J0nathan225 Posted June 28, 2017 Report Share Posted June 28, 2017 Mooney M20C MOONEY M20C • $61,500 • FLY RIGHT NOW • 1963 M20C TTSN: 4787 - TSMOH:718 - TSPOH:443 - Useful Load: 930lbs - Amazing IFR platform and in excellent condition. Aspen PFD, Garmin 430/WAAS, S-TEC 30 w/Alt. hold and GPSS, Garmin SL-40, GMA-340, Shadin Fuel Flow, JPI-EDM 700 Engine Monitor, O&N Fuel Bladders, LASAR cowl enclosure, LED Landing Light and GTX-327. IFR Cert due May 2019. Annual due November 2017. All logbooks dating back to 1963. This is an excellent aircraft and will be hard to let it go, but I bought a larger plane. I've owned for 5 years Hangared, well maintained, and flown regularly. Email or text gets quickest response. • Contact Eric Davis, Owner - located Selma, NC USA • Telephone: 919-606-7422 • Posted June 12, 2017 • Show all Ads posted by this Advertiser • Recommend This Ad to a Friend • Email Advertiser • Save to Watchlist • Report This Ad • View Larger Pictures I'm still a ~year out from ownership, but I think this M20C checks the block on just about everything I would want. I hope it finds a good short term home for the next year Quote Link to comment Share on other sites More sharing options...
rbridges Posted June 28, 2017 Report Share Posted June 28, 2017 It definitely looks turn key. Great engine time, bladders, good panel. If it checks clean for corrosion, it's a really nice plane. I'm not sure about the price; I haven't been pricing things lately. Seems a little high, but I'm really guessing. Quote Link to comment Share on other sites More sharing options...
N6758N Posted June 28, 2017 Report Share Posted June 28, 2017 It looks very nice on paper, assuming the airframe is as clean as it sounds. Looks more like a 50k airplane to me. Hard to justify 62k for a C model... 1 Quote Link to comment Share on other sites More sharing options...
MB65E Posted June 28, 2017 Report Share Posted June 28, 2017 Contract already signed! -Matt Quote Link to comment Share on other sites More sharing options...
rbridges Posted June 28, 2017 Report Share Posted June 28, 2017 5 minutes ago, MB65E said: Contract already signed! -Matt good planes don't sit on the market long. Quote Link to comment Share on other sites More sharing options...
jasona900 Posted June 28, 2017 Report Share Posted June 28, 2017 Just now, rbridges said: good planes don't sit on the market long. Very true! Quote Link to comment Share on other sites More sharing options...
DXB Posted June 28, 2017 Report Share Posted June 28, 2017 Very nice! I bet it got full price and was worth it if no major issues. Mine's nicer, but it's not for sale Quote Link to comment Share on other sites More sharing options...
Hank Posted June 28, 2017 Report Share Posted June 28, 2017 7 hours ago, N6758N said: It looks very nice on paper, assuming the airframe is as clean as it sounds. Looks more like a 50k airplane to me. Hard to justify 62k for a C model... It wasn't before Obama killed the aircraft market in '08 . . . . I'm not really up on the recovered market pricing since then, it was too depressing just a year after I bought mine. Quote Link to comment Share on other sites More sharing options...
jetdriven Posted June 29, 2017 Report Share Posted June 29, 2017 The entire economy crashed in 2007. Along with it, housing, airplanes, boats, Corvettes etc. the Dow was at 7600 for a while. Quote Link to comment Share on other sites More sharing options...
Hank Posted June 29, 2017 Report Share Posted June 29, 2017 18 minutes ago, jetdriven said: The entire economy crashed in 2007. Along with it, housing, airplanes, boats, Corvettes etc. the Dow was at 7600 for a while. But airplane values dropped off a cliff the day after he fussed at the Big 3 for flying from Detroit to Washington to ask for bailout money. He thought they should have driven and made them fly back, turn around and spend two days on the highway driving down. When they arrived, their jets and my Mooney were worth 30-50% less than the day they originally flew down . . . . Quote Link to comment Share on other sites More sharing options...
LANCECASPER Posted June 29, 2017 Report Share Posted June 29, 2017 2 hours ago, Hank said: It wasn't before Obama killed the aircraft market in '08 . . . . I'm not really up on the recovered market pricing since then, it was too depressing just a year after I bought mine. I don't think he was sworn in until '09. 4 Quote Link to comment Share on other sites More sharing options...
jetdriven Posted June 29, 2017 Report Share Posted June 29, 2017 Just now, Hank said: But airplane values dropped off a cliff the day after he fussed at the Big 3 for flying from Detroit to Washington to ask for bailout money. He thought they should have driven and made them fly back, turn around and spend two days on the highway driving down. When they arrived, their jets and my Mooney were worth 30-50% less than the day they originally flew down . . . . Graphs and industry data don't support that theory. Not at least for piston planes. Cheap jets never recovered but the high dollar expensive ones have never had it better. Values fell off a cliff in 2006 and stabilized in 2009 according to this article, which seems credible. We bought in 2010 and the prices had just recovered significantly so we wanted to get in before they went higher. That and I had been steadily employed after I lost my job for a year in 2007. The prices didn't go higher, but we're trending strongly https://www.aopa.org/news-and-media/all-news/2013/june/01/used-aircraft-values-still-dropping 3 Quote Link to comment Share on other sites More sharing options...
LANCECASPER Posted June 29, 2017 Report Share Posted June 29, 2017 19 minutes ago, Hank said: But airplane values dropped off a cliff the day after he fussed at the Big 3 for flying from Detroit to Washington to ask for bailout money. He thought they should have driven and made them fly back, turn around and spend two days on the highway driving down. When they arrived, their jets and my Mooney were worth 30-50% less than the day they originally flew down . . . . Anything can cause an uptick or downtick in a market, but over the long term, it's always supply and demand that determines value, nothing else. Quote Link to comment Share on other sites More sharing options...
prflyer Posted June 29, 2017 Report Share Posted June 29, 2017 10 minutes ago, Hank said: But airplane values dropped off a cliff the day after he fussed at the Big 3 for flying from Detroit to Washington to ask for bailout money. He thought they should have driven and made them fly back, turn around and spend two days on the highway driving down. When they arrived, their jets and my Mooney were worth 30-50% less than the day they originally flew down . . . . Hank, sorry, but that is not correct. There are many things you can blame Obama for, but airplane values dropping after the economy started crashing in 2007 is not one of them. 3 Quote Link to comment Share on other sites More sharing options...
Bob_Belville Posted June 29, 2017 Report Share Posted June 29, 2017 9 hours ago, DXB said: Very nice! I bet it got full price and was worth it if no major issues. Mine's nicer, but it's not for sale +1 Quote Link to comment Share on other sites More sharing options...
wcb Posted June 29, 2017 Report Share Posted June 29, 2017 Here is my $.02 since mine is also on the market. https://www.controller.com/listings/aircraft/for-sale/19619991/1963-mooney-m20c It all depends on what is important to you. I think at my price point mine is the best but they are certainly different planes for that extra 25k. 1 Quote Link to comment Share on other sites More sharing options...
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