Finance Your Mooney M20V Acclaim Ultra
The Mooney M20V Acclaim Ultra is a fastest piston single that combines performance, capability, and value. Whether you're upgrading your aircraft or making your first purchase, we provide specialized Mooney M20V Acclaim Ultra financing solutions with competitive rates and flexible terms tailored to your needs.
Mooney M20V Acclaim Ultra Specifications & Performance
Specification | Details |
---|---|
Category | Piston Single-Engine Turbocharged |
Price Range | $550,000 - $850,000 |
Typical Used Price | $695,000 |
Engine | Continental TSIO-550 (310 hp) |
Cruise Speed | 237 knots |
Range | 1,300 nm |
Seats | 4 |
Useful Load | 1,310 lbs |
Service Ceiling | 25,000 ft |
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Get Aircraft Financing QuotesWhy Finance a Mooney M20V Acclaim Ultra?
- 237-Knot Cruise - Fastest production piston single ever certified
- Turbocharged Power - 310 hp TSIO-550 for FL250 capability
- Extended Range - 1,300 nm range for serious travel
- Garmin G1000 NXi - Advanced avionics suite
- Known Ice Option - TKS ice protection available
Mooney M20V Acclaim Ultra Financing Options
Competitive Interest Rates
- New Mooney M20V Acclaim Ultra: Starting at 6.5% APR
- Late-model used (2010+): Rates from 6.75% APR
- Older models: Rates from 7.5% APR
- Terms up to 20 years available for qualified buyers
Flexible Down Payment Options
- As low as 15-20% down for qualified buyers
- Higher down payments may qualify for better rates
- Trade-in equity can be applied to down payment
- Refinance options available for existing owners
Frequently Asked Questions - Mooney M20V Acclaim Ultra Financing
What credit score do I need to finance a Mooney M20V Acclaim Ultra?
Lenders typically require a minimum credit score of 680-700 for Mooney M20V Acclaim Ultra financing. Borrowers with scores above 720 receive the best rates. The Mooney M20V Acclaim Ultra's strong market demand helps secure favorable financing terms for qualified borrowers.
How much down payment is required for a Mooney M20V Acclaim Ultra?
Down payments typically range from 15-20% depending on aircraft age, condition, and buyer qualifications. Well-maintained aircraft with modern avionics may qualify for lower down payments. Your credit profile and experience also influence requirements.
What loan terms are available for Mooney M20V Acclaim Ultra financing?
Typical loan terms range from 15-20 years for newer models and 12-15 years for older aircraft. Amortization can extend to 20 years with flexible balloon payment structures. Your final term depends on aircraft age, value, and your financial profile.
What insurance is required for a financed Mooney M20V Acclaim Ultra?
Lenders require liability coverage (minimum $1M) and hull insurance covering the full loan amount. Annual premiums range from $1,800-$5,000 depending on pilot experience, hull value, and whether the aircraft is used for business or personal purposes. Insurance costs are generally reasonable for this aircraft type.
How quickly can I get approved for Mooney M20V Acclaim Ultra financing?
Pre-qualification typically takes 24-48 hours with basic information. Full underwriting requires 7-14 business days with complete documentation including tax returns, financial statements, and aircraft details. Closing can occur within 3-4 weeks of application, sometimes faster for experienced borrowers with clean credit.
Can I include avionics upgrades in my Mooney M20V Acclaim Ultra financing?
Yes, avionics upgrades like Garmin G500/G600/G3X installations can often be rolled into your purchase loan or accomplished through a refinance. Modern glass cockpits typically add value exceeding their cost, making them attractive to both lenders and buyers. Lenders prefer certified installations with proper documentation.
What happens if I want to upgrade to a different aircraft later?
You can sell your Mooney M20V Acclaim Ultra at any time and use equity toward your next aircraft. Well-maintained aircraft typically build equity over time, especially if you maintain it well and make strategic improvements. Some lenders offer streamlined refinancing or trade-up programs.
Start Your Mooney M20V Acclaim Ultra Financing Today
Experience professional aviation financing designed specifically for Mooney M20V Acclaim Ultra aircraft. Our specialists understand this aircraft's unique qualities and can secure the best terms for your purchase.
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