is a Certified Appraisal Performed?
A Certified Aircraft Appraisal begins with a thorough
examination of the exterior and interior of the aircraft.
Special attention is paid to the condition of the airframe,
paint, engines, propellers and instrumentation. The avionics
and related flight instruments are inventoried to insure
they are properly accounted for in assessing the value of
the aircraft. The panel layout, optional systems, deicing
systems, cabin and interior condition are also evaluated.
Airframe and engine modifications as well as signs of
present damage are documented. Service Bulletin status and
Airworthiness Directive (AD) status are reviewed as is the
status of any historical damage repairs. The condition of
"wear items", e.g. tires, paint, interior, etc. are compared
to comprehensive and detailed written NAAA standards. (To
view an example of one criteria used by NAAA appraisers
The logbooks and paperwork are carefully reviewed because
these document the historical care or abuse that was given
to this particular aircraft. This review documents whether
maintenance was done to keep the aircraft in top condition
or just to maintain a minimal level of air worthiness.
Frequently what is not recorded is important, e.g. missing
annual inspections, missing or defaced pages, and
undocumented modifications. Special attention is given to
any incidents of past damage as this may or may not have a
significant impact on the aircraft's value.
Click here to
review how historical damage events are handled.
After the aircraft inspection and paperwork examination is
complete, the process of establishing the aircraft's value
begins. Utilizing the databases and proprietary software
developed by the NAAA, the information from your aircraft is
entered into the NAAA database (this database is updated
every month). After the detailed Aircraft Appraisal
(typically 6 to 12 pages) is generated, it is reviewed by a
Certified Appraiser for accuracy. Once the appraisal has
been approved it is signed and stamped as a NAAA Certified
Click here to view a sample report.