Mooney 201 Aircraft 1980s

1980s piston singles are pre-FADEC, pre-glass-cockpit airframes — Cessna 172/182, Piper PA-28 series, Bonanza V35/F33, Mooney M20J 201 from this period. Most have undergone at least one engine overhaul and avionics refresh (ADS-B Out retrofit, GPS upgrade). Pre-buy focus: airframe corrosion, AD compliance (especially recent wing-spar ADs on 210/PA-28), Lycoming or Continental engine condition, panel revision currency.

The Mooney 201 (M20J) is the efficiency icon of general aviation — a 200 hp fuel-injected Lycoming IO-360 single famous for hitting 201 mph (175 knots) on modest power, which is how it earned its name. Introduced in 1977, the 201 transformed Mooney's reputation: clean aerodynamics, fuel injection and refined cowling made it one of the most fuel-efficient four-seat singles ever built. Cruise around 165-170 knots in real-world operation at fuel burns competitive with much slower aircraft, and a robust used market thanks to a long production run.

Mooney 201 aircraft for sale

31 used Mooney 201 aircraft for sale 1980s · 4-seat · Used median asking $139,000 · Project from $139,900 · updated 4 hours ago

Mooney 201 Specifications

Model spec

The Mooney 201 is a 4-seat single engine piston with a cruise speed of 161 kt (298 km/h), a range of 820 nm (1,519 km), and a useful load of 900 lbs (408 kg).

Performance
Cruise161 kt (298 km/h)
Max Speed168 kt (311 km/h)
Range820 nm (1,519 km)
Service Ceiling18,800 ft (5,730 m)
Engine & Fuel
EngineLycoming O-320
Horsepower200 HP
Fuel Capacity64.0 gal (242 L)
Fuel Burn10.0 GPH (38 L/h)
TBO2,000 hrs
ICAO TypeM20P
Weights & Seats
Seats4
Max Gross Weight2,740 lbs (1,243 kg)
Useful Load900 lbs (408 kg)
Production1977–1998

Mooney 201 for Sale

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Mooney 201 asking prices range from $58,022 to $224,900, with a median of $139,000 (market reference $135,000).

$79,000
For Sale
Total Time 4,100
Reg# N241RC US
Location Penn Yan, New York
Listed today
$99,000
For Sale
Total Time 6,503
Reg# N5801N US
Location Georgetown, TX
$115,000
For Sale
Total Time 3,960
Reg# N1146T US
Location Daytona Beach, FL
$121,900
For Sale
Total Time 3,240
Reg# N205CB US
Location Leo, IN
Listed 20d ago
$122,292
For Sale
Total Time 4,873
Reg# VH-MOQ Australia
Location New South Wales, Australia
Listed 24d ago
$129,000
For Sale
Total Time 6,487
Reg# N308FW US
Location Gig Harbor, WA
Via Av8Rs
Multiple sources
Listed 26d ago
$129,000 ↓ -$10K
For Sale
Total Time 2,745
Reg# N407LA US
Location El Monte, CA
Multiple sources
$129,000
For Sale
Total Time 2,011
Reg# N1168B US
Location CA
$129,999
For Sale
Total Time 2,700
Reg# N210RH US
Location Der Valley, AZ
$134,900
For Sale
Total Time 2,982
Reg# N1039B US
Location Kokomo, IN
Listed 1mo ago

Compare Mooney 201

Detailed comparisons for the Mooney 201 are being prepared.

Browse all Mooney models →

Mooney 201 Price & Cost

How much does a Mooney 201 cost? Used 201 prices: $58K – $224K, average $139K (median $139K); market reference $135K, across 48 priced of 31 active listings.

Mooney 201 Price Guide

Key price factors: engine time to overhaul, year and airframe hours, avionics, damage history and logbook completeness — see the buying guide below for the full pre-purchase checklist.

Mooney 201 Cost of Ownership estimate
Fuel (10.0 GPH × $6.20, 100 hrs)$6,200/yr
Annual Fixed (hangar, insurance, annual)$18,000/yr
Variable (per hour)$140/hr
Engine Overhaul (every 2,000 hrs)$30,000
Estimates at 100 flight hours/year. Actual costs vary by usage, location and insurance.

Buying a Used Mooney 201

Buying a Mooney 201 comes down to a focused pre-purchase checklist — here is what matters most on this model:

What to check before buying

  • Lycoming IO-360 engine time — the dominant cost; IO-360s are reliable but TBO is 2,000 hrs.
  • Retractable gear — confirm ADs current and gear maintenance history.
  • Fuel-tank reseal history — Mooney wet wings can leak with age; check reseal status.
  • Avionics — many 201s are still steam-gauge; a modern Garmin retrofit and ADS-B compliance add value.
  • Logbooks — complete, gap-free records.

Which 201? A mid-1980s 201 with mid-time engine, fresh tank reseal and modern Garmin avionics is the practical value choice. Earlier 201s (1977-1980) are the cheapest entry. The 201LM (Lean Machine) is a late variant.

Frequently Asked Questions — Mooney 201

How much does a 201 cost?
$58,022–$224,900, median $139,000.
Why is it called the 201?
It cruises at 201 mph (175 kt) — fast for the era on 200 hp.
201 vs 231?
The 201 is naturally aspirated; the 231 (M20K) adds turbocharging for altitude performance, at higher maintenance cost.
Is the 201 hard to fly?
No — gentle stall, predictable handling; the snug cabin is the only real adjustment.

Mooney 201 Inventory by Country

United States11
Australia1
Canada1

Mooney 201 Inventory by State

Texas10
California9
Florida3
Illinois2

Mooney 201 by Price

Under $100k5
Under $200k45
Under $300k49
Under $500k49

Mooney 201 Safety Record

Across all 201 variants, 1 NTSB-recorded events are on file from 1989–1989. As with any aircraft, most outcomes depend on pilot training, maintenance and operating conditions rather than the airframe itself.

1

Total Events

1

Incidents

0

Serious

0

Fatal

Most Recent Events

Date Location Severity Probable Cause
Nov 17, 1989 CONCORD, CA Incident THE PILOT'S LOSS OF DIRECTIONAL CONTROL AND SUBSEQUENT COLLISION WITH AN OBJECT DURING A TOUCH AND GO LANDING IN VISUAL …

NTSB records 1989–1989. Includes all Mooney 201 variants. Events ≠ aircraft fault.

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.
Listings last refreshed 4 hours ago · Data: FAA Registry, NTSB · About our data