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#228066 10/18/09 04:09 PM
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R
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Red

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These are just first impression responses.

First: In Alabama. Not interested
Second: Possibility, deserves a looksie
Third: Too much
Fourth: Possibly, little high on engine time
Fifth: Spent quite a bit of money just to sell. Suspicious
Sixth: New paint:makes me suspicious. Smaller baggage area. A little high.
seventh: Deserves a looksie

Don't forget to check out Barnstormers. [barnstormers.com]

Bill
Grants Pass, Oregon

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#7 has missing log books.... that'd be a red flag for me


Max!
I miss John Ruffo
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Originally Posted by Tim_Noto
#7 has missing log books.... that'd be a red flag for me


A red flag for what exactly? The last 31 years of history would be plenty enough for me. Any problem that's worthy of interest from the first lost ten years of logs would have manifested itself in the following three decades.




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Missing log books should not be red flag. Do your research is all. Mine is missing its first log book, no problem did research, an honest loss. Have 2nd and making 3rd now.
If you like the plane, read what logs there are and write down the sellers story, check aircraft with a finer tooth-comb than normal and make sure it all matches.
Most of what I seen was older nav/comms will cost later, make sure the avionics and mods have orig, paper work and is correct and COMPLETE(all STC etc), if not work away unless you already know what the new paperwork will cost.

EG:
autogas STC paper on hand and filled with FAA. NO.. $200
Avionics 337's, flight manuals sups paper on hand and filled with FAA. No.. $400-$2000.

Number one rule NEVER fall in love with the plane. (just give me $6000 same thing/result). Number two is ALL WAYs pre-buy inspection, short annual inspection good idea spend the $800.



Paul
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Don’t bet on a pre-purchase inspection to find hidden damager. The most through pre-purchase that I have ever had done failed to find spar corrosion in the fuel tank bay. A through annual wouldn’t have picked it up.

In fact I have had better luck forgoing the pre-purchase inspection and just resigning myself to spending money to fix and old airplane.

Just my opinion everyone else can do what they want.

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As I said, a red flag for ME...

Because I would have to explain it (the missing logs) to the next buyer, if the logs are there, no explanation necessary.

Oh and Vref and Aircraft Blue Book do knock the value at least 10% for missing log books

And currently there are a zillion airplanes on the market with logs.

I just paid less than $13,000 for a 1973 L model 3,000 TT all logs some slight left wing leading edge damage done 29 years ago but with excellent 337 documentation (and they zinc chromate(ed) the wing after the repair.) Engine has 1,500 hours on a second run o’haul but all new Continental cyls were installed about 400 hours ago.


I try and live buy the axiom, “if you buy it right it’s ½ way sold” I have bought and sold more than a few airplanes this way.


Max!
I miss John Ruffo

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