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Why a Mooney?

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Why a Mooney?

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Low cost to maintain, Fast Aircraft, 950 lbs useful load, ~15/MPG, and all time logged Complex. When I started looking for a plane to own, I decided that what was important to me was getting there. I need a plane that I could take from Atlanta, GA (4A0) to Chambersburg, PA (N68) and get there in a reasonable amount of time. I evaluated Cessna, Tiger, Diamond, Piper, (and last Mooney) To be fair here, I am picking the same year from the performance tables except for Tiger and Diamond, I thought about Cirrus, but 400k was out of the budget. My original budget was 40-80k based on payments, insurance and other factors. I found for instance that the insurance of the plane is linear to the cost. On my AOPA policy it is about $140 per 10k of hull value per year. So 40k more of hull adds at least $560/year in insurance. I looked into some other models like the Piper Lance and various make it yourself types. I learned that I had little interest in waiting a year or two to fly. The cost of the m

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