I had a low oil pressure indication in my Mooney Encore the other day and made a precautionary landing in Myrtle Beach, SC. There was debris in the oil pressure regulator causing it to fail and the shop there looked at the oil filter and found non-ferrous metal, indicating it's time for an overhaul. I had been seeing the oil blacken quickly so I knew this was coming. The engine is at about 1330 hours.
Shop there quoted me $35,000 for an overhaul including magnetos, harness, spark plugs, turbocharger and new cylinders. They plan to reuse the starter, exhaust system and wastegate controller (was just overhauled a couple months ago).
I've replaced a couple cylinders already and am pretty overwhelmed and beat up from spending money on this engine (welcome to airplane ownership, I know). Can anyone offer advice or a place to ship the engine for a better deal?
The shop there says the next step is to take the engine apart to see what's really going on. Long story short, I'm not super familiar with the overhaul process and want to feel comfortable that I'm not getting a bad deal or doing work I don't need to do.