2006 Piper Meridian for sale

2006 Piper Meridian

Single Engine Turboprop

FOR SALE
$999,999
Location Diboll, Texas
Total Time 3,144 hrs
Engine SMOH 3,144 hrs
Seats 6
Serial # 4697235
Reg # N118JV
Cruise 241 kts (446 km/h)
✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Description

This 2006 Piper Meridian presents an outstanding opportunity to acquire a well-equipped, meticulously maintained turboprop that combines proven performance with enduring capability. Backed by complete logbooks and a total time of 3,144.2 hours, the aircraft is powered by a Pratt & Whitney PT6A-42A engine and accompanied by a Hartzell HC-E4N-3Q four-blade propeller, delivering the smooth performance and reliability expected of the Meridian platform. The flight deck is centered around the Avidyne EXP5000 integrated avionics system, complemented by a Garmin GNS 430W GPS with WAAS capability to provide a capable and intuitive operating environment. Certified for IFR operations and Flight Into Known Icing (FIKI), this Meridian is equipped to meet the demands of a wide range of missions while delivering the versatility and confidence owners have come to expect from Piper's flagship single-engine turboprop.

Propeller

Prop OH in February 2026.

Exterior

The aircraft retains its factory-original 2006 Piper paint scheme, finished in Matterhorn White with elegant accents Black and Metallic Gold. This stunning display showcases Piper's timeless design, offering a sophisticated color combination that delivers a refined yet sharp presence. This Meridian's exceptional exterior highlights the impressive level of care its received throughout the years.

Inspection

The aircraft's most recent inspection was completed in February of 2026.

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

Price Comparison

Source Price Action
Casey Aviation
controller.com
$999,999

Estimate Monthly Payment

Piper Meridian loan calculator

AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Piper Meridian

This 2006 Piper Meridian (N118JV) is a 6-seat single engine turboprop with 3,144 hours on the airframe. There are currently 96 Meridian aircraft listed for sale with asking prices ranging from $725,053 to $2,613,432. This aircraft is priced below the market average at $999,999.

The Meridian cruises at 241 kts (446 km/h) with a range of 1,000 nm (1,852 km) — ideal for short hops and local flights. Service ceiling of 30,000 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 $650/hr. Annual fixed costs (hangar, insurance, crew, annual inspection) average $100,000. With 3,144 hours on the airframe, this aircraft has 356 hours remaining to engine TBO .

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

Pre-Purchase Checklist

Safety record: 0 NTSB incidents
Airframe: 3,144 hours — verify engine time vs TBO (3,500 hrs)
Budget $525 for pre-purchase inspection

Piper Meridian — Model Specs

Model specification

Standard specs for this model. Actual aircraft may differ.

Seats
6
Cruise Speed
241 kts (446 km/h)
Max Speed
260 kts (482 km/h)
Range
1,000 nm (1,852 km)
Ceiling
30,000 ft (9,144 m)
Max Weight
5,092 lbs (2,310 kg)
Useful Load
1,362 lbs (618 kg)
Fuel Capacity
170 gal (643 L)
Fuel Burn
35 GPH (132 L/h)
TBO
3,500 hrs

Estimated Cost of Ownership

AeroGurus estimate

PIPER Meridian

Fuel Burn
35.0 GPH
~$228/hr
Variable Cost
$650/hr
fuel + mx + reserves
Annual Fixed
$100,000/yr
hangar + insurance + annual
Engine Overhaul
$300,000
every 3,500 hrs

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

Ownership & Registration

FAA registration data pending for N118JV.

Location & Ownership

FAA records

Aircraft Location

Diboll, Texas

Seller reported 1040 more aircraft in Texas →

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 N118JV against the NTSB accident database.

Price History

2 price events · sources: kaggle-2020, controller.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.