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Piper · 1989+

Piper PA-46-350P Malibu Mirage

Fast CruiserCross CountryComplexHigh PerformanceIFR Platform

Specifications

Performance

Cruise

213KTAS

Range

Not verified

Climb

1275fpm

Ceiling

25,000ft

Fuel Burn

Not verified

Fuel Cap.

120gal

MPG

—mpg

Stall (Vs0)

58KIAS

T/O roll

1087ft

Ldg roll

1020ft

Size & weight

Seats

6

Useful Load

1,218lbs

Full-fuel payload

498lbs

Max gross

4,340lbs

Wingspan

43ft

Length

28.9ft

Engine

Engine

Lycoming TIO-540-AE2A

Power

350hp

TBO

2,000hrs

Overhaul

$58k

Owning it

Hull insurance

$12k/yr

Parts

good

Mechanics

specialized

Gear

Retractable

IFR

Yes

Category

certified

Full specification

V-speeds

Vne198 KIAS
Vno168 KIAS
Va133 KIAS
Vs169 KIAS

Airframe

Empty weight
3,122 lbs
Max fuel weight
720 lbs
Height
11.3 ft
Wing position
low

Obstacle performance

Takeoff over 50 ft
2,090 ft
Landing over 50 ft
1,968 ft

Paperwork

Type certificate
A25SO
Certification basis
Part 23

These figures are typical for the model, not a specification for any individual aircraft. Real-world numbers vary with year, installed equipment, weight, modifications and engine condition — often by more than you would expect. Use them to compare types, and confirm anything you would act on against the Pilot's Operating Handbook for that specific airframe and a prebuy inspection.

Pricing

Typical

$475k

Range

$280k – $900k

Annual all-in

~$33k/yr

All-in at ~100 flying hours a year, using the midpoint of each range — the same figures broken out under “Cost to own” below. Your number will differ, and mostly for two reasons. Experience sets your insurance: a 2,000-hour pilot with recent training pays 30–40% less than a 200-hour owner, and student owners pay 20–40% more — on the same aircraft that is often a doubling. Location sets your hangar: a T-hangar runs $200–400 a month in the Midwest against $400–1,500 in a coastal metro, and an outside tie-down is less again. Engine reserves move too — a local shop reusing your serviceable cylinders can come in 30–50% under the national specialty-shop pricing we quote, though you trade the warranty and turnaround that comes with it. Reserves are money set aside toward a future overhaul, not a bill this year, and the annual inspection figure is the shop’s labor to look — whatever they find is separate.

Cost to own — fixed costs only

No handbook figures for this airplane give a fuel burn, so the fuel, per-hour and per-mile estimates cannot be computed. What follows is what ownership costs before you fly it — these do not change with hours.

Insurance
$7,950–$15,800
Hangar
$7,456–$18,641
Annual inspection (labor only)
$2,500
Fixed costs per year$18,606–$37,641

Fuel, maintenance and the engine reserve are on top of this and rise with every hour flown — on a comparable airplane they typically exceed the fixed costs at around 100 hours a year. The page above says which document would supply the missing figures.

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Strengths

  • Only pressurized piston single in continuous production; genuine 1,000+ nm cross-country range
  • Lycoming TIO-540-AE2A engine well-supported; no equivalent defect history vs. Continental 310P predecessor
  • Six-seat cabin, FL250 capability, 213 KTAS cruise; purpose-built for business travel and IFR

Weaknesses

  • Turbocharged, pressurized systems require PA-46-specialized mechanics—not a general-practice shop airplane
  • Single-engine reliability inherently lower than twin or turbine; cruise speed and range are different flights, not one combined spec
  • High acquisition and operating costs; 1,218 lb useful load leaves only ~500 lb for people + baggage at full fuel

Overview

The Piper PA-46-350P Malibu Mirage — sold since 2015 as the M350, and the airplane most people mean when they say "Piper Malibu" today — is the mainstream, still-in-production member of the PA-46 piston family. Piper replaced the original 310P Malibu's Continental TSIO-520-BE with a Lycoming TIO-540-AE2A in 1988, following the accidents documented on the 310P's own page, and the Mirage has been in continuous production ever since — by far the highest-volume PA-46 piston variant, against roughly 400 original 310Ps built across four years.

