This is something to consider. It's very tempting to try and get a
fast airplane. But I think you're right, and also: how fast can you
get within our price range and still have a solid aircraft with few
squawks?

Mid-1960's vintage Mooneys can be an excellent value for a 130-knot
airplane.

That would be an awfully slow Mooney. My 1967 'C' model (the slowest
model of the mid 1960s Mooneys) does 140-145 kt. The 'E' models are 5-7
kts faster.

KR