Releasing Mooney for prebuy...

[Will.iam]

2 hours ago, RJBrown said:

Every deal is different.

when I bought 231NH it was in the Denver metro area. I drove to his house, on a airport, we flew together to the local Mooney Dealer/repair shop Arapahoe Aero. We were both present for the prebuy.

When I sold 231NH the buyer paid me to fly it to Top Gun, paid my hotel bill while the plane was checked. Then paid my airline ticket to Denver. Top Gun then did a annual. Buyer paid my airline ticket back to California. We flew it together to Las Vegas. He left it there for 90 days because of sales/use tax rules. Funds transferred from Vegas he paid my flight home. The Vegas deal saved him $17,500 in state taxes.

Purchase of 1079V. It was based in Greeley Colorado. I inspected and flew with him there. He flew it to Arapahoe Aero for prebuy. We closed through escrow.

When I sold it the buyer trusted the recent annual at Arapahoe Aero. No prebuy. 
each time the planes were as represented and both parties were happy afterwards.

While shopping I found a Bravo in Texas. I flew there, test flew and had a prebuy done in Denton Texas at US Aviation, a Mooney Service Center.

The plane was NOT as represented. Seller was not lying about the plane. He had bought it recently without a prebuy and thought he had a great plane. He was forced to sell because of a divorce. He had been had by the California lawyer that saw him coming. I made a corresponding offer and was turned down. 6 months later he sold it for less than I offered. Between the Crooked lawyer and the exwife he got screwed over in the deal. Poor guy shoulda had a pre nup and a pre buy. Cost him close to $100,000 to own a plane he flew just a few times. Hate to think what the good doctor paid for Her Services.
 

each time the buyer paid the costs associated with the pre buy. Each was done at a Mooney Service center.
The money to prebuy and then pass on the Bravo was money well spent.  

I didn’t know US Aviation was a MSC. Have you or anybody used them for an annual before?