Purchasing an aircraft is a significant undertaking. Shoppers need to be well-informed to get the best deal. Did you know that the price of a private jet ranges from $3 to $90 million? In addition, there are many other kinds of aircrafts that can be purchased at a cheaper price. Some are smaller planes, while others are used or refurbished. One way to secure a fair price is by getting a price appraisal done. The sales comparison approach [...]

Helicopters are a great investment simply because they retain most of their valueover time. But, a proper helicopter valuation will provide the true value of any helicopter on the market. Helicopter valuations are conducted by a professional aircraft appraiser. These inspectors will examine each helicopter, much like a home inspection, to ensure that the aircraft is meeting proper standards and is valued fairly. An inspection with negative marks, however, means that a buyer will have room to negotiate the [...]

When it comes to learning the value of anything you own, the process seems to become more difficult by the year. One thing that you'd probably be having trouble with is how to appraise the value of your aircraft. It can be difficult to find out the process that goes into learning the value of an aircraft, and that leaves many aircraft owners confused as to what steps they should take, especially when they need to know the income [...]

Depending on the type, an aircraft can cost as much as $21,000,000. That’s a heck a lot of money! So why would you want to risk all that for an aircraft with hidden damages? Getting an aircraft appraiser is the best way to ensure that you get value for your money. You get to avoid overpaying for insurance and other related taxes. The appraiser will also help you better understand the type of aircraft you want to buy [...]

When it comes to learning the value of anything you own, the process seems to become more difficult by the year. One thing that you'd probably be having trouble with is how to appraise the value of your aircraft. It can be difficult to find out the process that goes into learning the value of an aircraft, and that leaves many aircraft owners confused as to what steps they should take, especially when they need to know the income [...]

Imagine that you're trying to buy an aircraft and you get an appraisal that looks great. Then, you acquire the aircraft and you realize the valuation was way too high. This is a huge problem, especially when planes can cost upwards of $700,000! For most people, this would be enough to boil their blood. This is why it's so important to understand your USPAP appraisal and why it matters in this process. To avoid this, we've created a [...]

When buying an aircraft for personal use, there is a litany of factors that will go into your decision-making. Whether your intentions are to take day trips for the weekend or intercontinental excursions, finding the best personal aircraft to meet these needs will come at wildly different price points. In addition, the number of passengers and on-going costs for the aircraft can affect your decision. Keep reading for a VREF  breakdown of various examples for the best personal [...]

According to Investopedia and VREF, an small piston aircraft can cost anywhere from $8,000 to $300,000, depending on the make, model, and features  of the plane. But before you buy yourself a small plane, you need to make sure you know about all the costs of a plane and how to maintain your plane, so check out our useful guide now. How Much Does an Airplane Cost? The upfront cost of a light aircraft depends on what type of [...]

If you've got a private jet, congrats. You're one of a very select few people who do. Having a private jet is a unique joy. Skipping TSA security checks, avoiding cramped quarters, and traveling on your own schedule are all perks that justify any expenditure. But what if your experience is lacking? It might be time for a private jet upgrade. If you're thinking it's time to revamp your jet but aren't sure, look no further. VREF will [...]