PIPER M500 Price and Operating Costs
Specifications
The PIPER M500 , production in 2015-2019, requires a one man crew and can be configured in 5 seats. Maximum operating altitude of 30,000′, a optimal cruise speed of 246 knots/283 MPH, and a 950 NM/1,093 SM seats-full range. The PIPER M500 has a 2,600′ runway length (or runway plus clearway and/or stopway) and 2,100′ actual landing distance required. Cabin specifications: 03’11” cabin high, 04’01” cabin wide, and 12’03” cabin long. Maximum luggage capacity of 20.00 ft^3; 20.00 ft^3 being internal and N/A ft^3 being external.
Pricing
Average price for used aircraft PIPER M500 is $1,955,704.00. A $970,775.00 loan over 10 years including $4044.90 per month in interest equates to a $48,678.26 per-month payment. Based on 450 hours a year and fuel cost at $4.25 per-gallon, the PIPER M500 has total variable costs of $277,2N/A, total fixed costs of $131,969.00, and hypothetical summary cost of $409,169.00. How much does it cost to fly: $909.26 per hour.
Maximal total range:
950 NM / 1,093 SM
Cruise speed:
246 knots / 283 MPH
Average price:
$1,955,704.00
Number of passengers:
5 people
PIPER M500 |
Flying 450 Hours per Year | Flying 450 Hours per Year + 200 Charter Hours |
| Owner-operated hours | 450 | 450 |
| Charter-operated hours | – | 200 |
| Fuel Cost per-gallon | $4.25 | $4.25 |
| Fixed operation and maintenance cost | $131,969.00 | $-41,431.00 |
| Variable operation and maintenance cost | $277,2N/A | $277,2N/A |
| How much does a helicopter cost per year | $409,169.00 | $235,769.00 |
| Cost per hour | $909.26 | $523.93 |
PIPER M500 |
High–low pricing |
| Highest Price | $2,316,408.00 |
| Lowest Price | $1,595,000.00 |
| Average Price | $1,955,704.00 |
| Avg. w/o High & Low | $0.00 |