Aceleo

Glad to see this thread is still going. I did pass on that aircraft! Thanks to everyone who advised not to go with it. 95k is definitely a lot for it.

I already asked the dealer about it. He said he touched it and it was just the color of the iron. he mentioned a basic white paint job will cost around $4k. If I want a better design paint, then it will cost $8k-$10k.

Really appreciate everyone’s advice. Any thoughts/suggestions on the following aircraft? 1966 Mooney M20E Thank you

I apologize for not making it clear about the hours. I am talking about low SMOH hours. I just did not want to have to deal with engine overhauls so soon into purchasing my first aircraft. I am pretty fixated on the Es or maybe the Js. Es because I do not think I will have 4 passengers and also the IO-360 engine is efficient. I am really looking for something very efficient as I plan on flying a lot for hours and occasional CCx. I am not looking to go too fast. I do not really want a C as I’d like to avoid carbureted engines. Thank you to everyone for the suggestions so far.

Hello, I am a new forum member. I am purchasing my first aircraft and I am looking into getting a Mooney M20E. Recently I found one that was in decent shape, going for 70k but the engine was quite old and I had to pass. My budget is under $90K and was hoping to find a low time M20E. Possibly a M20F for the right price. I have been looking on Trade a Pane, Barnstormers and Controller quite a lot but nothing in my price range is coming up in the past couple of weeks. If something does come up, its got a lot of hours. I also joined the Mooney Facebook group but haven't seen anything there. But then I hear people finding their aircraft quite fast. My question is, where else should I be looking? Is there a secret Mooney Sell/Trade website I am not aware of? Feel free to PM me with any suggestions! Thank you

The Mooneyspace member who message you about the corrosion, did he see the corrosion in the pictures or he is suspecting corrosion and it’s not confirmed. I do have a pre-buy lined up if I do decide to go with this aircraft. If the pre buy goes well, we will make it an annual.

First time aircraft buyer here. I have been eyeing this Mooney M20E (N79821) for sometime too. As others have mentioned, it hasn’t been flying around much and the engine has about 500 hours before needing overhaul. But total time isn’t a lot and it’s got decent avionics. Is overhauling an engine really as time consuming and expensive as I hear? It’s got the IO-360-A1A engine, fuel injected. This aircraft is going for $74k listed, if I were to put an offer down, what do you guys think the best price for this Mooney would be? link for reference: 1964 Mooney M20E N79821 - Trade a Plane