Bargain Buys on AircraftForSale: 1964 Mooney M20C Mark 21/Ranger

$72,500 find ready for a new hangar.

Gemini Sparkle

Key Takeaways:

  • The Mooney M-20C offers an excellent balance of speed (140-145 knots cruise) and affordability, exemplified by a $72,500 model with an efficient, smaller engine.
  • This particular aircraft is largely original (paint, interior, engine, prop) with low airframe time (3,472 hours), presenting a "blank canvas" for personalization.
  • It features no known damage history, digitized logs, reliable manually operated flaps, and a mostly original panel with practical modern upgrades like a Garmin Aera-660 GPS and Stratus ESG ADS-B.
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Speed and affordability are rarely paired as nicely as with an early Mooney. Unlike many other types that depend on large engines to provide raw power, the M-20C, in particular, provides healthy cruise speeds with a smaller, lighter, and less expensive engine. At $72,500 on Aircraft For Sale, today’s bargain continues the trend of providing ample speed at a good value.

With the original paint, interior, engine, and propeller, this Mooney represents a trip back in time as well as a blank canvas that’s ready for your personalization. With a relatively low total time of 3,472 hours, plenty of life remains in the airframe. The seller rates the paint as a 7/10, and the original factory paint scheme nicely compliments the M-20’s lines. 

At 2,314 hours since major overhaul of the engine and prop, the next owner will likely consider a fresh overhaul. Fortunately, sourcing both parts and service for the Lycoming O-360 is simple. And with no known damage history and digitized logs, this example provides a great platform to update to your liking.

Inside, the interior is also charmingly factory original and in decent shape, rated by the seller as 6/10. Like all C-models, this example sports the manually operated flaps that utilize a large, floor-mounted lever for operation. In addition to enabling the pilot to raise or lower flaps at their preferred speed, this also eliminates electric motors and components as potential points of failure.

For the most part, the panel continues the “factory original” theme with a few exceptions. A Garmin Aera-660 GPS provides navigation assistance, a King KX-155 Nav/Com has been installed, and a Stratus ESG provides ADS-B In and Out functionality. Overall, the panel is neat and orderly, with a logical arrangement of switches and circuit breakers. 

According to reports from M-20C owners, the airplane can be expected to provide 140-145-knot cruise speeds. A peek in the flight manual reveals impressive takeoff performance, as well, listing a ground roll of 815 feet and a 50-foot obstacle clearance distance of 1,395 feet at maximum takeoff weight and standard conditions. 

For a charmingly retro example of one of general aviation’s most efficient aircraft, this Mooney has a lot to offer its next owner.

Learn more about Mooney M-20C ownership here.

You can arrange financing of the aircraft through FLYING Finance and quickly calculate your monthly payment using the airplane finance calculator. For more information, email info@flyingfinance.com.

Jason McDowell

Jason McDowell is a private pilot and Cessna 170 owner based in Madison, Wisconsin. He enjoys researching obscure aviation history and serves as a judge for the National Intercollegiate Flying Association. He can be found on Instagram as @cessnateur.
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