Hangar67A Price drop $10,000N231CA

1979 Mooney M20K 231

Name: 1979 Mooney M20K 231
Brand: Mooney
SKU: N231CA
Price: 119900 USD
Availability: InStock

Marianna, FL Listed 2 months ago

See all Mooney M20 for sale

Specifications

Year: 1979
Total time (TTAF): 2,427 hrs

How this stacks up

3 in this listing's favor

Good deal
$13,000 (10%) below the median of 12 similar-year, similar-hours Mooney M20K 231 listings
Listed 2 months ago
Listed longer than ~75% of the 104 comparable Mooney M20K 231 listings still for sale — a seller-flexibility signal
Price reduced $10,000
Down 8% from the original $129,900 — a seller motivation signal
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 — 2,427 hrs total time across ~47 years. A rule of thumb, not a guarantee.

≈52 hrs/yrTypical

Typical utilization

This airframe has averaged about 52 hrs/year over ~47 years — in the normal range for a personal aircraft: regularly exercised without being worked hard.

Price history

Price reduced· Aug 27, 2026$119,900−$10,000 (-8%)
Listed · Jun 18, 2026$129,900

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$23,199/yr

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

$119,900 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $8,199 cheaper annually — fly more to see ownership savings.

Ownership	Buy-in	Monthly	Annual
Full ownership (sole)	$119,900	$1,933/mo	$23,199/yr
1/2 share	$59,950	$1,467/mo	$17,600/yr
1/3 share	$39,967	$1,311/mo	$15,733/yr
1/4 share	$29,975	$1,233/mo	$14,800/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

$119,900

$129,900

~10% above market · $109k median · 104 comps

ClubHanger Estimate

Above market

Asking $10,450 (10%) above the median Mooney M20 listing.

104 other Mooney M20 listings for sale now range $2,500–$345,000 (median $109,450) — this one is priced above 58% of them.

$2,500$345,000

this listingmedian

Deal check

Good deal

Asking $13,000 (10%) below the median of similar-year, similar-hours Mooney M20 listings.

Compared with 12 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 $132,900).

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 2 months ago — on the market longer than ~75% of the 104 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 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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