Get Aircraft Appraisal Sample

What is the purpose of the appraisal? It is to assure the bank that the loan they are giving you is protected by an asset of adequate value. The appraiser's job is to try to determine "market value" based on comparable sales in the nearby neighborhood.

The average cost of a Certified Business Jet Appraisal is between $3,500 and $7,500 depending on the project, plus expenses. Be aware however that a standard appraisal is not the same as a pre-buy inspection for purchase, which can run between $10,000–$50,000 depending on the size and scope of the work.

When a certified appraiser performs a desktop appraisal, they can determine an aircraft's value by analyzing: Recent prices. The number of days an aircraft has been on the market. Upgrades. Logbooks. Maintenance records. The aircraft's specifications. Upcoming maintenance expenses.

To determine what an aircraft is worth, the interested party is usually left with three options: a published aircraft value guide, obtaining a “desktop appraisal,” or having a professional aircraft appraisal completed.

The average cost of a Certified Business Jet Appraisal is between $3,500 and $7,500 depending on the project, plus expenses. Be aware however that a standard appraisal is not the same as a pre-buy inspection for purchase, which can run between $10,000–$50,000 depending on the size and scope of the work.

To determine what an aircraft is worth, the interested party is usually left with three options: a published aircraft value guide, obtaining a “desktop appraisal,” or having a professional aircraft appraisal completed.

An aircraft appraisal is an unbiased opinion of the value of your aircraft and its current condition. Similar to a home appraisal, an aircraft appraisal helps you answer the question, "How much is my jet worth?" This is essential information in order to sell, insure or properly account for your jet.