- For the Seller, the appraisal gives them the confidence of knowing the condition and the current fair market value of their aircraft.
- For the Banker, the appraisal documents the value, and
condition of the aircraft. The appraisal also supports the banks
collateral in the aircraft loan.
It's been said, "An aircraft is worth what someone will pay for it."
Therefore, when setting a selling price for something as valuable as an
aircraft, more factual advice than that given by a well-meaning friend
is both a necessity and common sense. Of course, this is just as
important on the corporate level. Costly mistakes can be avoided
through the use of a Professional Aircraft Appraiser.
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