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 $1,181,887.36. A $579,017.63 loan over 120 months including $2412.57 per month in interest equates to a $29,034.09 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 $406,350.00, total fixed costs of $196,188.00, and an annual budget of $602,538.00. This breaks down to $1,338.97 per hour.

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