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The Aircraft Appraisal is a Valuable Tool.

  •       To the Buyer, the appraisal is an impartial professional opinion as to the value of the particular aircraft they are planning to purchase. Further, the appraisal can assist in expediting the sale of the aircraft because the buyer and seller know the fair market value and relative condition of the aircraft through the independent appraisal.

  •       To the Seller, the appraisal gives them the confidence of knowing the condition and the current fair market value of their aircraft.

  •       To the Banker, the appraisal documents the value, and condition of the aircraft. The appraisal also supports the banks collateral position in the aircraft loan.

It's been said that "An aircraft is worth what someone will pay for it." Therefore, when setting a selling price for something as valuable as an aircraft, more factual advice than that given by a well-meaning friend is both a necessity and just common sense. Of course this is just as important on the corporate level. Costly mistakes can probably be avoided through the use of a Aircraft Appraiser.

Anatomy of an Appraisal.

An appraisal is an impartial opinion of the value of an aircraft, prepared by experts who know all the factors which make up the current behavior of the Used Aircraft market. It is an opinion of value based upon experience and repeated analysis of these factors. It is an opinion of value which can be substantiated and justified.

The Aircraft Appraiser must acquire all the facts about the aircraft in question. The appraiser thoroughly examines the aircraft log books, inspects the exterior and interior of the aircraft and pays close attention to the present condition and the maintenance history of the aircraft.

We Assure the Best Possible Information by Providing the Following Services.

  •       Detailed examination of airframe, engines, props, instrumentation, avionics and all relative systems.

  •       Careful review of aircraft documentation including log books etc..

  •       Computer analysis of relevant data.

What is the Purpose of an Appraisal?

  •       To obtain a opinion of the present fair market value on an aircraft.

  •       To obtain a opinion of the value on an aircraft to be renovated or modified.

  •       An opinion of the value of an aircraft is useful as a prudent safeguard against excessive Tax Assessments, Capital Gains and other taxes.

  •       Appraisals are used to verify Damage Claims resulting from fire, hail, windstorms, accidents and other disasters.

  •       An appraisal may provide the basis for decision-making in the commitment of funds for acquisition.

  •       Provides persuasive independent evidence of the condition of an aircraft.

  •       Assist a prospective purchaser in obtaining financing or insurance.

  •       Assist the financial institutions by substantiating the nature and value of the aircraft as it relates to collateral.

  •       Assist the financial institution by supporting the Loan Portfolio for examination by the Loan Committee and/or Bank Examiner.

  •       Distinguishes seller’s aircraft from others that may be listed for sale. Should reduce the time required to sell an aircraft by 50%.

How Much Will the Aircraft Appraisal Cost?

Single Engine, Low Performance

$300

Single Engine, High Performance

$375

Twin Engine, 6 Seats or Less

$500

Twin Engine, Cabin Class

$800

Turboprop, 10 seats or less

$1,000

Jet, 10 seats or less

$1,250

Transport Category Aircraft (12,500 lbs and up)

$150 per hour

Fees vary depending on the size of the aircraft and the length of time involved in completing analyses of all relevant data.

How Much Time Should And Appraiser Have to Complete the Report?

One must allow sufficient time for the appraiser to do a thorough job. The appraiser may spend a short time actually inspection the aircraft, but will spend considerable time researching data. The Certificate of Appraisal and Inspect Data Sheet Analysis of the Appraisal is issued after the physical inspection of the aircraft has been completed.

 

Contact John Zeidler at 812-426-1221 or by email
for assistance in buying or selling an aircraft.



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