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#11
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I agree with you about known damage. I also agree with you that the broker
may be a little incompetent. I kind of picked that up even before this all came down. The logs do show the damage. I had the broker FAX me the pages from the dates after the accident. All it says is that they replaced the flap. From the NTSB report, the helicopter's rotor hit the flap of the airplane. This happened in 1996. Do you think that 8 years is enough time for any latent problems to be found? "Dude" wrote in message ... Many people will not even consider a plane unless its NDH. This means it will take longer to sell, and bring a lower price. If the logs do not show the damage, then don't buy that plane. What else is not in the logs? If the logs do show the damage, then your broker is suspect for incompetence at best. Its his job as broker to pour over the logs and figure out what every 337 means. Otherwise, he isn't really adding any value to you at all. The best kind of damage history is something that happened several hundred hours ago and can easily be checked to see if the repair is still good. A wheels up that happened long ago is a non issue to me, but not every buyer. I would likely walk from this one, but I wouldn't be a NDH or nothing buyer. I might change my mind if I knew more of the facts about the particular plane. " wrote in message ink.net... Almost bought an airplane. Talked to the guy over the phone. He's brokering it for someone else. Asked him about damage history. No damage history, he said. Now, one thing I always do before I go to see an airplane is I check the NTSB database. Actually, I do this before I call the owner so I can tell if he's lying to me or not. The NTSB database showed no records for the plane. So, I flew out (it is in Utah, I'm in Virginia) looked okay. Your normal spam can. Not overly sweet, but better than average, I thought. I'm kind of tired of looking so I thought, "what the heck, I'll buy it." Made the broker an offer less than the asking price. The owner cam back with a counter, and I agreed. The broker sends me the contract, and it specifically stated that there are no liens on the plane. But, always wanting to be safe rather than sorry, I call AOPA to get a title report. Well, I decide to splurge and got the whole shootnmatch, title search, NTSB report, AD listing, and SD report. Bam! First salvo hits. The plane has a $40,000 lien on it. "Well," I thought, "maybe they meant that they were going to pay it off with the proceeds from the sale." Whoa! Incoming! NTSB report comes back with that it had a mid-air collision with a helicopter in 1996. Substantial damage. "Warning! Warning, Will Robinson!" Okay, now I'm ****ed. I'm ****ed that they told me there was no damage history when a midair collision with substantial damage would definitely qualify as a damage history to me. I'm ****ed that the on-line NTSB database didn't show me this. I'm ****ed that I spent over $600 to go see the plane. And I'm ****ed that I don't know who's lying to me, the broker or the owner. I called the broker. Told him about the lien and the accident. He was very sympathetic. Claims he didn't know. Seems to be ****ed at the owner. Claims that he looked through the logs and didn't see and major repairs. (Interestingly enough, the AOPA search didn't turn up any 337's either.) Before I could tell him that I want out, he offers to let me out. So, now you know my story. Here's what my inquiring mind wants to know: Up until the past decade or so, the common wisdom was that you shouldn't consider an airplane that ever had an accident. Why bother? There are so many non-damaged airplanes to be had. Recently, however, as the fleet ages, the wisdom has since changed to, "well, if the damage isn't recent, it should be ok." So what do you all think? Never consider a plane with damage history? Consider it if the damage isn't recent? If so, what is considered "recent?" How much would you deduct for an airplane with major damage? |
#12
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Eight years is certainly long enough. Until recently, most airplanes were
basically hand built so a repair should be every bit as good as the original. In fact, it is not unlikely that the repair is better quality than the original. You also have to consider what type of aircraft it is. It is reasonable to expect no damage history on a 1970 Bonaza but if you find a 1970 Super Cub being sold with wheels, floats, skis and all the Alaska mods it is exceedingly unlikely that it has no damage history. Mike MU-2 " wrote in message ink.net... I agree with you about known damage. I also agree with you that the broker may be a little incompetent. I kind of picked that up even before this all came down. The logs do show the damage. I had the broker FAX me the pages from the dates after the accident. All it says is that they replaced the flap. From the NTSB report, the helicopter's rotor hit the flap of the airplane. This happened in 1996. Do you think that 8 years is enough time for any latent problems to be found? "Dude" wrote in message ... Many people will not even consider a plane unless its NDH. This means it will take longer to sell, and bring a lower price. If the logs do not show the damage, then don't buy that plane. What else is not in the logs? If the logs do show the damage, then your broker is suspect for incompetence at best. Its his job as broker to pour over the logs and figure out what every 337 means. Otherwise, he isn't really adding any value to you at all. The best kind of damage history is something that happened several hundred hours ago and can easily be checked