This type of
appraisal is used to inform an aircraft owner, buyer, or seller of the
value of a certain aircraft. This process is more accurate than a
Book Value since the "actual condition" of the aircraft will be
considered. It has a substantially lower cost than a Certified
Appraisal because the appraiser does not visit the aircraft.
The client
is responsible for providing and verifying the accuracy of the data.
Just Plane Appraisals
will provide a form for gathering the required data and instructions on
how to "assess the condition of major components". A
Market Analysis has limited usefulness
and cannot be used for obtaining financing or for tax and legal
disputes. It is however, an
inexpensive way to develop a fair estimate of actual market value based
on aircraft condition.
When received, the data will be checked for accuracy and
completeness. The data will then be processed using the same NAAA
software and databases that are used for a Certified Appraisal.
The Market Analysis report is similar to a Certified Appraisal with the
exception that since the client has
provided the data, and the appraiser has not visited the aircraft, the
report cannot be certified!
If you have any question about whether you should be getting a
market analysis or certified appraisal, please contact us. We
will be happy to discuss your particular needs and recommend the
appropriate service.
Market Analysis Forms
