An aircraft’s asking price is only the starting point. Engine time, maintenance history, equipment, damage history, and the quality of its records can all affect what it is worth.
Aircraft Prices helps piston and turbine aircraft buyers understand value, identify questions, and prepare for the next step.
Before You Make an Offer
Understand the market.
Compare similar aircraft and consider differences in condition, engine time, avionics, equipment, and maintenance. Advertised prices show what sellers are asking; they do not necessarily show what buyers are paying.
Confirm what the engine time means
Time since new, time since major overhaul, and time since a repair describe different things. Verify the stated time and the documentation supporting it.
Review the aircraft’s history.
Ask about accidents, damage, major repairs, ownership changes, and missing records. An aircraft that looks excellent may still have a history that affects its value.
Examine the logbooks.
Request readable records for the airframe, engine, and propeller. Gaps, missing entries, or poorly organized records deserve attention before you commit.
Arrange an independent pre-purchase inspection.
Choose a qualified mechanic or maintenance facility experienced with the aircraft model. Agree on the inspection scope before work begins.
Understand the purchase terms.
Know when your deposit becomes nonrefundable, what inspection rights you have, and what happens if discrepancies are found. Have the purchase agreement reviewed by an aviation attorney.
Start With an Aircraft Market Value Report
Receive an opinion of market and wholesale value, along with a review of available aircraft history and records. Use the findings to help evaluate the asking price and prepare questions for the seller.
Need a USPAP-Compliant Appraisal?
Our Desktop Appraisal provides a documented value opinion based on available aircraft information, records, and market research. Confirm the intended recipient’s requirements before ordering.
Considering a Jet, Turboprop, or Helicopter?
Visit AEROMAX, USA for turbine aircraft appraisal and acquisition due diligence services.
A valuation report does not replace a pre-purchase inspection, title search, or legal review.