Selling an aircraft is a significant transaction that requires careful preparation to ensure a smooth process and to maximize your financial return. Here’s a checklist to help you prepare:

  1. Maintenance and Logbooks: Ensure all logbooks are updated and available. This includes maintenance records, part replacements, and any upgrades or modifications.
  2. Aircraft Appraisal: Obtain a professional appraisal to determine the current market value of your aircraft. This appraisal should be comprehensive, reflecting the aircraft’s condition and market trends.
  3. Cleaning and Detailing: Present your aircraft in the best possible condition. This means a thorough cleaning of both the interior and exterior.
  4. Market Research: Understand the current market for your type of aircraft. This research will help you set a realistic price and market to the right audience.
  5. Legal Documentation: Prepare all necessary legal documents, such as the bill of sale, warranty documentation, and any transfer forms. Consult with an aviation attorney to ensure compliance with all legal requirements.
  6. Advertising: Develop a marketing strategy for advertising your aircraft. High-quality photographs and detailed descriptions will attract more potential buyers.
  7. Pre-Sale Inspection: Consider offering a pre-sale inspection performed by a certified technician, which can reassure potential buyers about the aircraft’s condition.

By following these steps, you can streamline the selling process and help ensure that you receive a fair price for your aircraft.

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To this date, there has never been a dispute of the Fair Market Value calculated by a CAAA Appraiser

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