MOONEY M20K Encore Price and Operating Costs

Specifications
The MOONEY M20K Encore, manufactured from 1997 - 1998, requires a 1 person crew and can transport up to 3 passengers. The aircraft has a maximum operating altitude of 25,000', a normal cruise speed of 165 KTS/190 MPH, and a 852 NM/981 SM seats-full range. The MOONEY M20K Encore has a 1,706' balanced field length and 3,207' landing distance. The cabin measures 03'08" high, 03'07" wide, and 06'07" long. It has a total baggage capacity of 20.00 ft^3; 20.00 ft^3 being internal and 00.00 ft^3 being external.

Pricing
Depending on numerous factors, the average price for a pre-owned MOONEY M20K Encore is $175,000.00. A $87,500.00 loan over 120 months including $364.58 per month in interest equates to a $4,387.58 per-period payment. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the MOONEY M20K Encore has total variable costs of $78,862.50, total fixed costs of $63,415.00, and an annual budget of $142,277.50. This breaks down to $316.17 per hour.