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Looked at a 67 Mooney? $$ Trap??

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sourdough44

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I have an angle on a 1967 M20F with an IO-360 Lycoming engine, 1200 engine time, airframe about 3000 TT. The aircraft has a handful of 'speed mods', cowl, seals, wing tips, front window.

It has manual gear, which reviews well. The interior is almost new, panel is clean, but nothing fancy, no glass. It has one nav-com, average transponder, maybe 18 years old or so.

The paint looks O.K., but original. Inside it has the green 'zinc' coating throughout. I did talk to the maintainence shop who has done the last few annuals. I realize that's not close to a proper 'PPI'.

I do know the seller, and fairly trust him, though there can be things that he doesn't know. The 'wet wings' have a very slight 'weep'.

The plane has been hangared throughout. I flew my Warrior to visit it, which has been running like a Swiss watch.

I could get this 20F for no more than $30k, but I'm feeling that may be just a starting point. After last nights sleep, and some online checking I'm leaning towards passing.

Any Piper fans have experience with a Mooney? I usually like to go with a newer airframe than what I currently own. I also doubt I would be doing a ton of flying longer distance with it also.

Just some ramblings.
 

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