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 1,203 NM/1,384 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 $5.12-per-gallon fuel cost, the SOCATA TBM 700B has total variable costs of $368,136.00, total fixed costs of $160,779.00, and an annual budget of $528,915.00. This breaks down to $1,175.37 per hour.

RANGE:
1,203 NM / 1,384 SM
SPEED:
287 KTS / 331 MPH
PRICE:
$1,000,000.00
MAX PASSENGERS:
5 people
SOCATA TBM 700B
Flying 450 Hours per Year
Flying 450 Hours per Year + 200 Charter Hours
Annual Owner Hours
450
450
Annual Charter Hours
-
200
Fuel Cost
$5.12
$5.12
Total Fixed Cost
$160,779.00
$20,595.00
Total Variable Cost
$368,136.00
$368,136.00
Annual Budget
$528,915.00
$388,731.00
Total Hourly Cost
$1,175.37
$863.85
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