Rightrudder
Well-Known Member
- Joined
- Jun 27, 2017
- Messages
- 385
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Just curios of what other pilots think of planes that have missing log books .
How much does this decrease plane value ? 30%-40%? All the 30 year pilots Ive talked to have said walk away dont buy a plane missing the logs . I have to agree , Ive currently seen 2 planes for sale with missing books and they are priced as if logs are complete .
If financing a plane does the lender require complete logs ? I would think they would .
If I would find that forever plane missing the books and it was a great deal , it would be tempting to buy .
How much does this decrease plane value ? 30%-40%? All the 30 year pilots Ive talked to have said walk away dont buy a plane missing the logs . I have to agree , Ive currently seen 2 planes for sale with missing books and they are priced as if logs are complete .
If financing a plane does the lender require complete logs ? I would think they would .
If I would find that forever plane missing the books and it was a great deal , it would be tempting to buy .