|
Purpose & Who Uses Aircraft appraisals |
What is the purpose of an appraisal?
An NAAA Certified Aircraft 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.
What a Certified Appraisal is not, is a number pulled from a book or internet tool. Don’t be fooled into believing that you can get an accurate value for an aircraft by using a price guide. Sure, you can get a ballpark idea as to the value of an aircraft by using a book value, but you are using assumptions that if wrong, could cause a significant deviation from the true value of the aircraft.
A Certified Aircraft Appraisal will help you to avoid using a "ballpark" value, and will remove all doubt as to the true and accurate value of the appraised aircraft. An accurate value is important for a number of reasons:
Who uses certified appraisals and why?
Buyers: It is every buyers goal to maximize value (the greatest value for the least cost.) A certified appraisal helps the buyer to accomplish this goal. Because the buyer knows what the appraised value of the aircraft is, they are able to accurately assessess the price. They can then make the decision if they want to pay that price and have a solid understanding of how the stated price is placed in the market, and if that price represents a good or a bad deal.
Sellers: . It is every sellers goal to achive maximum profit on any sale. A certified appraisal can provide the seller with an accurate assessment of what their aircraft is worth. This allows them to set a price that will give them the best opportunity to sell the aircraft in a timely way and achive the maximum value for the sale. By obtaining a certified appraisal the seller can use this as a way to justify the price asked and can be confident this is a fair pricebr />Bankers: The NAAA Certified Appraisal documents the value and general condition of the aircraft. The appraisal also supports the bank's collateral position in the aircraft loan by verifying that the aircraft is what it is said to be. Any Banker who does self-evaluations without any manner of verifying the collateral exists, or that the aircraft is equipped as represented, is putting his bank at risk for a major loss should the client default. Why take on a risk of this magnitude when you can send Air Appraisal Company to conduct a thorough evaluation that will put you at ease?
Attorney: The Aviation Resource Certified Appraisals are complete and follow standardized practices of aircraft appraisal. As all appraisals are based on factual information that has been gaither via a professional, on-site physical inspection of the aircraft the reports can be and have been used in court to establish the value of an asset. Appraisors can also be used as expert witnesses. The Aviation Resource provides you with a varied choice of Aircraft Appraisal Types.Let us assist you in selling or purchasing your aircraft. Give us a call or email us today to receive a price quote and the help your looking for. 321 332-7747
|
|
|