to see if the repair is still good. A wheels up that happened long ago is a non issue to me, but not every buyer. I would likely walk from this one, but I wouldn't be a NDH or nothing buyer. I might change my mind if I knew more of the facts about the particular plane. " wrote in message ink.net... Almost bought an airplane. Talked to the guy over the phone. He's brokering it for someone else. Asked him about damage history. No damage history, he said. Now, one thing I always do before I go to see an airplane is I check the NTSB database. Actually, I do this before I call the owner so I can tell if he's lying to me or not. The NTSB database showed no records for the plane. So, I flew out (it is in Utah, I'm in Virginia) looked okay. Your normal spam can. Not overly sweet, but better than average, I thought. I'm kind of tired of looking so I thought, "what the heck, I'll buy it." Made the broker an offer less than the asking price. The owner cam back with a counter, and I agreed. The broker sends me the contract, and it specifically stated that there are no liens on the plane. But, always wanting to be safe rather than sorry, I call AOPA to get a title report. Well, I decide to splurge and got the whole shootnmatch, title search, NTSB report, AD listing, and SD report. Bam! First salvo hits. The plane has a $40,000 lien on it. "Well," I thought, "maybe they meant that they were going to pay it off with the proceeds from the sale." Whoa! Incoming! NTSB report comes back with that it had a mid-air collision with a helicopter in 1996. Substantial damage. "Warning! Warning, Will Robinson!" Okay, now I'm ****ed. I'm ****ed that they told me there was no damage history when a midair collision with substantial damage would definitely qualify as a damage history to me. I'm ****ed that the on-line NTSB database didn't show me this. I'm ****ed that I spent over $600 to go see the plane. And I'm ****ed that I don't know who's lying to me, the broker or the owner. I called the broker. Told him about the lien and the accident. He was very sympathetic. Claims he didn't know. Seems to be ****ed at the owner. Claims that he looked through the logs and didn't see and major repairs. (Interestingly enough, the AOPA search didn't turn up any 337's either.) Before I could tell him that I want out, he offers to let me out. So, now you know my story. Here's what my inquiring mind wants to know: Up until the past decade or so, the common wisdom was that you shouldn't consider an airplane that ever had an accident. Why bother? There are so many non-damaged airplanes to be had. Recently, however, as the fleet ages, the wisdom has since changed to, "well, if the damage isn't recent, it should be ok." So what do you all think? Never consider a plane with damage history? Consider it if the damage isn't recent? If so, what is considered "recent?" How much would you deduct for an airplane with major damage? |
#13
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Because most buyers will try to avoid it... because subsequent buyers
will try to avoid it. Believe me... I've been there. I agree that a well repaired airplane should sell for full value... but the market just doesn't behave that way. If you are sure you will own the plane in question in perpetuity... no problem. Otherwise, buy right so you can sell right. Rich Matt Whiting wrote: ically sound, flew normal, had all the correct paperwork, etc. It doesn't affect the airplane, but it does affect the value. Most appraisers deduct something for airplanes with damage history, regardless of the quality of the repair. Matt |
#14
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Dude wrote:
If the logs do show the damage, then your broker is suspect for incompetence at best. Its his job as broker to pour over the logs and figure out what every 337 means. Otherwise, he isn't really adding any value to you at all. The broker most likely is representing the seller. I've never seen a broker even open the log books. The onus is on the purchaser and his representatives. |
#15
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#16
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Yes, if it has flown a reasonable amount over that time, the repair should
be considered to be just fine. I don't think most people would worry too much about this kind of repair. The real worries are repairs to the hull and wings that may have left weakness or corrosion in the structure. I suppose some of the force of the incident could have gone into the wing, but it would likely show up on the skin ( I am no AP, so I would definitely get someone in the know to look to see any possible affects of that incident on the rest of the wing). " wrote in message ink.net... I agree with you about known damage. I also agree with you that the broker may be a little incompetent. I kind of picked that up even before this all came down. The logs do show the damage. I had the broker FAX me the pages from the dates after the accident. All it says is that they replaced the flap. From the NTSB report, the helicopter's rotor hit the flap of the airplane. This happened in 1996. Do you think that 8 years is enough time for any latent problems to be found? "Dude" wrote in message ... Many people will not even consider a plane unless its NDH. This means it will take longer to sell, and bring a lower price. If the logs do not show the damage, then don't buy that plane. What else is not in the logs? If the logs do show the damage, then your broker is suspect for incompetence at best. Its his job as broker to pour over the logs and figure out what every 337 means. Otherwise, he isn't really adding any value to you at all. The best kind of damage history is something that happened