Piper Meridian Aircraft under $500,000
· 6-seat · updated recently
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 Specifications
Model specThe 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).
Piper Meridian Listings
No Piper Meridian currently listed for sale.
This page updates automatically the moment one is listed — check back soon, or browse the Piper range.
Compare Piper Meridian
See how the Piper Meridian stacks up against similar aircraft in specs, price, and operating costs.
Piper Meridian Price & Cost
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 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.
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?
What is the difference between the Meridian and the M500?
How does the Meridian compare with the M600 and M700?
What should I check when buying a used Meridian?
Piper Meridian Inventory by Country
| United States | 187 |
| Germany | 17 |
| United Kingdom | 11 |
| Canada | 10 |
| TX | 10 |
| Denmark | 8 |
Piper Meridian Inventory by State
| Florida | 29 |
| Texas | 26 |
| Kansas | 22 |
| California | 8 |
| Iowa | 7 |
| Maryland | 6 |
| Arizona | 5 |
| South Carolina | 5 |
| Indiana | 5 |
| Arkansas | 4 |
| Idaho | 4 |
| Missouri | 4 |
Piper Meridian by Price
| Under $300k | 3 |
| Under $500k | 26 |
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 |
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