Hi All,
I'm looking to make an offer on a 1974 M20F. I was very excited to see the airplane in person last week but I noticed a few areas that caught my attention as possible corrosion concerns. The plane was painted in 2010, so exterior wise it is in good shape and the only thing I noticed was the flywheel teeth seemed rusted (behind the spinner), per below. Not sure if this is common as the plane has been tied down outside during this rainy season. In the interior I also noticed that the prop, mixture, cowl flaps and heat/vent levers appear to have rust spots, circled in green. I'm not sure if this is common for a Mooney of this age and if anyone has experience with dealing with this issue. If anyone has changed out these parts (also would like to change the cracked plastic on the levers), are we talking hundreds or thousands of dollars? I did notice that when closing and latching the door, there was a gap on the top rear of the door, so it didn't seal correctly. Maybe this caused moisture in the cockpit leading to corrosion? The broker mentioned I just need to fix the latch and install new weather stripping. I will definitely have a pre-purchase inspection done to understand if corrosion is a big factor here, but just wanted to get some insights from Mooney owners that may have dealt with this on their aircraft. Also, are these issues normally caught/inspected during an annual or is it beyond the items checked for? Really appreciate the feedback. Thanks!