HangarMath

Piper PA-42-1000

Turboprop · 23 active US registrations

FAA Registry DataUpdated Mar 2026
Piper PA-42-1000

Piper PA-42-1000

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Purchase Price

$800K-$4.0M

Horsepower

904 hp

Fuel Burn

84 gph

Cost/Hour

$704.00/hr

US Fleet

23

Ownership Cost Summary

Purchase

$800K-$4.0M

Annual Fixed

$45K-$75K

/yr

Hourly Variable

$704.00/hr

/flight hour

5-Year Total

$1.4M-$5.1M

Purchase Price$800,000 – $4,000,000
Annual Fixed Costs$45,440 – $74,960 /yr
Hourly Variable Cost$704.00/hr
Annual Cost (100 hrs/yr)$115,840 – $115,840 /yr
Annual Cost (200 hrs/yr)$186,240 – $186,240 /yr
5-Year Total Cost$1,379,200 – $5,078,800

Cost estimates based on published data and industry averages. Actual costs vary by condition, location, usage, and maintenance history.0

Specifications & Engine

Performance

Horsepower904 hp

Engine & Weights

EngineAIRESEARCH TPE331 SERIES
Engine Typeturboprop
Engines2
TBO3,600 hrs
Overhaul Cost$580,000-$860,000
Overhaul Reserve$200.00/hr
Fuel Burn84.0 gph
Propconstant speed

Source: FAA Type Certificate Data Sheet, ENGINE.txt registry. TBO and overhaul costs from industry standard data.

Market Prices by Year

Typical asking prices. Actual prices vary by condition, total time, avionics, and engine time.

1970-1979
$540K
1980-1989
$720K
1990-1999
$1.0M
2000-2009
$1.4M
2010-2019
$2.2M
2020-present
$3.6M

Similar Turboprop Aircraft

Compare the PA-42-1000 to other turboprop aircraft.

Insurance Estimates

Annual hull + liability premiums by pilot experience.

new ppl$43,200 – $62,400/yr
experienced$30,240 – $36,960/yr
atp$15,360 – $21,120/yr

Hangared aircraft save 15-30% on premiums

Covered tiedown vs. open tiedown also affects rates.

Get Your Real RateCompare insurance across similar aircraft

Rates are estimates only and vary by hull value, pilot experience, training, location, and carrier. Contact an aviation insurance broker for accurate quotes.

Maintenance Reports

FAA SDR data, 2015-2024.

1

Service Difficulty Reports

Top Systems Reported

Hydraulics / Flight Controls
1

SDRs are mandatory reports filed by maintenance facilities when defects are found. Higher counts may reflect larger fleet size and better reporting, not necessarily lower reliability.

Fuel Cost

84.0 gph at ~$6.50/gal 100LL

$546

/hr

$54,600

100 hrs

$109,200

200 hrs

Prices vary by region. View by state.

Fleet & Registration

23

Active US Registrations

Source: FAA Aircraft Registry (active, valid registrations).

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Popular Avionics Upgrades

Common avionics upgrades for turboprop aircraft. Prices include typical installation.

GPS / Navigator

Garmin GTN 650Xi

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Garmin

$10,800 - $16,000

~20hr install

Avidyne IFD440

Avidyne

$9,000 - $13,000

~14hr install

Avidyne IFD550

Avidyne

$14,000 - $19,000

~16hr install

Garmin GTN 750Xi

Garmin

$16,000 - $22,000

~24hr install

Autopilot

S-TEC 3100

Popular

Genesys Aerosystems

$15,000 - $20,000

~60hr install

Glass Panel / EFIS

Garmin GI 275

Garmin

$3,500 - $5,500

~10hr install

Garmin G500 TXi

Garmin

$11,000 - $17,000

~30hr install

ADS-B Transponder

Garmin GTX 345

Popular

Garmin

$4,500 - $6,500

~12hr install

Transponder

Garmin GTX 345

Popular

Garmin

$4,500 - $6,500

~12hr install

Garmin GTX 335

Garmin

$3,200 - $4,800

~10hr install

Garmin GTX 345R

Garmin

$4,000 - $6,000

~14hr install

Audio Panel

Garmin GMA 345

Popular

Garmin

$2,800 - $4,000

~8hr install

PS Engineering PAR200B

PS Engineering

$2,500 - $3,500

~8hr install

Com Radio

Garmin GTR 225A

Popular

Garmin

$2,500 - $3,500

~8hr install

Garmin GTR 205

Garmin

$2,000 - $3,000

~10hr install

Prices are approximate installed costs and vary by shop, aircraft, and existing wiring. STC approval may be required. Always verify compatibility with your specific airframe.

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4,000+ FAA-certified repair stations across all 50 states.

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Tools for the Piper PA-42-1000

Frequently Asked Questions

How much does a Piper PA-42-1000 cost?

A Piper PA-42-1000 typically sells for $800,000 to $4,000,000 depending on year, condition, total time, and avionics.

How much does it cost per hour to fly a Piper PA-42-1000?

The variable cost is approximately $704.00/hr, including fuel, oil, and engine reserve.

What is the fuel burn of a Piper PA-42-1000?

Approximately 84.0 gallons per hour at normal cruise.

What are the annual costs of owning a Piper PA-42-1000?

Annual fixed costs run $45,440 to $74,960/yr before fuel and engine reserves.

How much does an engine overhaul cost on a Piper PA-42-1000?

$580,000 to $860,000, TBO of 3,600 hours.

How many Piper PA-42-1000 aircraft are still flying?

There are 23 Piper PA-42-1000 aircraft with active US registrations according to the FAA Aircraft Registry.

Important Disclaimer

All cost estimates, specifications, and data on HangarMath are provided for informational and educational purposes only. This information does not constitute financial, legal, or aviation safety advice. Aircraft ownership involves significant financial risk, and actual costs can vary dramatically from estimates shown here. Always conduct your own due diligence, hire a qualified A&P/IA mechanic for prebuy inspections, consult with an aviation attorney for purchase agreements, and work with a certified financial advisor before making aircraft purchase decisions. HangarMath makes no warranties about the accuracy, completeness, or reliability of any data presented. We are not responsible for any financial losses, property damage, personal injury, or death that may result from decisions made based on information found on this site.