Why Do You Need Desktop Valuation

Appraisal for Your Aircraft

What’s the current market value of your aircraft? It's a simple yet not-so-
easy to determine question that may require the help of desktop valuation
appraisal by an expert. Perhaps, more reasons can justify with pertinent
answers. Let’s find out!

A professional appraiser following USPAP standards offers desktop

valuation appraisal with the help of aircraft informational worksheet,
sales data, published value information, etc. Appraisal firms also provide
on-site inspections or pre-buy inspections for appraisal. Since an appraiser
doesn’t visit the aircraft for intense valuation and their scope of work lies
on research from available documented information, it is called desktop
appraisal.

Various unique instances may require you to conduct appraisals, which

include the need of a professional opinion concerning renovation or
modification, damage claim assessment, future aircraft acquisition, finance
or insurance, sale, general conditions, and so on.
An investment of desktop appraisal for owners is a logical and
affordable step to determine the market value of an aircraft. Here,
one could argue over the authenticity and accuracy of such kinds of
assessment or valuation. However, the USPAP-compliant appraisal
firms maintain those stricter standards and quash any such claims.

Owners who choose not to invest a hefty $2000-3000 for on-site

appraisal can opt for desktop valuation. Another way of valuation
is that of a pricing digest, which is inaccurate and inconclusive for
a variety of reasons. The pricing digest valuation is based on
available market data and rough estimation from old data.
Therefore, owners cannot rely on this type of appraisal even if it’s
way too cheap.