This page KEEPS the piper-pa46-malibu address that a formerly-conflated page used to describe all three PA-46 piston variants at once. That conflated page's frontmatter already described a 350-hp Lycoming airplane at a 4,340 lb gross weight — this is, and always was, the Mirage, not the original Continental Malibu its common_name field once claimed and not the unpressurized Matrix its own Variants table also listed. Rather than move this session's best-sourced, highest-traffic page to a new address, the fix keeps its id, corrects common_name, model, variant and family to agree with what the frontmatter has always actually described, and gives the 310P and the Matrix their own new, separately-sourced pages: see piper-pa46-malibu-310p and piper-pa46-matrix. No inbound link needs repointing and no SPLIT_REDIRECTS entry is added, because this id was never retired.

The core value proposition has not changed across four decades: a pressurized sea-level cabin at flight levels up to 25,000 ft, six seats, and genuine cross-country range in the 1,000+ nm class on one piston engine, at dramatically lower operating cost than stepping up to a turboprop. It remains the only piston single in continuous production offering this combination.

Variants & History

VariantYearsEngineHPPressurizedGross WeightCruise (KTAS)Key Differences
PA-46-310P Malibu1984-1988Continental TSIO-520-BE310Yes4,100 lb-- (not sourced, see that page)Original variant; different engine manufacturer. ~400 built.
PA-46-350P Malibu Mirage, early block1988-c.1990sLycoming TIO-540-AE2A350Yes4,300 lb--Pre-S/N 4636196. AOPA's own 1989 figures: 2,790 lb empty, 1,510 lb useful load, steam-gauge panel.
PA-46-350P Malibu Mirage, late block (this page)c.1990s-2015Lycoming TIO-540-AE2A350Yes4,340 lb213S/N 4636196 and up. Piper's own 2007 figures: 3,122 lb standard equipped, Avidyne Entegra panel.
PA-46-350P M3502015-presentLycoming TIO-540-AE2A350Yes4,340 lb-- (not independently re-verified)Current production name for the same TCDS Section II model. Garmin G1000 NXi, GFC 700. Not independently re-sourced this session -- see below.
PA-46R-350T Matrix2008-2015Lycoming TIO-540-AE2A350No4,340 lb212Unpressurized derivative; own page.
JetPROP DLX (STC)1998-presentP&W PT6A-34/35560 SHPYes4,340 lb~265-270Aftermarket turboprop conversion. Different engine class -- not modeled on this page.
Meridian/M500/M6002000-presentP&W PT6A-42A500-600 SHPYes5,092-6,000 lb260-274Factory turboprop, own certificate SECTION and own page. Different engine class.

Why this page's frontmatter describes the LATE (4,340 lb) block, not the early one. TCDS A25SO's own Section II carries two parallel weight blocks — 4,300 lb pre-S/N-4636196 and 4,340 lb from S/N 4636196 on — and the 350P line has run continuously from 1988 to today. The overwhelming majority of the roughly 2,000+ Mirages built carry the later block, satisfying runbook rule 23's majority test. Piper's own archived 2007 factory specification sheet — the best single source this session found, giving weights, dimensions, cruise speed and runway distances all from one internally-consistent document — also describes the 4,340 lb configuration. The AOPA fact sheet's 1989 column (2,790 lb empty / 1,510 lb useful load) describes the EARLY, pre-bump block and is used only for the fields it is the sole source for (stall speeds, climb rate), never mixed into this page's weight figures.

