MOONEY M20R Ovation Price and Operating Costs

Specifications
The MOONEY M20R Ovation, manufactured from 1994 - 1999, requires a 1 person crew and can transport up to 3 passengers. The aircraft has a maximum operating altitude of 20,000', a normal cruise speed of 173 KTS/199 MPH, and a 783 NM/901 SM seats-full range. The MOONEY M20R Ovation has a 2,188' balanced field length and 3,309' landing distance. The cabin measures 03'08" high, 03'07" wide, and 10'06" long. It has a total baggage capacity of 23.00 ft^3; 23.00 ft^3 being internal and 00.00 ft^3 being external.

Pricing
Depending on numerous factors, the average price for a pre-owned MOONEY M20R Ovation is $120,000.00. A $60,000.00 loan over 120 months including $250 per month in interest equates to a $3,008.62 per-period payment. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the MOONEY M20R Ovation has total variable costs of $79,087.50, total fixed costs of $63,315.00, and an annual budget of $142,402.50. This breaks down to $316.45 per hour.