PIPER M350 Price and Operating Costs

Specifications
The PIPER M350, manufactured from 2015-Present, requires a 1 person crew and can transport up to 5 passengers. The aircraft has a maximum operating altitude of 25,000', a normal cruise speed of 201 KTS/231 MPH, and a 904 NM/1,041 SM seats-full range. The PIPER M350 has a 2,900' balanced field length and 3,300' landing distance. The cabin measures 03'10" high, 04'02" wide, and 12'04" long. It has a total baggage capacity of 33.00 ft^3; 20.00 ft^3 being internal and 13.00 ft^3 being external.

Pricing
Depending on numerous factors, the average price for a pre-owned PIPER M350 is $1,347,862.50. A $592,500.00 loan over 120 months including $2468.75 per month in interest equates to a $29,710.15 per-period payment. Based on 450 annual owner-operated hours and $6.75-per-gallon fuel cost, the PIPER M350 has total variable costs of $143,550.00, total fixed costs of $32,000.00, and an annual budget of $175,550.00. This breaks down to $390.11 per hour.