1990 Piper Malibu for sale

1990 Piper Malibu

Single Engine Piston

FOR SALE
$429,000
Location Las Vegas, NV
Total Time 4,176 hrs
Engine SMOH 923 hrs
Seats 6
Serial # SN 4622112
Reg # N345MM
Cruise 198 kts (367 km/h)
✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

IFR

A/P (Autopilot) Single King KFC-150 w/Alt p/s (pre-select) ADF (Automatic Direction Finder) Single King KR-87 Audio Panel Single King KMA-24 DME (Distance Measuring Equipment) Single King KN-62A ELT (Emergency Locator Beacon) Single Artex 110-4 EMS (Engine Monitoring System) Single JPI EDM 700 GPS (Global Positioning System) Single Garmin GNS-430W HSI (Heading Situation Indicator) Single KI 525A Slaved HSI Lightning Sensor Single BF Goodrich WX1000 MFD (Multi-Function Display) Single Garmin MX-20 w/WX

Traffic

Terrain NAV (Navigation Radio) Dual King KN-53 / Garmin GNS-430W Radar Single Bendix RDS 82VP w/Vertical Profiling Radar Altimeter Single Terra TR-140 TIS (Traffic Information System) Single Garmin GTX-345 TIS-B VHF COM Dual King KY-196 / Garmin GNS-430W XM WX (Satellite Weather) Single Garmin GDL-69 XPNDR (Transponder) Single Garmin GTX-345

Description

1990 Piper Malibu Mirage - N345MM - $429,000 Well-maintained and turnkey Piper Malibu Mirage with strong engine time, long-range capability, and FIKI certification. This aircraft has been consistently hangared and operated under Part 91 with complete logbooks professionally digitized and available online. Highlights: • 4,171.6 TT ' 923.1 SMOH (Lycoming TIO-540-AE2A) • MT 4-Blade Propeller (923.1 SMOH) • 140 Gallon Long Range Fuel • FIKI Certified (Flight Into Known Icing) • Garmin GNS-430W ' Garmin GTX-345 ADS-B In/Out • Always Hangared • Based at KVGT - North Las Vegas, NV Performance: Cruise: 213 KTAS (245 MPH) Range: 1,116 NM Fuel Burn: ~25 GPH Service Ceiling: 25,000 ft Avionics: King KFC-150 Autopilot (Altitude Preselect) Garmin GNS-430W WAAS GPS/Nav/Com Garmin GTX-345 Transponder (ADS-B In/Out, TIS-B) Garmin MX-20 MFD (WX/Traffic/Terrain) JPI EDM-700 Engine Monitor Dual Nav/Com, Radar, Radar Altimeter, XM Weather Airframe: Total Time: 4,171.6 hours (as of March 2026) Part 91 Operation Factory Paint Interior Interior: 6-Place Seating Executive Club Configuration with Fold-Out Table Light Brown Leather Interior Exterior: White Upper / Clay Lower Oxford Grey Juniper Striping Inspections: Annual Completed March 2026 (Due March 2027) Pitot-Static/Transponder March 2026 (Due March 2028) Additional Equipment: FIKI, Air Conditioning, Power Pack Spoilers, Shadin Fuel Flow, GAMIjectors, USB Outlets, Co-Pilot Instruments, Pulse Lights Complete Digital Logbooks Available Full maintenance history including annuals, compressions, AD tracking, and detailed work logs available online.

Engine

Engine Lycoming TIO-540-AE2A Serial Number L-9691-61A Total Time Since New 3,500.1 Hours Total Time Since Major Overhaul 923.1 Hours Overhaul Date Completed 5/16/2012 Overhaul Shop Midwest Malibu Center

Interior

6-Place Seating Executive Club Configuration with Fold-Out Table Light Brown Leather Interior

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

Price Comparison 1 active offer

Source Price Action
Listing Source
trade-a-plane.com
$429,000

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AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Piper Malibu

This 1990 Piper Malibu (N345MM) is a 6-seat single engine piston with 4,176 hours on the airframe. There are currently 24 Malibu aircraft listed for sale with asking prices ranging from $221,331 to $824,900. This aircraft is priced below the market average at $429,000.

The Malibu cruises at 198 kts (367 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 Jet-A prices (~$5.50/gal) means approximately $88/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 4,176 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: 4,176 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
198 kts (367 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 N345MM.

Location & Ownership

FAA records

Aircraft Location

Las Vegas, NV

Seller reported 81 more aircraft in NV →

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 N345MM against the NTSB accident database.

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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.