1989 MD Helicopters 500E for sale

1989 MD Helicopters 500E

Single Turbine Helicopter

FOR SALE
$995,000
Location NY
Total Time 11,948 hrs
Seats 5
Serial # 0320E
Reg # N64RS
Engine Rolls-Royce 250-C20B
Cruise 135 kts (250 km/h)
✓ FAA Valid ✓ Clean NTSB ⚠ High time

Aircraft Details

Seller reported

Avionics & Equipment

PS Engineering 6000 Audio Panel/ICS Garmin GNC 430 GPS/Nav/Com King KY 196A Com King KX 165 Nav/Com Garmin GTX 335 Transponder Radar Altimeter Attitude Gyro Davtronics M877 Clock Shadin Digital Fuel Flow Artex 406 ELT Additional Equipment Dual Controls High Skid Gear with Front and Back Steps Door Closers on All Doors Blown Sliding Glass Doors Lead Acid Battery Particle Separator Night Lights with Dual Strobes Two Blade Tail Rotor 62.1 Gallon Fuel Tanks Interior Grey Leather Seating Grey Carpet and Side Panels Pilot Copilot and Rear Bench Seating Exterior Yellow and White with Red and Black Accent Stripes Maintenance 3,500 Hour TBO Compressor 277 hours remaining to overhaul Turbine 531 hours remaining to overhaul

Description

Airframe

11,948 hours TTSN

Engines

Rolls-Royce Allison 250-C20B, 10,156 hours TTSN, 3,500 hour TBO, Compressor 277 hours remaining to overhaul, Turbine 531 hours remaining to overhaul

Avionics

PS Engineering 6000 Audio Panel/ICS, Garmin GNC 430 GPS/Nav/Com, King KY 196A Com, King KX 165 Nav/Com, Garmin GTX 335 Transponder, Radar Altimeter, Attitude Gyro, Davtronics M877 Clock, Shadin Digital Fuel Flow, Artex 406 ELT

Additional Equipment

Dual Controls, High Skid Gear with Front and Back Steps, Door Closers on All Doors, Blown Sliding Glass Doors, Lead Acid Battery, Particle Separator, Night Lights with Dual Strobes, Two Blade Tail Rotor, 62.1 Gallon Fuel Tanks

Interior

Grey Leather Seating, Grey Carpet and Side Panels, Pilot, Copilot and Rear Bench Seating

Exterior

Yellow and White with Red and Black Accent Stripes

Maintenance

3,500 Hour TBO, Compressor 277 hours remaining to overhaul, Turbine 531 hours remaining to overhaul

Engine

Rolls-Royce Allison 250-C20B, 10,156 hours TTSN, 3,500 hour TBO, Compressor 277 hours remaining to overhaul, Turbine 531 hours remaining to overhaul Avionics PS Engineering 6000 Audio Panel/ICS, Garmin GNC 430 GPS/Nav/Com, King KY 196A Com, King KX 165 Nav/Com, Garmin GTX 335 Transponder, Radar Altimeter, Attitude Gyro, Davtronics M877 Clock, Shadin Digital Fuel Flow, Artex 406 ELT Additional Equipment Dual Controls, High Skid Gear with Front and Back Steps, Door Closers on All Doors, Blown Sliding Glass Doors, Lead Acid Battery, Particle Separator, Night Lights with Dual Strobes, Two Blade Tail Rotor, 62.1 Gallon Fuel Tanks Interior Grey Leather Seating, Grey Carpet and Side Panels, Pilot, Copilot and Rear Bench Seating Exterior Yellow and White with Red and Black Accent Stripes Maintenance 3,500 Hour TBO, Compressor 277 hours remaining to overhaul, Turbine 531 hours remaining to overhaul

Interior

Grey Leather Seating, Grey Carpet and Side Panels, Pilot, Copilot and Rear Bench Seating Exterior Yellow and White with Red and Black Accent Stripes Maintenance 3,500 Hour TBO, Compressor 277 hours remaining to overhaul, Turbine 531 hours remaining to overhaul

Exterior

Yellow and White with Red and Black Accent Stripes Maintenance 3,500 Hour TBO, Compressor 277 hours remaining to overhaul, Turbine 531 hours remaining to overhaul

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

Price Comparison Listed on multiple marketplaces

Source Price Action
Listing Source
aso.com
$995,000

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Md Helicopters 500E loan calculator

AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Md Helicopters 500E

This 1989 Md Helicopters 500E (N64RS) is a 5-seat single turbine helicopter with 11,948 hours on the airframe. There are currently 9 500E aircraft listed for sale with asking prices ranging from $795,000 to $2,500,000. This aircraft is priced below the market average at $995,000.

The 500E cruises at 135 kts (250 km/h) with a range of 232 nm (430 km) — ideal for short hops and local flights. Service ceiling of 16,000 ft allows operation above most weather.

Operating costs: Fuel burn is 35 GPH (132 L/h), which at current Jet-A prices (~$5.50/gal) means approximately $192/hr in fuel alone. Total variable cost including maintenance reserves is approximately $450/hr. Annual fixed costs (hangar, insurance, crew, annual inspection) average $80,000. With 11,948 hours on the airframe, this aircraft has exceeded TBO (3,500 hrs) — verify engine status and overhaul reserve.

FAA registration status: Valid. NTSB records show 0 incidents for this airframe — a clean safety record.

Pre-Purchase Checklist

FAA registration: Valid (RAINBOW AIR INC)
Safety record: 0 NTSB incidents
Airframe: 11,948 hours — verify engine time vs TBO (3,500 hrs)
Compare prices across multiple sources — same aircraft, different marketplaces
Budget $525 for pre-purchase inspection

MD Helicopters 500E — Model Specs

Model specification

Standard specs for this model. Actual aircraft may differ.

Seats
5
Cruise Speed
135 kts (250 km/h)
Range
232 nm (430 km)
Ceiling
16,000 ft (4,877 m)
Max Weight
3,000 lbs (1,361 kg)
Useful Load
1,550 lbs (703 kg)
Horsepower
420 HP
Fuel Burn
35 GPH (132 L/h)
TBO
3,500 hrs

Estimated Cost of Ownership

AeroGurus estimate

MD HELICOPTERS 500

Fuel Burn
35.0 GPH
~$228/hr
Variable Cost
$450/hr
fuel + mx + reserves
Annual Fixed
$80,000/yr
hangar + insurance + annual
Engine Overhaul
$250,000
every 3,500 hrs

AeroGurus estimates based on industry averages for the MD HELICOPTERS 500. Actual costs vary by location, usage, maintenance history, and configuration. Not a financial quote.

Ownership & Registration

Registered Owner

RAINBOW AIR INC

Registration Address

NIAGARA FALLS, NY

Certificate Issued

2002-06-25

Airworthiness

2001-12-11

FAA Status

Valid

Source: FAA Aircraft Registry, updated Mar 15, 2026

Location & Ownership

FAA records

Aircraft Location

NY

Seller reported 140 more aircraft in New York →

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

No incidents found

NTSB database checked for N64RS.

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Prices and listings updated daily · 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.