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, National
Helicopter Service 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 |
