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Single-Engine Piston

2008 PIPER MALIBU MATRIX

🕒 Listed 3 weeks ago
$650,000
fyiEstimate $618,500–$634,000 ⓘ How this estimate is built

Starts from the median asking price of 7 comparable Piper MALIBU MATRIX listings ($650,000), then adjusts for:

  • Airframe time -530 hr vs comps +1.1%
  • Engine time +893 hr vs comps -7.1%
  • Modern GPS navigator (43% of comps) +2.7%

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

2008
1,503 hrs
—
—
LYCOMING TIO-540-AE2A
1
HARTZELL
KJQF
📍 Verbank, New York

Overview

Make / ModelPiper MALIBU MATRIX
TypeSingle-Engine Piston
Airframe time1,503 hrs
Engine time1,503 SNEW
Avionics / GPSGarmin GNS 430
Avionics / Nav / com radioAVIDYNE IFD440
Avionics / GPS / navGNS430Wwaas
Avionics / AutopilotDFC90
Annual9/23/2026
InspectionAnnual
AirworthyYes
Garmin GPS Autopilot

Description

The 2008 Piper Malibu Matrix (PA-46R-350T) has a maximum cruise speed of 215 knots (True Airspeed / KTAS) and a maximum approved altitude (service ceiling) of 25,000 feet. It’s a high performance, complex, cabin class, single engine aircraft with retractable gear. Upgraded Garmin GNS430Wwaas with two new Avidyne IFD 440's and a new Avidyne DFC90 Autopilot.

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 ›
Garmin GTX 345 (ADS-B In/Out)

No ADS-B is listed — a GTX 345 delivers required ADS-B Out plus In (traffic & weather) in one transponder.

See prices & suppliers ›

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 MALIBU MATRIX lands versus other Piper MALIBU MATRIX listings on fyiAero.

Price

71st pct
$535k$795kThis aircraft · $650k

$650k · 71st percentile of 7 listings

Airframe time

50th pct
6502,757This aircraft · 1,503

1,503 hours total (TTAF) · 50th percentile of 10 listings

Engine time

89th pct
781,550This aircraft · 1,503

1,503 hours since new · 89th percentile of 9 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

Year2008
ManufacturerPIPER
ModelMALIBU MATRIX
ConditionUsed
FlightRulesIFR
Based atJQF

Airframe

Total Time1,503

Engine

Engine 1 Make/ModelLYCOMING TIO-540-AE2A
Engine Horsepower350 HP
Engine 1 Time1,503 SNEW
Engine TBO2000

Props

Prop ManufacturerHARTZELL

Avionics

Primary Flight Display 1 Manufacturer/ModelAVIDYNE ENTEGRA RELEASE 9
Multi-Function Display 1 Manufacturer/ModelAVIDYNE ENTEGRA EX5000
GPS 1 Manufacturer/ModelAVIDYNE IFD440
GPS 2 Manufacturer/ModelAVIDYNE IFD440
Auto PilotYes
Autopilot Manufacturer/ModelAVIDYNE DFC90
WAASYes
Yaw DamperYes
Active TrafficYes
Terrain Warning SystemYes

Inspection Status

Inspection StatusJust came out of the annual 9/23/2026
AirworthyYes

Operating costs & specifications — Piper PA 46R 350T Malibu Matrix

Typical model-level figures for the Piper PA 46R 350T Malibu Matrix (not this specific airframe).

$52,576annual budget · 74 hrs/yr
$205variable cost / hour
$0.95cost per nm
20.0gph fuel burn
$603,604avg pre-owned asking fyiEstimate  $618,500–$634,000

Performance & dimensions

Range1,343 nm
Cruise speed215 kts · 247 mph
Takeoff / landing1087.0 / 1020.0

About this plane

Single engine piston aircraft with retractable landing gear. The PA-46R-350T Malibu Matrix 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 ›