Essential Tips for the Purchase of Used Aircraft
If in any case you will be going for the purchase of an aircraft, you sure know of the fact that this is such a big time investment and venture and as such one that needs to be taken with all the seriousness in consideration that it deserves. This happens to be even more particular where you happen to be looking at the purchase of a used aircraft. These are some of the things and factors that have been recommended by the experts to be taken into account when it comes to the purchase of a used aircraft.
First and foremost, you need to know of the fact that there is a need for you to conduct a VREF on the particular aircraft that you will have identified for purchase. A VREF is the only thing that will tell a buyer of the veracity in the values that have been attached to the aircraft. Naturally, the pricing of the aircraft is one of the things that as a buyer you want to be well clear on as you make your purchase of aircraft and this you will only be able to settle where you make use of the VREF free aircraft value calculator.
Moreover, when it comes to the purchase of aircrafts, you as well need to be aware of the fact that you need to ensure completion of a pre-purchase inspection. You want absolutely no surprises after the purchase and as such this inspection is as important. You need to make sure that the aircraft you will be making a purchase of is one that has its parts easily obtainable locally and that the local mechanics will be able to serve it.
Valuation of an aircraft is one of the things that you need to be well appraised on when it comes to the purchase of a used aircraft. The resale value of a used aircraft is actually a variable that is dependent on a number of factors and features as have been outlined below.
One of these is the engine hours and this actually has such a strong impact on the resale value of the aircraft. In so far as this goes, you need to know of the fact that the closer the engine will happen to be to its recommended time between overhaul, the lesser its value will be. Over and above these, you need to know of the fact that you need to be as keen on the records of regular use and as well the maintenance schedule that the craft has had over the period of use.