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 repositioning its M-class product line by adjusting prices and features on existing models to create distinct pricing tiers.
- This strategy aims to provide a clear step-up path for buyers as the new M600 single-engine turboprop, priced at $2.82 million, prepares for FAA certification in the third quarter.
- Specifically, the M500's price drops to $1.99 million and gains a new executive interior, while the Piper Matrix sees its price reduced to $899,000.
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