|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
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.
Quality of exterior finish:
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!
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
value. Again, the NAAA appraisal
process does this objectively and fairly.
What is the engine worth:
When comparing professionalism, experience, knowledge, reliability,
accuracy, technique, acceptance of reports by financial and government
institutions, and overall quality of work, Chesapeake Aircraft Appraisal
stands far above the competition.
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
To find out more about the appraisal process click
here. To request more information about a Market Analysis
or Appraisal, click here