Northeast Aircraft Appraisals

Professional Aircraft Appraisals

and Market Evaluations

Appraisals for Corporate Jets, Helicopters, Piston Twins and Singles, and Experimental Aircraft.

Certified Member

An Aircraft Appraisal from Goodrich Aviation is a Valuable Tool...

• To the Buyer, the appraisal is an impartial professional opinion as to the value of the particular aircraft they are planning to purchase. The key benefits to the buyer are: Increase your negotiation power, create peace of mind,  improve your return on investment, save time and frustration, and find financing faster. Further, the appraisal can assist in expediting the sale of the aircraft because the buyer and seller know the fair market value and relative condition of the aircraft through the independent appraisal.
• To the Seller, the appraisal gives them the confidence of knowing the condition and the current fair market value of their aircraft. The key benefits to the seller are: Appropriate pricing, reduced sales time, and money saved on advertising.
• To the Lender, the appraisal documents the value, and condition of the aircraft. The appraisal also supports the banks collateral position in the aircraft loan.
• To the Attorney, our services are designed to make the attorney's job easier by facilitating a quicker resolution for your clients concerns. Some key benefits to the attorney are: Diminished Value Reports after accidents, probate and divorce court resolutions, and estate planning assistance.

It's been said that " 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 or a quick look in Trade-A-Plane is both a necessity and just 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 Appraisal by Goodrich Aviation.

Anatomy of an Appraisal.

An appraisal is an impartial opinion of the value of an aircraft, prepared by experts who know all the factors which make up the current behavior of the Used Aircraft market. It is an opinion of value based upon experience and repeated analysis of many factors. It is an opinion of value which can be substantiated and justified. It is an opinion of value made by a Certified, Recognized, Professional Aircraft Appraiser.

The we will acquire all the facts about the aircraft in question. Then we will thoroughly examines the aircraft log books, inspects the exterior and interior of the aircraft and pay close attention to the present condition and the maintenance history of the aircraft. Utilizing the National Aircraft Appraisers Association's extensive database, enables the us to give an accurate and prompt aircraft appraisal.

As a Member of the National Aircraft Appraisers Association Goodrich Aviation Will Assure the Best Possible Information by Providing the Following Services.

• Detailed examination of airframe, engines, props, instrumentation, avionics and all relative systems.
• Careful review of aircraft documentation including log books etc..
• Computer analysis of relevant data.
• Sealed Certificate of Appraisal with detailed computerized report submitted to client.

  What is the Purpose of an Appraisal?

• To obtain a professional opinion of the present fair market value on an aircraft.
• To obtain a professional opinion of the value on an aircraft to be renovated or modified.
• An expert opinion of the value of an aircraft is useful as a prudent safeguard against excessive Tax Assessments, Capital Gains and other taxes.
• Appraisals are used to verify Damage Claims resulting from fire, hail, windstorms, accidents and other disasters.
• An appraisal may provide the basis for decision-making in the commitment of funds for acquisition.
• Provides persuasive independent evidence of the condition of an aircraft.
• Assist a prospective purchaser in obtaining financing or insurance.
• Assist the financial institutions by substantiating the nature and value of the aircraft as it relates to collateral.
• Assist the financial institution by supporting the Loan Portfolio for examination by the Loan Committee and/or Bank Examiner.
• Distinguishes sellers aircraft from others that may be listed for sale. should reduce the time required to sell an aircraft by 50%.

How Much Will the Aircraft Appraisal Cost?

Fees vary depending on the size of the aircraft and the length of time involved in completing analyses of all relevant data.

How Much Time Should An Appraiser Have to Complete the Report?

One must allow sufficient time for the appraiser to do a thorough job. The appraiser may spend a short time actually inspection the aircraft, but will spend considerable time researching data. The Certificate of Appraisal and Inspect Data Sheet Analysis of the Appraisal is issued after the physical inspection of the aircraft has been completed.

Standards of Professional Practice and Conduct.

The National Aircraft Appraisers Association has established rigid standards of professional practice and conduct to which every Association Member must adhere. It is essential to all parties receiving and relying upon appraisals that these standards be meticulously maintained.

Conclusion...

The National Aircraft Appraisers Association provides a broad range of service to the aviation industry through its professional approach to aircraft valuations.