1988 Piper Malibu for sale

1988 Piper Malibu

Single Engine Piston

FOR SALE
$429,000
Location Hickory, NC
Total Time 5,750 hrs
Engine SMOH 10 hrs
Seats 6
Serial # 4608105
Reg # N46JK
Cruise 213 kts (394 km/h)
✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

IFR

Garmin GMA340 audio panel Garmin GNS530 gps/com Garmin GNS430W gps/com Garmin GTX330 ES txpdr with ADSB in/out King KX155 nav/com King RDR 130 radar King KFC 150 ap/fd with preselect King KN63 DME Dual PTT Electric trim

Description

Last year of the Continental powered Malibu's..379 built and only 4 for sale tells you how popular these are..Recent paint and interior.. Zero time engine just installed. over 130k value..New accessories including all new exhaust. MT 4 blade composite prop!! Garmin, Aspen equipped with JPI 830 engine monitor..King KFC 150 a/p with preselect!! AC, Known ice, Cruise 200 kts at 20,000 ft at 14 gl/hr. 140 gal fuel total..The ultimate family cruiser..Asking 489,000

Engine

TSIO 520BE engine 10 Hrs SMOH 50 Hrs SPOH New exhaust new accessories 130k engine cost 2000 hr TBO

Interior

EX: Light blue metallic with silver/black accents..Rate:9.5 Int: Light gray leather with red accents and black carpet and gray ultra suede headliner..Rate 8.0

Description and equipment details provided by the seller. AeroGurus does not verify seller-provided information.

Price Comparison

Source Price Action
JM Aircraft
trade-a-plane.com
$429,000
$459,000

Estimate Monthly Payment

Piper Malibu loan calculator

AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Piper Malibu

This 1988 Piper Malibu (N46JK) is a 6-seat single engine piston with 5,750 hours on the airframe. There are currently 23 Malibu aircraft listed for sale with asking prices ranging from $299,000 to $824,900. This aircraft is priced below the market average at $429,000.

The Malibu cruises at 213 kts (394 km/h) with a range of 1,300 nm (2,408 km) — suitable for regional and medium-distance travel. Service ceiling of 25,000 ft allows operation above most weather.

Operating costs: Fuel burn is 16 GPH (61 L/h), which at current 100LL avgas prices (~$6.20/gal) means approximately $99/hr in fuel alone. Total variable cost including maintenance reserves is approximately $190/hr. Annual fixed costs (hangar, insurance, crew, annual inspection) average $22,000. With 5,750 hours on the airframe, this aircraft has exceeded TBO (2,000 hrs) — verify engine status and overhaul reserve.

NTSB records show 0 incidents for this airframe — a clean safety record.

Pre-Purchase Checklist

Safety record: 0 NTSB incidents
Airframe: 5,750 hours — verify engine time vs TBO (2,000 hrs)
Budget $240 for pre-purchase inspection

Piper Malibu — Model Specs

Model specification

Standard specs for this model. Actual aircraft may differ.

Seats
6
Cruise Speed
213 kts (394 km/h)
Max Speed
215 kts (398 km/h)
Range
1,300 nm (2,408 km)
Ceiling
25,000 ft (7,620 m)
Max Weight
4,100 lbs (1,860 kg)
Useful Load
1,200 lbs (544 kg)
Horsepower
310 HP
Fuel Capacity
120 gal (454 L)
Fuel Burn
16 GPH (61 L/h)
TBO
2,000 hrs

Estimated Cost of Ownership

AeroGurus estimate

PIPER Malibu

Fuel Burn
16.0 GPH
~$104/hr
Variable Cost
$190/hr
fuel + mx + reserves
Annual Fixed
$22,000/yr
hangar + insurance + annual
Engine Overhaul
$35,000
every 2,000 hrs

AeroGurus estimates based on industry averages for the PIPER Malibu. Actual costs vary by location, usage, maintenance history, and configuration. Not a financial quote.

Ownership & Registration

FAA registration data pending for N46JK.

Location & Ownership

FAA records

Aircraft Location

Hickory, NC

Seller reported 376 more aircraft in North Carolina →

Title Status

No FAA title records

Available for US-registered aircraft only

Source: FAA Aircraft Registry, FAA Civil Aviation Registry (DocIndex). Title data may be delayed. Always verify with an aviation attorney before purchase.

Safety Record

NTSB safety data coming soon.

We'll check N46JK against the NTSB accident database.

Price History

2 price events · sources: trade-a-plane.com

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Prices and listings re-checked on a rolling cycle — most within a few days · Data: FAA Registry, NTSB · About our data
Disclaimer: All prices, cost estimates, and market values shown are based on asking prices from third-party sources and are provided for informational purposes only. AeroGurus is not an appraiser, broker, or financial advisor. Always obtain a professional appraisal and independent inspection before making a purchase decision. Actual transaction prices may differ from asking prices.