1999 Mooney Ovation
Single Engine Piston
Aircraft Details
Seller reportedAvionics & Equipment
Description
An IO-550 powered Mooney for sale at a price below a lot of M20J's. 180+ knot speed burner. NOTE: We can quote upgrades if you would like to consider something different in the panel.
Engine
1820 Hours Since Overhaul. Continental IO-550-G (Derated to 244hp). 1000 Hours Since IRAN by Mena Aircraft Engines. Cylinders were overhauled at the IRAN.New Engine mounts installed at that time.
Propeller
1000 Hours Since New Prop. 2-Blade McCauley.
Interior
Original Interior. A fair amount of wear. Could use some new carpets.
Exterior
Original Paint. Need some touch up done.
Inspection
Annual Due May 2027. IFR Certs Due March, 2027.
Modifications / STCs
• Precise Flight Speed Brakes (optional on the Eagle), LED Tail Strobe.
Description and equipment details provided by the seller. AeroGurus does not verify seller-provided information.
Price Comparison
| Source | Price | Location | Listed | Days on Market | Status | Action |
|---|---|---|---|---|---|---|
|
GMax American Aircraft
controller.com
|
$139,000
|
Longview, Texas | Jul 26, 2026 | 0 days | Active |
Estimate Monthly Payment
Mooney Ovation loan calculator
AeroGurus Data & Analysis
Independent data from FAA, NTSB, and market analysis
About This Mooney Ovation
This 1999 Mooney Ovation (N555LM) is a 4-seat single engine piston with 3,100 hours on the airframe. There are currently 7 Ovation aircraft listed for sale with asking prices ranging from $139,000 to $365,000.
The Ovation cruises at 190 kts (352 km/h) with a range of 1,025 nm (1,898 km) — suitable for regional and medium-distance travel. Service ceiling of 20,000 ft allows operation above most weather.
Operating costs: Fuel burn is 13.5 GPH (51 L/h), which at current 100LL avgas prices (~$6.20/gal) means approximately $84/hr in fuel alone.
NTSB records show 0 incidents for this airframe — a clean safety record.
Pre-Purchase Checklist
Mooney Ovation — Model Specs
Model specificationStandard specs for this model. Actual aircraft may differ.
Estimated Cost of Ownership
AeroGurus estimateMOONEY Ovation
AeroGurus estimates based on industry averages for the MOONEY Ovation. Actual costs vary by location, usage, maintenance history, and configuration. Not a financial quote.
Ownership & Registration
FAA registration data pending for N555LM.
Location & Ownership
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 N555LM against the NTSB accident database.
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