"Nathan Young" wrote in message
...
On Mon, 7 Jun 2004 23:47:06 -0500, "Marty"
wrote:
If you want a cheap plane to fly for many years - a no log plane might
be an ok deal. Just make sure to have an A&P do a very thorough
prebuy (might as well make it an annual inspectinon).

This is a possibility.

However, the real problem with no log planes presents itself when you
go to sell the plane. Potential buyers avoid 'no log' planes like the
plague. It may take several months to sell, and then you will be very
lucky to get a good price. If you buy a 'no log' plane and upgrade it
as you suggest, you will be lucky to get 40 cents on the dollar.

-Nathan

Right, and Cardinals aren't commanding big prices as it is.