The M350 (2015-present) is the current-production name for the identical TCDS model — no new certificate section, no new type certificate, just an avionics-generation change (Garmin G1000 NXi / GFC 700 in place of the Avidyne Entegra this page's 2007-sourced weights and performance describe). Per the splitting rule's own guidance ("avionics generations... share a page"), the M350 stays on this page as a Variants-table row rather than getting its own — but its own weights, cruise figures and current list price were NOT independently re-verified this session (no current Piper pricing/specs page was reached), so this page's frontmatter should be read as describing the 2007-era, pre-NXi late Mirage specifically, not the brand-new M350.

Performance

213 KTAS is Piper's own "high-speed cruise power" figure, at "mid-cruise weight, optimum altitude" — no percent-power or specific altitude is stated. This is deliberately NOT paired with the 1,345 nm range figure on the same factory sheet, because that range is stated at a DIFFERENT setting, "Long Range Cruise Power" — Piper's own document describes two different flights, and pairing them as one row (as the pre-existing version of this page did, storing cruise_speed_ktas: 213 beside range_nm: 1343) is exactly the mismatched-triple trap runbook rule 3 and the field-sources doc's Cirrus example both warn about. This page stores the 213 kt cruise speed alone and records the 1,345 nm long-range figure here in prose, correctly labelled: at long-range cruise power, full fuel and IFR reserves, Piper's own figure is 1,345 nm. A maximum-speed figure of 220 KTAS ("TAS at mid-cruise weight") is also published and likewise recorded here rather than in frontmatter, for the same reason.

No fuel burn (GPH) is published anywhere reached this session, at any setting — a real gap in this page's cost-to-own numbers, and one that would require an actual POH to close (see the confidence note in this session's final report).

The pressurization system holds a 5.5 psid differential, giving a sea-level cabin to roughly 13,000 ft and an 8,000-ft cabin at the airplane's 25,000-ft certificated ceiling — both TCDS A25SO and Piper's own factory sheet state 25,000 ft is the maximum APPROVED altitude for this model, not merely a typical operating ceiling.

Best-rate climb of 1,275 fpm (AOPA, 1989 figures) is unchanged in this page's sourcing for the later block — no later-model climb figure was found, and the 1989 figure is used because no borrow-across-block issue applies to a climb rate the way it does to weight (climb performance is closer between the two weight blocks than useful load is, though not identically so; flagged as a genuine limitation rather than silently treated as exact).

Payload & Range

Full fuel (120 gal / 720 lb):

  • Useful load: 1,218 lb (this page's reconciled figure — see derived:)
  • Remaining for people and baggage with full fuel: 498 lb — roughly two adults with baggage.
  • Range at long-range-cruise power: 1,345 nm (Piper's own figure, NOT paired with this page's stored 213 kt cruise speed — see Performance Notes for why).

As with every PA-46 piston, "six seats and long range" cannot be achieved simultaneously — filling all six seats requires substantially reduced fuel and a correspondingly shorter leg. This page's lower reconciled useful load compared with the unpressurized Matrix (1,218 lb against 1,403 lb, both derived the same way from each model's own 2007 factory sheet against the same 4,340 lb gross weight) is the direct, certi- ficate-confirmed cost of carrying the pressurization system.

