252 value

[Falcon Man]

I may need to sell my 1986 252 due to pending medical issues. Surveying the market shows online 252's priced ~200K and above. Most have been on the market for the last 6-12 months and there are more 252/Encores on the market at one time than in the  past > 20 years. I can remember the time when a 252 would be gobbled up as soon as it hit the market.

For whatever reasons (all speculative) the supply outpaces the current demand. Obviously an airplane is worth whatever a buyer wants to pay.

For those who have sold an airplane before I ask is a vRef or professional appraisal worth the effort when trying to determine an asking price?

[201Steve]

I think you answered your own question. 
 

some folks on here will recommend some “Mooney value guide” that was built 3 years ago by a broker, but such as you say, it’s what someone is willing to pay given the market conditions. Value guides are good for stuff with no current comparables on the market. Since there are several, I’d take all the metrics into account (how long it’s sat, your desired sale speed,etc) and then price it plus or minus relative to the current field. 

[Pinecone]

The other option is to contact Jimmy Garrison at GMAX or Richard Simile at Thunderbird to list your plane and have them discuss value.

I see 4 on Controller.   One is the last K made. 

There is one on Controller listed as a 97 Encore, but it is a 305 Rocket Conversion.

What the numbers (TT, SMOH, Prop) and avionics?  Paint?  Interior?

[Ragsf15e]

1 hour ago, Pinecone said:

The other option is to contact Jimmy Garrison at GMAX or Richard Simile at Thunderbird to list your plane and have them discuss value.

I see 4 on Controller.   One is the last K made. 

There is one on Controller listed as a 97 Encore, but it is a 305 Rocket Conversion.

What the numbers (TT, SMOH, Prop) and avionics?  Paint?  Interior?

I think that last part is key.  The price to OH a TSIO-360 is high which makes TSMOH pretty important.  Couple that with the exorbitant cost of installing full modern avionics/AP, and a low tsmoh airplane with new avionics could be worth $100k or maybe more than a high time original?  
Possibly Im making myself feel better, but I paid the upper end of 252 values for an airplane with original paint (reasonable condition) and original interior (yellowed).  However, it ha been converted to Encore, less than 200 hours on the engine (done in 2022), all new avionics and AP, newly sealed tanks (with Monroy tanks) and a few other niceties.  There are lots of variables to put together to determine the value.

[Falcon Man]

I have bought and sold six airplanes and only used a broker twice. Much easier for me to pursue private party.

N252PR  TT ~ 1850, ~ TSMOH 750, DH - nose gear collapse, TTSIRAN - 120 hrs - new prop/cylinders, all accessories OH.

Original paint and interior - 7-8/10 condition, leather seats, Royalite panels are cloth covered.

Steam gauge six pack, Avidyne IFD 440 FMS/GPS/NAV/COM, JPI EDM 900, AV-20 MFD/AOA, PS PMA8000BT audio panel, Guardian CO2 monitor,KFC 150, KAS 297B, KX 165 NAV/COM/GS, Landing height system, Garmin 345 transponder, ADSB In/Out, dual vacuum and alternators.

N252PR Panelpdf.pdf