Aviation valuations require an aviation specialist
Southern Aircraft Sales is frequently consulted to provide professional valuation services across New Zealand, Australia, PNG, Indonesia and the South Pacific region. We have a long and proud history of assisting aircraft owners with their valuation requirements.
SASL valuations are supported by our decades of experience with fixed wing / helicopter sales and aircraft ownership. This has allowed us to cumulate a long and extensive knowledge of the global aviation marketplace.
Underpinning this experience is simply our passion for all things aviation, aircraft and flying since as long as we can remember.
Aircraft types
Piston - Turbo prop - Light jet - Competition - Gliders - Warbirds - Cargo - Parachute - Vintage - Agricultural - Microlight - Experimental - Amateur built
Fixed Wing
Aerostar - Aero Commander - Aero Vodochody - Alpi - Apia - Airtourer - Avia - Beechcraft - Britten Norman - Cessna - Champion - Cirrus - Commander - Cresco - Curtis - De Havilland - Douglas - Extra - Fleet - Fletcher - GD Convair - Gippsland - Glassair - Grumman - Gulfstream - Hawker Siddeley - Jabiru - Jodel - Kodiak - Lancair - Learjet - Maule - Micro - Mooney - Nanchang - North American - PAC - PZL - Partenavia - Percival - Pilatus - Piper - Pitts - Protec - Rihn - Robin - Rockwell - Rutan - Stearman - Socata - Sukhoi - Tecnam - Vans - Waco - Wilga - Yakovlev - Zlin
Rotor Wing
Robinson - Bell - Hiller - Hughes - Schwiezer - Sikorsky - Aerospiatiale - Eurocopter - Kawasaki - MD - Airbus
Gliders / Sailplanes
Schweizer - ShemppHirth - Schliecher - Pipstrel - PZL - Dg Flugzeugbau - Grob - ICA - Schneider - Aeromot - Glasflugel - Centrair - Profe Banjo - Diana - Zd Delta
Aviation valuation reports do vary depending on the purpose that it is required to serve.
The type of report determines the scope of information to be included and the level of follow up support likely to be required.
All valuation reports do have to take into consideration these facets of the aircraft and its components;
Market Valuation
Either buying or selling this determines the most likely sale price that an aircraft will acheive for a specific market and market conditions.
This assessment is mainly determined by historic trading records. It is normally not enough to simply have a look online at what prices are currently published, as often the asking price and the final achievable sale price can be quite different.
Insurance Valuation
Universally and internationally there are two common consistencies with insurance;
1. Cars and boats are frequently over insured, whilst aircraft and hangars are frequently under insured.
2. The total cost of aircraft repair or replacement most often comes in more, not less, than originally estimated at the time the insurance is purchased.
It is imperative that your insurance considers the total true costs of repair or replacement including future risks and cost escalation. In most cases we find owners are astounded at the shortcomings of their own estimate, and unfortunately, too often this realisation is only after the loss has occurred.
In the business of fixed wing or helicopter ownership this relatively small cost should be just a component of the scheduled annual maintenance.
Retrospective Valuation
Determines the precise market value of an aircraft at a specific time in the past.
This is most frequently associated with insurance claims where a dispute over the value claimed can be protracted for years.
For us this assessment is normally straightforward and is precisely why we say that a valuation practitioner is only as good as their actual historical market records.
Like most professional services, valuation fees are driven by time spent, and the time spent is driven by the scope and complexity of the task.
We can normally provide an estimate or fixed price for the finished valuation, once the client's requirements are understood.
To receive a no obligation estimate/quote simply email us some recent images and the high level technical details and we can take a look for you; valuation@southernaircraftsales.com
Non-Disclosure and Confidentiality
All information provided to us regardless of whether or not we have been formally engaged by a client, is bound by our published NDC policy (under our T+C), as well as the Valuer's Institute Code of Ethics.
Experience: 25+ years in the aircraft trade, 21+ years specifically in aviation valuation. Also circa 30 years general aviation flying, international aircraft delivery and aircraft ownership experience - that is not also helpful, it is critical.
Reputation: just ask around, SASL is well known internationally.
Market data: hardcore international sales data from as long as we have been in business.
Fast turnaround: normally single valuations can be turned around within 5 days of confirmation.
Under promise and over deliver: the most consistent feedback from our clients is that SASL are easy to do business with and they got more than they were expecting.
Aircraft valuations are akin to aircraft maintenance - there are no short cuts or ballpark half jobs, and the consequences of any oversight or neglect can be at best, costly.
Therefore, always consider the following when comparing valuation fee estimates;
1. Valuation report scope
The definition of a ‘valuation report’ can be very ambiguous. You should always request to see a sample of the practitioner's standard report so that you can see the scope of information that will be included.
2. Desktop vs. full inspection
Desktop valuations are normally for self-serving assessments that do not involve a third party.
Any valuation required to support a third-party interest including financial or legal, normally needs to include a full inspection of the airframe and its logbooks.
Valuation for insurance indemnity can often be completed without a full inspection, however this is subject to the quality of information provided and our having already seen or inspected the aircraft prior.
There is only so much that photos supplied can determine and we have never seen a less expensive desktop valuation ultimately hold water under judicial scrutiny.
We provide as many desktop valuations as we do full inspection valuations, however strict limitations apply for desktop.
3. Compliance
Ensure that the valuation will meet compliance, especially with your lenders and insurers.
Just because you approve a valuation quote, and even though you are normally the one paying for it, does not necessarily mean a third-party will accept it.
4. Validated aviation market intel'
Accurate valuations can only be based on solid market intel. It is never enough to just call oneself an aviation valuer, or to do aviation as a sideline, or base an assessment purely on a generic 'Bluebook' price digest.
Normally a valuation practitioner's core business will be in the aircraft trade and their valuation service is ancillary.
Unlike land and property, aircraft sale transactions are rarely made public record, therefore the business of tracking aircraft sales worldwide is the only way that a valuer can accurately determine the level that a particular aircraft type and market is actually trading.
