How much is an aircraft worth? Most of the private propeller
aircraft are more than 30 year old. Over the years these
aircraft have been modified, upgraded, and refurbished to
the point where many look and perform like a new plane. But
others have had less updating.
The very nature of older aircraft dictates that No Two
Are The Same.
Maintenance accounts for a major portion of the cost of
ownership. An aircraft due for a major overhaul is worth
considerably less than one recently overhauled. Aircraft
with a damage history have less value than a plane with a
clean history. The
NAAA appraisal process and software fairly and
objectively asses the value of components requiring routine
maintenance and damage history.
Not only are there thousands of avionics types,
manufactures, and model combinations but they differ widely
in value. Consequently avionics have a substantial impact on
the aircrafts value. It is not uncommon for the value of
avionics from one aircraft to another to differ by $100,000
or more Failure to consider the avionics would be a major
error. The NAAA
process does it right!
Quality of exterior finish:
not only affects how the aircraft looks, it affect the
aircraft's value. Paint quality not only affects appearance
but aircraft performance. Variation here can be extreme, and
significantly affects value. Again, the
NAAA appraisal process does this objectively and fairly.
What is the engine worth:
The engine is the most critical part of the aircraft.
Requiring routine maintenance and overhauls, engines are
important. Again the same plane may have different engines.
The NAAA appraisal process utilizes a
database of thousands of engine configurations and overhaul
cost together with the current maintenance status of the
planes engines to assess the engines contribution to the
value of the aircraft..
When comparing professionalism, experience, knowledge,
reliability, accuracy, technique, acceptance of reports by
financial and government institutions, and overall quality
of work, AAQAS stands far above the competition.
To find out more about the appraisal process click here. To
request more information about a Market Analysis or
Appraisal, click here.