Hank S
En-Route
Why would anyone pay over 700 grand for a 200grand mooney !? no wonder GA is dying!
Simple. The 200 grand model is fifteen to twenty years old, radios need upgrading, leather seats are worn, no turbo, no AC. The new ones now (U and V) have two doors, factory AC, one is turbo and one is normally aspirated. Both climb like homesick angels, and carry way too much fuel if filled up. And they are under warranty, easier to depreciate for business use and depreciate more for business use (that can be handy sometimes).
My Mooney only cost a tiny fraction of 200K when I bought it 600 tach hours ago . . . I'll probably never own a new plane, or even a late model, used one.