Join Date: Jun 2006
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Jeff - I'm probably joining the discussion late here, but I think you did good to raise the point with John. Initially it looks like a windfall for him, but none of us would like to be on the receiving end of a boat with undisclosed repairs.
Being an airplane owner - I can tell you they are literally worthless without the engine and airframe logbooks. Damage history may not be an issue with every buyer, but every buyer is entitled to full disclosure.