SOCATA TBM 700C2 Price and Operating Costs

Specifications
The SOCATA TBM 700C2, manufactured from 2003-2005, requires a 1 person crew and can transport up to 5 passengers. The aircraft has a maximum operating altitude of 31,000', a normal cruise speed of 295 KTS/340 MPH, and a 1,347 NM/1,550 SM seats-full range. The SOCATA TBM 700C2 has a 3,022' balanced field length and 2,864' landing distance. The cabin measures 04'01" high, 04'00" wide, and 10'00" long. It has a total baggage capacity of 35.00 ft^3; 30.00 ft^3 being internal and 05.00 ft^3 being external.

Pricing
Depending on numerous factors, the average price for a pre-owned SOCATA TBM 700C2 is $1,495,000.00. A $629,100.00 loan over 120 months including $2621.25 per month in interest equates to a $31,545.41 per-period payment. Based on 450 annual owner-operated hours and $7.00-per-gallon fuel cost, the SOCATA TBM 700C2 has total variable costs of $412,650.00, total fixed costs of $170,927.00, and an annual budget of $583,577.00. This breaks down to $1,296.84 per hour.