Piper Malibu
For saleListing

1989 Piper Malibu

PA-46 Mirage · Pressurized · Known-Ice · Value Entry

$349,0004,980 hrs TT · Fort Worth, TXView listing →

Mission Suitability

MissionScoreRationale
Flight Training1Not a training aircraft — complex, expensive, high-performance.
Backcountry / Bush Flying1Retractable gear, low wing, heavy weight, high approach speeds: paved-runway airplane only.
Business Travel9Pressurized cabin, 213+ kt cruise, six seats and IFR capability make this the PA-46 piston line's primary mission. Loses a point because single-engine reliability is inherently lower than a twin or turbine.
aerobatics1Not approved for aerobatic flight.
Cross-Country Flying9FL250 capability, 213+ kt cruise and a genuinely long-range airplane at the long-range-cruise setting (1,345 nm, Piper's own figure) make this one of the finest cross-country piston singles built. Scored one point below the prior version's "10" because this session could not source a matched cruise/burn/range triple — the headline speed and the headline range are two different flights, disclosed rather than papered over, and that is itself a reason for slightly more caution in trip planning than a fully-sourced triple would justify.
Cargo Hauling51,218 lb useful load (this page's own reconciled figure) leaves 498 lb for people and baggage with full fuel — moderate hauler at best; see Payload-Range Dynamics.
Local Fun Flying2Massively overqualified and expensive for pattern work; the pressurization and turbocharger systems deserve to be used for their intended purpose.
surveying4Low wing limits downward visibility; far better and cheaper platforms exist for this mission.

Avionics Ecosystem

The Mirage's avionics ecosystem spans the type's full production run:

Early Mirage (1988-c. mid-1990s, pre-bump 4,300 lb block): King Silver Crown stack, later commonly retrofitted with Garmin GNS 430W/530W.

Mid-era Mirage (this page's sourced era, 2007 factory-standard): Avidyne FlightMax Entegra flat-panel PFD/MFD, dual Garmin GNS-430 WAAS navigators, S-TEC 55x autopilot with flight director, GTX-330 Mode S transponder with traffic — per Piper's own 2007 factory equipment list.

Late Mirage / M350 (S/N 4692134-equivalent block and later per TCDS, and current production): Garmin G1000/G1000 NXi integrated glass cockpit with GFC 700 three-axis autopilot, standard on the current M350 — not independently re-verified this session, carried forward from the pre-existing page.

STCs & Modifications

JetPROP DLX / DL Turboprop Conversion

Rocket Engineering's PT6A-34/35 (DLX, 1998-present) or PT6A-21 (DL, 2003-present) conversion, originally developed for the 310P airframe (see that page) and equally applicable to the Mirage. Not independently re-verified this session; carried forward from the pre-existing page: boosts cruise toward 265-270 KTAS, reduces takeoff-over-50-ft distance to roughly 1,000 ft, and burns roughly 33 GPH of Jet-A. Conversion cost historically quoted around $400,000 plus the donor airframe.

Malibu Aerospace Products and Speed Modifications

Speed fairings, gap seals, cooling and pressurization-system enhancements are available from Malibu Aerospace and others; not independently re-verified this session.

Piper Malibu
For saleListing

1997 Piper Malibu

Malibu Mirage · Fresh Engine · Air Conditioning · No Damage

$429,0003,820 hrs TT · Addison, TXView listing →

Maintenance & Support

Parts Availability: Good

Piper factory parts support from Vero Beach remains active for the entire PA-46 piston line, and this is by far the highest-volume variant. Lycoming supports the TIO-540-AE2A fully. PMOPA facilitates parts exchange and technical knowledge sharing among owners.

Mechanic Familiarity: Specialized

Not a general-practice A&P's airplane — turbocharged, pressurized systems need type-specific expertise. Several named PA-46 specialty shops appear in enthusiast literature; not independently re-verified this session.

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Valuation Factors

Piper's own 2007 list price for a standard-equipped Mirage was $1,141,500 (F.A.F. Vero Beach) — recorded as price_new_usd, explicitly labelled as a 2007 figure and NOT re-verified as today's price; current (2026) M350 list price is understood to be materially higher, but no current Piper pricing/specs page was reached this session.

No Vref/Aircraft Bluebook access was available this session (see raw/market/market-piper-pa46-piston-pricing-2026-09-08.md); the used-market band above ($280,000-$900,000, typical $475,000) is a dated, single-sourced fallback estimate spanning the type's full 1989-2015-and-ongoing production run — a much wider band than a narrower-production model would carry, simply because "Mirage" covers three decades of steam-gauge through G1000-NXi airplanes. Engine time remains the single biggest variable within any given avionics generation: a mid-time TIO-540-AE2A overhaul runs toward the specialty-shop figure this page stores ($58,000 per reference/engine-overhaul-pricing.md), corrected from this page's own prior, uncited $75,000.

