SOCATA TBM 940 Price and Operating Costs

Specifications
The SOCATA TBM 940, manufactured from 2019-Present, 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 323 KTS/372 MPH, and a 1,274 NM/1,466 SM seats-full range. The SOCATA TBM 940 has a 3,000' balanced field length and 3,500' landing distance. The cabin measures 04'01" high, 04'00" wide, and 10'00" long. It has a total baggage capacity of 33.00 ft^3; 09.00 ft^3 being internal and 24.00 ft^3 being external.

Pricing
Depending on numerous factors, the average price for a pre-owned SOCATA TBM 940 is $4,500,000.00. A $2,250,000.00 loan over 120 months including $9375 per month in interest equates to a $112,823.36 per-period payment. Based on 450 annual owner-operated hours and $6.00-per-gallon fuel cost, the SOCATA TBM 940 has total variable costs of $429,750.00, total fixed costs of $181,020.00, and an annual budget of $610,770.00. This breaks down to $1,357.27 per hour.