MOONEY M20K 305 ROCKET

1980 Mooney M20

Specifications

Year

1980

Total time (TTAF)

2,865 hrs

Engine time (SMOH)

406 hrs

Engine

Continental TSIO-520-NB

Avionics & panel

• Aspen EFD1000 Primary Flight Display
• JP Instruments EDM-830 Engine Monitor
• Garmin GTN-750 Navigation System
• PS Engineering PMA8000BT Audio Panel
• STRATUS ESG Transponder w/ ADS-B Out/In
• King KFC-200 Autopilot
• Hoskins CFS-1001 Fuel Flow Indicator
• Artex ELT-1000
• Aviators Breathing Oxygen System

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

How this stacks up

• Priced high

  $54,000 (43%) above the median of 5 similar-year, similar-hours Mooney M20 listings

• Listed today

  Listed more recently than ~100% of the 46 comparable Mooney M20 listings still for sale

• Engine has life left

  994 hrs to TBO (71% of the 1,400-hr Continental TSIO-520 interval remaining) — an overhaul is well down the road

• Full IFR touring setup

  Glass panel, WAAS GPS, and autopilot — everything needed for instrument cross-country flying.

• 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 406 hrs since overhaul (SMOH) and the published 1,400 hr TBO for the Continental TSIO-520.

Airframe time

Average over the aircraft's life — 2,865 hrs total time across ~46 years. A rule of thumb, not a guarantee.

Typical utilization

This airframe has averaged about 62 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. Engine reserve from the panel above is folded into the split. Your actual costs will vary.

At 100 hrs/yr, renting at $150/hr would be $11,647 cheaper annually — fly more to see ownership savings.

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.