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Turboprop

2006 PIPER MERIDIAN

🕒 Listed 2 months ago
$999,999
fyiEstimate $1,156,500–$1,186,000 ⓘ How this estimate is built

Starts from the median asking price of 32 comparable Piper MERIDIAN listings ($1,300,000), then adjusts for:

  • Year -1 vs comparable listings -2.2%
  • Airframe time +504 hr vs comps -1.0%
  • Engine time +921 hr vs comps -6.4%
  • Modern GPS navigator (50% of comps) +2.3%
  • No Autopilot (84% of comps have one) -1.5%
  • ADS-B (75% of comps) +0.7%
  • Market supply: 20 for sale of 245 FAA-registered -1.8%

Shown as a range. An estimate from asking-price comparables and FAA supply data — not an appraisal.

2006
3,144 hrs
N118JV ✈ Flight Tracking
—
4697235
PRATT & WHITNEY PT6A-42A
1
HARTZELL
KLFK
📍 Diboll, Texas
Tvpx Aircraft Solutions INC Trustee Corporation
Per the FAA aircraft registry (public record)

Overview

Make / ModelPiper MERIDIAN
TypeTurboprop
Airframe time3,144 hrs
Engine time3,144.2 SNEW
Prop blades4
Avionics / flight deckAVIDYNE EXP5000
Avionics / GPSGarmin GNS 430
Avionics / GPS / navGNS 430W
ADS-BYes
AirworthyYes
Garmin GPS FIKI / known ice ADS-B

Description

This 2006 Piper Meridian presents an outstanding opportunity to acquire a well-equipped, meticulously maintained turboprop that combines proven performance with enduring capability. Backed by complete logbooks and a total time of 3,144.2 hours, the aircraft is powered by a Pratt & Whitney PT6A-42A engine and accompanied by a Hartzell HC-E4N-3Q four-blade propeller, delivering the smooth performance and reliability expected of the Meridian platform. The flight deck is centered around the Avidyne EXP5000 integrated avionics system, complemented by a Garmin GNS 430W GPS with WAAS capability to provide a capable and intuitive operating environment. Certified for IFR operations and Flight Into Known Icing (FIKI), this Meridian is equipped to meet the demands of a wide range of missions while delivering the versatility and confidence owners have come to expect from Piper's flagship single-engine turboprop.

Recommended avionics upgrades

Garmin GTN 650Xi

A GNS 430 upgrades naturally to the GTN 650Xi — same footprint, touchscreen GPS/nav/comm with LPV approaches.

See prices & suppliers ›
Digital autopilot (Garmin GFC 600 / S-TEC 3100)

No autopilot is listed — a GFC 600 or S-TEC 3100 digital autopilot is a major capability and value add, subject to STC approval for this model.

Shop options ›

Suggestions are based on the panel described in this listing; verify STC approval for this make/model before any installation.

Service Difficulty Reports (SDRs)

Checking FAA service difficulty reports…

Airworthiness Directives (ADs)

Checking airworthiness directives…

How this aircraft compares

Where this Piper MERIDIAN lands versus other Piper MERIDIAN listings on fyiAero.

Price

19th pct
$789k$1.9MThis aircraft · $1000k

$1000k · 19th percentile of 32 listings

Airframe time

78th pct
9704,719This aircraft · 3,144

3,144 hours total (TTAF) · 78th percentile of 36 listings

Engine time

86th pct
73,455This aircraft · 3,144

3,144 hours since new · 86th percentile of 36 listings

Percentile = share of comparable listings at or below this value. Lower airframe/engine hours are generally fresher; price reflects the asking price only.

General

Year2006
ManufacturerPIPER
ModelMERIDIAN
Serial Number4697235
ConditionUsed
Registration #N118JV
FlightRulesIFR
Based atKLFK

Airframe

Total Time3,144.2
Fuel Capacity Volume170 gal
Complete LogsYes

Engine 1

Engine 1 Make/ModelPRATT & WHITNEY PT6A-42A
Engine 1 Time3,144.2 SNEW
Engine 1 TBO3600
Hot Section Time 11,569

Props

Prop 1 ManufacturerHARTZELL
Prop 1 ModelHC-E4N-3Q
Prop 1 Time8 SOH
Number of Blades4

Avionics

Flight Deck Manufacturer/ModelAVIDYNE EXP5000
GPS 1 Manufacturer/ModelGARMIN GNS430W
Autopilot Manufacturer/ModelS-TEC 1500
ADS-B EquippedYes
FANSYes
WAASYes

Additional Equipment

PressurizedYes
Flight Into Known Icing (FIKI)Yes

Interior

Year Interior2006

Exterior

Year Painted2006

Inspection Status

Inspection StatusThe aircraft's most recent inspection was completed in February of 2026.
AirworthyYes

Operating costs & specifications — Piper MERIDIAN

Typical model-level figures for the Piper MERIDIAN (not this specific airframe).

$94,309annual budget · 62 hrs/yr
$490variable cost / hour
$1.89cost per nm
$1,156,893avg pre-owned asking fyiEstimate  $1,156,500–$1,186,000

Performance & dimensions

Range1,018 nm
Cruise speed260 kts · 299 mph
Takeoff / landing1650.0 / 1020.0

About this plane

Single engine turboprop aircraft with retractable landing gear. The MERIDIAN seats up to 5 passengers plus 1 pilot.

Range from base

Still-air range ring — type an aircraft to change it. Compare aircraft on the Range tool ›

Last flight

Actual flight path from FlightAware for N118JV. More flight tracking ›