I fly for a living and come form a GA background but I know next to nothing about Mooney's. A friend is telling me that he knows of 1974 M20E "with all the speed mods" from Mod Squad and he's raving about the plane. I'd never heard of Mod Squad until today but again, I'm not knowledgeable about Mooney's. My friend contends this plane is "basically a J model" after all of the mods.
I'm trying to get more information from him but he swears up and down that this is a desirable plane and I'd be lucky to get it before it hits the market.
What I (think I) know is that it's a 1974 Mooney M20E that has spent most of its life hangared. Supposedly, it has speed modifications and sound proofing by Mod Squad, 1/4 windshield and side glass, custom tinted, lighted wing tips, 201 cowling conversion, 201 speed and efficiency fairings and gap seals, 201 inner gear door and electric actuator mod.
I'm told it had a Blue Max overhaul (whom I'm also not familiar with) that supposedly included porting, polishing and flow balancing. I have no idea yet how long ago it was overhauled. It has some kind of dorsal fin mod with an internal ELT antenna. The panel has a Garmin 430W and a 340 audio panel and some kind of ADS-B solution. I think it has an autopilot but the rest of the panel is still basic six pack.
I don't yet know the times and he said it has an old documented DH that was properly addressed many years ago. I'm still trying to get more info about the DH. It's possible it was a nose gear collapse around 30 years ago.
I know there's a lot of holes to fill-in but he's saying the Mod Squad mods alone were nearly $100K.
From what I've written, is there anything that sets this plane apart from most other M20E's of a similar vintage? He's implying I could likely get it for $110K. Obviously, the TT & SMOH will affect the value.
Sorry for such vague questions but I appreciate any info you guys could offer.
Thanks!