I am simply amazed by the quality of the postings, thank you everybody.
You have all given me a lot of very helpful advice to weigh. It is interesting to hear the views of actual Mooney pilots compared to the popularly held opinions, a large contrast.
I also need to get some seat time in the various models and do some serious number crunching.
I do find myself right on a price point that makes the nice M20Rs just out of reach at present but in this market who knows. Do I do long term financing and get the bird of my dreams or spend less knowing I will want to trade up at some point. It’s a big consideration knowing there is a 6.25% use tax on each purchase. Unfortunately (or fortunately) I don’t part with money easily, not my fault, I am Scottish which clouds my thinking. I can say though I have never regretted buying something nice even if parting with the money is hard at the time.
As far as the flying goes, I have a great CFI who lives for GA. I know whatever decision I make he will work with me and make sure I get the training and experience needed to be safe.
Bob I would love to buy you lunch and pick your brain, I'll PM you with my contact info.
Colin