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The Aircraft
Appraisal is a Valuable Tool.
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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.
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To the Seller, the appraisal gives them the confidence
of knowing the condition and the current fair market value of their
aircraft.
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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.
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Detailed examination of airframe, engines, props,
instrumentation, avionics and all relative systems.
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Careful review of aircraft documentation including log books
etc..
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Computer analysis of relevant data.
What is the Purpose of an
Appraisal?
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To obtain a opinion of the present fair market
value on an aircraft.
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To obtain a opinion of the value on an aircraft
to be renovated or modified.
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An opinion of the value of an aircraft is useful as a
prudent safeguard against excessive Tax Assessments, Capital Gains
and other taxes.
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Appraisals are used to verify Damage Claims resulting from
fire, hail, windstorms, accidents and other disasters.
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An appraisal may provide the basis for decision-making in the
commitment of funds for acquisition.
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Provides persuasive independent evidence of the condition of
an aircraft.
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Assist a prospective purchaser in obtaining financing or
insurance.
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Assist the financial institutions by substantiating the
nature and value of the aircraft as it relates to collateral.
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Assist the financial institution by supporting the Loan
Portfolio for examination by the Loan Committee and/or Bank
Examiner.
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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?
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Single Engine, Low
Performance |
$300
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Single Engine, High
Performance |
$375
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Twin Engine, 6 Seats or Less
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$500
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Twin Engine, Cabin Class
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$800
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Turboprop, 10 seats or less
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$1,000
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Jet, 10 seats or less
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$1,250
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Transport Category Aircraft
(12,500 lbs and up) |
$150 per hour
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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. |