Piper Malibu Aircraft under $300,000

The Piper PA-46 is the pressurised, cabin-class single that bridges high-performance piston flying and owner-flown turboprop travel. The line runs from the piston Malibu (Continental TSIO-520), the Lycoming-powered Mirage and unpressurised Matrix (today's M350), to the turboprop Meridian (M500), the bigger-wing M600 and the latest M700 Fury. Every PA-46 has a stand-up cabin, club seating and a known-ice option, and the line is the natural step up for owners moving past piston Cherokees and Saratogas toward turbine performance.

Piper Malibu aircraft for sale

3 used Piper Malibu aircraft for sale under $300,000 · 6-seat · Used median asking $469,000 · updated yesterday

Piper Malibu Specifications

Model spec

The Piper Malibu is a 6-seat single engine piston with a cruise speed of 195–301 kt (361–557 km/h), a range of 1,000–1,484 nm (1,852–2,748 km), and a useful load of 1,200–2,400 lbs (544–1,089 kg).

Performance
Cruise195–301 kt (361–557 km/h)
Max Speed213–284 kt (394–526 km/h)
Range1,000–1,484 nm (1,852–2,748 km)
Service Ceiling25,000–30,000 ft (7,620–9,144 m)
Engine & Fuel
Horsepower310–700 HP
Fuel Capacity120.0–260.0 gal (454–984 L)
Fuel Burn16.0–57.0 GPH (61–216 L/h)
TBO2,000–3,500 hrs
Weights & Seats
Seats6
Max Gross Weight4,100–6,000 lbs (1,860–2,722 kg)
Useful Load1,200–2,400 lbs (544–1,089 kg)
Production1984–2000

Piper Malibu for Sale

Piper Malibu asking prices range from $299,000 to $659,000, with a median of $469,000 (market reference $525,000).

$257,092
For Sale
Reg# D-EMMF Germany
Location Kilchberg, Zurich, Switzerland
Multiple sources
$299,000
For Sale
Total Time 6,440
Reg# XB-MKC
Location Brownsville, TX
Multiple sources
$300,000
For Sale
Total Time 8,775
Reg# C-GGUU Canada
Location Vancouver, BC, Canada
Multiple sources

Piper Malibu Variants

Variant Years Seats Cruise Range Useful load Price range Best for Listings for sale
Meridian 2000–2026 6 241 kts (446 km/h) 1,000 nm (1,852 km) 1,362 lbs (618 kg) $725K – $2.4M Buy a Meridian/M500 for an affordable, owner-flyable PT6A turboprop with pressurised cabin comfort. Step up to the M600 or M700 Fury for the bigger wing, longer range, higher speed and Garmin G3000; consider a JetProp conversion as a lower-cost route into PA-46 turbine power. 39
Matrix 2008–now 6 195 kts (361 km/h) 1,200 nm (2,222 km) 1,343 lbs (609 kg) $438K – $765K Buy a Matrix if you want PA-46 cabin space and speed without paying for, or maintaining, a pressurisation system. Step up to the pressurised Mirage or M350 if you regularly fly in the high flight levels, or to the Meridian/M500 turboprop for turbine performance. 10
M350 2015–now 6 200 kts (370 km/h) 1,343 nm (2,487 km) 1,220 lbs (553 kg) $575K – $2.1M Buy an M350 for the newest pressurised piston PA-46 with current Garmin glass; choose an earlier Mirage to get most of the same capability for less. Step up to the Meridian/M500 turboprop if you want turbine simplicity and higher cruise speed. 18
M600 2016–now 6 274 kts (507 km/h) 1,484 nm (2,748 km) 2,400 lbs (1,089 kg) $2.8M – $3.2M Buy an M600 for a modern, long-range PT6A single with G3000 glass and, on SLS examples, Garmin emergency Autoland. Step down to the Meridian/M500 for a lower-cost turboprop, or up to the M700 Fury for the newest, most powerful PA-46. 7
M700 2023–now 6 301 kts (557 km/h) 1,437 nm (2,661 km) 1,772 lbs (804 kg) Buy an M700 Fury for the most power, speed and the newest avionics in the PA-46 family. Choose the M600 to save money while keeping the same wing and G3000, or the Meridian/M500 for the most affordable PA-46 turboprop. 1
Malibu JetProp 6 260 kts (482 km/h) 1,000 nm (1,852 km) 1,200 lbs (544 kg) Buy a JetProp if you want PA-46 turboprop performance for less than a factory Meridian/M500, on a well-known PT6A engine. Consider a factory Meridian for original turbine certification and integrated avionics, or stay piston with a Mirage/M350 if turbine operating costs aren't justified. 3
Mirage 6 213 kts (394 km/h) 1,345 nm (2,491 km) 1,230 lbs (558 kg) $257K – $1M Buy a Mirage for pressurised piston travel with the more durable Lycoming engine, at a lower price than the newer M350. Consider the unpressurised Matrix to cut cost and complexity, or step up to the Meridian/M500 turboprop for turbine simplicity and speed. 33

Compare Piper Malibu

See how the Piper Malibu stacks up against similar aircraft in specs, price, and operating costs.

