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Destroyed Aircraft

Ghetto Sled

Dont pet cocktail monkey
Joined
Dec 5, 2005
Posts
48
Total Time
some
Would anyone consider buying an aircraft that has been destroyed?
The airplane crashed in '67, was rebuilt in '68 and has been flying since. It is a cherokee 6. The N-number was changed when the aircraft was fixed. The pilot fell asleep and crashed. The tail is the problem area. The aircraft has completed all annuals and has passed a pre-buy inspection.

How does this effect the value of this aircraft, especially the resale.
 

TWA

Member
Joined
Jul 31, 2005
Posts
581
Total Time
3.1415
A properly repaired/rebuilt aircraft is just as good as one with no damage history. You will want to have the damaged areas/repairs checked by a trused A&P, preferably one who has never worked on the aircraft in question. However, aircraft with damage history do sell for less than aircraft without. Don't let the guy selling it try to get VRef value out of it, as the free VRef on AOPA does not have a damage variable. Insurance normally isn't a problem, the only difference is in the hull value.
 

svcta

"Kids these days"-AAflyer
Joined
Nov 14, 2004
Posts
1,767
Total Time
SOLO!
Your resale market is diminished dramatically when you can't say "NDH". Especially when there are a lot of Cherokee 6s in the world with out damage history.
 
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