More M20Js for sale?

[201er]

Looks like there's more M20Js for sale at once than in recent memory. When I was looking around there was rarely more than 25-30 listings at once. Do you think there are most listings cause people are getting out or because the market is better and people feel it's a better time to make a sale?

[carusoam]

Like the housing market.... Things are starting to move again.

-a-

[Marauder]

Looks like there's more M20Js for sale at once than in recent memory. When I was looking around there was rarely more than 25-30 listings at once. Do you think there are most listings cause people are getting out or because the market is better and people feel it's a better time to make a sale?

I think it is a little of everything. The markets are up and people are probably feeling there is a chance for higher resale value. Summer is here, so some folks realize this is the best time of the year to sell as well (like home sales).

[scottfromiowa]

Past....kmere....ya, you...I got a secret. THERE ARE A LOT OF OLD PEOPLE IN THE USA AND THEY AIN'T A GETT'N ANY YOUNGER...

[Sabremech]

I like your answer Scott. The young kids have little interest or money to get into aviation. There's only going to be more airplanes sitting and for sale. It's a sellers market with few buyers!!

David

[bumper]

With our aging demographic, I keep waiting for the bottom to fall out of the P-51 market . . . sigh,  oh well . . . by the time it does, I'll probably be too old to care anymore.

[Bill_Carter]

That is sort of disconcerting Scott. I am afraid you and David are correct though. I try to get folks interested in aviation, but no one manages their money well anymore and hence they cannot afford it. Everyone I know, with very few exceptions, is dead broke. The thing that is keeping me from aircraft ownership right now is my location, and we are paying off all of our debt. When I buy, it will be with cash.

[gregwatts]

Buying the airplane isn't the worst part IMHO! It is the $6-$7 per gallon, $15 landing fees, $85 hr shop fees, $100 tiedown fees, etc etc ......I think the ex-wife is possibly cheaper!

[Bill_Carter]

I asked at the airport today how much gas was. It is 2.72€ a liter. Jeeshe, I am in the wrong biz.

[benpilot]

I have the aircraft buyers guide and from 2001-now prices have fallen on used aircraft quite a bit. Used Mooney and Bonanzas are great performance bargain compared to Cirrus and Diamonds.

[OR75]

I have the aircraft buyers guide and from 2001-now prices have fallen on used aircraft quite a bit. Used Mooney and Bonanzas are great performance bargain compared to Cirrus and Diamonds.

what is your point as an expert in the matter ?

[benpilot]

 

not claiming to be an expert just what I am seeing from watching the market as an observer. The 2001 Aviation price guide list used Mooney for 50-100k more back then compared to current market prices. So you can buy a late model Mooney TLS Bravo which was the flagship before Acclaim for much less now than 10 years ago.

[carusoam]

Similar to home prices?

-a-

[benpilot]

 

Yes I have noticed parallels between real estate, aircraft sales, and commodity prices. Here is a useful tidbit, it appears that movie ticket prices mirror hourly minimum wage levels. As a numbers freak, I like watching these things. I have the used aircraft valuation guides which have tips on what to look out for in different aircraft. For instance, Bonanza V-tail are famous for their tail waggle and pilots have to do the Bonanza Boogie. Mooney are very stable airframes but have different feel. So like you say, fly them all, find what you like best and thats the key. If I end up with a Mooney, I'd need the rudder pedal extensions since I am short.

[carusoam]

You being short is one thing, but your legs being short is what counts...

Combine that with your belly size, you can get a feel for what you need.

Look on the tag of your favorite Levi's....

A standard pilot may weigh 170' and have 32” length by 32" width and fit well in a Mooney.

Shorter legs or larger waiste will increase the challenge.

Having $100 - 200k to spend on an airplane is usually the bigger challenge.

Check out that plane that was being sold by Parker...

Best regards,

-a-

[OR75]

 

 

Yes I have noticed parallels between real estate, aircraft sales, and commodity prices. Here is a useful tidbit, it appears that movie ticket prices mirror hourly minimum wage levels. As a numbers freak, I like watching these things. I have the used aircraft valuation guides which have tips on what to look out for in different aircraft. For instance, Bonanza V-tail are famous for their tail waggle and pilots have to do the Bonanza Boogie. Mooney are very stable airframes but have different feel. So like you say, fly them all, find what you like best and thats the key. If I end up with a Mooney, I'd need the rudder pedal extensions since I am short.

 

 

 

parallel with commodity prices ? I wish my Mooney tracked the prices of gasoline or corn

[KSMooniac]

parallel with commodity prices ? I wish my Mooney tracked the prices of gasoline or corn

 

Too bad our tax dollars aren't being used to prop up Mooney...  

[bnicolette]

This is part of what it's going to take: http://www.aopa.org/News-and-Video/All-News/2013/June/11/boy-ready-to-buy-airplane-after-learn-to-fly-day.aspx

[benpilot]

 

Yeah it would be cool to see Mooney back making awesome planes.