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How much does a lost aircraft logbook effect resale value?



 
 
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  #11  
Old September 10th 19, 02:47 AM posted to rec.aviation.soaring
Cookie
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Default How much does a lost aircraft logbook effect resale value?

why not just buy a glider WITH log books? Avoid the issue altogether.

With a no logbook glider...the first annual will be "interesting" as the inspector needs to somehow verify that all AD's have been complied with. Might run into time and money??

Cookie





On Sunday, September 8, 2019 at 7:30:01 PM UTC-4, wrote:
I've been approached by an estate of a former club member who's glider is stored at my club. Its a 1978 PIK20-D. They have gone through his entire belongings and have not found any logbooks for the glider. Our club records indicate the glider has not flown since 2003. Its been at the club since at least 1998. We have gone through the plane and trailer and no logs. Its a certified aircraft and our local AI said there is a process to start a new log book after an inspection. The question I ask is how much value is lost with no history of the airframe? I'm trying to help the estate come up with a reasonable value.


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  #12  
Old September 10th 19, 02:53 AM posted to rec.aviation.soaring
2G
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Default How much does a lost aircraft logbook effect resale value?

On Monday, September 9, 2019 at 6:47:23 PM UTC-7, Cookie wrote:
why not just buy a glider WITH log books? Avoid the issue altogether.

With a no logbook glider...the first annual will be "interesting" as the inspector needs to somehow verify that all AD's have been complied with. Might run into time and money??

Cookie





On Sunday, September 8, 2019 at 7:30:01 PM UTC-4, wrote:
I've been approached by an estate of a former club member who's glider is stored at my club. Its a 1978 PIK20-D. They have gone through his entire belongings and have not found any logbooks for the glider. Our club records indicate the glider has not flown since 2003. Its been at the club since at least 1998. We have gone through the plane and trailer and no logs. Its a certified aircraft and our local AI said there is a process to start a new log book after an inspection. The question I ask is how much value is lost with no history of the airframe? I'm trying to help the estate come up with a reasonable value.


That would clearly be my preference (and buying new is even better), but I understand that many are less fortunate than I and might be inclined to trade that risk for something that is within their budget.

Tom
  #13  
Old September 10th 19, 04:46 AM posted to rec.aviation.soaring
Frank Whiteley
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Default How much does a lost aircraft logbook effect resale value?

On Monday, September 9, 2019 at 3:12:39 AM UTC-6, Charlie Quebec wrote:
I don’t know how you do things in the US, but here in Australia, the yearly inspection paperwork known as a form 2, must be returned to the GFA, and this contains an entry including TTIS hours and launches at each inspection. I would have thought this would be standard practice in a responsible airworthiness regimen.


Since our SSA has nothing to do with airworthiness and inspections, we don't collect anything like that, nor does the FAA. However, some inspectors keep a copy or log of their annual and condition inspections and work done, so it may be possible to reconstruct a reasonable logbook if a glider was in a locality for much of its life to date.

Frank Whiteley
 




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