SOCATA TBM 700B Price and Operating Costs

Specifications
The SOCATA TBM 700B, manufactured from 1999-2002, 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 287 KTS/331 MPH, and a 975 NM/1,122 SM seats-full range. The SOCATA TBM 700B 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 35.00 ft^3; 30.00 ft^3 being internal and 05.00 ft^3 being external.

Pricing
Depending on numerous factors, the average price for a pre-owned SOCATA TBM 700B is $1,000,000.00. A $500,000.00 loan over 120 months including $2083.33 per month in interest equates to a $25,071.86 per-period payment. Based on 450 annual owner-operated hours and $6.00-per-gallon fuel cost, the SOCATA TBM 700B has total variable costs of $408,150.00, total fixed costs of $169,279.00, and an annual budget of $577,429.00. This breaks down to $1,283.18 per hour.