This 2001 Mooney M20R Ovation Is a Modernized ‘AircraftForSale’ Top Pick

Design dates to the 1950s but fits right in on nearly any ramp today.

2001 Mooney M20R Ovation [Courtesy: Jessica Koss]
Gemini Sparkle

Key Takeaways:

  • Aircraft For Sale's "Today's Top Pick" is a 2001 Mooney M20R Ovation 2, representing the M20 series known for its speed and adaptable design that evolved to include more powerful configurations.
  • This specific 2001 Mooney M20R Ovation 2 is powered by a 280 hp Continental IO-550 engine with 972 hours, on an airframe with 6,989 hours.
  • It features a highly updated IPR panel equipped with a comprehensive Garmin avionics suite, including G500 TXi displays, GTN 750Xi/650Xi, dual GI 275 backups, and a GFC 500 autopilot.
  • Priced at $315,000, it is highlighted as an ideal fast, efficient, four-place traveling aircraft with modern avionics.
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Each day, the team at Aircraft For Sale picks an airplane that catches our attention because it is unique, represents a good deal, or has other interesting qualities. You can read Aircraft For Sale: Today’s Top Pick at FLYINGMag.com daily.

Today’s Top Pick is a 2001 Mooney M20R Ovation 2.

Because the Mooney M20 airframe evolved over decades, it is available in a range of “flavors,” giving pilots a better chance of finding the combination of equipment and performance that suits their mission.

M20s have always been fast. The earliest examples demonstrated impressive speed with modest 150 hp O-320 engines, but the 180 hp O-360 soon became standard and is still considered among many pilots to be the sweet spot.

For years, some fans of the M20 wondered how its sleek, efficient shape would perform with even more power. Aftermarket sources modified the airplanes with larger engines, sacrificing a degree of fuel economy for increased climb and cruise speeds. Of course, the factory caught on to the demand for a more muscular M20, and the aircraft for sale today is its answer. In addition to high horsepower, an updated panel helps it compete with new GA aircraft.     

2001 Mooney M20R Ovation [Courtesy: Jessica Koss]

This 2001 Mooney M20R has 6,989 hours on the airframe and 972 hours on its 280 hp Continental IO-550 engine. Its IPR panel includes Garmin G500 TXi PFD and MFD displays with synthetic vision and an engine indicating system, GTN 750Xi WAAS GPS/nav/com, GTN 650Xi WAAS GPS GPS/nav/com, dual GI 275 electronic backup instruments, GDL 60 datalink, GDL 88 with ADS-B In and Out,  GSR 56 Iridium Datalink satellite weather, text and voice communication, GMA 35C audio panel, GDL 69A with SiriusXM weather and radio, GTX 33 transponder, GFC 500 autopilot, and USB charging port.

Pilots looking for a fast, efficient, four-place traveling aircraft with updated avionics should consider this 2001 Mooney M20R Ovation, which is available for $315,000 on AircraftForSale.

If you’re interested in financing, you can do so with FLYING Finance. Use our airplane loan calculator to calculate your estimated monthly payments. Or, to speak with an aviation finance specialist, visit flyingfinance.com.

FLYING Staff

FLYING Magazine is a one-stop resource for everything aviation, including news, training, aircraft, gear, careers, photos, videos, and more.

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