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Thoughts on purchase of M20C?

Raptor05121
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RobertGary1 Grand Master

RobertGary1

Posted
Posted

Do the work yourself and save a lot of money. Not only is it your labor but you can source parts more efficiently by spending the time to shop for them. You just need to find an IA who is willing to work with you and inspect your work, supervise, etc. Generally you can find them since its a great opportunity for them to earn money without skinning knuckles. :)

 

-Robert

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Rod Vivian
Rod Vivian

2 months into my C it needed a new prop. Buying a plane is like adopting a child and then finding out you have to put him/her through Harvard. I feel that it there are 3 parts to ownership- owner, pla

yvesg
yvesg

With your income level, I would instead get in a partnership. This would cut the risks in half (or more) financially. Yves

Shadrach
Shadrach

Now is the time to build wealth, not debt. Put your desposable income into investments that that will generate a return. Renting means being able to walk away when resources need to go elsewhere. I on

ryoder Veteran

ryoder

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I agree especially on the sourcing of parts. I trusted my IA to send my engine cluster out for repair. Big mistake that I paid for and he even ate some of the costs. Next time I'll pull it myself, send it out, install it and have him check the installation and sign off the logs.

ShermAv8tor Enthusiast

ShermAv8tor

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I'm starting my first annual on my new to me 65 C…in regards to the AMU's looks like some peeps use hundreds while others use thousands…so since I just bought all new hoses (2 fuel & 2 oil) for less than 1 AMU or I could say for 7 AMU - but since less than 1 AMU sounds better…this would be considered on the "value menu" right? anything less than 1K? Actuall I think anything less than 3 AMU using hundreds is the value menu! Just sayin…

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bonal Grand Master

bonal

Posted
Posted

Figuring cost per hour seems to only make sense if you are writing off operations to a business expense. All I know the less I fly the less it costs.

mooniac15u Veteran

mooniac15u

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Posted

Figuring cost per hour seems to only make sense if you are writing off operations to a business expense. All I know the less I fly the less it costs.

 

It also makes sense if you are doing a cost comparison relative to renting an aircraft.  If you fly enough your cost per hour could be better than a rental.

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Wildhorsesracing Experienced

Wildhorsesracing

Posted
Posted

It also makes sense if you are doing a cost comparison relative to renting an aircraft.  If you fly enough your cost per hour could be better than a rental.

 

I realized that I needed to fly at least 60 hrs a year to justify the costs of the plane over a rental.  Now that my daughter is getting her PPSEL that should be easy to do. 

donkaye Grand Master

donkaye

Posted
Posted

What is the x20? Is that 20 gallons per hour?

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30 gal/hr in climb so I took a worst case average of 20 gal/hr.  Cruise is 18 gal/hr.

bonal Grand Master

bonal

Posted
Posted

The change in avatar is going to throw a couple of readers off.

Congrats on completing that portion of the project!

Best regards,

-a-

 

It did throw me off and I did see all the pictures congrats on your Mooney I have a D/C as well (a little known secret is that the D's Had higher compression to help with the fixed gear drag) that's why converted C's are much faster. ;)

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carl Proficient

carl

Posted
Posted

I was wondering what Don Kaye does?

 

He is a landlord .

an Engineer 

A flight instructor extraordinaire

And I've seen him is private jets with rock starts. 

The world's most interesting man ? 

 

I could be mistaken . Tell me Don please.

 

carl

carl Proficient

carl

Posted
Posted

It is not the cost of ownership that shapes the decision to buy a plane, but the inability to live without one.

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ryoder Veteran

ryoder

Posted
Posted

It did throw me off and I did see all the pictures congrats on your Mooney I have a D/C as well (a little known secret is that the D's Had higher compression to help with the fixed gear drag) that's why converted C's are much faster. ;)

Really? How much higher? Can I go higher compression with my overhaul? How much extra up or torque?
donkaye Grand Master

donkaye

Posted
Posted

I was wondering what Don Kaye does?

 

He is a landlord .

an Engineer 

A flight instructor extraordinaire

And I've seen him is private jets with rock starts. 

The world's most interesting man ? 

 

I could be mistaken . Tell me Don please.

 

carl

 

More about buying a Bravo than a C, but you asked, so in abbreviated fashion---

 

I never really thought about my life being that unusual.  I did almost go into music as a profession.  I had thought about trying to get into Juliard, but in the end chose UC Berkeley and engineering instead.  I still do play the Clarinet.  From a financial point of view, the best thing I ever did was to start buying real estate at the age of 26.  This gave many years to allow for compounding of the investments.  The last time I worked for a company was in 1975.  I am very good at managing property after all of these years, so it doesn't take a lot of my time.

 

This allows me to devote the majority of my time to flying, teaching flying, and my music.  

 

Regarding the Rock Band Tours, they came about as the result of my interest in Mooneys.  I met Bryan when I helped him bring his newly purchased Ovation home from San Antonio, where he had Flight Safety training.  He did many ratings with me and I flew with him on a number of early tours before he got the CJ.  When another pilot training seat was available to do the CJ type rating, he asked me if I would like to do it, too.  So I got my single pilot C525S type rating with his airplane.

 

Yes, I am very fortunate.

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Shadrach Grand Master

Shadrach

Posted
Posted

Really? How much higher? Can I go higher compression with my overhaul? How much extra up or torque?

 

According to the TCDS for these airplanes:

 

The C models were equipped with A1D or A1A engines, both have 8.5 to 1 compression ratio pistons. 

 

The D models were equipped with A1D or A2D engines, both have 8.5 to 1 compression ratio pistons. 

 

Bonal is either pulling your leg or someone has pulled his and he's passing it on...

DXB Grand Master

DXB

Posted
Posted

According to the TCDS for these airplanes:

 

The C models were equipped with A1D or A1A engines, both have 8.5 to 1 compression ratio pistons. 

 

The D models were equipped with A1D or A2D engines, both have 8.5 to 1 compression ratio pistons. 

 

Bonal is either pulling your leg or someone has pulled his and he's passing it on...

while we're on the topic, can someone explain what makes the A1D and A1As distinctive from other O-360s?

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