Piper Malibu Price & Cost

How much does a Piper Malibu cost? Used Malibu prices: $299K – $659K, average $469K (median $469K); market reference $525K, across 19 priced of 3 active listings.

Piper Malibu Price Guide

Key price factors: engine time to overhaul, year and airframe hours, avionics, damage history and logbook completeness — see the buying guide below for the full pre-purchase checklist.

Piper Malibu Cost of Ownership estimate
Fuel (16.0 GPH × $6.20, 100 hrs)$9,920/yr
Annual Fixed (hangar, insurance, annual)$22,000/yr
Variable (per hour)$190/hr
Engine Overhaul (every 2,000 hrs)$35,000
Estimates at 100 flight hours/year. Actual costs vary by usage, location and insurance.

Piper Malibu Value by Model Year

Median asking price by year of manufacture. Newer airframes command a premium; value falls with age then plateaus on older models.

$4489K $2416K $343K
$343K
$465K
$544K
$619K
$1233K
$1350K
$1225K
$1330K
$1175K
$649K
$1095K
$757K
$795K
$880K
$1825K
$1010K
$1925K
$985K
$2375K
$1019K
$2800K
$2166K
$1475K
$2613K
$2744K
$4489K
$3255K
’90
’96
’01
’05
’07
’09
’11
’13
’15
’17
’20
’22
’24
’26

Lowest around $343,046 (1990 models) · highest around $4,489,000 (2025). Bars scaled across the range to show the depreciation curve; hover for exact medians.

Buying a Used Piper Malibu

Buying a Piper Malibu comes down to a focused pre-purchase checklist — here is what matters most on this model:

What to check before buying

PT6A engine status (turboprops) — hours, hot section, maintenance program; piston engine condition (TSIO-520 Malibu / TIO-540 Mirage); pressurisation integrity; avionics (G1000/G3000 on M-class); known-ice TKS; Malibu-specific airframe ADs; pre-buy by a PA-46-experienced shop. Which PA-46? Malibu/Mirage/M350 for pressurised piston economy; Matrix if you don't need pressurisation; Meridian/M500 for turbine simplicity; M600/M700 for the newest, longest-legged cabin singles.

Frequently Asked Questions — Piper Malibu

What is the difference between a Piper Malibu, Mirage and M350?
All are pressurised PA-46 piston singles. The original Malibu (PA-46-310P) used a Continental engine; the Mirage (PA-46-350P) switched to a 350 hp Lycoming widely regarded as more durable; and the M350 is the current, further-refined Mirage successor with updated systems and Garmin avionics. Cruise is roughly 210-215 knots across all three.
Which PA-46 models are turboprops?
The Meridian (later branded M500), the M600 and the new M700 Fury all use a Pratt & Whitney Canada PT6A turbine. JetProp DLX conversions also turn piston Malibus and Mirages into PT6A turboprops. Piston PA-46s — Malibu, Mirage, Matrix and M350 — remain reciprocating-engine aircraft.
What are the key things to check on a used PA-46?
For piston models, review engine history (especially the early Continental Malibu), pressurisation system integrity, and known airframe airworthiness directives. For turboprops, the PT6A status and any engine program coverage, hot-section and overhaul timing, plus pressurisation and avionics, drive value most. Corrosion and complete logbooks matter across the whole family.
Is the Piper Mirage more reliable than the original Malibu?
The original Continental-powered Malibu had a troubled early service history, which led Piper to re-engine the aircraft with a 350 hp Lycoming as the Mirage. The Lycoming is generally considered more robust, and many buyers favor the Mirage and later M350 over the earliest Continental Malibus for that reason.

Piper Malibu Inventory by Country

United States198
Germany14
Canada13
Switzerland6
Denmark6
United Kingdom6

Piper Malibu Inventory by State

Texas36
Florida25
Kansas25
Iowa7
California6
North Carolina6
Maryland6
Indiana6
Arizona5
Nevada5
Kentucky4
Missouri4

Piper Malibu by Price

Under $300k2
Under $500k26

Piper Malibu by Decade

1980s2
1990s1

Recently Sold Piper Malibu

2010 Mirage$764,900
2021 M350$1,454,993
2019 M350$1,290,000
2024 M350$1,900,000
2017 M350$995,000
2014 Matrix$849,000

Other Piper Aircraft

Piper Saratoga92
Piper Cherokee25
All Piper →

Piper Malibu Safety Record

No NTSB events on record for the Piper Malibu. Individual aircraft safety records may be available on detail pages.

Source: NTSB Aviation Accident Database

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.
Listings last refreshed yesterday · Data: FAA Registry, NTSB · About our data