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MOONEY M20C MOTIVATED SELLER

1968 Piper

West Palm Beach, FL Listed 5 days ago

About this aircraft

$70,000 · MOTIVATED SELLER · 1968 Mooney M20C with reliable Lycoming O-360 180HP, 3 Blade McCauley, Beautiful and Unique Paint Scheme!!! Fast and efficient (10gph at 140knots) IFR CERTIFIED / COMPLEX Airframe 5200hrs Eng/Prop 1900hours Flown every week so hours will go up! - 6 pack gauges - Garmin primary comm - JPI EDM 900 - KLN 94 GPS not WAAS - Stratus Transponder ADSB IN/OUT - Transferable Fuel Tank Seal Warranty - 990lbs Useful Load - 52 gallon tank - Fresh annual - Super well kept and frequently flown - and more! Reason to sell: found an amphibian that I’m looking to buy and can’t justify two planes.

Specifications

Year
1968
Total time (TTAF)
5,200 hrs
Engine time (SMOH)
1,900 hrs
Engine
O-360

Avionics & panel

GPS navigator installed

GPS navigator listed. Verify WAAS capability and IFR certification with the owner.

ADS-B OutGPS navigator
  • Garmin primary comm
  • JPI EDM 900
  • KLN 94 GPS
  • Stratus Transponder ADSB IN/OUT
  • 6 pack gauges

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

  • Listed 5 days ago

    Relatively recently listed

  • Price reduced $2,000

    Down 3% from the original $72,000 — a seller motivation signal

  • Approaching TBO

    Only 100 hrs to TBO (5% remaining) — an overhaul (~$22,000) is on the horizon; ask about engine condition and factor it into your offer

  • 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 1,900 hrs since overhaul (SMOH) and the published 2,000 hr TBO for the Lycoming O-360.

100 hrsto TBO

5% of TBO remaining

≈ 1 year to overhaul at its historical pace

100hrs left ÷ this aircraft's ~90 hrs/yr average. A rough projection — your own flying rate will change the timeline.

Engine reserve budget~$1,100/yr · ~$11/hr

Estimated overhaul cost ($22,000) 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 — 5,200 hrs total time across ~58 years. A rule of thumb, not a guarantee.

≈90 hrs/yrTypical

Typical utilization

This airframe has averaged about 90 hrs/year over ~58 years — in the normal range for a personal aircraft: regularly exercised without being worked hard.

Price history

  1. Price reduced· Aug 4, 2026$70,000−$2,000 (-3%)
  2. Listed · Aug 2, 2026$72,000

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

$1,983/mo$23,800/yr

≈ $238 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$70,000 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $8,800 cheaper annually — fly more to see ownership savings.

OwnershipBuy-inMonthlyAnnual
Full ownership (sole)$70,000$1,983/mo$23,800/yr
1/2 share$35,000$1,492/mo$17,900/yr
1/3 share$23,333$1,328/mo$15,933/yr
1/4 share$17,500$1,246/mo$14,950/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

$70,000

$72,000

Co-ownership available

5 co-ownership shares listed for Piper aircraft on ClubHanger.

From $8,000 buy-in — split the fixed costs with a partner instead of owning outright.

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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? →

View the original listing

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

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