fourteen months ago i bought a 1990 M20J with 1880 hours total time, no damage history. nice enough airplane, but stock interior, original paint in ok shape. stepped down from an SR22 turbo. Ive been upgrading it throughout the last year. things ive done:
IO390
hartzell top prop
precise flight speed brakes
led lights all around the exterior
new nav/com and transponder for ads b in and out...
thorough annual, and correction of rigging.
ton more small things, but those are the major ones....
plane is currently in san antonio getting a new interior from aero comfort....
heres where it gets muddy. after the interior gets done, i want to finish the panel (g3x and GFC500, plus some other small stuff, cies senders, new radio for com 2 etc) multiple quotes for avionics (we are a an avionics dealer, but not garmin) put that at about 58k to finish the panel. I plan to paint the plane down the road if i keep it. another 20k. i dont see me being into this for less than 260k all in. thats a ton for a J, but its very unique with the 390, and performs well. it meets my mission for travel for me solo, or with one passenger, and does it well (flew from idaho to taxas at 13500, one fuel stop, 162kts true at 13500, 9.7GPH). no one has ever sat in the back seat.
thats the good. the bad: a big bore 4cyl will never be as smooth as an io550 OR tsio540. no FIKI. no built in o2 (i prefer to fly at 11500-15500)
should i finish this airplane and fly the heck out of this new IO390? its a consistent 162-167kts true, or cut my losses and buy an ovation or bravo?