October 17, 2023
World's Leading Business Aviation Consulting & Brokerage Firm
We recently delved into the often-challenging topic of how to effectively price your business jet.
In that blog, we posed some relevant questions regarding what you should consider when you’re trying to assign a market value to your aircraft and why.
Now, drilling a bit deeper into the issues, we want to pinpoint some of the critical factors to help you confidently valuate your aircraft. These considerations can help regardless if the market—the general climate for jet sales—is soft or robust, stable or fluctuating.
The age, condition, features and performance record of your aircraft are certainly vital to any credible valuation of it.
But so are the external factors—the market and general economic environment at the time of your valuation.
As mentioned, we touched on a few of these market factors. Now we’ll offer some additional context for pricing your aircraft.
Following is a more comprehensive list of key market considerations to help you put a more accurate valuation on your airplane. Knowing the answers will help you determine the value potential when it’s time to remarket and sell.
Other factors affecting the price of your jet:
The preceding factors ought to be a strong focus of your assessment and valuation. But don’t forget that there’s no better way to effectively evaluate your aircraft than to try and absorb everything you can regarding the current market. That way you can see how your aircraft measures up.
Also keep in mind that there’s no "silver bullet" to aircraft valuation and pricing. There’s no absolute framework by which to judge the value of your aircraft.
An aircraft’s value is best determined on a plane-by-plane basis, with all the unique considerations of your potential buyer’s needs measured against your plane’s attributes. The results, hopefully, are for a mutual agreement between the buyer and you, the seller.
Considering the above-mentioned, we’d be remiss not to pitch our own expertise in this valuation equation. As jet brokers, the core of our business is understanding aircraft value and how those values are affected by the influences in our market.
We view our clients as the best business people in the world, and we consider it our job to provide them with the information necessary to make an intelligent assessment of their aircraft, and then help them to execute a sale transaction flawlessly. And we always start by listening and diagnosing before we offer any solutions.
At Guardian Jet, we’ve developed a very comprehensive methodology that focuses on how aircraft, on a relative basis, will perform in terms of resale value.
If you’d like a quick and accurate calculation of your airplane’s value, we’re here to help. Visit our aircraft valuation page or call us at +1-203-453-0800.Contact Guardian Jet
Learn the latest about aircraft sales, brokerage trends and more.
By submitting your information, you acknowledge that you may be sent marketing material and newsletters.