mattpg

Going to take a look at the plane shortly. I'll be reaching out for a PPI if in the works, would love your help if it's available! Thanks Matt @Jcmtl I've been watching the markets for a bit now, noticing many in that price range TBO. I'm not opposed to a TBO engine (to be fair, I'd rather price in that risk than not) - How did you find the import costs though, I've heard estimates of $10k, etc.

I do know the plane is owned between two parties and is being sold on behalf of the dealer. If I get any more information regarding hours/how long the plane has sat, I'll confirm here! Thanks for your help as well!

So I just got some information, turns it out it has flown regularly up until about a year ago. It's sat in a warm hanger due to plane-unrelated issues which I'm not sure I can disclose on the forum. However, looking at the logs, it does seem like the plane did sit for months at a time during 08, so there has been some periods where the plane hasn't flown. I'm not sure if I have full access to the logs (seemingly some are missing) so I'll try to get better information when I take a look at the plane in-person. A pre-buy is definitely a requirement, and a lower price OFC / negotiation. I'm kind of stuck where I do want to buy a plane within the next 3-4 months but due to Covid I know the market is semi-crazy, and not finding many M20s in Canada or locally. Market wise any idea if this is all related to Covid, or just buy/demand shortage of planes?

If you had to give a max price you'd pay, based on the premise that everything checks out / is in decent shape, what would you give?

W/B + CG is here: https://media.sandhills.com/doc.axd?id=7102641189&p=&ext=.pdf&dl=False&wt=False&checksum=wQhPggmH5IKgXbKICm3bt4LYwrxHVoejNg%2bjMOS5%2fpwDbY6k4bIXH9%2bymThQ%2fyZmY1anYBME5Tk%3d 1623.1 and 45.5 Looking through the logs, haven't seen oil analysis but I'll keep looking. I haven't heard back as of yet, but most definitely I'll keep those questions in mind. TY for your help btw! @carusoam: Haha fair, I'm located in Toronto, just a short drive away from the plane actually! Thank you, glad to be here! I will absolutely look into that calculator! Thanks for your help

Hi there, I'm located in Canada, and looking to purchase a first plane. I know aircraft valuations are high atm (due to covid + buy/demand, etc). I did find a 1970 Mooney M20C with a local dealer, just wondering value wise if it adds up, or if it's overvalued/overpriced. They are asking just under $59,000USD - Specs on the plane are as follows: TT: 4,766.3 LYCOMING O-360-A1D 1,129 SMOH Prop Overhaul done May, 2021 EGT101 Monroy Traffic Watch ATD-300 Narco AA30 Intercom Garmin GNS430 w/GI-106 King KA134 Audio Panel Apollo SL40 COM King KR87 ADF Narco NAV825 w/Glideslope Narco DME890 Narco AT150 Transponder PC Autopilot System Wingtip Strobes 52 US Gallons 120 lb Baggage Area Polished Spinner and Prop Front Seat Shoulder Harnesses Dual Press-to-talk Switches on Control Column Tinted Visors Electric Gear + Electric Flap https://www.apexaircraft.com/inventory/?/listing/for-sale/202747527/1970-mooney-m20c-piston-single-aircraft?dlr=1&accountcrmid=617471&settingscrmid=617471 Thoughts?