I wouldn't.  I would want a complete photo history with closeups at every stage of the build + a detailed listing of who did what including the engine overhaul and engine install.

A conscientious builder tends to do all that anyway.

There are plenty of really good airplanes for sale with docs.

You are relying a lot on the attitude/craftsmanship/knowledge of the people that touched the airplane.   If you can't identify and characterize them, then you don't really know what you are getting.

Colyn

On Sep 16, 2010, at 12:51 PM, danny.miller@verizon.net wrote:

This airplane is available on barnstormers.com and elsewhere.  It appears to be a pretty nice airplane, nicely equipped for a reasonable price.  However, it comes with no factory or builder documentation whatsoever, and that concerns me.  Am I being overly cautious or concerned about nothing?  Would any of you buy a used experimental with no docs?

LANCAIR 360 IFR • $72,000 • FOR SALE BY OWNER • Lancair 360 (1994) IFR. TT 554 hrs – IO 360 rebuild with new prop 20 hrs. Paint and inside 10/10. 200+ TAS. Equipment includes HSI, Stec, 3 axis autopilot, Angle of Attack, King 89b GPS, Lowrance 2000 GPS, KX 155 radio, KX 125 radio, KT 76c transponder, JPI 740 engine monitor. Large outback gear, new Cleveland brakes. Always hangered.

Thanks,
Danny
Still looking for the right plane.

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