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Are Damage History and Missing Log Books Serious Concerns when Appraising an Aircraft?

If evaluating any aircraft was simply a matter of utilizing key numerical data about the subject aircraft, then arriving at a final value would involve little more than grinding through a formula. However, the average age of the General Aviation fleet is about 35 – 40 years old and there are many other variables to …

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How to Set a Fair Buying or Selling Price for your Aircraft?

This article was written by Mike Simmons, President of Plane Data, Inc. and originally published in the February 2002 edition of The Avaition Consumer. One of the most heated debates in ownership circles— involving both veteran owners and wannabes—is how to determine a fair market value for a used airplane. Evaluating an airplane to set a …

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How to Determine an Aircraft’s Market Value?

One of the most overlooked and misunderstood attributes in the purchase of an aircraft is its “market value” which may be very different from the negotiated price. This issue usually arises because of problems that have not been revealed or otherwise considered. Generally, buyers would like to have an unbiased and impartial option of value …

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How Important is Proper Documentation When Financing an Aircraft?

Occasionally when I perform an appraisal for a bank, the current owner or perspective buyer wants to hang around to see what is involved in an aircraft appraisal.  Normally, this is not a problem and they can provide some useful information if questions come up. The only difficulties arise when someone attempts to influence the …

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What should you know before hiring an aircraft appraiser?

One of the factors which impacted both the S&L collapse of the ‟80s and the real estate crisis early in the 21st century was artificially inflated evaluation reports from supposedly professional real estate appraisers. Aircraft financing has been impacted just as seriously even though this situation isn‟t something most lenders will discuss openly. However, it …

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