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1984 MOONEY M20J 201

Name: 1984 MOONEY M20J 201
Brand: Mooney
Price: 119000 USD
Availability: InStock

1984 Mooney M20

Wonder Lake, IL Listed 3 months ago

See all Mooney M20 for sale

About this aircraft

$119,000 · MUST GO NOW! · Priced to Sell. 3,960 AFTT, 2,400 SOH to New Limits, 1,368 STOH, 200 HP IO-360. 155+ KTAS at 11.5 GPH, 690 NM range, 64-gallon capacity, 894 lb useful load. Garmin G5 HSI, GNS 430W, KX-165, KT-74 ADS-B Out, KAP 150 autopilot, speed brakes, AmSafe airbag belts and Tanis heater. Paint 7/10, 2021 interior 9/10, complete logs, no corrosion, damage or hail. 78/80 compressions, no metal, smooth-running engine with CHTs within 10 degrees. Annual due May 2027. Reasonable offers considered. Cornerstone Aircraft Sales, Galt Airport (10C).

Specifications

Year: 1984
Total time (TTAF): 3,960 hrs
Engine time (SMOH): 2,270 hrs
Annual due: May 2027
Damage history: None reported

Avionics & panel

Autopilot installed

Autopilot listed but no GPS navigator detected. Ask the owner about the full IFR navigation suite.

ADS-B OutAutopilot

Garmin G5
Garmin 430W
King KX-165
KT-74 ADS-B Out transponder
King 150 autopilot

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

How this stacks up

4 in this listing's favor

Good deal
$55,500 (32%) below the median of 5 similar-year, similar-hours Mooney M20 listings
Listed 3 months ago
Listed longer than ~80% of the 105 comparable Mooney M20 listings still for sale — a seller-flexibility signal
Annual current
The listing states the next annual is due May 2027 — about 8 months of inspection time remaining
No damage reported
The listing reports no prior damage — the seller's description, not the logbooks, so confirm it at a pre-buy
3/5 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.

Airframe time

Average over the aircraft's life — 3,960 hrs total time across ~42 years. A rule of thumb, not a guarantee.

≈94 hrs/yrTypical

Typical utilization

This airframe has averaged about 94 hrs/year over ~42 years — in the normal range for a personal aircraft: regularly exercised without being worked hard.

Annual inspection

Required every 12 calendar months. Read off the listing's stated annual-due date — confirm against the logbooks.

May 2027Current

Annual inspection current through May 2027

The listing states the next annual is due May 2027 — roughly 8 months of inspection time remaining. Budget ~$2,500 for the annual when it comes due.

Damage history

Reported in the listing — confirm against the airframe and engine logbooks.

No damage history reportedNone reported

This listing reports no prior damage. That is a positive sign, but the flag reflects the seller’s description, not the logbooks — confirm it during a pre-buy. Undocumented or unrepaired damage is a classic red flag, so have an independent inspector review the airframe and engine records before you commit.

Pre-purchase inspection guide

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. Your actual costs will vary.

As a sole owner

$1,933/mo$23,190/yr

≈ $232 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$119,000 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $8,190 cheaper annually — fly more to see ownership savings.

Ownership	Buy-in	Monthly	Annual
Full ownership (sole)	$119,000	$1,933/mo	$23,190/yr
1/2 share	$59,500	$1,466/mo	$17,595/yr
1/3 share	$39,667	$1,311/mo	$15,730/yr
1/4 share	$29,750	$1,233/mo	$14,798/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) 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

$119,000

Around market · $120k median · 105 comps

ClubHanger Estimate

Around market

Asking price is around the median for Mooney M20 listings.

105 other Mooney M20 listings for sale now range $2,500–$345,000 (median $119,500) — this one is priced above 50% of them.

$2,500$345,000

this listingmedian

Deal check

Good deal

Asking $55,500 (32%) below 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 $174,500).

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 3 months ago — on the market longer than ~80% of the 105 similar Mooney M20 listings for sale now — seller may have flexibility

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

GPS navigator
$70,000 buy-in
1999 Mooney Screaming Eagle
Palo Alto, CA

Pilots looking to co-own

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

See who's looking

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.

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