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2023 PIPER M500
Starts from the median asking price of 45 comparable Piper Single-Engine Piston listings ($930,000), then adjusts for:
- Year +2 vs comparable listings +3.0%
- Airframe time -895 hr vs comps +1.8%
- Engine time -880 hr vs comps +7.0%
- Autopilot (67% of comps) +0.6%
- No ADS-B (64% of comps have one) -1.7%
Shown as a range. An estimate from asking-price comparables and FAA supply data — not an appraisal.
Overview
| Make / Model | Piper M500 |
|---|---|
| Type | Single-Engine Piston |
| Airframe time | 300 hrs |
| Engine time | 300 SNEW |
| Avionics / Primary flight display | ASA G1000, GARMIN GI 275 |
| Avionics / Autopilot | Garmin GFC 700 |
| Avionics / Audio panel | GARMIN GMA 350c |
| Avionics / Weather radar | GWX 75 |
| Avionics / Traffic (TCAS / TAS) | GTS 825 |
| Avionics / Datalink weather | GDL 69A |
| Annual | March 2026 |
| Inspection | Annual |
| Airworthy | Yes |
Description
190 Hours 250 Landings · Airframe and Avionics Warranty Through 11/01/26 · Propeller Warranty Through 11/01/28 · Engine Warranty Through 11/01/30
Modifications
· 110 Volt AC Power Outlet · Hartzell 5-blade Composite Prop · FlightStream 510 · Surface Watch · Jeppesen Chart · View Synthetic Vision · GTS 825 Traffic Advisory System · GDL 69A SXM Satellite Weather · GWX 8000 Radar with StormOptics · RVSM
Avionics
· Garmin G1000NXi Avionics Suite · GFC 700 Autopilot with GMC 710 AP Controller · Enhanced AFCS Enablement (includes ESP) · Yaw Damper System · Dual GDC 72 Air Data Computers · Dual GRS 79 AHRS Computers · Dual GIA 64W Nav/Com/GPS · GCU 476 Keypad · Garmin GI-275 Standby · GMA-350C Digital Audio Panel · GTX 345R Transponder · GWX 75 Weather Radar · FIKI · Garmin SafeTaxi · PiperAire Air Conditioning
Recommended avionics upgrades
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 M500 lands versus other Piper M500 listings on fyiAero.
Airframe time
40th pct300 hours total (TTAF) · 40th percentile of 5 listings
Engine time
50th pct300 hours since new · 50th 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 | 2023 |
|---|---|
| Manufacturer | PIPER |
| Model | M500 |
| Condition | Used |
| FlightRules | IFR |
| Based at | LIRN |
Airframe
| Total Time | 300 |
|---|---|
| Total Landings | 280 |
Engine 1
| Engine 1 Time | 300 SNEW |
|---|---|
| Engine 1 TBO | 3600 |
Props
| Prop 1 Manufacturer | HARTZELL |
|---|
Avionics
| Avionics/Radios | · Garmin G1000NXi Avionics Suite · GFC 700 Autopilot with GMC 710 AP Controller · Enhanced AFCS Enablement (includes ESP) · Yaw Damper System · Dual GDC 72 Air Data Computers · Dual GRS 79 AHRS Computers · Dual GIA 64W Nav/Com/GPS · GCU 476 Keypad · Garmin GI-275 Standby · GMA-350C Digital Audio Panel · GTX 345R Transponder · GWX 75 Weather Radar · FIKI · Garmin SafeTaxi · PiperAire Air Conditioning |
|---|
Additional Equipment
| Additional Equipment | · 110 Volt AC Power Outlet · Hartzell 5-blade Composite Prop · FlightStream 510 · Surface Watch · Jeppesen Chart · View Synthetic Vision · GTS 825 Traffic Advisory System · GDL 69A SXM Satellite Weather · GWX 8000 Radar with StormOptics · RVSM |
|---|
Interior
| Year Interior | 2023 |
|---|---|
| Number of Seats | 6 |
Exterior
| Year Painted | 2023 |
|---|
Inspection Status
| Inspection Status | Annual inspection March 2026 |
|---|---|
| Airworthy | Yes |
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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