Piper Meridian Aircraft (PA-46-500TP)

← Piper Malibu family

The Piper Meridian (PA-46-500TP, later renamed M500) is the entry-level turboprop in the PA-46 line — a pressurised, single-engine PT6A-42A turboprop seating six and cruising around 260 knots. It is one of the easiest-to-fly turboprops, with single-pilot certification, modern avionics (G1000 on later, Garmin G3000 on the M500) and Garmin Autoland on later M500s. For an owner stepping up from a piston Malibu/Mirage, the Meridian is the natural next move into turbine ownership.

Piper Meridian aircraft for sale

99 used Piper Meridian aircraft for sale · 6-seat · Used median asking $1,273,000 · updated 14 hours ago

Piper Meridian Specifications

Model spec

The Piper Meridian is a 6-seat single engine turboprop 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)
Production2000–2026

Piper Meridian for Sale

Browse all listings →

Piper Meridian asking prices range from $725,053 to $2,300,000, with a median of $1,273,000 (market reference $1,200,000).

$725,053
For Sale
Total Time 3,890
Reg# VH-BGK Australia
Location Archerfield, Brisbane, Queensland, Australia
Multiple sources
$753,000
For Sale
Total Time 4,463
Reg# N9120Y US
Location Missoula, MT
$799,000 ↓ -$50K
For Sale
Total Time 6,785
Reg# N195JG US
Location Olathe, KS
Listed 2mo ago
$837,709
For Sale
Total Time 4,720
Reg# N14EF US
Location Bagby, England, United Kingdom
Multiple sources
$875,000
For Sale
Total Time 3,798
Reg# N62CA US
Location Bloomington, IN
Via Bob Burke
$895,000
For Sale
Total Time 3,213
Reg# N287MA US
Location Lansing, MI
Multiple sources
$925,000
On Request
Total Time 5,948
Reg# N85RT US
Location Diboll, TX
Multiple sources
Listed 2mo ago
$1,039,717
For Sale
Total Time 2,595
Reg# N250SA US
Location Berlin, Germany
Multiple sources
$1,049,000
For Sale
Total Time 2,761
Reg# N684KM US
Location Minneapolis, MN
Multiple sources
$1,075,000
For Sale
Total Time 2,051
Reg# ZK-THG New Zealand
Location Masterton, New Zealand
Multiple sources

Piper Meridian Variants

Variant Years Seats Cruise Range Useful load Price range Best for Listings for sale
Malibu 1984–2000 6 213 kts (394 km/h) 1,300 nm (2,408 km) 1,200 lbs (544 kg) $299K – $659K Choose the Malibu, Mirage or M350 for pressurised piston economy; the Matrix if you don't need pressurisation; the Meridian/M500 for turbine simplicity; and the M600 or M700 Fury for the newest, fastest, longest-range cabin singles with Garmin G3000. See the live range and median above. 18
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 Meridian

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

Piper Meridian Price & Cost

How much does a Piper Meridian cost? Used Meridian prices: $725K – $2.3M, average $1.3M (median $1.3M); market reference $1.2M, across 38 priced of 99 active listings.

Piper Meridian 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 Meridian Cost of Ownership estimate
Fuel (35.0 GPH × $6.20, 100 hrs)$21,700/yr
Annual Fixed (hangar, insurance, annual)$100,000/yr
Variable (per hour)$650/hr
Engine Overhaul (every 3,500 hrs)$300,000
Estimates at 100 flight hours/year. Actual costs vary by usage, location and insurance.

Piper Meridian 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
$2733K
$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 Meridian

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

What to check before buying

  • PT6A-42A engine — hours since hot section and overhaul; engine maintenance program enrollment (a transferable program is a major value driver).
  • Pressurisation integrity — pressurisation is fundamental to PA-46 ownership; verify systems.
  • Avionics & mandates — G1000/G3000 software level, ADS-B Out, FANS where applicable.
  • Known-ice / TKS — confirm fluid system condition and certification.
  • Airframe cycles — relevant on pressurised aircraft.
  • Pre-buy — at a PT6A and PA-46 experienced service centre.

Which Meridian/M500? A late M500 with Garmin Autoland is the modern flagship; earlier Meridians are the most affordable entry into PA-46 turboprop ownership.

Frequently Asked Questions — Piper Meridian

Cost?
$1,273,000 across 99.
Meridian vs M500?
M500 is the rebranded/updated Meridian (newer cabin, Autoland on later).
Meridian vs M600?
M600 has a bigger wing, more range (~1,650 nm vs ~1,000 nm) and faster cruise.
Single-pilot?
Yes, single-pilot certified.

Piper Meridian Inventory by Country

United States79
Germany4
Denmark3
New Zealand2
Switzerland2
United Kingdom2

Piper Meridian Inventory by State

Texas35
Kansas26
Florida25
California7
Iowa7
North Carolina6
Maryland6
Arizona6
Indiana6
Nevada5
Kentucky4
Missouri4

Piper Meridian by Price

Under $300k2
Under $500k26

Piper Meridian by Decade

1980s5
1990s4
2000s52
2010s26
2020s11

Recently Sold Piper Meridian

2012 Meridian$1,379,000
2004 Meridian$1,659,645
2020 Meridian$2,520,000
2004 Meridian$1,610,000
1996 Meridian$835,000
2007 Meridian$1,346,527

Piper Meridian Safety Record

No NTSB events on record for the Piper Meridian. 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 14 hours ago · Data: FAA Registry, NTSB · About our data