Indicative 2012 market price$596k (€552k) to $713k (€660k)
Estimated annual cost at 80 h$75k (€70k)
Five-year cash outlay$1.02m (€948k)

A Piper PA-46R-350T Matrix costs approximately $596k (€552k) to $713k (€660k) to buy at 2012 market values, and about $75k (€70k) a year to own flying 80 hours, roughly $940 (€870) per flight hour all-in. It seats 6, cruises at 213 kt (245 mph) and has a published range of 1,343 nm (2,487 km), needing about 2,133 ft (650 m) of runway. Figures are indicative planning estimates compiled 2026-07, not a quote for any specific airframe.

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The PlaneFit verdict

The Matrix is the Mirage with the pressurisation deleted: the same wide six-seat PA-46 cabin, the same 350 horsepower turbocharged Lycoming and the same range, at a much lower price. For an owner who wants the cabin and the legs but flies mostly below the teens, it is a lot of aeroplane for the money. It gives away the point of the airframe. Without pressurisation you either stay low, where the turbo is doing less for you, or you fly on oxygen for hours, and the PA-46 wing and systems were designed around getting high. Add a short production run and a small fleet and resale is slower than the Mirage's. Buy it for cabin and range on shorter legs, not as a cheap Mirage.

Manufacturer-verified data

Extended technical specifications

First-party reference values for this model. They are shown separately from PlaneFit planning estimates and do not enter Finder or cross-model rankings until each field is normalised across the catalogue.

Maximum takeoff weight1,969 kg
Usable fuel462 L
Maximum operating altitude25,000 ft
Baggage weight45 kg
EngineLycoming TIO-540-AE2A turbocharged, 350 hp

Key figures

Indicative planning data, compiled 2026-07. Verify against the AFM and records.

Seats6
Reported payload proxy851 lb (386 kg)
Reported range1,343 nm (2,487 km)
Practical planning radius (4 people)Not used for mission ranking
Cruise speed213 kt (245 mph)
Runway need~2,133 ft (650 m)
Landing gearRetractable tricycle
PressurisedNo
FuelAvgas 100LL
Fixed annual base$41k (€38k)
Direct cost per flight hour$367 (€340)

The ownership trade-off

Mirage performance and cabin without pressurization complexity, but turbo engine, FIKI and loading still require careful management.

Cost picture at different usage

Indicative cash costs at 2012 market values, before financing, depreciation and tax. The fixed base is the same whether the aircraft flies or not, so the effective hourly cost falls as utilisation rises.

Annual useAnnual cash costEffective cost / hFive-year cash outlay
40 h / year$60k (€56k)$1,512 (€1,400)$950k (€880k)
80 h / year$75k (€70k)$940 (€870)$1.02m (€948k)
120 h / year$90k (€83k)$749 (€693)$1.1m (€1.02m)
180 h / year$112k (€104k)$622 (€576)$1.21m (€1.12m)

What the estimate covers

Every figure above is built from a $41k (€38k) fixed annual base, covering hangarage, insurance, scheduled maintenance reserves and recurring airworthiness costs, plus $367 (€340) per hour flown for fuel, reserves and consumables. It is a planning model for comparing aircraft and testing utilisation, not a maintenance programme quote, insurance quote or pre-buy assessment.

Older examples add calendar-driven maintenance: a 2011-built airframe is estimated at $76k (€71k) per year at 80 hours. Airframe and engine time, maintenance and damage history, avionics, equipment, geography and tax treatment move a real transaction further than the model year does, so price the aircraft in front of you, not the model. A cheaper example carrying deferred maintenance can be the more expensive aircraft once the first annual inspection is complete.

Piper PA-46R-350T Matrix cost guide answers the same figures as standalone purchase and ownership questions, and the ownership cost calculator lets you replace these assumptions with your own hours and fixed costs.

Where it fits well

  • 213 kt (245 mph) cruise supports credible cross-country touring.
  • 1,343 nm (2,487 km) reported range is retained for profile context, but PlaneFit does not use it for mission ranking yet.
  • 851 lb (386 kg) reported payload proxy and 6 seats define the cabin context pending source-level normalization.

Limitations to price honestly

  • Mirage performance and cabin without pressurization complexity, but turbo engine, FIKI and loading still require careful management.
  • $41k (€38k) fixed annual planning base before flying a single hour.
  • Approximate 2,133 ft (650 m) take-off requirement must be checked against runway, surface, slope, temperature and loading.

Recommended missions

  • Family and small-group touring with a weight-and-balance check for every trip.
  • Longer regional missions, with reserves and payload reducing brochure range.
  • Time-sensitive business travel where dispatch reliability justifies the cost.

What you need to be qualified to fly a Piper PA-46R-350T Matrix

On top of a pilot certificate, this aircraft obliges the person flying it to hold the following. Each one is time and money before the first trip, and insurers usually attach their own minimums on top.

  • Complex airplane endorsement. Retractable gear puts this aircraft in the complex class of 14 CFR 61.31(e), alongside flaps and a controllable-pitch propeller, which retractable types carry as a matter of course. It is a one-time instructor endorsement in your logbook, but the insurance condition behind it is the part that costs money: underwriters usually want a stated number of hours in retractable-gear aircraft before they will write the risk at standard rates.

US requirements under 14 CFR 61.31, stated for orientation and not as advice. PlaneFit is not an aviation authority or a training organisation. Other authorities set different rules, and the current regulation and your instructor are what govern.

Common questions about the Piper PA-46R-350T Matrix

How much does a Piper PA-46R-350T Matrix cost?

An indicative 2012 market price for a Piper PA-46R-350T Matrix is $596k (€552k) to $713k (€660k). This is a planning estimate normalised across the market, not a quote for a specific airframe. Condition, engine time remaining, avionics and damage history move the real number more than the model year does.

What does a Piper PA-46R-350T Matrix cost per hour to operate?

Flying 80 hours a year, a Piper PA-46R-350T Matrix works out at roughly $75k (€70k) annually, which is about $940 (€870) per flight hour all-in once fixed costs are spread across those hours. The direct cost per hour alone, covering fuel, reserves and consumables, is about $367 (€340).

How far can a Piper PA-46R-350T Matrix fly?

Reported range is 1,343 nm (2,487 km). PlaneFit does not yet use this figure for mission ranking on this model.

What do you need to be qualified to fly a Piper PA-46R-350T Matrix?

Beyond a pilot certificate, a Piper PA-46R-350T Matrix requires complex airplane endorsement. Retractable gear puts this aircraft in the complex class of 14 CFR 61.31(e), alongside flaps and a controllable-pitch propeller, which retractable types carry as a matter of course. It is a one-time instructor endorsement in your logbook, but the insurance condition behind it is the part that costs money: underwriters usually want a stated number of hours in retractable-gear aircraft before they will write the risk at standard rates. These are US requirements and are stated for orientation; confirm them against the current regulation and an instructor.

What runway does a Piper PA-46R-350T Matrix need?

Plan on approximately 2,133 ft (650 m) for take-off. Check this against the actual runway, surface, slope, temperature and loading, all of which extend the requirement.

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