@Bell206 @Velocity173
I think both of you missed my point. If buy a TIO-540 which typically has a TBO around 1800, with a "top overhaul" being very common around 900-1000. You will go through one purchase and three tops, and two overhauls. Then add the cost of regular maintenance, such as IRAN one magneto every 250 hours (mag failure rates start to increase around 500 hours, very few make it to 1000), oil changes...
This will be fairly cost to the capital cost for a turbine of the same rough power level, and the associated inspections and maintenance.
The difference with a turbine, you are paying much higher capital costs to have lower operation/maintenance costs along with a lower downtime (scheduled and unscheduled). Statistically, if you kept the plane long enough and flew it enough, you would likely be fairly close on total engine costs.
As a few others have stated, there are two large factors at play. First is the initial capital costs. Second is what I call the oh sh** factor. If a turbine blows up, the owner could be stroking a $500K check. If you blow up a TIO-540 you are in the low $100K range.
Tim