So, here I go again...

[DaV8or]

Tomorrow I go for another pre buy inspection. The airplane is a '66 M20F with lots of nice mods. It's a bank repo and so a little different in the sale process. The good news is I bid real low and they accepted it. The bad news is it can't be moved from where it is. It's located at Santa Barbara and there aren't any Mooney specific mechanics there. The best I could do was get Ray Maxon from Ray's Aviation in Santa Paula to come up and look at it. He came recommended as a good guy by Top Gun and others. If all works out, I'll get a pretty nicely equiped F (damn near a J with new radios) at C prices. I was told that the previous owner bought at the top of the market and then sunk a bunch in new avionics, so ended up owing the bank $105,000! Yikes!! I was able to combine the trip with work, so travel was easy and I have lots of friends and family in the area. Lots better than traveling to the boondocks and paying for everything.

We shall see what we shall see...

[MooneyMitch]

This sounds really promising.   Please let us know.

[231Pilot]

Good luck!

[Bacachero]

For the super low price...are you sacrificing anything like log books etc?

Good luck with this one!

[DaV8or]

Quote: Bacachero

For the super low price...are you sacrificing anything like log books etc?

Good luck with this one!

[jetmech1972]

Nice looking mooney if it's the one on busaircraft.com

[Qwalton]

Good luck.  It looks like a very nice plane!

[bradp]

That is a nice looking piece of equipment, if it's the one at business aircraft sales' website.

Even though it was a bank repo, were you able to contact the previous for discussion / was an amicable departure from his Mooney?

[DaV8or]

Quote: bradp

That is a nice looking piece of equipment, if it's the one at business aircraft sales' website.

Even though it was a bank repo, were you able to contact the previous for discussion / was an amicable departure from his Mooney?

[DaV8or]

So... all looks well! We poked and prodded and found no show stoppers. A few skeletons in the closet with reguard to damage history, but corrosion free, AD complient and in overall pretty good shape for a 44 year old airplane. Hard nose landing in '82, a gear up in '88 and somewhere along the way, light hail damage. Good repairs. Clean engine, runs good with all the proper things done along the way. Low time engine and prop, speed mods and great avionics. Decent paint and interior. Everthing works except the panel lighting (that's OK, I'm changing them anyways) and the door lock. What's not to love?

I now will make the call to take the next step. Pictures to follow when I get home.

[Mcstealth]

It sounds like you sold yourself :)

[KSMooniac]

Congrats!  Looks like a great plane, especially if you're getting a low price!

[fantom]

Sweet......finally!!!

[DaV8or]

Here's some pictures. There are more in my gallery.

[DaV8or]

Some more...

[Jeev]

Looks very nice and congrats on the good deal, someone spent a lot on $$$ on all those mods!  Almost the same paint as my J but I have White instead of cream.  At first I didnt like it but the green/gold/white really grew on me.... enjoy the nice flying weather in the SW this weekend!