Piper Meridian Aircraft 1990s

1990s single-engine turboprops are early Pilatus PC-12 (1994+) and original Socata/Daher TBM 700 (1990+). PT6A reliability is exceptional; airframes are still well-supported. Avionics typically Honeywell or original PC-12 Bendix/King panel; many have undergone Garmin retrofit. Pre-buy: PT6A hot section inspection status, mandate compliance (ADS-B Out, RVSM if international).

7 used Piper Meridian aircraft for sale 1990s · 6-seat · $849K – $1.1M · updated 16 min ago

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About the Piper Meridian

The Piper Meridian (PA-46-500TP), later branded the M500, is the turboprop entry point to the M-class — a pressurised, single-engine PT6A turbine built on the PA-46 airframe for owner-pilots who want jet-style cabin comfort and turbine simplicity. It cruises around 260 knots, and the M500 added Garmin G1000-based avionics with electronic stability protection, making it a popular step-up from a piston Malibu or Mirage.

Piper Meridian helicopter for sale

Piper Meridian Specifications

Model spec

The Piper Meridian is a 6-seat single engine turboprop with a cruise speed of 241 kt (446 km/h), a range of 1,000 nm (1,852 km), and a useful load of 1,362 lbs (618 kg).

Performance
Cruise241 kt (446 km/h)
Max Speed260 kt (482 km/h)
Range1,000 nm (1,852 km)
Service Ceiling30,000 ft (9,144 m)
Engine & Fuel
Fuel Capacity170.0 gal (643 L)
Fuel Burn35.0 GPH (132 L/h)
TBO3,500 hrs
Weights & Seats
Seats6
Max Gross Weight5,092 lbs (2,310 kg)
Useful Load1,362 lbs (618 kg)
Production2000–2015

7 Piper Meridian For Sale

There are currently 7 used Piper Meridian for sale, ranging from $849,500 to $1,100,000, with a median asking price of $875,000.

$849,500
For Sale
Total Time 6,785
Reg# N195JG US
Location Olathe, KS
Listed 29d ago
$875,000
For Sale
Total Time 3,798
Reg# N62CA US
Location Bloomington, IN
Via Bob Burke
Listed 1mo ago
$1,100,000
For Sale
Total Time 3,273
Reg# N40RZ US
Location New Braunfels, TX
4 sources
Listed 2mo ago
Contact for Price
For Sale
Total Time 3,248
Location United Kingdom
Via 88K AG
3 sources
Listed 2mo ago
Contact for Price
For Sale
Total Time 3,248
Location Switzerland
Via 88K AG
Listed 2mo ago
Contact for Price
For Sale
Total Time 4,050
Reg# PS-ZAG
Location Brazil
3 sources
Listed 2mo ago
Contact for Price
For Sale
Total Time 3,248
Location Zug, Zug, Switzerland
Via 88K AG
3 sources
Listed 2mo ago

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: $849K – $1.1M, average $941K (median $875K), across 3 priced of 7 active listings.

Piper Meridian Price Guide
Market Deal RatingAeroGurus rating
Great Deal
25%
5
Good Deal
15%
3
Fair Price
10%
2
Overpriced
50%
10

Based on 20 priced listings.

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
$537K
$659K
$1190K
$992K
$1225K
$1330K
$1185K
$649K
$1095K
$757K
$795K
$880K
$1854K
$900K
$1925K
$1582K
$2375K
$1019K
$2124K
$2174K
$1550K
$2613K
$2738K
$4489K
$4414K
’90
’96
’00
’04
’06
’08
’10
’12
’14
’16
’19
’21
’23
’25

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 centres on its turbine engine(s) — time to overhaul, hot-section history and any engine maintenance program — alongside airframe hours and cycles.

What to check before buying

  • Turbine engine status — hot-section and overhaul time, trend monitoring and whether the engine is on a maintenance program.
  • Airframe hours & cycles — high-utilisation turboprops accumulate cycles quickly; cycles can matter more than hours.
  • Equipment — cargo pod, floats/amphibian gear, de-ice and avionics all affect value.
  • Corrosion & logbooks — continuous records and a corrosion inspection, especially on float or marine-operated aircraft.
  • Pre-buy inspection — commission an independent pre-buy by a type-experienced shop.

Frequently Asked Questions — Piper Meridian

What engine does the Piper Meridian use?
A Pratt & Whitney Canada PT6A turboprop, flat-rated for single-engine, owner-pilot operation. The PT6A's reliability and the ease of turbine operation are central reasons buyers move up from piston Malibus and Mirages into the Meridian/M500.
What is the difference between the Meridian and the M500?
They are the same PA-46-500TP turboprop airframe and PT6A engine. The M500 is the later branding and added Garmin G1000-based avionics with envelope and stability protection. A used Meridian offers the same turbine capability at a lower entry price.
How does the Meridian compare with the M600 and M700?
The Meridian/M500 is the smaller-winged, ~260-knot original turboprop. The M600 introduced a new, higher-capacity wing for more fuel, range and speed plus Garmin G3000, and the M700 Fury is the newest and most powerful. The Meridian is the value choice for buyers who want turbine ownership without the newest-model price.
What should I check when buying a used Meridian?
PT6A engine status — hours since overhaul, hot-section history and whether any engine maintenance program is in place — drives value most. Also verify pressurisation integrity, avionics generation (early Meridian vs G1000 M500), and complete turbine logbooks.

Piper Meridian Inventory by Country

United States187
Germany17
United Kingdom11
Canada10
TX10
Denmark8

Piper Meridian Inventory by State

Florida29
Texas26
Kansas22
California8
Iowa7
Maryland6
Arizona5
South Carolina5
Indiana5
Arkansas4
Idaho4
Missouri4

Piper Meridian by Price

Under $300k3
Under $500k26

Recently Sold Piper Meridian

2012 Matrix$729,000
2014 Matrix$849,000
2017 M350$995,000
2024 M350$1,900,000
2019 M350$1,290,000
2021 M350$1,630,000

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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 16 min ago · Data: FAA Registry, NTSB · About our data