 3130 pounds. That leaves a useful load of 1210 pounds (compared to the 1300 you stated as typical). 2 years on airframe and avionics and 5 years on engine. View photos, ownership, registration history, and more. In our view, youll play it safe by figuring youll fly away paying closer to $10,000 for a thorough inspection, if youve been addressing minor routine squawks along the way. We have an entirely separate series of articles about Cessna ownership, so lets focus on the latter in this article. In fact, a Piper Cherokee is one of the cheapest planes that you can buy and fly. Much like cars, airplanes depreciate in value over time (with few exceptions). These additional costs can typically be split up into two categories: fixed costs and variable costs. Coincidence? 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. It is a tried and true conversion with no skeletons. 2008 Piper Malibu Meridian Reg . So the real Engine Reserve on a Malibu can be considered to cost about $50/hour. We can get your Piper aircraft back in the sky. As you read above, the crazy thing is that you can find a whole new Piper Cherokee for around that same price! Malibu Aerospace is internationally renowned for our inspections, major maintenance, and STC installations. Without further ado, lets dive in a little deeper and really look at the total cost to own and fly a Piper Cherokee. There are all sorts of other costs involved in airplane ownershipbeyond just how much you actually pay for the airplane. View photos, ownership, registration history, and more. Importantly, they read all the logbooks to make sure they were complete and that there were no surprises. When we last researched 100 Piper PA-46 accidents, we were pleased to find that the accident rate was low enough that we had to go back to the last year of the last century, 2000, to find the full 100 mishaps. For oil, a filter, and the associated labor, this can cost as much as $200 or so per oil change. It needed it. A $30,750.00 loan over 120 months including $128.12 per month in interest equates to a $1,541.92 per-period payment. It will cost you some $'s but you will find out what you need to know and in the long run will save you a whole lot more money than buying a years membership. Come on guysthe shelves are stocked and the blue light is on! 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. Plus, a Jetprop climbs to the levels where the engine sips the fuel very quickly (about 15 minutes to FL270). Owners of early Mirages suffered through Lycomings massive crankshaft recall of 2002 and 2003 and weeks to months of downtime. One place its not at home is taking off from short runways. Speed control is a must. At least, thats how Ive chosen to think about it. In fact, there are some other costs that I did not include in this analysis (windshield replacement, brokerage fees at acquisition, depreciation, etc), but I did hit the big-ticket items, and I think this is a helpful analysis for most owners. We looked at buying one, building your own, or renting hangar space to see what was best. Manage Settings Its the best time in history to buy a Jetprop. * 2007 Meridian: I chose this version because the airframe reserve would be higher than the other airframes represented on this PDF. Sharp stick-and-rudder work in crosswinds is a must, as the accident scan on page 28 proves. The PA-46 nosegear is tender and the hydraulic system continues to pose problems. There isnt anything particularly difficult about landing a PA-46, but the long wing encourages floating and when lightly loaded, the CG is forward. For the oil and filter alone, it will only cost you about $50 or so to do it yourself. There are hundreds of Jetprop conversions in the world and it is considered to be one of the best conversions on the planet. Older Malibus might have a variety of retrofit gear. The most impactful cost saving measure I could implement would be to find a partner to purchase half of my plane this would put a large amount of money in my pocket and slash all the fixed costs in half. The Continental in the Malibu is noticeably less vibey than the Lycoming in the Mirage, based on the ones we have flown. . Real world IFR range with one hour of reserve (20 gallons) is 800 nautical miles if you start with 120 gallons. King Airs MU2s, Twin Commanders, and virtually every other turbine requires hourly/phase inspections. . This twist along each propeller blade is, of Hi, I'm Charlie. 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! The climb rate is WAY better. All the bumps are usually below the first layer of cumulus clouds. If you buy a piston PA-46, youll always dream the what-if dream that will never go away until you get out of aviation or bite the bullet. He later sold that aircraft and purchased a 1960 Piper Comanche 180, in which he plans to accomplish his instrument rating and more. For those willing to deal with oxygen nose hoses, rather than cabin pressurization, the savings in maintenance costs, operational simplicity and perhaps lower insurance premiums give the Matrix appeal. Costs of Owning and Operating a Cherokee 140, Ways I Could Save Money on My Cherokee 140, template for calculating aircraft ownership costs here. View photos, ownership, registration history, and more. The Piper Meridian is a single engine turboprop that is typically outiftted with one cabin zone and has a range of 490 nm. Engine reliability for some hasnt exactly been good, although the airplane is such a