PIPER Meridian Price and Operating Costs


Specifications
The PIPER Meridian, manufactured from 1999 - 2015, requires a 1 person crew and can transport up to 5 passengers. The aircraft has a maximum operating altitude of 30,000', a normal cruise speed of 261 KTS/301 MPH, and a 476 NM/548 SM seats-full range. The PIPER Meridian has a 1,950' balanced field length and 1,489' landing distance. The cabin measures 03'10" high, 04'02" wide, and 12'03" long. It has a total baggage capacity of 20.00 ft^3; 20.00 ft^3 being internal and 00.00 ft^3 being external.


Pricing
Depending on numerous factors, the average price for a pre-owned PIPER Meridian is $1,250,712.20. A $620,064.73 loan over 120 months including $2583.60 per month in interest equates to a $31,092.35 per-period payment. Based on 450 annual owner-operated hours and $6.00-per-gallon fuel cost, the PIPER Meridian has total variable costs of $320,400.00, total fixed costs of $170,769.00, and an annual budget of $491,169.00. This breaks down to $1,091.49 per hour.

RANGE:
476 NM / 548 SM
SPEED:
261 KTS / 301 MPH
PRICE:
$1,250,712.20
MAX PASSENGERS:
5 people
PIPER Meridian
Flying 450 Hours per Year
Flying 450 Hours per Year + 200 Charter Hours
Annual Owner Hours
450
450
Annual Charter Hours
-
200
Fuel Cost
$6.00
$6.00
Total Fixed Cost
$170,769.00
$16,569.00
Total Variable Cost
$320,400.00
$320,400.00
Annual Budget
$491,169.00
$336,969.00
Total Hourly Cost
$1,091.49
$748.82

PIPER Meridian

Retail High/Low/Average
Highest Price Found
$1,700,000.00
Lowest Price Found
$939,000.00
Average Price
$1,250,712.20
Avg. w/o High & Low
$1,240,129.46
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