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N388TW - 2000 Piper PA-46-500TP Meridian

Location: Henrderson, TX

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Additional Documents
Download Browse PDF N388TW - Aircraft Logbooks
Download Browse PDF N388TW - Engine Logbook
Download Browse PDF N388TW - Engine Component Summary
Download Browse PDF N388TW - Prop Logbook
Download Browse PDF N388TW - Life Limited Cards
Download Browse PDF N388TW - Weight & Balance
Download Browse PDF N388TW - Life Limited Cards
Download Browse PDF N388TW - PDF Photos
Download Browse PDF N388TW - Fleet Report
Download Browse PDF N388TW - Salvage Bid Request

Details
  • Item # 4243357
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Remaining Time 15 Days, 03:16:00
Your bid is a contract between you and the listing creator. If your bid is selected you will enter into a legally binding purchase contract.
Description

DATE OF INCIDENT:  9/25/2025

DESCRIPTION OF INCIDENT:

Aircraft had a gear up landing and ran over an airport sign and sign mounts.

DATE OF LAST INSPECTION:  4/25/2025

AIRCRAFT:    2000 Piper PA-46 500TP Meridian   N388TW   S/N: 4697018     TT:  2,450

ENGINE:  Pratt & Whitney   MODEL:  PT6-42A   S/N:  PCE-RM0021  TT:  2,450    TSMOH:  1,203

PROPELLER:  Hartzell  MODEL: HC-E4N-3Q/E85015B-3.5   S/N:  HH5147    TT:  1,203   

AVIONICS / EQUIPMENT:  See Photos

2 - Garmin GDU 1060

2 - Garmin GTN 750xi

Artex ELT

Compass

Garmin GFC 600

DESCRIPTION OF DAMAGE:  See Photos

Prop strike

Belly

Gear doors

Wings

Exhaust

RH lower cowling

REMARKS:

Logbooks - We digitize ALL logbooks available, if it's not digitized then it's not available unless otherwise noted.

Times are per logbook entries and current tach photo

Wings are attached

Aircraft Bluebook has this aircraft listed as a 2001 per the serial number

Aircraft is being stored in hangar

3 liens listed on the Redacted Title Search - 2 lien releases have been filed with the FAA on 10.9.25 (SS046498 & JW015742) and LJ035935 will be included on the settlement check

LOCATION OF SALVAGE:   Henderson, TX

SALVAGE MAY BE INSPECTED BY SENDING AN EMAIL: Salvage@UnderwritersSalvageCompany.com

Instructions

Bidding Instructions:

Buyer Transaction Fee:  No Buyer Fee on this aircraft

This is a “Sealed Bid” Auction

  1. Click on Submit Sealed Bid, complete and Send

                 -or-

  1. Print or complete the PDF in “Additional Documents” (under pictures) named “Salvage Bid Request N*****” and email to Bid@UnderwritersSalvageCompany.com

Details of Sales

  NOTICES & RESTRICTIONS

By submitting a bid, buyer understands that aircraft details are provided as best to our ability often through logbooks.  Buyer acknowledges that they have had the opportunity to inspect and evaluate the aircraft salvage before submitting bid.

It is the bidder’s responsibility to verify the current condition of the salvage prior to bidding.   In most cases the aircraft has been disassembled to facilitate movement into a storage facility.

Underwriters Salvage Company cannot guarantee that all logs or records for any item are 100% complete or accurate.

All items are sold “AS IS – WHERE IS” with no exceptions and with no refunds.  Underwriters Salvage Company makes no express or implied warranties as to condition, fitness for purpose, value, airworthiness, operation, or performance of any kind whatsoever with respect to the sale of any item.  Underwriters Salvage Company will not be responsible for the storage, safety or security of any item once released to the buyer. 

After the lot closes, the Seller will decide either to accept or reject the high offer.   A Seller award decision is expected within ~10 business days of the close date and you will be notified with instructions.

Condition of Salvage – By purchasing this salvage this sale is on an as-is, where-is, all faults basis.  There are no warranties, express or implied, of any nature.  The seller and Underwriters Salvage Company, Inc. completely disclaim and successful bidder waives any liability in tort or warranty of merchantability or fitness for a particular purpose.  The successful bidder bears all risks regarding the condition, usability, workability and operability of all of the salvage.  The successful bidder agrees that it will comply with all state and federal regulations regarding transporting, handling, sale, disposal or any use whatsoever of the salvage and will indemnify the seller, its consignor and their insurers from any claims, damages, expenses, legal fees or fines sought by any third party in connection with the transporting, sale, disposal or use of the salvage once it is purchased.  The successful bidder releases Underwriters Salvage Company, Inc., the broker, the seller, the consignor, as well as the storage facility, the airport, the landlord, or tenant, where the salvage may be stored, from any and all claims, or lawsuits by the undersigned relating in any manner to the referenced salvage.  The successful bidder disclaims, waives and agrees to save and hold harmless, and to defend those on whose behalf this release is issued from any and all actions, claims, or lawsuits that may arise as a result of the salvage by the successful bidder.  This release, disclaimer, waiver and agreement to save, hold harmless and defend, is also intended to bind the purchaser's successors, spouse, children, heirs, business associates and the undersigned's insurance carriers.

 

Aircraft and Components - The successful bidder acknowledges and agrees that aircraft and their components are governed by FAA Regulations and requirements pertaining to resale and/or return to service. Successful bidder will comply, or contract for compliance, with all FAA Regulations and requirements (including inspections and log book entries by FAA licensed individuals or entities) before return of aircraft or components to service.

   PAYMENT DETAILS

  • Within 7 days after bid award, the buyer must submit full payment, including applicable taxes and fees
  • Payment can be made by wire transfer (recommended).  
  • All bids are binding and cannot be retracted. 
  • Buyer is responsible to contact and make arrangements with the storage facility for pickup within 10 business days of the Buyer Award.

     TRANSACTION FEE

Buyer Transaction Fee:  No Fee for this Aircraft

  PICKUP TERMS

Failure to follow these terms may result in the seller turning away the attempt of your driver to pick up the purchased item(s).
Hours: Buyer must contact location at least 24 hours prior to arrival to make load out
Buyer must contact storage facility to make arrangements for pickup and loading assistance. 
Driver MUST bring a copy of Item Release.

  QUESTIONS

Support is available 8am-5pm (Eastern Time)

Phone:  Underwriters Salvage Company @ 770-588-1456

Email:  Bid@UnderwritersSalvageCompany.com