Aircraft Appraisals
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Expert Aircraft Appraisals
At Hancock Aviation, we take pride in providing professional, reliable, and accurate aircraft appraisals. Our team of expert aircraft appraisers thoroughly examines your aircraft, ensuring a comprehensive and market-verified appraisal that meets your specific needs.
With a focus on customer service and uniform standards, trust Hancock Aviation for your aircraft appraisal needs. Let us provide you with the peace of mind that comes with transparent and accurate appraisal results.
The Hancock Aviation Aircraft Appraisal Guarantee
Assigning a monetary value to your impressive and intricate aircraft isn’t as easy as 1-2-3 or looking up comps in the real estate market. Here at Hancock Aviation, we’re a full team of professional appraisers with 15 years to 30 years of general aviation industry experience that know the ins and outs of aircraft, how their design and performance relates to current aircraft market trends, and what they are truly worth when the nooks and crannies are really analyzed. We provide our clients with invaluable insight and information through our appraisal services.
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Why Do You Need a Professional Appraisal?
Calculated by our expertly trained and professional staff with an average of 15 years to 30 years of experience in the general aviation industry, we know how to assess an airplane for its true value. Going beyond simply comparing market values and easy-to-find numbers out of a book, we approach airplane appraisals as an in-depth, researched project.With our certified aircraft appraisal services, you can expect:
- A physical inspection of the aircraft including airframe, engines, props, instrumentation, avionics, and all relative systems
- Review of documentation, logbooks, and associated records;
- Computer analysis of relevant value data;
- Detailed computerized report; and
- A sealed certificate of appraisal, provided to each and every client showing what your aircraft is worth.
To us, an appraisal is a thorough description and inventory of the aircraft that highlights the major points for every level of experience in aviation. Through our proprietary process, we ensure the most accurate and fair monetary assignment is being supplied to our aviation clients.
When it comes to calculating a value for something as grandiose and expensive as your airplane, you want to work with the best of the best. Our team of professional appraisers ensures every appraisal is completed with the following standards:
- Professional opinions of present market value;
- Professional opinions of an aircraft to be modified or renovated;
- Verified damage claims from fires, hail, windstorms, and so forth;
- Decision-making consultation for the commitment of funds;
- Assistance to a prospective buyer in obtaining finance or insurance;
- Assistance to a financial institution in substantiating the value of the aircraft as it relates to collateral; and
- Professional analysis of aircraft compared to other aircraft sales.
Our team adheres to previously established standards of performance and practice to which every member of our team must acknowledge.
Our Visions & Values
At our company, honesty, transparency, and passion drive everything we do. Our goal is to provide fair and accurate valuations to every aircraft buyer and seller. We place a high value on quality, thoroughness, and complete transparency in our evaluations. The result is professional aircraft appraisals that are accurate and valuable. Above all, we prioritize exceptional customer service and providing our clients with a true representation of their aircraft's worth.
Passionate
Transparent
Honesty
True Pricing
Aircraft Appraisals FAQ
An appraisal is the act or process of developing an opinion of value using uniform standards, one that is rooted in industry awareness, education, and available information upon surveillance. From the appraisal, the appraiser makes an official value claim in monetary terms of the real worth of the piece of personal property.
An aircraft appraiser is someone with knowledge, expertise, and credibility to determine the subject aircraft's value. Salespeople and other fraudulent marketing personnel occasionally market themselves as appraisers without the education to prove it. That’s why you only want to work with aircraft appraisers that are professionally trained.
The answer is: as soon as possible. Often, buyers take part in negotiations regarding the aircraft's price before they’ve received a professional valuation. They end up agreeing to a price way above market value for the aircraft. Trapped in a contract, it’s too late to change the real value after consulting the aircraft appraiser.
Yes, we love to cross our t’s and dot our i’s. That means that a written report is always provided, so both the buyer and seller are made aware of the aircraft value and relative condition before partaking in final negotiations. This written report will give the buyer confidence, laying everything out on the table.
It’s a thorough process. Our appraisers examine the aircraft logbooks, conduct a physical inspection of the aircraft, and analyze the general condition and the maintenance history of the aircraft. Our team uses extensive computer-based systems that assist in producing accurate and quick appraisals that line up with market rates and expectations.
Our aircraft appraisal reports look at the airframe, engines, props, instrumentation, avionics, and all relative systems. We also examine aircraft documentation, logbooks, and associated records, cross-checking our findings with a computer analysis of relevant value data.
A sealed certificate of appraisal and the detailed computer-generated report is provided to you upon aircraft appraisal completion.