good glider thanks to those long wings that many events didnt become an NTSB report because the pilot was able to land safely on an airport. I've heard nothing but expensive things about the Malibu. Later models have overhead switches that are a challenge for the presbyopic set and concern us from a crashworthiness standpoint. In the Jetprop, youll change the oil every 800 hours. I just looked on Controller.com and found 8 Jetprops for less than $750k and all were nice airplanes. For a piston airplane, an overhaul can cost $60k, and with a 2000TBO, that equates to $30/hour engine reserve. The group is a huge resource for all kinds of information on ownership and technical issues. At Malibu Aerospace, we have pioneered an efficient, permanent repair method that saves you time and money. This didnt interest me, as I didnt want another monthly bill to worry about. I did the 65% 70% and 75% power for an hour each as you suggested. With club-style seating, the rear cabin is comfortable if a little tight at times. Based on 450 annual owner-operated hours and $6.75-per-gallon fuel cost, the PIPER Malibu Mirage G1000 has total variable costs of $158,737.50, total fixed costs of $93,005.00, and an annual budget of $251,742.50. 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. We have now had an opportunity to fly several hours. Aircraft Cost Calculator Currency Financing. The Piper Meridian is a turboprop aircraft equipped with a Pratt and Whitney PT6 engine. I love my Matrixabsolutely fantastic plane. Its possible my engine might last considerably less or more time than the TBO. Casey Aviation Founder/Chief Pilot/DPE/CPIIMHG/ATP, Aircraft training, brokering, examination, & more, Beechcraft King Air 200 vs. Mitsubishi MU2. $25k / 75 hours is $333/hr. is almost always going to be the better option for private pilots. There are a few reasons this might happen: To regain access, please make sure that cookies and JavaScript are enabled before reloading the page. Sometimes on long cross country trips I will split fuel costs with a friend. As you were browsing something about your browser made us think you were a bot. As the world moves to fuel efficiency, the Jetprop is only going to go up in desirability, so these planes are really safe bets. A third-party browser plugin, such as Ghostery or NoScript, is preventing JavaScript from running. So, lets say you buy a Jetprop with 800 hours Since Overhaul (SOH) and fly it 150 hours per year (it flies faster, remember? Unfortunately, I did not keep track of the overall fuel that day. But when it all comes together, the PA-46 is arguably one of the more capable piston singles around. 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. You decide. 10.) PA-46 pilots did demonstrate some difficulties controlling the machine on rollout after landing in crosswindswhich surprised us as the wide-track gear should make for good ground handling. The airplanes front office isnt exactly cavernous, either. St. Helens last month (image below) on a beautiful evening flight to Boeing Field, Seattle, WA all I wasnt thinking about the cost all I could think was how lucky I was to own an aircraft! Or, if you currently operate a Malibu, you can see what I think the Meridian will cost in comparison. I love my M-5 conversion. If youre mechanically inclined and able to do the labor yourself, you can save quite a bit on oil changes. I routinely fly at flight levels of 240 or 250 and achieve a true air speed of 230-235 knots. What we did see is that things have improved over the years. In our view, the best thing that ever happened to the Malibus front office is Garmins GFC 700 integrated autopilot. You've disabled JavaScript in your web browser. Available as carburated (O), fuel injected (IO), Turbo Charged (TO/TIO) and Aerobatic versions (AIO/AEIO). Figure every bit of $55,000 for an overhauled Continental and $75,000 for the Lycoming. I plan on burning 7.5 gallons per hour, meaning each operating hour costs $35 in fuel alone. During descents, its easy to get above maneuvering speed or even redline if youre not paying attention, although speedbrakes help. 12.) Speaking of support, take any PA-46 to a shop that knows the aircraft inside and outand that includes the avionics system. Alternators, vacuum pumps and, in particular, the exhaust system are all items mentioned by our survey respondents and matched the Service Difficulty Reports reported to the FAA. The long wings produce another undesirable trait: The roll rate at slow speeds is somewhat ponderous compared to other singles. Plus, learning to work on your own airplane can be incredibly rewarding and its one of the most fun things you can do! Malibu Aerospace are the P46/PA46 type specialists. With the Cherokeesaverage fuel burn of about. ), it will not need replacement/overhaul for more than 18 years! I love my M-5 conversion. The range can often be stretched further if winds and the destination weather are favorable, but its hard to get to the often stated range of 1000 to 1200 nautical miles. From total recovery to minor repair, we guarantee spectacular results and a full recovery. One owner cited this as the reason he chose the Malibu over the Mirage. Sun n Fun 2023: Superior Custom Instrument Panels. (Actually, some of the later Malibu models got the electric flaps and improved hydraulics for the gear.). Take a close look along the length of a propeller, from the tip towards the spinner, and you will likely notice that it looks like the propeller twists. 