Guesstimate me what this is worth

'77 Mooney 201
~5000 TT
1000 SFRM (2014), 950 since teardown (porpoise propstrike)

Plain 430, Stec30/GPSS, JPI - otherwise unremarkable steam panel
Paint is horridly awful
Leather seats in good shape, remainder of the interior (plastic, headliner) is fair

So midtime engine, needs adsB & needs paint, could stand interior/panel.

Thoughts on value. Ultimate question is does the partnership sell this plane or invest in it.

Maybe $64,000?

The sell or fix-up question depends on everyone’s goals and plans (and how long those go into the future)...

I'd put it in the 70K range, if it has recent, steady use and maintenance. Much less if it has been sitting for a while.

Flys around 200 hours/yr

I was at 70k before reading the other replies. I have not really kept up with the 201 values though.

Flys around 200 hours/yr

Researched this last year prior to selling a 79 201. Unless there has been some improvement in the 201 market this is probably low 60s on a good day.

If the question of value is that critical, have the aircraft professionally appraised. Don't rely on any analyses from forums. With all due respect to those who have responded, no one has all of the necessary information to form a creditable, reliable opinion of value.

When hiring a member of the National Aircraft Appraisers Association, you will at least have a report that you can reference and the appraiser should be able to support their conclusions and answer any questions you may have.

The closest member of the National Aircraft Appraisers Association is found by going to their website - http://www.plane-values.com and then use their Appraiser Finder.

Good luck.

A good appraisal is most certainly a benefit. An airplane purchase is an emotional buy most times.........and most certainly an emotional sell. Emotion brings variance to value.............

I think a good 201 is worth $150k

A quick call to Jimmy Garrison at All American might be more valuable for a market valuation than an appraisal. I spent a while watching the market and he confirmed my thinking. Calling him first would have saved me some time. Seems to me that appraisals (for old Mooneys) are more for insurance purposes than for understanding the current market.

How I wish this would have been true last year. I think older 201s are a ridiculous per mile value when compared to a similar vintage cessna and piper products.

Insurance is certainly one reason to have any aircraft appraised - regardless of its age. This is especially the case after any major avionics work, engine overhaul or repairs from a damage event. There are certainly other reasons as well such as buying an aircraft (using the report for negotiating the price), financing the purchase or legal reasons such as partnerships or diminution of value cases.

A professional appraisal will provide an indication of the current Market Value of a given aircraft given all of the parameters that need to be considered. In other words, Market Value is what a knowledgeable/willing buyer and seller would agree upon under normal market conditions with neither party under any pressure to act. Using unverified data (or publications for that matter) tends to introduce a number of errors into the analysis which can alter the outcome or final result.

My experience in speaking with brokers and dealers (with all due respect to those individuals) is that they do not have a complete picture of the aircraft and they are going to reference the publications - which is not the best resource to use unfortunately. They may have a reasonably good idea of what they can sell the aircraft for but that number may or may not represent the subject aircraft's market value due to the limited information provided, the data they are relying on along with any biases of the broker/dealer.

Good luck.

Agreed, I've seen quite an uptick in folks asking me about them now that they are back in production. Mooney is a seriously well built airplane and truly a fantastic IFR platform.........I love mine.

That's a lovely concept. It's sounds seductively reasonable. I don't think it applies to anything in piston GA except Cirri and restart Cessnas. The market for everything else is just too heterogenous. The number of transactions with a knowledgable part on BOTH sides? ha ha ha.

That's a lovely concept. It's sounds seductively reasonable. I don't think it applies to anything in piston GA except Cirri and restart Cessnas. The market for everything else is just too heterogenous. The number of transactions with a knowledgable part on BOTH sides? ha ha ha.