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
246 knots / 283 MPH
Number of passengers:
|Flying 450 Hours per Year||Flying 450 Hours per Year + 200 Charter Hours|
|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|
|Avg. w/o High & Low||$0.00|