1980 MOONEY M20K 231
1980 Mooney M20
About this aircraft
$135,900 · AVAILABLE FOR SALE · 1980 Mooney M20K 231 with Merlyn Black Magic waste gate and Turbo Plus intercooler. TT 3175, Engine TSOH 1425, Recently Installed 4 repaired cylinders with new pistons and rings as well as one OH cylinder. CHT's within 50 degrees (325-360 average) Aircraft flies POH numbers /Merlyn Waste gate w/ intercooler additions. Registration N888BC. Speed Brakes, WAT G3 LED land & taxi lights, strobe & nav. RobowTow, Rosin shades Garmin GTN 750, GMC 35 remote GTX 345, Area 760 hardwired, Aspen EFD 1000 Pro MAX, KFC 200, UBC 16 analyzer, Heated prop & pitot. Fresh annual, Logs available via PDF.
Specifications
- Year
- 1980
- Total time (TTAF)
- 3,175 hrs
- Engine time (SMOH)
- 1,425 hrs
Avionics & panel
WAAS GPS for precision approaches and autopilot for cross-country — a solid IFR panel.
- Garmin GTN 750
- GMC 35 remote
- GTX 345
- Area 760
- Aspen EFD 1000 Pro MAX
- KFC 200
- UBC 16 analyzer
Equipment list extracted from the seller's description. Verify with logbooks before purchase.
How this stacks up
Priced high
$16,000 (13%) above the median of 5 similar-year, similar-hours Mooney M20 listings
Listed today
Listed more recently than ~100% of the 55 comparable Mooney M20 listings still for sale
IFR-capable: WAAS GPS + autopilot
WAAS GPS for precision approaches and autopilot for cross-country — a solid IFR panel.
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 — 3,175 hrs total time across ~46 years. A rule of thumb, not a guarantee.
Typical utilization
This airframe has averaged about 69 hrs/year over ~46 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. Your actual costs will vary.
As a sole owner
≈ $234 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)
$135,900 to buy (the asking price)
At 100 hrs/yr, renting at $150/hr would be $8,359 cheaper annually — fly more to see ownership savings.
| Ownership | Buy-in | Monthly | Annual |
|---|---|---|---|
| Full ownership (sole) | $135,900 | $1,947/mo | $23,359/yr |
| 1/2 share | $67,950 | $1,473/mo | $17,680/yr |
| 1/3 share | $45,300 | $1,316/mo | $15,786/yr |
| 1/4 share | $33,975 | $1,237/mo | $14,840/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.
Price
$135,900
~46% above market · $93k median · 55 comps
ClubHanger Estimate
Above marketAsking $42,900 (46%) above the median Mooney M20 listing.
55 other Mooney M20 listings for sale now range $2,500–$345,000 (median $93,000) — this one is priced above 82% of them.
Deal check
Priced highAsking $16,000 (13%) 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 $119,900).
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 55 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 partnershipsListing 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.
View the original listing
This aircraft is listed on Barnstormers. Contact and full details are on the source site.
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