Piper M350 vs Piper Malibu

The Piper M350 and the original Piper Malibu share a type certificate, a pressurized cabin, and the same fundamental proposition: a six-seat, pressurized, single-engine piston aircraft for the owner-pilot who wants to fly above the weather without stepping into a turboprop. The original Malibu (PA-46-310P, 1983–1988) proved the concept possible — a Continental TSIO-520-BE at 310 hp, cabin pressurization, and high-altitude capability that no single-engine piston had delivered before. The M350 (PA-46-350P, 2015-present marketing name; the same aircraft was the Malibu Mirage from 1989) is the mature iteration — 350 hp Continental TSIO-550, improved systems throughout, Garmin G1000 NXi avionics, and four decades of production experience folded into a refined platform. The cross-shop is vintage versus current within the same airframe family.

Live Market Snapshot

Current asking-price market, aggregated across multiple marketplaces · refreshed daily

Piper M350
For sale now
36
Median asking
$1,347,500
Range
$914,900–$2,096,839
Model years available
2008–2026
Piper Malibu
For sale now
281
Median asking
$950,000
Range
$417,000–$3,032,000
Model years available
1984–2026

Live data from AeroGurus, aggregated daily across the used-aircraft market. Figures are current asking prices, not appraisals — confirm with a pre-buy inspection.

Full Specs Comparison

Swipe to see all specs
Spec / Model Piper M350 Piper Malibu
Piper M350
View 38 listings →
Median $1,347,500
Piper Malibu
View 23 listings →
Median $950,000
Price Range $914,900 – $2,096,839 $417,000 – $3,032,000
Category Single Engine Piston Single Engine Piston
Model Specifications
Seats 6 6
Horsepower 350 HP 310 HP
Cruise Speed 200 kts (370 km/h) 213 kts (394 km/h)
Range 1,343 nm (2,487 km) 1,300 nm (2,408 km)
Service Ceiling 25,000 ft (7,620 m) 25,000 ft (7,620 m)
Max Gross Weight 4,340 lbs (1,969 kg) 4,100 lbs (1,860 kg)
Useful Load 1,220 lbs (553 kg) 1,200 lbs (544 kg)
Fuel Capacity 120.0 gal (454 L) 120.0 gal (454 L)
Fuel Burn 18.0 GPH (68 L/h) 16.0 GPH (61 L/h)
TBO 2,000 hrs 2,000 hrs
Overhaul Cost $35,000 $35,000
Annual Fixed $22,000 $22,000
Hourly Variable $200 $190
Engines 1 x Piston (Turbocharged) 1 x Piston (Turbocharged)

Cost of Ownership

Estimate

Piper M350

Fuel$99/hr
Variable$200/hr
Annual Fixed$22,000/yr
Total (200 hrs/yr) $62,000/yr

Piper Malibu

Fuel$88/hr
Variable$190/hr
Annual Fixed$22,000/yr
Total (200 hrs/yr) $60,000/yr

Which Should You Buy: Piper M350 or Piper Malibu?

Bottom line: Choose the original Piper Malibu for the lowest entry point into PA-46 ownership — early Malibus trade at a significant discount to Mirages and M350s and share the same type rating, the same cabin, and the same pressurized altitude mission for operators willing to accept an older, more maintenance-intensive aircraft. Choose the Piper M350 (or Mirage) for a refined, better-supported platform with the resolved design history of a mature aircraft — the M350's TSIO-550, FIKI ice protection, and Garmin glass make it substantially more capable and more straightforward to operate than the original. Safety axis: the original Malibu's early production history includes a cluster of fatal accidents in the late 1980s tied to airframe and systems issues under certain conditions; Piper issued airworthiness directives addressing root causes, and the subsequent Mirage design incorporated structural and systems improvements. Buyers of original Malibus must verify full AD compliance — and should commission a thorough inspection regardless of logbook entries. The M350 does not carry this historical concern; it represents the PA-46 after those lessons were absorbed.

Pick the M350 if…

  • Longer range — 1343 nm vs 1300 nm.
  • Newer design — production from 2015 vs 1984.
  • More inventory — 38 listings vs 23.

Pick the Malibu if…

  • Budget matters — from $417,000 vs $914,900, you save ~$497,900.
  • Lower operating cost — ~$190/hr vs $200/hr.
  • Faster cruise — 213 kts vs 200 kts.

Auto-generated from current market data and published specs. Confirm with a pre-buy inspection and professional appraisal.

Frequently Asked Questions

What is the difference between the Malibu, Mirage, and M350?
All three are PA-46 variants sharing the same type certificate and type rating. The original Malibu (PA-46-310P, 1983–1988) used a 310 hp Continental TSIO-520-BE. The Malibu Mirage (PA-46-350P, 1989–2014) upgraded to the 350 hp Continental TSIO-550 and addressed early design concerns. The M350 is the Malibu Mirage renamed in 2015 as part of a Piper brand relaunch — mechanically the same aircraft as the late Mirage. A pilot holding a PA-46 type rating can fly all three variants.
How high can the Piper M350 cruise?
The M350 is certified to approximately 25,000 feet and typically operates between FL200 and FL250 where the turbocharged Continental finds its efficiency. The pressurization system maintains a comfortable cabin altitude at those levels. This altitude typically places the M350 above most convective weather and the worst icing layers — the practical mission case for a pressurized piston single.
Is a type rating required to fly the Piper M350?
Yes. The PA-46 family requires a PA-46 type rating added to a pilot certificate — it is not covered by a high-performance or complex endorsement. The type rating requires formal ground training and a practical test with an FAA examiner covering PA-46 systems, pressurization, and high-altitude operations. Piper's approved training centers and FlightSafety offer dedicated PA-46 programs; most successful transitions involve training beyond the legal minimum.
Which is better, Piper M350 or Piper Malibu?
It depends on your mission and budget. The M350 cruises at 200 kts with 1,343 nm range. The Malibu cruises at 213 kts with 1,300 nm range. Review the specs table above to find which fits your flying profile.
How do prices compare?
Piper M350: from $990,000. Piper Malibu: from $419,000. Prices vary by year, hours, avionics, and condition. Always get a pre-buy inspection.
What's the difference between Piper M350 and Piper Malibu?
Cruise: 200 vs 213 kts. Range: 1343 vs 1300 nm.
Which is cheaper to operate per hour?
M350: about $200/hr variable cost. Malibu: about $190/hr variable cost. Variable cost includes fuel, reserves and overhaul accruals. Annual fixed costs (hangar, insurance, annual inspection) add to the total.
Which has more seats and useful load?
M350: 6 seats / 1,220 lb useful load. Malibu: 6 seats / 1,200 lb useful load. Useful load = max gross weight minus empty weight; it determines how much fuel plus payload you can carry.
How does maintenance compare — TBO and overhaul cost?
M350: 2,000-hour TBO, overhaul ~$35,000. Malibu: 2,000-hour TBO, overhaul ~$35,000. Reaching the time-between-overhaul (TBO) triggers a mandatory engine/airframe rebuild that affects resale value.
Disclaimer: All prices and cost estimates are from third-party sources for informational purposes only. Always obtain professional appraisal and inspection before purchase.
Prices updated daily · Data: FAA Registry, NTSB · About our data