PIPER Meridian Price and Operating Costs


Specifications
The PIPER Meridian, manufactured from 2001 - to present, 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 925 NM/1,064 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 $1,384,931.26. A $726,950.00 loan over 120 months including $3028.96 per month in interest equates to a $36,451.97 per-period payment. Based on 450 annual owner-operated hours and $7.00-per-gallon fuel cost, the PIPER Meridian has total variable costs of $341,100.00, total fixed costs of $170,769.00, and an annual budget of $511,869.00. This breaks down to $1,137.49 per hour.

RANGE:
925 NM / 1,064 SM
SPEED:
261 KTS / 301 MPH
PRICE:
$1,384,931.26
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
$7.00
$7.00
Total Fixed Cost
$170,769.00
$25,769.00
Total Variable Cost
$341,100.00
$341,100.00
Annual Budget
$511,869.00
$366,869.00
Total Hourly Cost
$1,137.49
$815.26

PIPER Meridian

Retail High/Low/Average
Highest Price Found
$2,100,000.00
Lowest Price Found
$950,000.00
Average Price
$1,384,931.26
Avg. w/o High & Low
$1,338,241.68
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