Have a friend that is looking at a 140 for sale, not a bad price I would say, I believe they were asking 18,000. Problem is some of the log books are missing.
They have the logs from 48 till the 70's but from the 70's to 80's they are missing. Since then the logs have been updated and last annual shows all AD's in compliance.
I have not looked at the plane yet, but am told it is nice and was restored about 10 years ago. My concern would be the lost logs and how much that affects the purchase price.
I told him to contact the FAA and get what they have on CD. Get a good inspection completed by a mechanic.
Anyone ever deal with aircraft with lost logs.
Mark