Wow, I did everything wrong. I bought the plane sight unseen after looking at adds. I was a student pilot at the time and figured I wouldn’t know what I was looking at anyway. I did hire a buyers agent to help. And did have a pre buy.
I bought a plane that had 50 hrs SMOH, 12 years prior. I bought it because the wife liked the color of the plane and the cosmetics were good. This after looking for a couple of weeks. I still had to take my check ride in a 172 and then get 25 hours of dual, along with the high performance and complex endorsements.
I knew there were some upgrades that I wanted, shoulder harnesses and a engine monitor. The first year surprises were only a door hinge repair and strut work, about a $1000. Ive owned the plane now for 6 years and about 600hrs and pretty much only what I would call routine maintenance over the years. Batteries, generator, starter, tires, and things you would expect to replace from time to time.
My average maintenance cost have come out to around $4500 per year over the last 6 years. This includes the cost of the annual inspection. I also replaced the transponder. This does not include upgrades, shoulder harnesses, engine monitor, and fuel flow .
ive had my plane inspected by 4 different shops. I bought the plane in Wisconsin and had its first annual there, then I lived in Missouri, now Florida. So there have been several sets of eyes looking it over. I’m currently waiting for my mags to return for their 500hr inspection. But it’s been a very reliable plane so far.
its not a Mooney, but that really shouldn’t make a difference. It’s just been maintained over the years. And I got lucky I guess on the engine. I had expected to probably need a rebuild due to lack of use. But so far it’s going strong.