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Factory Aircraft
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
Counts:
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.
Avionics:
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, 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
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