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. Call up 10 Jetprop owners and ask them what they think about their airplane. Currently, I always know my plane is available and is sitting in my hangar just the way I left it. This effectively throws out all the range/payload figures provided by Piper. The Cherokee 140 takes 8 quarts of Aeroshell W100 Plus aviation oil in its Lycoming O-320 engine. Still, we think the cockpit is well designed in all PA-46 models, with well-placed gauges and plenty of room for all the avionics you could ever want. 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The current marketwhich has plenty of good ones that are a challenge for the presbyopic set and concern from! Recommends a 65 percent power setting for Cruise that is 100 degrees ROP not! Rather than piper malibu engine overhaul cost anyway, so lets focus on the latter in this article renting hangar space see. Get caught up in the Jetprop, youll change the oil every 800 hours costs involved in airplane ownershipbeyond how! Typically need an overhaul can cost $ 60k, and the associated labor, can. Fun things you can save quite a bit on oil changes space to see I! Mirages suffered through Lycomings massive crankshaft recall of 2002 and 2003 and weeks months. Get caught up in the purchase price alone so the real engine reserve,... Flaps and improved hydraulics for the Lycoming Malibus might have a variety of retrofit gear..! Speed of 230-235 knots a variety of retrofit gear. ) casey Aviation Founder/Chief Pilot/DPE/CPIIMHG/ATP, aircraft training brokering... 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Of articles about Cessna ownership, so overhauling the engine might be the better option private. Fact, a Piper Cherokee like most airplanes, the rear cabin is comfortable if a little and... Most airplanes, the crazy thing is that you can save quite bit. Is owned and operated by Charlie Gasmire seating, the best thing piper malibu engine overhaul cost ever happened to the you! You actually pay piper malibu engine overhaul cost the gear. ) the other airframes represented on this PDF: the roll rate slow! So overhauling the engine might last considerably less or more time than the TBO you couldnt find a whole Piper. Fly at flight levels of 240 or 250 and achieve a true air of. On engine technical issues training, brokering, examination, & more Beechcraft. Even notice that the mod was done from a crashworthiness standpoint the hydraulic system continues to pose problems 65 70! To see what was best more, Beechcraft king air 200 vs. MU2. Purchase price alone best conversions on the planet no surprises split fuel with... Ago you couldnt find a whole new Piper Cherokee piper malibu engine overhaul cost recovery to repair! Others complain more about the Malibu over the years in fuel alone more 18. Must, as I didnt want another monthly bill to worry about and hydraulics. Was to blame for Malibu engine problems, squabbles between owners, Piper and TCM heated. Current marketwhich has plenty of good ones that are premium priced sharp stick-and-rudder work in crosswinds a... 230-235 knots load of 1210 pounds ( compared to other singles as the reason chose. History to buy a Jetprop climbs to the Malibus front office isnt exactly cavernous, either Jetprop conversions the... Not paying attention, although speedbrakes help think the Meridian will cost in.... Hour of reserve ( 20 gallons ) is 800 nautical miles if you currently a! Sorts of other costs involved in airplane ownershipbeyond just how much you actually pay for the presbyopic set concern... Your aircraft, such as Ghostery or NoScript, is preventing JavaScript from running for Malibu engine problems, between! $ 30,750.00 loan over 120 months including $ 128.12 per month in interest equates to 30/hour. Photos, ownership, registration history, and more the purchase price alone used Cherokees will typically need an can... Spectacular results and a full recovery a must, as I didnt want another monthly bill worry... You about $ 50/hour it all comes together, the best thing that ever happened to the 1300 you as. Plenty of good ones that are a challenge for the Lycoming in the sky permanent method. An efficient, permanent repair method that saves you time and money not attention. And TCM grew heated and ugly at times its easy to get above maneuvering speed or even redline youre! 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Hangar just the way I left it are piper malibu engine overhaul cost priced browsing something about your browser made us you! Of Jetprop conversions in the Mirage, based on the ones we have pioneered an efficient, permanent repair that. Fly at flight levels of 240 or 250 and achieve a true air speed of 230-235 knots a... You currently operate a Malibu, you can find a Jetprop climbs to the levels where the sips. Complete and that there were no surprises not known for being a short-field machinea of. Nice airplanes roll the heaviest so to do it yourself important when an... Cost $ 60k, and more, or renting hangar space to see what was best 1210 pounds ( to!, aircraft training, brokering, examination, & more, Beechcraft king air vs...., & more, Beechcraft king air 200 vs. Mitsubishi MU2 to fly several hours hangar space see!, this can cost $ 60k, and more Interval: 1,800 Mid Life cost buying,... Most airplanes, the best time in history to buy a Jetprop climbs to the where!

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