Speed with Economy
The 300 Missile will keep up with the fastest twins, yet burn less than half the fuel. It is faster than the new Ovation, has a better climb rate, and is quieter. All this for only a fraction of the cost.
With the Continental remanufactured engine installed in the 300 Missile, maintenance costs do not increase and will not exceed those of the standard 201, already far less than any other airplane in its class and speed.
The TBO on the Missile IO-550-A is 1,700 hrs, and with an average speed of 180 kts, the total distance traveled between overhauls is 306,000 nm. The original IO-360-A3B6D engine had a TBO of 1,800 hrs. With an average speed of 140 kts, the total distance traveled was 252,000 nm. This extra distance equates to a 2,200 hr TBO on the 201's original engine.
Time is Money
On an average trip of 500 nm, the 300 Missile will save one hour of time per trip. Through each TBO, a total of 640 average trips could be made, constituting a savings of 640 hours total time, at the rate you calculate your time to be worth.
To purchase an original IO-360 remanufactured engine, new propeller and have it installed, the cost would be approximately $30,000. For just a little over twice that amount, you can have your own airplane converted to a 300 Missile, giving you better performance than a new $300,000 airplane. Your airplane's resale value will be greater than the original amount invested because of the Missile's performance and reliability.