Fighterpilot1232 Posted August 7, 2017 Report Posted August 7, 2017 So, Earlier I was browsing Trade-a-plane. I came across this 1971 Aerostar E model. I'm looking over the ad and it is advertised as having "New Glass", "Leather" and a "Fresh annual". With a fresh beautiful paint job done in 2015! But, what I cannot get over with this bird is the extreme low price of it listed at $37,000. There has to be something wrong with it at that price. Corrosion on the spar maybe, can anyone elaborate? The engine is low time as well, 450 SMOH. 4200 TTAF Link: https://www.trade-a-plane.com/search?category_level1=Single Engine Piston&make=MOONEY&model=M20E&listing_id=2275515&s-type=aircraft Quote
Raptor05121 Posted August 7, 2017 Report Posted August 7, 2017 I think they found some bad juju when that had that interior redone this year. Quote
carusoam Posted August 7, 2017 Report Posted August 7, 2017 It seems to have the butler buttonhook tail and stinger still in place... There is nothing wrong with the model. But the description and pictures are really missing... maybe the pictures are only available in daylight hours... Best regards, -a- 1 Quote
Fighterpilot1232 Posted August 7, 2017 Author Report Posted August 7, 2017 Just now, carusoam said: It seems to have the butler buttonhook tail and stinger still in place... There is nothing wrong with the model. But the description and pictures are really missing... maybe the pictures are only available in daylight hours... Best regards, -a- Yeah, with the lack of details it leaves me to wonder why it has so many ups and not so many downs for the price? Quote
Hank Posted August 7, 2017 Report Posted August 7, 2017 I'd guess the panel is close to original, and needs serious updaring--DME, ADF, etc. There's no mention of GPS either, and that makes them hard to sell now. Quote
Danb Posted August 7, 2017 Report Posted August 7, 2017 That's what I'm thinking close to original panel Quote
Bob_Belville Posted August 7, 2017 Report Posted August 7, 2017 Same owner for at least 11 years, I might guess it hasn't been flown, perhaps the owner of record, Eugene A. Brown, has died or lost his physical. It would be worth a call for more details. It lists an autopilot, if the engine is okay and there's no spar corrosion that would be a fair price even if the panel is original. Pretty plane: http://flightaware.com/photos/view/168017-8409bc6127944c012a28fc2e71f057a9e4c42df5 http://flightaware.com/photos/view/168017-894dd6dc646d5b692bebed07b9368f9300d0d46d Quote
gsxrpilot Posted August 7, 2017 Report Posted August 7, 2017 It's a classic case of a quick paint and carpet job to get it sold. I don't know, but I'd bet the plane has been sitting or neglected for some time. They've now decided to sell and are making it look nice to sell quick. The panel is most certainly all original and no autopilot, just a wing leveler. Quote
Bob_Belville Posted August 7, 2017 Report Posted August 7, 2017 8 minutes ago, gsxrpilot said: It's a classic case of a quick paint and carpet job to get it sold. I don't know, but I'd bet the plane has been sitting or neglected for some time. They've now decided to sell and are making it look nice to sell quick. The panel is most certainly all original and no autopilot, just a wing leveler. The ad claims a 2 axis autopilot, in my lexicon that's not a wing leveler but... The pics I added from flightAware claim to be from 5 years ago while the ad says 2015 for the paint. It's worth a call. The TaP ad is inadequate. 2 Quote
Browncbr1 Posted August 7, 2017 Report Posted August 7, 2017 beware of the Sherwin Williams overhaul. 1 2 Quote
Fighterpilot1232 Posted August 7, 2017 Author Report Posted August 7, 2017 2 hours ago, Browncbr1 said: beware of the Sherwin Williams overhaul. That's a first, never heard that one Quote
Guitarmaster Posted August 7, 2017 Report Posted August 7, 2017 Or it could be the deal of the century. Go look at it and see what you think.Sent from my XT1585 using Tapatalk 2 Quote
StinkBug Posted August 9, 2017 Report Posted August 9, 2017 On 8/7/2017 at 5:44 AM, Bob_Belville said: The ad claims a 2 axis autopilot, in my lexicon that's not a wing leveler but... The pics I added from flightAware claim to be from 5 years ago while the ad says 2015 for the paint. It's worth a call. The TaP ad is inadequate. My bet would be on the Brittain AP unit that ties into the wing leveler. I have it in my plane, and it does a good job of following a course when on a long flight, but that's about it. Quote
Mooneymite Posted August 9, 2017 Report Posted August 9, 2017 Dawsonville is close to Joey Cole. http://www.coleaviation.com Might be worth a call to Joey to see what/if he knows about the plane. Quote
steingar Posted August 9, 2017 Report Posted August 9, 2017 Saw an E go for about the in my one-horse town. Nice one too, with an IFR GPS (albeit an old one). Still had the curtains. Quote
HRM Posted August 9, 2017 Report Posted August 9, 2017 On 8/7/2017 at 4:33 PM, Guitarmaster said: Or it could be the deal of the century. Go look at it and see what you think. My thought exactly. Quote
dgrami Posted August 9, 2017 Report Posted August 9, 2017 I called the seller and he said the plane was sold this past weekend. Quote
Mooneymite Posted August 9, 2017 Report Posted August 9, 2017 I hope you gave him your number. As you know, deals fall through. Quote
steingar Posted August 9, 2017 Report Posted August 9, 2017 Could be the seller just wanted it gone. I probably took a good-sized hit trading my Cherokee for my Mooney. But I was happy to take it, didn't need two airplanes sitting around for months. Quote
dgrami Posted August 9, 2017 Report Posted August 9, 2017 I actually called the seller about 3 weeks ago. He really did not know much about the airplane as his son did all the flying, could not tell me anything about the avionics, just said it flew straight and level and had no corrosion or hail damage. He did say the autopilot, which I guessed might have been a Brittain Accutrak or something similar, worked sometimes, but would need to be overhauled. After about 20 minutes on the phone all I came away with was this plane was based at Bill Elliot's (NASCAR driver) private field in his hangar, had a gear up on a grass field about 20 years ago, damage was minimal and repairs were done by a local mechanic. I asked a lot of questions regarding the history of the plane for which he did not have answers. Finally I asked for some close up pictures of the panel and a couple of logbook pictures of the last annual and he said it would take him some time to get that. In closing he said come on over, look at the plane, and if I didn't like it I could go back home. He was polite, but certainly did not want to put any work or time into selling the plane. The first $37K took it. And I found this interesting, I searched the FAA database and found the plane was registered not to him, but to another individual in south central GA. I also thought this might be a diamond in the rough, but after that phone call I thought it better to look at other aircraft. Quote
gsxrpilot Posted August 9, 2017 Report Posted August 9, 2017 Chances are someone paid $37K for a really nice $25K airplane. There are no barn finds in this business. #keepingalist Quote
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