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PIPER M500 Price and Operating Costs


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.


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:
Number of passengers:
5 people


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


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

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