mattcheston Posted December 2, 2018 Report Posted December 2, 2018 (edited) New user here, looking to maybe join the Mooney club. I'm moderately interested in this M20K. Seems a touch expensive for its current unassembled condition and I have no idea how I'd get it back to Colorado. Any thoughts? https://www.barnstormers.com/classified_1422308_Mooney+M20K+.html Edited December 2, 2018 by mattcheston Quote
ArtVandelay Posted December 2, 2018 Report Posted December 2, 2018 Full disclosure, I’ve never restored a plane, but IMO...You’d have to separate the wings from the fuselage and truck it.See the rust on the shafts of the yokes? That’s going to be everywhere: inside the engine, switches, motors...Do you like flying an airplane or working on them?Hasn’t flow in 28 years?!Engine/turbo overhaul: $50,000Upgrade panel: $50,000Disassembled, transport, reassemble, finish painting, various airframe repairs: $50,000They said they have to move it by end of the month, how you going to get that done?I would not pay more than the going salvage price. Quote
JRam Posted December 2, 2018 Report Posted December 2, 2018 I'll also caveat and say that I'm learning every day and have zero mechanical capabilities. But if I was to share the collective insight from everyone on this board that I have read over the past few months it would be this: Unless you are an A&P just looking for a project and have a lot of spare money...run away. Quote
LANCECASPER Posted December 2, 2018 Report Posted December 2, 2018 6 hours ago, mattcheston said: New user here, looking to maybe join the Mooney club. I'm moderately interested in this M20K. Seems a touch expensive for its current unassembled condition and I have no idea how I'd get it back to Colorado. Any thoughts? https://www.barnstormers.com/classified_1422308_Mooney+M20K+.html There's been a lot of discussion on this airplane already. It's been sold. Quote
LANCECASPER Posted December 16, 2018 Report Posted December 16, 2018 It looks like it is for sale again: https://www.ebay.com/itm/1979-Mooney-M20K-231-NO-RESERVE/173690306475?hash=item2870bfbfab:g:TQAAAOSwSONcEt80:rk:12:pf:0 Quote
Cyril Gibb Posted December 16, 2018 Report Posted December 16, 2018 Lowball cost would be absolute (very unlikely) minimum total assuming no tank leaks, no missing parts, no major corrosion, no damage found, some avionics from ebay, no surprises, etc. Maybe cost would be more reasonable based on almost 30 years of rotting. Obviously there's almost no upper limit. Even if you remove labour it's no bargain considering hanger and other fixed costs during the 6 months to a year of full time personal commitment. 1 Quote
gsxrpilot Posted December 16, 2018 Report Posted December 16, 2018 What blows my mind is that someone would buy this thinking they'd show up with a ferry permit and fly it home. I know the ask was only $15k but that's still too much for me to just take a flyer on, literally sight unseen. Quote
M016576 Posted December 16, 2018 Report Posted December 16, 2018 4 minutes ago, gsxrpilot said: What blows my mind is that someone would buy this thinking they'd show up with a ferry permit and fly it home. I know the ask was only $15k but that's still too much for me to just take a flyer on, literally sight unseen. I don’t think you could even get a ferry permit issued by the FSDO inspector for this plane, it’s in so many pieces. 1 Quote
gsxrpilot Posted December 16, 2018 Report Posted December 16, 2018 Exactly. Take a look at the Ebay ad for this. It's remarkably detailed. And the seller says... I purchased recently in hopes of being able to ferry it home before the end of 2018. After purchasing it, I realized that it is going to take a bit more work than I was ready for (particularly on the engine) to get it ready to ferry, and I would rather not go through disassembly for road transport. He was going to ferry it from Hayward, CA to Austin, TX. Hmmmm.... Austin, TX? I wonder if I know this guy. 1 Quote
M016576 Posted December 16, 2018 Report Posted December 16, 2018 7 minutes ago, gsxrpilot said: Exactly. Take a look at the Ebay ad for this. It's remarkably detailed. And the seller says... I purchased recently in hopes of being able to ferry it home before the end of 2018. After purchasing it, I realized that it is going to take a bit more work than I was ready for (particularly on the engine) to get it ready to ferry, and I would rather not go through disassembly for road transport. He was going to ferry it from Hayward, CA to Austin, TX. Hmmmm.... Austin, TX? I wonder if I know this guy. Got to hand it to the guy- he’s trying to be honest. the details about the camshaft seeming to be worn irregularly and the lifters showing pitting... the avionics that do and do not turn on under power. 15K? That might actually be more than fair salvage pricing. But I don’t know if I’d want to rebuild the thing. Quote
