My research, and TONS of commends on other pilot forums, has led me to want to buy a used Mooney as my next plane. But I could use some help picking the right model Mooney for my needs & I figured this is the place to ask. Here's my situation:
I'm a brand new pilot flying out of U42 in Utah (4600 MSL field) (I'm a solo student now, should pass my check ride in a few weeks)
Been doing my training in a PA 28 - 140 I own with a friend - we have several local pilots already interested in buying it once I pass my check ride & this shared-ownership, despite being with a good friend, has taught me that sharing a plane again is not for me
I want to immediately begin training IFR after getting my PPL in a few weeks - so the Mooney I buy needs to be very well setup for learning & flying IFR
I have 2 kids (big kids) and a dog I plan to do some XC travel with once I get well trained in my Mooney, starting with short XC's within Utah, then as my skills & safety grow, trip distance will grow to locations around the southwestern US
Despite that I know that most of my flying will be with just me alone or me & 1 other person (my older son, my CFI, a SO, etc), after tons of research & financial analysis etc etc I've decided I do want the plane I own to have 4 seats and be capable for the XC trips with my kids. For those trips, we'll be leaving U42 in Utah & flying over/around the Rocky mountains with the following load: 185 me, 175 kid A, 140 kid b, 40 dog, 80 luggage = Total: 620lbs ... then of course we'll need enough gas to get somewhere about 2-3 hours away (we're fine to refuel once on longer trips, once my skills build up to taking longer trips with multiple legs)
While speed and efficiency (GPH) are nice, I'm not obsessed with it. More important for me is to get a newer plane, or a recently refurbished plane where the engine, prop, interior, paint, and especially the avionics, are on the nicest/newest/highest end of what can be found in used Mooney's for my price range.
Budget: If I were pushing my limits to buy my dream plane (for this phase of my life) I'd buy a 2007 Columbia/Cessna 400 Turbo with AC and a G1000 at about $300k. Could I make it happen? Yeah. Is it smart to push myself to those limits financially? No. Hence, the Mooney. So, if I'm going to hold off on the plane I ultimately want in order to be more conservative with my budget on this new hobby, I'm going to try to keep the purchase of the Mooney under $175k. Preferably around $135k or less.
So, which model would you guys recommend that has a high useful load, great performance at high altitude/high DA, and where I'd be able to afford one that someone has put at least some decent glass avionics for IFR into & a nice/new interior & nice new paint & recently overhauled engine & prop etc? Everything I read about the models seems confusing ... but so far I've focused on J and K models. But IDK.
Thx in advance for your suggestions/advice/expertise.
Chad