A data-quality note for whoever next touches this page's auto-synced listings block (not corrected in this session, since editing that block is outside a research pass's scope): several rows in the "Current Listings" section below are titled "PIPER MALIBU MERIDIAN" or "PIPER PA46-500TP MERIDIAN" and priced at $995,000-$1,750,000 — those are the turboprop Meridian/M500, which belongs on piper-m-class, not this piston page. The listing-sync matcher appears to key on the shared "Malibu"/"Meridian" marketing name rather than the model designation, which materially inflates this page's own "Market snapshot" average.

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ADs & Common Problems

The Engine Change That Defines This Model

This model's entire reason for existing is the 310P's Continental engine failure history, documented with a primary citation on piper-pa46-malibu-310p — Piper switched to the Lycoming TIO-540-AE2A in 1988 specifically because of it. That history is the 310P's story, not this model's; nothing in this session's research turned up an equivalent Lycoming-specific engine defect for the TIO-540-AE2A on this model.

What this page does NOT claim, and the previous conflated page did: a specific 1991 FAA emergency Airworthiness Directive grounding all Malibu/ Mirage IFR flight was NOT independently verified this session (no working general web search, and the FAA DRS client used for the type certificate does not reach the AD database). It may be real — it is widely repeated in enthusiast literature — but this page does not restate it as fact without a primary citation. Consult the FAA's ADIRS system directly for a specific airframe's current AD status.

Common Maintenance Issues (not independently re-verified this session; carried forward)

  • Turbocharger management: twin turbochargers require careful temperature management; turbocharger overhaul historically quoted at $5,000-$8,000 per side.
  • Pressurization system: door seals, outflow valve and controller maintenance; annual pressurization-specific costs historically quoted at $2,000-$5,000.
  • Landing gear, fuel system and corrosion: standard PA-46 items, shared with the Matrix and (for gear/corrosion) the 310P.

Pre-Buy Essentials

Full AD compliance review, borescope compression check on all six cylinders, turbocharger condition and history, pressurization system leak check and controller test, landing gear rigging and actuator condition, and a complete logbook review. Budget $5,000-$10,000 for a thorough PA-46-experienced pre-buy.

Insurance Profile

One of the more expensive piston singles to insure, reflecting high hull values, complex systems, and (for the type as a whole, including its earlier Continental-powered years) accident history. Not independently re-verified this session; carried forward from the pre-existing page:

Qualified pilots (3,000+ TT, 1,500+ retractable/turbocharged, 100+ hours in type, annual recurrent training): full hull + liability historically quoted $7,300-$14,200/year.

Less qualified / transitioning pilots: full hull + liability historically quoted $12,500-$34,000/year; some underwriters require 25-50 hours of dual instruction in type before solo coverage.

Annual recurrent training through PMOPA (the Piper M-Class Owners & Pilots Association, formerly MMOPA — founded 1988, per its own site; see raw/press/pmopa-org-identity-2026-09-08.md) is typically required or strongly rewarded for favorable rates. See GA Insurance Underwriting for general factors.

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For sale (5)

1989 Piper Malibu

$349,000
Year: 1989
TT: 4,980 hrs
Fort Worth, TX
View details →

1997 Piper Malibu

$429,000
Year: 1997
TT: 3,820 hrs
Addison, TX
View details →

2001 Piper Malibu

$489,000
Year: 2001
TT: 3,110 hrs
Scottsdale, AZ
View details →

2006 Piper Malibu

$579,000
Year: 2006
TT: 2,240 hrs
Naples, FL
View details →

2013 Piper Malibu

Year: 2013
TT: 1,180 hrs
Boca Raton, FL
View details →

What buyers usually weigh against the Piper PA-46-350P Malibu Mirage — aircraft flown for the same kind of mission.