This 1/6 share at 131,644 € comes to 789,861 € for the whole aircraft, the price weighed here. Every share is counted at the price of its whole aircraft.
Above the market
390,861 € above the median
Among the 5 Piper adverts from 1984 to 1992
Asking prices
The dearest of 5
Median399,000 €
140,000 €789,861 €
Specifications
Year of manufacture
1989
Engine potential remaining
1,675 hours of a 2,000-hour TBO
Damage
None declared
Kept
Hangared
Based at
United Kingdom
No damage history; paint and interior renewed in 2014. Engine at 1,675 hours of a 2,000-hour TBO.
Parts: approx. £400/month for hangarage, insurance, maintenance and admin; approx. £330/hour wet, including engine fund
Equipment
What the advert mentions, answered from the seller's list below.
IFR
yes
IFR-Approach GPS
yes
Autopilot
yes
Glass Cockpit
yes
As the seller listed it
Garmin G500
dual GNS 430W
KFC-150 autopilot with altitude pre-select
The seller's description
Reproduced as published, in the original language.
1/6 Piper Malibu IFR - Northweald
1/6 share: 1989 Piper Malibu Mirage (PA-46-350P), based in EGSX (Northweald)
Forming a new syndicate to buy a pressurised, six-seat Malibu Mirage, to be imported from the US and placed on the G-register. I will take care of all ferry, import, inspection, annuals, overhaul and schedule management with own app to manage fair usage. Enjoy flying with your family
Why this aircraft
Pressurised cabin: cruise in the low flight levels, above most weather, without oxygen masks
Around 200 knots, putting the Alps, the south of France or Scotland within a single leg
Six seats in a club cabin with an airstair door
Glass cockpit: Garmin G500, dual GNS 430W, KFC-150 autopilot with altitude pre-select
IFR equipped and flown regularly (400+ hours in the last two years)
No damage history; paint and interior renewed in 2014
Flown on a standard single-engine piston rating with differences training, no turbine type rating needed
Under two tonnes, so no European en-route charges
The numbers
Share: £110,000 covering purchase, import VAT and UK registration
Monthly: approx. £400 for hangarage, insurance (depends on your hours), maintenance and admin
Hourly: approx. £330 wet, including engine fund.
The engine is at 1,675 hours of a 2,000-hour TBO, so an overhaul is budgeted for in the syndicate plan and reflected in the purchase price.
Looking for pilots who want serious touring capability at a fraction of sole-ownership cost. Online easy booking, equal access, properly run, extended holidays, take your family to Europe and back enjoy a REAL fully IFR untethered freedom.
If not familiar with the type we have several instructors available at EGSX that will help you with the familiarisation at very reasonable hours that can be done on this aircraft and included in your own hours (so no need to rent!)
Severe inquiries only. I might ask for proof of funds before signing you in.