Apexheli Posted January 20, 2016 Report Posted January 20, 2016 Looks like with three kids now, my 1967 M20F is going to have to go in the next year. I wanted to get a feel for price point before I get ready to sell. The plane is a M20F with 201 windshield, SWTA 201 cowl, wing root fairings, flap gap seals. Paint is a 7, interior it mostly original. The plane has 64 gal fuel capacity and does an honest 150kts. What's she worth? Airframe ~5200 Engine SMOH ~1700, STOH ~150 Garmin 430 non waas Stec 30 autopilot *Pics of interior are not current Quote
glafaille Posted January 20, 2016 Report Posted January 20, 2016 (edited) I'm actively shopping and from what I've seen so far I would say 35K to 40K. Closer to 40K if you have bladders or professional re-seal of the tanks, nice interior and paint. Shock disk condition? New cylinders or overhauled at last major? The panel is a negative for me but can be fixed. Edited January 20, 2016 by glafaille Quote
Bob_Belville Posted January 20, 2016 Report Posted January 20, 2016 Here's a worksheet that will help you evaluate what folk value... (it hasn't been updated in a couple of years so it might not reflect overall prices. It should help with relative value of airframe, engine, panel, etc. http://www.vintagemooneygroup.com/M20FValuation.html Quote
KSMooniac Posted January 20, 2016 Report Posted January 20, 2016 Is the prop one of the AD-ridden Hartzells or a replacement? How about damage history? The speed mods and STEC 30 are really nice to find in a vintage Mooney. Upgrading to WAAS and adding GPSS would be super-nice. You might look for a deal on a take-out STEC GPSS module as people upgrade to Aspens or G500s. I've seen them go for <1 AMU. Engine time hurts a bit of value, but many savvy buyers would rather have a higher time engine and pay less so they can overhaul/replace to their specs. If you're serious about selling soon, you might consider getting all of the records in nice order, including AD compliance, and scan/photograph the last 10 years or more of them. It only costs you time and will help with the selling process. At first glance it looks like a good plane to me, and should draw some strong interest. Quote
Bob_Belville Posted January 20, 2016 Report Posted January 20, 2016 Doug(?) has the plane been tied down, or hangared, in the Houston area? How many hours flown last year? Quote
glafaille Posted January 20, 2016 Report Posted January 20, 2016 Do you have all of the logs? I agree with KSM, few sellers have their logbooks scanned and available for download/email inspection, even fewer have an easy to read SB/SI/AD compliance list. These things would make your plane "stand out" from the crowd and appear well managed and maintained. Would also make it easier for a buyer to evaluate, and help cut down on the phone calls you receive from folks asking simple maintenance questions. Quote
Marauder Posted January 20, 2016 Report Posted January 20, 2016 Here's a worksheet that will help you evaluate what folk value... (it hasn't been updated in a couple of years so it might not reflect overall prices. It should help with relative value of airframe, engine, panel, etc. http://www.vintagemooneygroup.com/M20FValuation.html I wish they would update this valuation to reflect the madness people like you and me have done to our planes. Based on this link, my plane is worth $82,800 and it doesn't show options for glass panels! Or any of the high end engine analyzers. Sent from my iPad using Tapatalk Quote
Bob_Belville Posted January 20, 2016 Report Posted January 20, 2016 1 hour ago, Marauder said: I wish they would update this valuation to reflect the madness people like you and me have done to our planes. Based on this link, my plane is worth $82,800 and it doesn't show options for glass panels! Or any of the high end engine analyzers. Sent from my iPad using Tapatalk Yeah, I made the same point to Phil a couple of years ago. It is Jimmy Garrison's worksheet and I suspect he must have something better since they are so active in the market. I pulled some of his markup from the M20J sheet and applied them to my E. I might entertain an offer for something less than $118k for a 50 year old short body. 1966 M20E $59,480 base value - zero time AF & engine 2960 TTAF -$5,600 ($1.80/hr) 5328 SMOH $0 ($13.hr) Adjust SFRM $0 ( it is a factory zero time but also 12 years old) sub total $53,880 Auto pilot - STEC 50 w Alt Hld $5,000 Prop - Scimitar $2,000 (worksheet has $1500 for a B series Hartzell) 2000 Stormscope - WX-900 $2,000 (reconditioned 2012) 201 windshield $2,000 201 panel/glareshield $2,000 (complete new panel 2012 better than 201!) 201 cowl $2,000 One Piece Belly $1,000 O&N Bladders $1,000 speed brakes $2,000 2000 Other mods: 1) Oil cooler relocated 2) Mooney 201 Spinner & spinner bulkhead assys 3) Dorsal Fin Fairing 4) Tail Root Fairing Horizontal 5) Wheel well liner covers 6) Wing Root Leading Edge Fairing 7) Relocated Cleveland wheel brake assys 8) Hinge cover on Aileron, Elevator, & Rudder assy 9) Aileron lower gap seals 10) Flap gap seals $5,000 ? 5000 sub total $77,880 (paid $54,500 2/2012) since 2/2012: Aspen PFD 1000 $8,220 (cost $13,700 2012) 8220 GPS - GTN 750 $14,000 (cost $18,000 2012) JPI 930 $5,340 (cost $8900 2012) 5340 GDL 88 - ADS-B in & out -traffic, weather $3,000 (cost $4,320, 2013) 3000 GPS 696 $1,000 (panel mount and sync to 750) 1000 CYA100 AOA $500 New 3/16" solar grey windows all around w door vent window $2,000 Powerflow $2,500 (cost $5000 2012) 2500 Fine wire plugs $200 200 leather interior $4,000 excellent - new 2012 total $118,640 29260 1 Quote
glafaille Posted January 20, 2016 Report Posted January 20, 2016 (edited) Apexheli- So I tried to come up with an equipment list based on your info and your pictures. I then ran that data through my 3 sources of price evaluation that I currently use, Mooneyflyer, AOPA and the NAA price estimator on the Trade A Plane website. The NAA price tool allows entry of each piece of installed equipment and is likely the most accurate. I usually average all three to come up with a blended value. My best guess of installed equipment: Garmin GMA340 audio panel TKM MK12 Navcomm King KT76 Transponder S-Tec 30 autopilot Garmin GNS430 with comm no waas I also estimated your prop time at 1000 hours. The Result: AOPA value $32,011 but could not add for the GNC430 or the S-Tec autopilot Mooneyflyer value - $41,800 NAA value - $41,485 In each case I used average paint and interior. I hope this helps. Edited January 20, 2016 by glafaille Quote
Apexheli Posted January 21, 2016 Author Report Posted January 21, 2016 The pic of the plane was from when I bought it in 2011 and had it outside for a couple months until a hangar opened up. Before and after then, the plane has been in a hangar. Plane has been in Houston for the last 9-10 years IIRC, and I think it was in Colorado for a good while before then. I fly it maybe a 100hrs a year now days but I work at the airport and pull it out regularly for a spin around the patch to get the temps up. It's mainly used to get back and forth to Kansas to see the in-laws. When I topped it a couple years back, I took a real good look at the cam and didn't see any pitting. Logs are complete and has been kept in AD LOG format and no damage history. I will get everything in order and make a status sheet like we use on our Helicopters at work. Thanks for all the input, y'all! Doug 1 Quote
Piotrekpdx Posted February 4, 2016 Report Posted February 4, 2016 Hi Doug, when you get ready to sell, please let me know. I'm in no rush, but want to buy an F with an STEC within the next year. Thank you! Piotrek Quote
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