Piper M500 (Meridian), in brief
The Piper M500 descends directly from the Piper Meridian, the manufacturer’s original pressurized single-engine turboprop. Piper renamed and upgraded the Meridian into the M500 in 2015, adding Garmin G1000 NXi avionics and updated systems on the same PT6A-42A-powered airframe.
Specifications
| Manufacturer | Piper Aircraft |
| Model | M500 (Meridian lineage) |
| Production | Meridian 2000-2015; M500 2015-present |
| Engine | 1x Pratt & Whitney Canada PT6A-42A, 500 shp |
| Avionics | Garmin G1000 NXi |
| Seats | 1-2 crew, up to 5 passengers |
| Max range | ~1,000 nm |
| Max cruise speed | ~260 kts |
Financing a Piper M500 (Meridian)
Pre-owned Meridian and M500 aircraft trade from roughly $900K for early-2000s Meridians to $2.8M+ for late-model M500s. FLYING Finance structures terms to 20 years with 15%-20% down typical.
Frequently asked questions
Is the Piper M500 the same as the Meridian?
The M500 is the direct successor to the Piper Meridian, sharing the PT6A-42A engine and basic airframe with updated avionics and systems.
How much does a Piper Meridian or M500 cost?
Pre-owned examples trade from roughly $900K for early-2000s Meridians to $2.8M or more for late-model M500s.
Ready to look at financing for a Piper M500 (Meridian)? See the full Turboprop Financing overview or run the numbers with our aircraft finance calculator.
Payments?
Down payment?
Talk to a specialist
Not ready to apply? Let's talk first.
Tell us how to reach you and a FLYING Finance specialist will follow up to talk through rates, down payment and timing for the aircraft you have in mind.
- No credit pull to start the conversation
- Pre-approval decisions in 2–3 business days
- Pilots on staff who know your aircraft
Prefer to call? (702) 757-1176