This is a type of appraisal used to inform an aircraft owner, buyer or
seller of the current fair market 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.
All information about the
aircraft is provided by the client and it is the client's responsibility
to verify the accuracy of the data.
American Aircraft Appraisals
will provide a form for gathering the required data and instructions on
how to "assess the condition of major components". Market Analysis have limited usefulness
and cannot be used for obtaining financing or for tax and legal
disputes. They are however an inexpensive way to develop a fair
estimate of actual market value for the condition of the aircraft.
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 data have been provided by the client, 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