Jon Posted January 9, 2023 Report Posted January 9, 2023 What is the current fair market rental rate for an M-20C?
0TreeLemur Posted January 9, 2023 Report Posted January 9, 2023 Renting a complex aircraft is difficult due to insurance requirements. Ordinarily to fly one that doesn't belong to you, you must be a named insured on a policy, which requires that you have a certain amount of time in type. If you had enough time in type, found someone willing to rent to you and add you to their insurance, and passed a check ride, then rental would have to be at least $200/h wet based on what it costs to operate a C. There may be options for renters insurance, but I don't know. 1
MikeOH Posted January 10, 2023 Report Posted January 10, 2023 DuBois Aviation at Chino Airport rents their M20B for $180/hr wet. I'm not sure what their current requirements are for solo flight, but before I owned my own plane I rented this plane and I needed a 10 hour checkout (no prior Mooney time, but I already had hi-perf/complex time. AVEMCO renters policy was all they required.
AIREMATT Posted January 10, 2023 Report Posted January 10, 2023 Might depend on how it’s equipped too. All new panel and avionics with a new engine and interior might be different rate than 50yr old radios and instruments with high time engine and old interior and exterior.
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