SOCATA TBM 850 Price and Operating Costs

Specifications
The SOCATA TBM 850, manufactured from 2006-2014, 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 316 KTS/364 MPH, and a 1,103 NM/1,270 SM seats-full range. The SOCATA TBM 850 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 35.90 ft^3; 30.00 ft^3 being internal and 05.90 ft^3 being external.

Pricing
Depending on numerous factors, the average price for a pre-owned SOCATA TBM 850 is $2,435,000.00. A $1,166,250.00 loan over 120 months including $4859.38 per month in interest equates to a $58,480.11 per-period payment. Based on 450 annual owner-operated hours and $7.00-per-gallon fuel cost, the SOCATA TBM 850 has total variable costs of $472,050.00, total fixed costs of $182,020.00, and an annual budget of $654,070.00. This breaks down to $1,453.49 per hour.