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Single-Engine Piston

2023 PIPER M500

🕒 Listed 3 months ago
Call for price
fyiEstimate $1,019,500–$1,045,500 ⓘ How this estimate is built

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.

2023
300 hrs
—
—
—
1
HARTZELL
LIRN
📍 Annapolis, Maryland

Overview

Make / ModelPiper M500
TypeSingle-Engine Piston
Airframe time300 hrs
Engine time300 SNEW
Avionics / Primary flight displayASA G1000, GARMIN GI 275
Avionics / AutopilotGarmin GFC 700
Avionics / Audio panelGARMIN GMA 350c
Avionics / Weather radarGWX 75
Avionics / Traffic (TCAS / TAS)GTS 825
Avionics / Datalink weatherGDL 69A
AnnualMarch 2026
InspectionAnnual
AirworthyYes
Autopilot RVSM

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

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 M500 lands versus other Piper M500 listings on fyiAero.

Airframe time

40th pct
901,723This aircraft · 300

300 hours total (TTAF) · 40th percentile of 5 listings

Engine time

50th pct
11,723This aircraft · 300

300 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

Year2023
ManufacturerPIPER
ModelM500
ConditionUsed
FlightRulesIFR
Based atLIRN

Airframe

Total Time300
Total Landings280

Engine 1

Engine 1 Time300 SNEW
Engine 1 TBO3600

Props

Prop 1 ManufacturerHARTZELL

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 Interior2023
Number of Seats6

Exterior

Year Painted2023

Inspection Status

Inspection StatusAnnual inspection March 2026
AirworthyYes

Operating costs & specifications — Piper M500

Typical model-level figures for the Piper M500 (not this specific airframe).

$556,072annual budget · 325 hrs/yr
$1,054variable cost / hour
$4.48cost per nm
48.0gph fuel burn
$2,360,111avg pre-owned asking fyiEstimate  $1,019,500–$1,045,500

Annual cost breakdown

Low useHigh use
Hours / year200325
Fuel$69,120$112,320
Fixed$213,652$213,652
Variable$210,720$342,420
Total / hour$2,122$1,711

Performance & dimensions

Range800 nm
Cruise speed225 kts · 259 mph
Seating1 crew + 5 passengers
Cabin H × W × L3' 10" × 4' 2" × 12' 3"
Interior volume201 ft³
Takeoff / landing2700 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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