Determining the market value of an aircraft is a process that involves many different steps. You want to do things like get an appraisal and understand the fair market value for your aircraft. One of the most important steps in selling or buying an aircraft is its valuation. Aircraft valuations are critical to making sure you are getting the best price. If you are considering buying or selling an aircraft, knowing where to start can be helpful. So, [...]

For private pilots, owning a plane is often viewed as something of a status symbol. It allows for quick, easy access to traveling like no other means of transportation; but, does it have to come with a high price? Is owning your own plane worth the cost? As with many things in life, that depends. Today we're here to help you answer that very question with a helpful collection of points that should guide your decision. Do [...]

There are over 14,000 private airports in the United States. That is almost triple the number of public airports that come in at around 5,000. Owning a private plane allows you access to the vast majority of landing-strips nationwide. Whether you are an experienced pilot or have recently earned your wings, a light-sport aircraft offers many advantages that other planes lack. If you are considering purchasing a plane, don't overlook the light-sport aircraft category. This guide will [...]

Whether you're buying or selling a plane, one of the most important aspects to know is the airplane's value. You won't truly know what a plane is worth and could end up with a major loss. As a buyer or a seller, you must be looking out for your best interests as a broker will not. That is why you need to hire an aircraft appraiser who has no bias, no ownership, and no financial gain from [...]

The pre-owned aircraft market has seen the number of first-time buyers double in the second half of 2020. Whether you're buying your first aircraft or you have years of experience in the market, you need accurate information to help you make the best purchasing decisions. VREF has been providing aircraft valuations and appraisals since 1994. VREF is the official valuation guide and appraisal company for the Aircraft Owners and Pilots Association (AOPA). You can get your VREF [...]