Advice needed on Mooney Purchase

[74657]

Quote: FlyingAggie

To the OP,

This one has lots of bells and whistles:

http://www.aso.com/listings/spec/ViewAd.aspx?utm_source=Alerts&id=129245

 

I saw that plane.  Beautiful.  The 2 things that I don't like about it are the AC and turbo.  A plane that nice shouldn't have needed a 12K annual either, at least the way I'm thinking!  That AC has to burn at least 100 lbs. of useful too.

[flight2000]

I agree on the $12K annual but learned to hold back on judgement until I see the actual charges.  Mine had a $9K annual two years before I bought it and found they replaced all 4 cylinders after reviewing the receipts.  Sounds like he may have fixed some items that would make it easier to sell after putting them off for awhile.  Just my guess.

Brian 

[Mcstealth]

Quote: FlyingAggie

To the OP,

This one has lots of bells and whistles:

http://www.aso.com/listings/spec/ViewAd.aspx?utm_source=Alerts&id=129245

[maniago]

Quote: 74657

Who's got 2 thumbs and just put a deposit down on N888DF?

 

This guy!

[davidfreedman]

Late to this discussion but here's my 2 cents (though looks like you've settled on normally aspirated).  For practical purposes I wouldn't focus too much on J vs K vs S vs M given your mission.  I would focus on condition and features.  Buy the bird that has the panel you want and had a good previous owner that took care of her.  New stuff depreciates fast and getting work done takes a lot of time for both intial installation and debugging.   I think fixer uppers are mother *uckers unless you're really into that sort of thing.

[74657]

Here are a few pics that were taken today during its inspection.  So far so good.

[richardheitzman]

Who is doing the prebuy?

 

[GeorgePerry]

This Eagle won't be around long at this price, with these times and those avionics!  Wow, if I weren't moving overseas for the next three years, this one would be mine!

 

http://www.controller.com/listingsdetail/aircraft-for-sale/MOONEY-M20S-EAGLE/1999-MOONEY-M20S-EAGLE/1170875.htm

 

[FlyFstr]

I'm pretty sure (99%) that Eagle was for sale for a quite while by a small dealer in Vero Beach. FL with ~760 hours on it. I made a visit and observed evidence of a fuel tank leak (right tank if I recall) and also found out there were repairs to the tail ( I think the tail may have hit from a hand landing) .

I suspect that this bird probably sold for about $160-165K, then flew not too many hours, went back on the market and the price jumped. I have to I wonder why the new owner flew so little and is asking so much more than the guy that sold it to him? If, so there is nothing wrong with making a good profit, and in spite of a few concerns, it was a pretty Eagle.

[GeorgePerry]

Good info for the forum to know...thx

[74657]

I sent the deposit over yesterdat for 888DF.  The pre-buy went very well with the only "big" issues being worn motor mounts and leaky fuel tank covers, both of which are getting fixed.  There were a few other small things like loose heat shields, and a worn thermocouple wire (from sagging motor mounts) which will also be cleaned up before I go to get it.  I would imagine that I will be flying to Akron in the next couple of weeks to drop my Tiger off and bring the Mooney back.

 

 

[KSMooniac]

Congrats!

[gofast]

Quote: GeorgePerry

This Eagle won't be around long at this price, with these times and those avionics!  Wow, if I weren't moving overseas for the next three years, this one would be mine!

 

http://www.controller.com/listingsdetail/aircraft-for-sale/MOONEY-M20S-EAGLE/1999-MOONEY-M20S-EAGLE/1170875.htm

 

[DaV8or]

Quote: gofast

She already had a 430 and a 696.  I use the 696 for Terrain, Traffic from the 330 mode S, and weather.  The 430 feeds flight plan to the Aspen and the autopilot.