|Anatomy of an Appraisal.
An appraisal is an impartial opinion of the value of an aircraft, prepared by experts who know all the factors which make up the current behavior of the used aircraft market. It is an opinion of value based upon experience and repeated analysis of these factors. It is an opinion of value which can be substantiated and justified. It is an opinion of value made by a certified, recognized, professional aircraft appraiser.
The professional aircraft appraiser must acquire all the facts about the aircraft in question. The appraiser thoroughly examines the aircraft log books, inspects the exterior and interior of the aircraft, and pays close attention to the present condition and the maintenance history of the aircraft. Utilizing the National Aircraft Appraisers Association's extensive computer system enables the appraiser to give accurate and prompt aircraft appraisals.
National Aircraft Appraiser's Association Members Will Assure the
Best Possible Information by Providing the Following Services:
Detailed examination of airframe, engines, props,
instrumentation, avionics and all relative systems.
Careful review of aircraft documentation including
log books etc.
Computer analysis of relevant data.
Sealed Certificate of Appraisal with detailed
computerized report submitted to client.
What is the Purpose of an Appraisal?
To obtain a professional opinion of the present
fair market value on an aircraft.
To obtain a professional opinion of the value
on an aircraft to be renovated or modified.
An expert opinion of the value of an aircraft
is useful as a prudent safeguard against
excessive tax assessments, capital gains and
Appraisals are used to verify damage claims
resulting from fire, hail, windstorms, accidents and
An appraisal may provide the basis for decision-
making in the commitment of funds for
Provides 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
Assist the financial institution by supporting the
loan portfolio for examination by the loan
committee and/or bank examiner.
Distinguishes seller's aircraft from others that
may be listed for sale. It should reduce the time
required to sell an aircraft by 50%.