If you are in the market for a new Piper Meridian this could be one of the best single engine aircraft to purchase. Powered by a PT6-42A that produces 500 SHP. This aircraft cruises along at 30,000 feet with a max cruise speed of 260 ktas while burning around 35 gallons per hour. The useful load for the Piper Meridian is 1,701 LBS and has a range of 1,000 nm. The approximate fixed cost is right around 135.00$ an hour to operate while the total cost is 375.00$ per hour (approx: 90,000.00$ annually) based on 250 hours per year. Cost of this aircraft new is right over 2 Million with the Garmin 1000 package. The price of the Meridian depreciates about 250,000.00 a year. I would recommend buying a 2006 or 2007 year Meridian and save almost a million dollars! The 2001 Piper Meridians have stabilized in price (around 800,000.00$) and should remain close to that price point. If you are looking at acquiring a Piper Meridian, I have database to contact owners whose aircraft may be coming on the market soon. Good luck in your search and call Garrett if you have any questions about the purchase of you Piper Meridian.
Number of Pre-Owned Piper Meridians For Sale: about 20
High Asking Price: $2,188,000 (2011 / 0 hrs)
Low Asking Price: $799,000 (2001 / 1,486 hrs)
Average Asking Price: $1,326,167
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