several hundred hours ago and can easily be checked to see if the repair is still good. A wheels up that happened long ago is a non issue to me, but not every buyer. I would likely walk from this one, but I wouldn't be a NDH or nothing buyer. I might change my mind if I knew more of the facts about the particular plane. " wrote in message ink.net... Almost bought an airplane. Talked to the guy over the phone. He's brokering it for someone else. Asked him about damage history. No damage history, he said. Now, one thing I always do before I go to see an airplane is I check the NTSB database. Actually, I do this before I call the owner so I can tell if he's lying to me or not. The NTSB database showed no records for the plane. So, I flew out (it is in Utah, I'm in Virginia) looked okay. Your normal spam can. Not overly sweet, but better than average, I thought. I'm kind of tired of looking so I thought, "what the heck, I'll buy it." Made the broker an offer less than the asking price. The owner cam back with a counter, and I agreed. The broker sends me the contract, and it specifically stated that there are no liens on the plane. But, always wanting to be safe rather than sorry, I call AOPA to get a title report. Well, I decide to splurge and got the whole shootnmatch, title search, NTSB report, AD listing, and SD report. Bam! First salvo hits. The plane has a $40,000 lien on it. "Well," I thought, "maybe they meant that they were going to pay it off with the proceeds from the sale." Whoa! Incoming! NTSB report comes back with that it had a mid-air collision with a helicopter in 1996. Substantial damage. "Warning! Warning, Will Robinson!" Okay, now I'm ****ed. I'm ****ed that they told me there was no damage history when a midair collision with substantial damage would definitely qualify as a damage history to me. I'm ****ed that the on-line NTSB database didn't show me this. I'm ****ed that I spent over $600 to go see the plane. And I'm ****ed that I don't know who's lying to me, the broker or the owner. I called the broker. Told him about the lien and the accident. He was very sympathetic. Claims he didn't know. Seems to be ****ed at the owner. Claims that he looked through the logs and didn't see and major repairs. (Interestingly enough, the AOPA search didn't turn up any 337's either.) Before I could tell him that I want out, he offers to let me out. So, now you know my story. Here's what my inquiring mind wants to know: Up until the past decade or so, the common wisdom was that you shouldn't consider an airplane that ever had an accident. Why bother? There are so many non-damaged airplanes to be had. Recently, however, as the fleet ages, the wisdom has since changed to, "well, if the damage isn't recent, it should be ok." So what do you all think? Never consider a plane with damage history? Consider it if the damage isn't recent? If so, what is considered "recent?" How much would you deduct for an airplane with major damage? |
#17
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Well, I guess you get what you pay for. If a broker is not representing the
plane, but merely taking phone calls, then he isn't worth much money to either party. I would not consider working with a broker like this to buy because all he is doing is sheilding you from information you could be using to help you make a decision. "Ron Natalie" wrote in message m... Dude wrote: If the logs do show the damage, then your broker is suspect for incompetence at best. Its his job as broker to pour over the logs and figure out what every 337 means. Otherwise, he isn't really adding any value to you at all. The broker most likely is representing the seller. I've never seen a broker even open the log books. The onus is on the purchaser and his representatives. |
#18
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Beware the scam-brokers that hide the N number and Serial Number's of the
aircraft untill they get your money "deposit" by law they dont have to give you your money back after they give you the aircraft info as that is whay you are buying. Resources: Washington State Bar Association, Better Business Bureau. When I was looking for an airplane I lost funds to one of these scam-brokers that said he would find me what I want for XXX amount when he asked for more money and produced no results except for junk with liens and hidden damage history I took the rest of my money and ran. you got lucky that you were able to get out. I would buy a properly repaired airplane after I had a title search done and a pre buy inspection and extra time allotted for inspecting the repair and things attached to that repair + the log books. If deemed airworthy time for a test flight and not just around the pattern plot out a nice cross county flight and test all the systems after about 3 hours 1 way check the airplane's oil usage out. Call you mechanic have him/her be there when you return to give the engine a through run through. Grab a sample of oil and send it in to be tested wait for results don't ever trust the owner they are just trying to sell an airplane and the brokers are just trying to make their commission. If a seller, broker or owner dose not allow you to pre buy the aircraft or is not willing to wait of an oil check or title search thank them for their time and walk. Listen to your gut if the owner give a lame answer for a simple question or evades the question that a pilot/owner should know then walk. If they don't let you test fly the aircraft at your expense with them along then walk as they may be hiding something. Don't scrape the bottom of the barrel leave some for someone that can handle the bottom of the barrel. " wrote in message ink.net... Almost bought an airplane. Talked