NATIONAL AIRCRAFT APPRAISER'S ASSOCIATION

AIRCRAFT APPRAISAL REPORT

Name: Tracy Ligon

Company: Tracy Ligon Consulting

Address: 3821 Del Rio Dr   Fort Worth , TX 76100

Attention: T Ligon

Phone: 888 (837-2831)

 

Aircraft Identification

Make: MOONEY AIRCRAFT COMPANY                                       Model: M 20 J

Serial No. 24-000               Reg. No.    N201Sample                      Yr. Mfg. 1977

Type of Aircraft:      Single Engine Piston

Airframe Total Time:  3340 Hrs.         No. Landings:    N/A           Cycles:    N/A

Airframe Condition:     Extra Fine

Log Books in Aircraft Appear:     Original.

Comments: This aircraft looks very good from all viewpoints.

 

 

Maintenance Status

Maintenance Annual Date:  4/99                             On Progressive Inspection: No.

Comments: Annual Appears to have been very complete by Major Shop with normal items being covered and only minor adjustments needed during the annual.

 

Time Life Limited Systems:   No.                           Cycle Life Limited Systems:    No.

Comments: N/L

 

Service Bulletin Status: Complete with good documentation

AD's Complied With:   Yes.                     Estimated Cost for AD's Compliance:    N/A

Tires Condition:   Average             Type Brakes:    Cleveland             Anti-Skid:   No

Exterior Paint Condition: Very Good

Repaint Date: 1998 Repainted By: Field

Comments: Paint is well done DuPont Paint. There are very minor areas of wear along the leading edges which are easily polished to new condition. A couple of minor scratches were noticed near the refueling caps. Otherwise a very good paint scheme and very good paint. No runs were notice, all areas appear "wet", extremely good gloss and coverage.

 

 

Interior Condition:    Extra Fine                         Cabin Configuration:   Passenger  

Cockpit Condition:    Very Good                        Panel Layout:    Average

Pressurized Cabin:   No.                                     Window Condition:   Good

Comments: The windows are all clear with no easily detectable scratches or other blemishes. The cockpit and panel all look very clean with only minor wear being detectable around the gauges and switches. All instrument glass is clear with no signs of yellowing or color changes to the markings. The placards are all like new with no signs of wear.

 

 

 

Airframe Modifications

 

Date of Modification: 1994

Modification: Trophy 212 Conversion

 

Damage History

Current Damage: None Listed or noticed.

Historical Damage: 1994 Belly Damage                        Extent of Damage: Moderate

Repairs: Belly Pan, Engine Replaced with Factory OH, Prop Replaced

 

 Engines & Props

Engine Manufacturer: Lycoming                                     Model: IO-360-A3B6D

Engine Type: Piston

Engine Fire Detection: No.                                                 Engine Fire Bottles: No.

Prop Reversers: No.

 

 

Prop Type: Constant Speed.                                             Propeller TBO: 2000

Engine #1 Serial No: 123232323

Time Since Factory Remanufacture: 345 Hrs.

Engine Overhauled By: Lyc                                             Recommended TBO: 2000

Comments: N/L

 

 

Propeller Make: McCauley                 Model: MC2                  Number of Blades: 2

TSO/NEW: 345                                     Date O/H: 1994             Serial Number: 98761

 

 

 

Engine Modifications

None known or reported.

Known Maintenance Problems with Engine(s): None

Estimated Cost to Repair: $0

General Engine Comments: Logs show normal maintenance with no signs of any excessive repairs or service. Logs also show routine 25 hour oil changes.

 

 

Instrumentation

Full Panel: Yes.                                                                        Dual Panel: No.

Panel Configurations: Good.                                                  Panel Condition: Good.

IFR Equipped: Yes.

Comments: Normal Mooney configuration with good instrumentation and almost as new apprearing instruments.

 

Avionics

Type of Avionic: ALTIMETERS, ENCODING

Mfg: ACK Model: ACK 30

Type of Avionic: AUDIO PANEL

Mfg: KING Model: KMA 20

Type of Avionic: COLLISION AVOIDANCE SYSTEMS

Mfg: RYAN INTERNATIONAL CORPORATION Model: ATS 7000

Type of Avionic: GPS

Mfg: KING Model: KLN 90

Type of Avionic: RNAV

Mfg: KING Model: KNS 80

 

Type of Avionic: LOC

Mfg: KING Model: KI 208

Type of Avionic: NAV-COMM

Mfg: KING Model: KX 170 B Channels: 720

Type of Avionic: COMM

Mfg: KING Model: KY 197 Channels: 720

Type of Avionic: TRANSPONDERS

Mfg: KING Model: KT 76A

Type of Avionic: STORMSCOPE

Mfg: 3 M Model: WX 1000+

Type of Avionic: GS

Mfg: KING Model: KI 201

Type of Avionic: AUTOPILOTS

Mfg: S-TEC Model: SYSTEM 60 PSS

 

Mfg: CENTURY Model: CENTURY II B

The Avionics On This Aircraft Are Considered To Be: Average.

 

Additional Equipment

Dual Controls: Yes.                                                               Type: Yoke.

Stall Warning System: Yes.                                                  Stick Shaker: No.

Rotating Beacon: Yes.                                                           Strobe Light: Yes.

Taxi Lights: Yes.                                                                      Navigation Lights: Yes.

Long Range Fuel: No.                                                             Aux Fuel Qty: 0

Single Point Refuel: No.

Toilet: No. Lavatory: No.

Galley: No. Cabinetry: No.

 

Other Equipment: JPI EMD 700, Intercom System, Bose Headsets

Comments: Over all well equipped for IFR with good instrumentation.

 

De-Icing Systems

Known Ice System: No.                                                  Ice Lights: No.

Prop De-Ice: No.                                                              De-Ice Type: None.

Wing Tail Boots: No.                                                       Boots Condition: N/A

Windshield De-Ice: No.                                                    Windshield Wipers: None.

Jet Intake De-Ice: No.                                                       Pitot Heat: Yes.

Comments: N/L

 

  

Appraisal Computation

Average Green Aircraft Value

Add for Airframe Condition

Add for Airframe Low Total Time

Add for Annual and Mandatory Inspection

Add for Exterior Paint Value

Add for Interior Value

Add for Airframe & Engine Modifications

Add for Engine(s) Residual Value

Add for Propeller(s) Residual Value

Add for Avionics Value

Add for De-Ice Systems Value

Add for Additional Equipment

Total Additions

 

 

Deduct for Airframe Condition

Deduct for Airframe High Total Time

Deduct for Damage History

Deduct for Airframe/Engine Maintenance Items

Deduct for Exterior Paint Value

Deduct for Interior Value

Deduct for AD's Estimated Cost for AD Compliance

Deduct for Estimated Cost to Repair Avionics

Total Deductions

 

Based on the above, the computed retail value of N201Sample is

 

$48,850

$8,300

$0

$320

$3,250

$3,600

$19,600

$18,210

$2,070

$28,260

$0

$0

==========

$83,610

 

$0

$0

$-7,030

$0

$0

$0

$0

$0

==========

$-7,030

 

$125,430

 

 

Certified Appraisal Certificate will be attached to actual reports!


As an added value item we will include Digital Photos of the Aircraft!