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1980 MOONEY M20K 231

1980 Mooney M20

Listed today
See all Mooney M20 for sale

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

IFR-capable: WAAS GPS + autopilot

WAAS GPS for precision approaches and autopilot for cross-country — a solid IFR panel.

AutopilotWAAS GPS
  • 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

1 in this listing's favor1 to ask about
  • 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.

69 hrs/yrTypical

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

$1,947/mo$23,359/yr

$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.

OwnershipBuy-inMonthlyAnnual
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 market

Asking $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.

$2,500$345,000
this listingmedian

Deal check

Priced high

Asking $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).

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 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 partnerships

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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