What Impacts an Aircraft’s Value?

The value of an aircraft is impacted by various fluidal factors which can change over time. The year, total time and number of cycles can obviously impact the price, as it indicates how “well-used” the aircraft has been. The make and model have an impact, since some are more desirable than others and there may be supply and demand factors. The maintenance history has a huge impact on value, and perception of the maintenance condition can be affected by the presentation of the aircraft’s paint and cleanliness of the interior. It’s always best to have an aircraft valeted before bringing it to market. Inspection status has a big impact, since upcoming overhauls and other maintenance work will affect how much money the new buyer needs to spend during their ownership. Equipment and compliance will affect the value, since some aircraft require certain equipment to operate in certain regions, such as ADS-B. Maintenance Programs can drastically reduce the impact of engine and airframe defects, so they will also alter the asking price. Previous use can massively reduce the attractiveness of some private jets – some owners want to buy owner-operated aircraft, instead of those which have been chartered. The location of an aircraft also affects the sale price, due to currency fluctuations.

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