Aircraft Appraisal Information

Purpose of an Aircraft Appraisal

The purpose of an aircraft appraisal is to:

• To obtain a professional independent valuation of the current Market value of an
  aircraft/asset
• To obtain a professional independent valuation of an aircraft to be upgraded
• A professional opinion of the value of an aircraft is useful as a prudent safeguard
  against excessive Tax Assessments, Capital Gains and other taxes
• Appraisals are used to verify Damage Claims resulting from fire, hail, windstorms,
  moving/non-moving incidents, and other natural/manmade disaster
• An appraisal may provide the basis for decision-making in the commitment of funds
  for acquisition/sale
• Provides documented independent evidence of the condition of an aircraft or aviation
  asset
• Helps verify the selling or purchase price of an aircraft
• Assist a prospective purchaser in obtaining financing/leasing or insurance
• Assist the financial institutions by substantiating the current/future market values of
  the aircraft as it relates to collateral
• Assist the financial institution by supporting the Loan Portfolio for examination by the
  Loan Committee and/or Bank Examiner
• Establish value to be used by IRS for charitable contributions/donations
• What will a professional aircraft appraisal cost? Cost will vary contingent upon the
  type aircraft/asset to be appraised. Enclosed you will find a fee schedule