PIPER Seminole PA44 Price and Operating Costs

Specifications
The PIPER Seminole PA44, manufactured from 1979 - to present, requires a 1 person crew and can transport up to 3 passengers. The aircraft has a maximum operating altitude of 15,000', a normal cruise speed of 162 KTS/187 MPH, and a 756 NM/871 SM seats-full range. The PIPER Seminole PA44 has a 2,145' balanced field length and 1,639' landing distance. The cabin measures 04'01" high, 03'06" wide, and 07'03" long. It has a total baggage capacity of 15.00 ft^3; 15.00 ft^3 being internal and 00.00 ft^3 being external.

Pricing
Depending on numerous factors, the average price for a pre-owned PIPER Seminole PA44 is $410,000.00. A $205,000.00 loan over 120 months including $854.17 per month in interest equates to a $10,279.46 per-period payment. Based on 450 annual owner-operated hours and $6.75-per-gallon fuel cost, the PIPER Seminole PA44 has total variable costs of $118,125.00, total fixed costs of $101,745.00, and an annual budget of $219,870.00. This breaks down to $488.60 per hour.