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2016 PIPER M500
Starts from the median asking price of 4 comparable Piper 500 series listings ($1,749,950), then adjusts for:
- Year +1 vs comparable listings +1.5%
- Airframe time +65 hr vs comps -0.1%
- Engine time +65 hr vs comps -0.5%
- No FIKI (known ice) (75% of comps have one) -1.0%
Shown as a range. An estimate from asking-price comparables and FAA supply data — not an appraisal.
Overview
| Make / Model | Piper M500 |
|---|---|
| Type | Turboprop |
| Airframe time | 1,723 hrs |
| Engine time | 1,723 SNEW |
| Prop blades | 5 |
| Avionics / Transponder | GARMIN GTX 335R |
| Avionics / Primary flight display | ASPEN EFD1000, Garmin GIA63W, ASA G1000 |
| Avionics / Autopilot | Garmin GFC 700 |
| Avionics / Audio panel | GARMIN GMA 350 |
| Avionics / Weather radar | GWX 68 |
| Avionics / Traffic (TCAS / TAS) | GTS825 |
| Avionics / Datalink weather | GDL 69 |
Description
Hot Section Inspection Complied With. Specifications Subject To Verification Upon Inspection. Aircraft Subject To Prior Sale, or Withdrawal From Market.
Avionics
Garmin G1000 Avionics Suite Synthetic Vision Technology (SVT), TWAS Pilot and Co-pilot 10” PFD's 12.4” Multifunction Display Dual GIA-63W NAV/COM/GPS WAAS ENABLED GCU-476 Keypad GMA 350 Audio Panel w 3-D Audio Dual GDC 74A Air Data Computers Integrated Yaw Damper System/GDL 69 XM weather/music, GWX 68 Weather Radar GTX 335R and 345R Transponder (ADS-B out) GTS825, Aspen EFD 1000 Standby Flight Instruments GFC-700 Autopilot w/ AFCS Enhanced GMC-710 AP Controller, 110V
Service Difficulty Reports (SDRs)
Checking FAA service difficulty reports…
Airworthiness Directives (ADs)
Checking airworthiness directives…
How this aircraft compares
Where this Piper M500 lands versus other Piper M500 listings on fyiAero.
Airframe time
99th pct1,723 hours total (TTAF) · 99th percentile of 5 listings
Engine time
99th pct1,723 hours since new · 99th percentile of 6 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
| Year | 2016 |
|---|---|
| Manufacturer | PIPER |
| Model | M500 |
| Condition | Used |
| Based at | FXE |
Airframe
| Total Time | 1,723 |
|---|
Engine 1
| Engine 1 Make/Model | PRATT & WHITNEY PT6A-42A |
|---|---|
| Engine 1 Time | 1,723 SNEW |
| Engine 1 TBO | 3600 |
Props
| Prop 1 Manufacturer | HARTZELL |
|---|---|
| Prop 1 Time | 1722 SNEW |
| Number of Blades | 5 |
Avionics
| Avionics/Radios | Garmin G1000 Avionics Suite Synthetic Vision Technology (SVT), TWAS Pilot and Co-pilot 10” PFD's 12.4” Multifunction Display Dual GIA-63W NAV/COM/GPS WAAS ENABLED GCU-476 Keypad GMA 350 Audio Panel w 3-D Audio Dual GDC 74A Air Data Computers Integrated Yaw Damper System/GDL 69 XM weather/music, GWX 68 Weather Radar GTX 335R and 345R Transponder (ADS-B out) GTS825, Aspen EFD 1000 Standby Flight Instruments GFC-700 Autopilot w/ AFCS Enhanced GMC-710 AP Controller, 110V |
|---|
Inspection Status
| Inspection Status | Delivered with FRESH events 1 & 2. |
|---|
Operating costs & specifications — Piper M500
Typical model-level figures for the Piper M500 (not this specific airframe).
Annual cost breakdown
| Low use | High use | |
|---|---|---|
| Hours / year | 200 | 325 |
| Fuel | $69,120 | $112,320 |
| Fixed | $213,652 | $213,652 |
| Variable | $210,720 | $342,420 |
| Total / hour | $2,122 | $1,711 |
Performance & dimensions
| Range | 800 nm |
|---|---|
| Cruise speed | 225 kts · 259 mph |
| Seating | 1 crew + 5 passengers |
| Cabin H × W × L | 3' 10" × 4' 2" × 12' 3" |
| Interior volume | 201 ft³ |
| Takeoff / landing | 2700 ft / 2900 ft |
About this plane
The Piper M500 has a variable operating cost of $967 per hour. It offers a range of 225 nautical miles and cruises at a normal speed of 235 knots (270 mph), with an average fuel burn of 48 gallons per hour. The cabin of the M500 measures 3'10" high, 4'2" wide, and 12'3" long, delivering 201 cubic feet of interior volume. Designed to accommodate up to 6 occupants, including the pilot, the aircraft features a pressurized, luxurious cabin with executive seating for a refined and comfortable flying experience. Requiring only 2,700 feet for takeoff and 2,900 feet for landing, the M500 excels in short-runway operations while maintaining impressive cruise efficiency, making it a smart choice for operators seeking performance, comfort, and versatility in a single-engine turboprop. Get a Personalized Demo See AviaCost in action with a tailored walkthrough of Piper M500's full ownership model — including trip costs, depreciation, and branded PDF reports.
Range from base
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