Certified Aircraft Appraisals: This appraisal determines the current retail, wholesale, or liquidation value of an aircraft. This is the most common type of appraisal we perform and is accepted by all banks and IRS approved. All Aeromax, USA appraisals conform to the high ethical standards of the Uniform Standards of Professional Appraisal Practice (USPAP) requirements.
Retrospective Appraisals: Determines what an aircraft was worth on a date in the past.
Prospective Appraisals: Estimates what the aircraft will be worth at a future date based on economic and industry trends and forecasts.
Damaged Aircraft Analysis and Diminution in Value: This service analyzes an aircraft damage event to determine whether a diminution in value is warranted, and if warranted the amount of diminution. All repairs must be completed, documented and the aircraft or helicopter returned to service before a diminution report can be certified.
Expert Witness: Litigation assistance as part of the Aircraft Appraisal practice from pretrial preparation to courtroom. Also available to review records and render opinions. CV and fee schedules are available upon request.
Qualified IRS Appraisal Report: Regarding Noncash Charitable Contributions.
Certified Aircraft Appraisals include:
An on-site examination of the subject aircraft’s interior, exterior, and cockpit to document and evaluate the condition and appearance, plus an inventory of installed equipment, avionics, modifications, and factory options. Also accomplished is a review of aircraft’s logbooks and documentation as they relate to value. This review checks: damage history; maintenance history; inspection status; time-life items; cycle-life items; Airworthiness Directives; Service Bulletins; airframe, engine, propeller, and APU times/cycles; maintenance programs such as MSP, TAP, ESP, JSSI.
Thorough research and analysis of the current market for the subject aircraft. This includes locating and using actual sales prices of similar aircraft for comparisons whenever possible.
The Certified Appraisal Report is delivered in PDF format. Depending upon the aircraft type, the finished Certified Appraisal Report is usually ready for delivery in less than 72 hours after the on-site aircraft examination.