(de)value of missing logs?

[wabower]

Quite a few out there, evidently, but that's not the point. The owner of such a plane will lose a significant percentage of the buyer population simply because of the questionable history. They don't really care how many (or how few) hours are undocumented, they just skip to the next ad and let somebody else worry about it.

What dummy do you know that can't tell a 10,000 hour aircraft from a 4000 hour aircraft, with out looking at the logs?