carusoam Posted December 16, 2018 Report Posted December 16, 2018 +1 for honesty! -1 for value trap... A plane like this may be good for.... mechanic with shop space 50-100amu working capital Ability to transport the carcass 1000 hours of time to dedicate to the project... These items would be helpful to make a project like this viable... If you are an ordinary PP, Be cautious of the value trap... paying a mechanic to do this work for you, will become incredibly expensive until the project is in AW condition. This is expert level kind of work. The opposite end of the spectrum from first time owner. Even dismantling and selling off parts is better for the expert like Mr. Sandford... Things to consider before embarking on a project of this scale... One thing to make you think before jumping... cost just to hangar this project is similar to paying rent.... in some places. Best regards, -a- Quote
Farky Posted December 20, 2018 Report Posted December 20, 2018 If a guy bought a K model like this and didnt want to mess with a turbo, would it be feasible to just hang an IO-360 on the front and basically have a J model? Or is there other differences? I know very little about Mooneys in general and have been reading this forum the past little while trying to learn a few things as I believe the Mooney fits pretty well with what I want to do. Quote
LANCECASPER Posted December 20, 2018 Report Posted December 20, 2018 2 hours ago, Farky said: If a guy bought a K model like this and didnt want to mess with a turbo, would it be feasible to just hang an IO-360 on the front and basically have a J model? Or is there other differences? I know very little about Mooneys in general and have been reading this forum the past little while trying to learn a few things as I believe the Mooney fits pretty well with what I want to do. You'd need an STC for that which would cost 100's of 1,000's of dollars. Quote
thinwing Posted December 20, 2018 Report Posted December 20, 2018 Sold on EBay for 16,200...a nice 1200 profit Quote
carusoam Posted December 21, 2018 Report Posted December 21, 2018 Welcome aboard Farky... Changing major equipment out of certified type aircraft requires following a few rules... Selecting a different engine than the airframe has had in the past would require testing to prove a myriad of things... An example of this is the J that became a Missile by changing the engine to an IO550.... Look up all the STCs for the M20K to see if there is an engine that is available... Compare the costs, you may find some opportunities out there... Writing an STC is a full time job for some people.... so generating an STC gets expensive quickly. The Experimental category is great for selecting airframes and engines with a lot of latitude.... Best regards, -a- Quote
gsxrpilot Posted December 21, 2018 Report Posted December 21, 2018 36 minutes ago, Farky said: If a guy bought a K model like this and didnt want to mess with a turbo, would it be feasible to just hang an IO-360 on the front and basically have a J model? Or is there other differences? I know very little about Mooneys in general and have been reading this forum the past little while trying to learn a few things as I believe the Mooney fits pretty well with what I want to do. Let me summarize what Anthony @carusoam is saying in answer to your question.... "No" 1 Quote
Yetti Posted December 21, 2018 Report Posted December 21, 2018 well in theory if you had a J data plate and a A1A and engine mount laying around.... and wanted to work on a plane vs. wanting to fly a plane. It's still a big Nope. 1 Quote
Farky Posted December 21, 2018 Report Posted December 21, 2018 2 hours ago, carusoam said: Welcome aboard Farky... Changing major equipment out of certified type aircraft requires following a few rules... Selecting a different engine than the airframe has had in the past would require testing to prove a myriad of things... An example of this is the J that became a Missile by changing the engine to an IO550.... Look up all the STCs for the M20K to see if there is an engine that is available... Compare the costs, you may find some opportunities out there... Writing an STC is a full time job for some people.... so generating an STC gets expensive quickly. The Experimental category is great for selecting airframes and engines with a lot of latitude.... Best regards, -a- I didn't realize it was that extensive......thanks for the explanation. Quote
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