to the guy over the phone. He's brokering it for someone else. Asked him about damage history. No damage history, he said. Now, one thing I always do before I go to see an airplane is I check the NTSB database. Actually, I do this before I call the owner so I can tell if he's lying to me or not. The NTSB database showed no records for the plane. So, I flew out (it is in Utah, I'm in Virginia) looked okay. Your normal spam can. Not overly sweet, but better than average, I thought. I'm kind of tired of looking so I thought, "what the heck, I'll buy it." Made the broker an offer less than the asking price. The owner cam back with a counter, and I agreed. The broker sends me the contract, and it specifically stated that there are no liens on the plane. But, always wanting to be safe rather than sorry, I call AOPA to get a title report. Well, I decide to splurge and got the whole shootnmatch, title search, NTSB report, AD listing, and SD report. Bam! First salvo hits. The plane has a $40,000 lien on it. "Well," I thought, "maybe they meant that they were going to pay it off with the proceeds from the sale." Whoa! Incoming! NTSB report comes back with that it had a mid-air collision with a helicopter in 1996. Substantial damage. "Warning! Warning, Will Robinson!" Okay, now I'm ****ed. I'm ****ed that they told me there was no damage history when a midair collision with substantial damage would definitely qualify as a damage history to me. I'm ****ed that the on-line NTSB database didn't show me this. I'm ****ed that I spent over $600 to go see the plane. And I'm ****ed that I don't know who's lying to me, the broker or the owner. I called the broker. Told him about the lien and the accident. He was very sympathetic. Claims he didn't know. Seems to be ****ed at the owner. Claims that he looked through the logs and didn't see and major repairs. (Interestingly enough, the AOPA search didn't turn up any 337's either.) Before I could tell him that I want out, he offers to let me out. So, now you know my story. Here's what my inquiring mind wants to know: Up until the past decade or so, the common wisdom was that you shouldn't consider an airplane that ever had an accident. Why bother? There are so many non-damaged airplanes to be had. Recently, however, as the fleet ages, the wisdom has since changed to, "well, if the damage isn't recent, it should be ok." So what do you all think? Never consider a plane with damage history? Consider it if the damage isn't recent? If so, what is considered "recent?" How much would you deduct for an airplane with major damage? |
#19
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I think it shouldn't be a problem if the damage is properly repaired and
documented. I looked at a plane about a year ago that had a couple accidents in the NTSB database showing "substantial" damage. There was nothing in the logs .. and no 337s showing it had been repaired. So who knows how it was fixed. The seller had said "no damage history". Needless to say I walked away from that one. " wrote in message ink.net... Almost bought an airplane. Talked to the guy over the phone. He's brokering it for someone else. Asked him about damage history. No damage history, he said. Now, one thing I always do before I go to see an airplane is I check the NTSB database. Actually, I do this before I call the owner so I can tell if he's lying to me or not. The NTSB database showed no records for the plane. So, I flew out (it is in Utah, I'm in Virginia) looked okay. Your normal spam can. Not overly sweet, but better than average, I thought. I'm kind of tired of looking so I thought, "what the heck, I'll buy it." Made the broker an offer less than the asking price. The owner cam back with a counter, and I agreed. The broker sends me the contract, and it specifically stated that there are no liens on the plane. But, always wanting to be safe rather than sorry, I call AOPA to get a title report. Well, I decide to splurge and got the whole shootnmatch, title search, NTSB report, AD listing, and SD report. Bam! First salvo hits. The plane has a $40,000 lien on it. "Well," I thought, "maybe they meant that they were going to pay it off with the proceeds from the sale." Whoa! Incoming! NTSB report comes back with that it had a mid-air collision with a helicopter in 1996. Substantial damage. "Warning! Warning, Will Robinson!" Okay, now I'm ****ed. I'm ****ed that they told me there was no damage history when a midair collision with substantial damage would definitely qualify as a damage history to me. I'm ****ed that the on-line NTSB database didn't show me this. I'm ****ed that I spent over $600 to go see the plane. And I'm ****ed that I don't know who's lying to me, the broker or the owner. I called the broker. Told him about the lien and the accident. He was very sympathetic. Claims he didn't know. Seems to be ****ed at the owner. Claims that he looked through the logs and didn't see and major repairs. (Interestingly enough, the AOPA search didn't turn up any 337's either.) Before I could tell him that I want out, he offers to let me out. So, now you know my story. Here's what my inquiring mind wants to know: Up until the past decade or so, the common wisdom was that you shouldn't consider an airplane that ever had an accident. Why bother? There are so many non-damaged airplanes to be had. Recently, however, as the fleet ages, the wisdom has since changed to, "well, if the damage isn't recent, it should be ok." So what do you all think? Never consider a plane with damage history? Consider it if the damage isn't recent? If so, what is considered "recent?" How much would you deduct for an airplane with major damage? |
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