How much does a Piper Turboprop Cost?

A new Piper single-engine turboprop costs between $2.154m for a Piper M500, and $3.112m for a Piper M600/SLS (according to Aircraft Bluebook’s summer 2021 data). Buyers can buy a used Piper turboprop for less, with the price ultimately depending on the model, age and condition of the aircraft. For example, Aircraft Bluebook’s summer 2021 data shows that a 2010-model Piper Meridian retails for an average of $1.075m, while a 2001-model Piper Meridian costs $550k. A much older 1980-model Piper Cheyenne costs $360k.

How many Piper turboprops are flying today?

As of April 2021 there were 785 Piper Meridian and M Class turboprops in operation worldwide (excluding Piper Malibu JetProp conversions), according to JETNET data in April 2021. The Piper Meridian has the largest fleet, with 542 units in operation. At the time of writing, there had been 34 fleet retirements (again excluding Malibu JetProps) from a total 845 units built.

How far can I fly on a Piper?

According to Piper, the M600 has a maximum range of 1,658 nautical miles, while the Piper Meridian and M500 have top ranges of 1,000nm.Carrying four passengers and available fuel, the Piper Meridian offers a range of 754nm, while the M600 flies up to 1,278nm, according to Conklin & de Decker.

Which turboprops compete with Piper M Class models?

The Piper M500 provides an excellent step-up aircraft for operators seeking an entry into turboprops operations. It fills the gap between the leading piston products (including Piper’s M350, and the next level of performance offered by Piper’s M600/SLS and Daher’s TBM 940. For model-specific comparisons, check out AvBuyer’s Turboprop Comparison articles.