1979 MOONEY M20K 231

1979 Mooney M20

Specifications

Year

1979

Total time (TTAF)

2,430 hrs

Engine time (SMOH)

1,502 hrs

Avionics & panel

• Garmin 430W
• Garmin GTX 335
• EDM 700

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

How this stacks up

• Good deal

  $9,800 (8%) below the median of 8 similar-year, similar-hours Mooney M20 listings

• Listed 3 months ago

  On the market about as long as the typical one of 92 comparable Mooney M20 listings still for sale

• 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 — 2,430 hrs total time across ~47 years. A rule of thumb, not a guarantee.

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.

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.

At 100 hrs/yr, renting at $150/hr would be $8,199 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) split equally by number of partners; fuel/oil is per-pilot since each partner flies their own hours.