In the market for a m20e

[bigmo]

Feel like it'll close for $70K or more. I cant imagine spending that on a plane without a pre-buy. Frankly, that's the normal market price for how its equipped. A smokin' deal lets you accept some risk, but fair market sight unseen makes no sense. 

[MikeOH]

Just now, bigmo said:

Feel like it'll close for $70K or more. I cant imagine spending that on a plane without a pre-buy. Frankly, that's the normal market price for how its equipped. A smokin' deal lets you accept some risk, but fair market sight unseen makes no sense. 

I believe there's also a 5% buyer fee...so, add another $3.5K

[Chaseford10]

@MikeOH there’s a 10%. I thought about putting a bid.. it’ll be around 80k sight unseen said and done. Doesn’t seem worth it 

[MikeOH]

7 minutes ago, Chaseford10 said:

@MikeOH there’s a 10%. I thought about putting a bid.. it’ll be around 80k sight unseen said and done. Doesn’t seem worth it 

10%, Ouch!

Yeah, at $80K I'd pass, too.

[Chaseford10]

@MikeOH  it’s at about $73k right now with the 10% added. It’s probably too much of a risk 

[MikeOH]

30 minutes ago, Chaseford10 said:

@MikeOH  it’s at about $73k right now with the 10% added. It’s probably too much of a risk 

I'd agree, especially sight unseen.  Plenty of future opportunities; IMHO, you need to let a few 'get away' to size up the market and value to you.

[bigmo]

Wow! $80.3K. I'd say that's full retail, maybe a tad over retail considering the hail & overall paint condition. Not a bad plane and not a terrible deal, but most definitely not an item you'd want to take a huge risk on.