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N2587W NOW FLYING — ACT FAST!

Name: N2587W NOW FLYING — ACT FAST!
Brand: Mooney
Price: 115995 USD
Availability: InStock

1966 Mooney

Fresno, CA Listed 1 month ago

About this aircraft

$115,995 · THIS CAN BE YOURS TODAY · 1966 Mooney M20C, Garmin GTN 750 WAAS, 430 SMOH engine, fresh June 2026 annual, IFR-ready, Santa Ana, CA Now listed for $115,995. Reach out today for a gorgeous, low-time Mooney at an exceptional value. N2587W is now actively flying again after six years, with 10+ hours recently added, demonstrating that this aircraft is back in the air and ready for its next owner.

Specifications

Year: 1966
Engine time (SMOH): 430 hrs
Annual due: Jun 2026

Avionics & panel

WAAS GPS — IFR-capable

WAAS GPS navigator for LPV precision approaches. No autopilot or glass panel detected in the listing.

WAAS GPS

Garmin GTN 750 WAAS

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

How this stacks up

1 in this listing's favor2 to ask about

Listed 1 month ago
On the market for a month or more — worth asking about negotiating room
Annual may be overdue
The listing states the annual was due Jun 2026 — confirm the aircraft has a current annual before you commit
WAAS GPS — IFR-capable
WAAS GPS navigator for LPV precision approaches. No autopilot or glass panel detected in the listing.
2/5 key specs
Key information is missing — ask the seller about hours, engine time, and registration

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.

Annual inspection

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

Jun 2026Verify

Annual inspection may be overdue

The listing states the annual was due Jun 2026, about 3 months ago — confirm the aircraft has a current annual, and budget ~$2,500 if it still needs one.

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

$1,930/mo$23,160/yr

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

$115,995 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $8,160 cheaper annually — fly more to see ownership savings.

Ownership	Buy-in	Monthly	Annual
Full ownership (sole)	$115,995	$1,930/mo	$23,160/yr
1/2 share	$57,998	$1,465/mo	$17,580/yr
1/3 share	$38,665	$1,310/mo	$15,720/yr
1/4 share	$28,999	$1,233/mo	$14,790/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

$115,995

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

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Pilots looking to co-own

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

See who's looking

Listing trust

1/4

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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