CHEAP M20E

[KSMooniac]

I have no affiliation or knowledge about this plane, but found it listed on a non-traditional sales page:

http://www.commonwealthboatbrokers.com/gallery.asp?vID=12760

 

 

Looks like a pretty good value IMO, provided it is airworthy of course!

[carusoam]

That owner has creativity...

-a-

[N33GG]

How low can this market go???? Amazing!

[KSMooniac]

FYI, that is a REPO site, so the bank is likely just trying to cut their losses... but still, a lot of value in that bird!

[N601RX]

Repo's often have missing logs and is also difficult if not impossible to get them to move the plane for an inspection. Probably not going to get them to fix any airworthness items either, It would basically be as is where is with no test flight. It could all work out fine, but there would be some increased risk. They want it gone without spending any money on it and have priced it accordingly.

[jkhirsch]

a lot of times the planes are "tied up" so to speak due to litigation and sometimes cant even be sold. tried to buy an R182 and the owner was literally ransoming the log books

Edited September 30, 2017 by jkhirsch

[BigTex]

This really makes me physically ill for that plane going for less than $30k. Sure the interior is ratty but good lord... I would expect that that plane to be in the $45K range. Must be more to the story.

[KSMooniac]

There certainly could be something lurking like missing log books or another malady, but it is worth checking out in any case if you're looking for an E with some nice features.  430, GMA340, standard instrument panel, Stormscope, Top Prop, 201 windscreen (and maybe other mods), etc.  

[KSMooniac]

Actually, here is a controller ad for it, WITH LOGBOOKS:

http://www.controller.com/listingsdetail/printdetail.aspx?OHID=1290803

 

It looks like it belonged to Alliance Flight Training at some point until 2012 too, FWIW.

[1964-M20E]

Not a bad looking plane for $29k

[Mcstealth]

Sold. I called today and was informed it is gone.

[carusoam]

David,

Now you are ready!

There always will be more. Don't rush, but don't drag your feet either.....

Best regards,

-a-

[Alan Fox]

It had damage history and 5000 hours , It was priced accordingly...

[Alan Fox]

The logs said 5000 + , also it had a snowbank accident in 86 , and a full teardown and new prop in 09 (I think) you don't do a full teardown for hitting a taxi light , it probably had a gear up that didn't make the logs....  Still it went for less than 29K so priced accordingly to sell quickly.....

[N601RX]

I had skimmed through the logs a few nights ago and noticed that the tach was changed out.  The new tach showed 2815, but the total time was a little over 5000.  Looks like the ad used the tach time instead of Total Time.

[AmigOne]

FWIW about7 years ago I had a bad experience with Airplanes USA (Florida). The aircraft they advertised was totally misrepresented, the salesman (an active commercial pilot doing this on the side) was pretty ignorant about the airplane he was trying to sell. It cost me the airfare plus overnight expenses. Needless to say beware of digital pictures, many airplanes look a lot better that they are, this was one of them. I was not w/o blame, if something like this happens to you, then you didn't ask enough or the right questions before spending money. And it wasn't my first rodeo either.

[jetdriven]

Airline pilots have lots of money, but they are cheap. As evidenced by plenty of worn out parts, obsolete radios, and Brackett air filters.  Of course, as they say, not me!

[BigTex]

What's wrong with Brackett Aero Filters?

[jetdriven]

They are a restriction in the intake tract.  But they are cheap.

[KSMooniac]

Don't forget the downstream gunk they send into the fuel injection system too!  I switched to the K&N last year and am happy with it.

[Alan Fox]

The brackets work fine , but if you dont change them annually they will turn to snot.....

[fantom]

I use Brackett, primarily because they are easy but also because they are cheap.....

 

Me too...and yes, change'em every annual. Easy and cheap; the Mooney way. CB's unite 

[DaV8or]

This airplane sounded remarkably similar to mine. Bank repo with complete logs, lots of good mods, tach time and total time different and the much dreaded "damage history". A great value and I bet the new owner of this E will be as satisfied as I am. I wish prices were this low when I bought! It really does suck how the value of our plane just seems to plummet lower and lower.

 

BTW, the most annoying damage history my plane has is not in the logs, or the NTSB files, it's 47 years of annuals and mechanics working on it!