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1978 MOONEY M20J-201 - 28 SMOH

1978 Mooney M20

Elbert, CO Listed today
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About this aircraft

$137,500 · NEW PRICE! · N201AW s/n 24-0420, 3090TT. ONLY 28 SMOH on the Lycoming IO360-A1B6, s/n L20412-51A. Hartzell HC-C2YR-1BFP/F7497 prop, 18.6SNEW. GMA345 audio w/MB, 2 KX155's, 1 w/GS, KT76A Xpndr, GDL-82 ADS-B Out, WX-8 Stormscope, Garmin 496 GPS, KT64 DME, JPI 450 Fuel Flow, JPI EGT/CHT Scanner, Century I Autopilot, Davtron M800 chrono, vertical card compass, copilot PTT. Electroair EIS-41000 electronic ignition, Power Flow Exhaust/GAMI injectors, Rosen visors, Whelen LED landing light, Brackett filter, E/I 8/9, 2018 interior w/leather seats. Useful load 1014. For logs/more info, click on DISPLAY SPECS PAGE.

Specifications

Year
1978
Total time (TTAF)
3,090 hrs
Engine time (SMOH)
28 hrs
Engine
IO360-A1B6

Avionics & panel

IFR-equipped: GPS + autopilot

GPS navigator and autopilot; WAAS capability not specified — verify with owner for LPV approaches.

ADS-B OutAutopilotGPS navigator
  • GMA345 audio
  • KX155
  • KX155 with GS
  • KT76A Transponder
  • GDL-82 ADS-B Out
  • WX-8 Stormscope
  • Garmin 496 GPS
  • KT64 DME
  • JPI 450 Fuel Flow
  • JPI EGT/CHT Scanner
  • Century I Autopilot
  • Davtron M800
  • Electroair EIS-41000 electronic ignition

Equipment list extracted from the seller's description. Verify with logbooks before purchase.

How this stacks up

1 in this listing's favor1 to ask about

  • Priced high

    $12,500 (10%) above the median of 5 similar-year, similar-hours Mooney M20 listings

  • Listed today

    Listed more recently than ~100% of the 46 comparable Mooney M20 listings still for sale

  • Engine has life left

    1,972 hrs to TBO (99% of the 2,000-hr Lycoming IO-360 interval remaining) — an overhaul is well down the road

  • 4/5 key specs

    Most key specs are provided; verify any missing details with the seller

This summary draws on signals shown in detail below — price comps, listing age, maintenance and engine status, and key specs. Read each section for full context. Not an appraisal.

Engine Life

Based on 28 hrs since overhaul (SMOH) and the published 2,000 hr TBO for the Lycoming IO-360.

1,972 hrsto TBO

99% of TBO remaining

≈ 31 years to overhaul at its historical pace

1,972hrs left ÷ this aircraft's ~64 hrs/yr average. A rough projection — your own flying rate will change the timeline.

Engine reserve budget~$1,300/yr · ~$13/hr

Estimated overhaul cost ($26,000) spread over 2,000 hr TBO at 100 hrs/yr — a rule of thumb, not a quote.

Airframe time

Average over the aircraft's life — 3,090 hrs total time across ~48 years. A rule of thumb, not a guarantee.

≈64 hrs/yrTypical

Typical utilization

This airframe has averaged about 64 hrs/year over ~48 years — in the normal range for a personal aircraft: regularly exercised without being worked hard.

Cost to own

Rule-of-thumb estimates — insurance ≈ 1% of price, hangar $7,500/yr, annual inspection $2,500/yr, fuel + oil at your selected hrs/yr. Engine reserve from the panel above is folded into the split. Your actual costs will vary.

As a sole owner

$2,056/mo$24,675/yr

≈ $247 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$137,500 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $9,675 cheaper annually — fly more to see ownership savings.

OwnershipBuy-inMonthlyAnnual
Full ownership (sole)$137,500$2,056/mo$24,675/yr
1/2 share$68,750$1,528/mo$18,338/yr
1/3 share$45,833$1,352/mo$16,225/yr
1/4 share$34,375$1,264/mo$15,169/yr

Buy-in is the asking price split evenly across partners — what you'd each pay to acquire the aircraft (the real figure is negotiated). Fixed costs (insurance, hangar, inspection, engine reserve) split equally by number of partners; fuel/oil is per-pilot since each partner flies their own hours.

Run your own numbers Find a co-owner on ClubHanger

Price

$137,500

~46% above market · $94k median · 46 comps

ClubHanger Estimate

Above market

Asking $43,550 (46%) above the median Mooney M20 listing.

46 other Mooney M20 listings for sale now range $3,500–$345,000 (median $93,950) — this one is priced above 76% of them.

$3,500$345,000
this listingmedian

Deal check

Priced high

Asking $12,500 (10%) above the median of similar-year, similar-hours Mooney M20 listings.

Compared with 5 Mooney M20 listings for sale now within ±5 years and comparable total time — controlling for the two biggest value drivers, so this is a genuine value read (median $125,000).

See all Mooney M20 for sale

Compares this asking price to all Mooney M20 listings — actual value also depends on year, hours, and avionics. An estimate, not an appraisal or an offer.

Listed today — listed more recently than ~100% of the 46 similar Mooney M20 listings for sale now

Co-ownership available

1 co-ownership share listed for Mooney aircraft on ClubHanger.

From $70,000 buy-in — split the fixed costs with a partner instead of owning outright.

Browse Mooney partnerships

Pilots looking to co-own

2 pilots are looking to co-own a Mooney M20 on ClubHanger.

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Listing trust

2/4
  • Complete detailsYear, registration, make/model, and a full description.
  • Maintenance disclosedAirframe (TTAF) and engine (SMOH) times are listed.
  • Transparent priceA real asking price, not "contact for price".
  • Posted by a memberListed by a signed-up ClubHanger member, not a scraped aggregator.
What do these mean? →

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This aircraft is listed on Barnstormers. Contact and full details are on the source site.

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