Hello everyone!
I'm a new member here at the referral of a reddit post.
I've researched buying a plane before but never had a true mission and had trouble moving in the right direction. As we get older, things start to clear up a little bit more.
Mission: Two people (<350lb) based in Kansas with a goal of being able to fly to visit family and friends on opposite ends of the country (CA, ID, IN, GA, etc) with a few days worth of luggage. Ranges vary 400-1200 nmi (fuel stops are assumed for longer trips) Speed before economy for the longer trips, but also trying to remain somewhat under a conservative 15gal/hr burn
Pilot: currently 100 hr PP awaiting military flight school training dates (no IR/ME yet). Currently living in the panhandle and working in Huntsville, AL. Would love to meet with anyone for coffee and educational conversation about Mooney as I know very little aside from spotting one on a ramp!
Budget: $100k-$150k for the time being, may increase if able as the purchase grows closer (I think this is going to be a difficult budget for the ranges unless I want to travel at 110 kts for 12 hours)
I have been looking at the some experimental/homebuilts but the wife is concerned about the Experimental label (I've tried to explain it). I like experimental for the reduced restrictions on what you can do to the aircraft and the more affordable upgrades later, but what are the logical arguments for certified over experimental?
What may be my options to consider; what kind of realistic annual maintenance costs to expect for that option; availability of parts for the option; a good source for calculating mx and operating budgets; any any general education on this pursuit; or potential considerations I may not be thinking about going this route. Wife is also very concerned on aircraft age (tried to explain this one away too, but she requests it be newer than 1994)
Thank you in advance and I look forward to hearing and learning from you all!
-Marty