An appraisal is the only real way to determine an aircraft's actual market value. This is accomplished by a visual examination of the aircraft by a professional appraiser. The exterior is inspected for damage, corrosion, loose or missing fasteners, paint condition, airframe condition and tires condition. A check is made for oil and fluid leaks around engine and landing gears. The interior of cockpit, passenger area and baggage compartment are checked to determine the condition of seats, carpets, head and side panels, glass, glare shield, etc. A thorough search of the log books and  aircraft records is made for the latest airworthiness advisories (AD’s), damage history, and for completeness of the log books, maintenance history, etc.. Every effort is made to accomplish this task in a time frame agreed on between appraiser and client.

 

Aircraft Appraisals

Buyers and sellers use the appraisal to determine current market value before buying or selling an aircraft. Lenders use the appraisal to substantiate their collateral value. Legal professionals use the appraisal as factual evidence of property value.

 

SCM Associates, Inc.

163 Main Street

Penn Yan, NY 14527

Phone: 315-536-2394  Fax: 315-536-7468

E-mail: sales@scmassociates.com

Benefits

Appraisals