1981 Mooney 201 for sale

1981 Mooney 201

Single Engine Piston

FOR SALE
$79,000
Location Penn Yan, New York
Total Time 4,100 hrs
Engine SMOH 2,136 hrs
Seats 4
Serial # 24-1121
Reg # N241RC
Engine Lycoming O-320
Cruise 161 kts (298 km/h)
ICAO Type M20P
✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

The aircraft is mostly original equipment with the exception of a Garmin GNS-430 (non-WAAS).

It would be a great candidate for an Avidyne IFD-440 slide in replacement. Stratus Appereo ADS-B Transponder.

Century 41 Autopilot with Altitude Hold and Glide Slope Coupling. Owner reports autopilot fully functional.

Century NSD-360 HSI.

Description

An M20J priced like an M20C. Fly it now, upgrade it as you go. A great chance to get an 80's M20J for a good price. Note, I do not have logs on the plane at this time. The aircraft is located in New York.

Engine

2136 Hours SMOH. Aircraft is currently flying around 100 hours per year. Compressions at 2025 Annual: 76 / 76 / 76 / 78. No metal in oil and consumption is around a quart every 8-9 hours. Owner had planned to fly another 1,000 hours after TBO, but has decided to move into a fixed gear aircraft.

Propeller

753 Hours Since Prop Overhaul (2020). McCauley 2-Blade.

Interior

Fair Interior. Original. Pilot seat has a pretty good tear in it.

Exterior

Fair Paint. Owner calls it a '20 Footer'. It has been painted (it has a mid-90's style Mooney paint scheme. Owner says the side windows are fine but that the windshield will probably need to be replaced at some point, especially if you decide to paint it.

Inspection

Annual is due July 1, 2026. The logs on the aircraft start in 1996 (times determined from old invoices and workorders).

Modifications / STCs

LED Landing Light, Hoskins FT-101 Fuel Totalizer.

Description and equipment details provided by the seller. AeroGurus does not verify seller-provided information.

Price Comparison

Source Price Action
GMax American Aircraft
controller.com
$79,000

Estimate Monthly Payment

Mooney 201 loan calculator

AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Mooney 201

This 1981 Mooney 201 (N241RC) is a 4-seat single engine piston with 4,100 hours on the airframe. There are currently 17 201 aircraft listed for sale with asking prices ranging from $79,000 to $215,000.

The 201 cruises at 161 kts (298 km/h) with a range of 820 nm (1,519 km) — ideal for short hops and local flights. Service ceiling of 18,800 ft allows operation above most weather.

Operating costs: Fuel burn is 10 GPH (38 L/h), which at current 100LL avgas prices (~$6.20/gal) means approximately $62/hr in fuel alone. Total variable cost including maintenance reserves is approximately $140/hr. Annual fixed costs (hangar, insurance, crew, annual inspection) average $18,000. With 4,100 hours on the airframe, this aircraft has exceeded TBO (2,000 hrs) — verify engine status and overhaul reserve.

NTSB records show 0 incidents for this airframe — a clean safety record.

Pre-Purchase Checklist

Safety record: 0 NTSB incidents
Airframe: 4,100 hours — verify engine time vs TBO (2,000 hrs)
Budget $150 for pre-purchase inspection

Mooney 201 — Model Specs

Model specification

Standard specs for this model. Actual aircraft may differ.

Seats
4
Cruise Speed
161 kts (298 km/h)
Max Speed
168 kts (311 km/h)
Range
820 nm (1,519 km)
Ceiling
18,800 ft (5,730 m)
Max Weight
2,740 lbs (1,243 kg)
Useful Load
900 lbs (408 kg)
Horsepower
200 HP
Fuel Capacity
64 gal (242 L)
Fuel Burn
10 GPH (38 L/h)
TBO
2,000 hrs

Estimated Cost of Ownership

AeroGurus estimate

MOONEY 201

Fuel Burn
10.0 GPH
~$65/hr
Variable Cost
$140/hr
fuel + mx + reserves
Annual Fixed
$18,000/yr
hangar + insurance + annual
Engine Overhaul
$30,000
every 2,000 hrs

AeroGurus estimates based on industry averages for the MOONEY 201. Actual costs vary by location, usage, maintenance history, and configuration. Not a financial quote.

Ownership & Registration

FAA registration data pending for N241RC.

Location & Ownership

FAA records

Aircraft Location

Penn Yan, New York

Seller reported 27 more aircraft in New York →

Title Status

No FAA title records

Available for US-registered aircraft only

Source: FAA Aircraft Registry, FAA Civil Aviation Registry (DocIndex). Title data may be delayed. Always verify with an aviation attorney before purchase.

Safety Record

NTSB safety data coming soon.

We'll check N241RC against the NTSB accident database.

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Prices and listings re-checked on a rolling cycle — most within a few days · Data: FAA Registry, NTSB · About our data
Disclaimer: All prices, cost estimates, and market values shown are based on asking prices from third-party sources and are provided for informational purposes only. AeroGurus is not an appraiser, broker, or financial advisor. Always obtain a professional appraisal and independent inspection before making a purchase decision. Actual transaction prices may differ from asking prices.