As Piper prepares for the market introduction of the M600 single-engine turboprop, scheduled to receive its FAA certification stamp of approval in the third quarter, the Vero Beach, Florida, company is dropping the prices and adding features to its other M-class models to make them more attractive to buyers.
Piper Drops Prices of M Class Models
Key Takeaways:
- Piper is preparing for the Q3 FAA certification and market introduction of its new M600 single-engine turboprop, priced at $2.82 million.
- To create price spacing and a clear upgrade path for buyers, Piper is repositioning its existing M-class product line.
- This repositioning includes dropping the M500's price to $1.99 million while adding a new standard executive interior, and reducing the Piper Matrix's price to $899,000.
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