An aircraft is an expensive investment. Whether it is time to buy, sell, donate or determine fair market for litigation purposes - we can help.
Some of the ways an appraisal is used to:
- Obtain a professional opinion of the present fair market value of an aircraft.
- Obtain a professional opinion of the value of an aircraft to be renovated or modified.
- Provide expert opinion of the value of an aircraft as a prudent safeguard against excessive tax assessments, capital gains and other taxes as well as to justify values in litigation and during donation.
- Verify damage claims resulting from fire, hail, windstorms, accidents and other disasters.
- Provide the basis for decision-making in the commitment of funds for acquisition.
- Provide 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.
- Distinguish seller's aircraft from others that may be listed for sale. This should reduce the time required to sell an aircraft by 50%.
The SINGLE Most Frequently Asked Question
Why not use a database market source to determine value?
The Answer
You are not buying or selling an 'average' aircraft. You are buying or selling a specific
aircraft. An
appraiser determines a value based upon the specific aircraft - not some general market
average. An appraisal can be done from the appraiser's desktop - but often times an appraisal requires the aircraft be
seen and the data collected to be done in person.