Is there a Kelley Blue Book for airplanes?
An aircraft blueboook is a bluebook (value guide) for used aircraft. There are four of these in common use within the aviation industry; Aircraft Bluebook Price Digest, Aircraft Value Reference (VREF), and Airliner Price Guide are paid-subscription publications.
How much is a standard plane worth?
Data source: Boeing. As noted, the 737 is the cheapest of its aircraft, with the 737-700 going for just $82.4 million. The most expensive? The 777-9, which retails for $408.8 million.
Do airplanes hold their value?
Airplanes used as business assets are depreciated predictably every year down to their residual value. Around this value, the aircraft’s useful life is said to be over for the operator, even though the plane may be perfectly flyable. Most planes are depreciated over 15 to 20 years.
What is aircraft base value?
Base value is the value of an aircraft traded in a balanced supply-demand market at an arm’s length transaction. Market value is the value of the aircraft in the current market environment. We recommend using the base value to ensure an objective value determination.
What is V ref?
The regulations define Vref as “the speed of the airplane, in a specified landing configuration, at the point where it descends through the 50-foot height in the determination of the landing distance.” You may have heard pilots refer to this point in the landing approach as when the airplane is “crossing the fence” or …
How much is a used 747?
Depending on numerous factors, the average price for a pre-owned BOEING 747-400 is $20,000,000.00. A $10,000,000.00 loan over 120 months including $41666.67 per month in interest equates to a $501,437.15 per-period payment.
Is a plane a good investment?
Is a Private Jet a Good Investment? If the annual cost of chartering a flight or flying commercially exceeds the cost of owning a private jet, or if you spend an average of 240 or more hours in the air annually, owning a private jet might be a good investment.
Do private planes lose value?
Private jets are depreciating assets and will lose value. Over time jet values will always fall even if they do not depreciate in a straight line.
What is aircraft half life value?
Half life market value: a market value is referred to as a current market value for the considered aircraft. It represents the average price of the last sales transactions on the aircraft model, with similar aircraft specification.
What is the aircraft residual value?
Since 2013, new commercial aircraft and reserve engines have been depreciated over a period of 20 years to a residual value of 5 per cent. Assets acquired second-hand are depreciated over their expected remaining useful life.
How fast is a plane going at landing?
Airplanes rely on a braking system to safely land on runways. At cruising altitude, most commercial airplanes fly at a speed of roughly 500 to 600 mph. When landing, however, they must reduce their speed. A typical 747, for instance, has a landing speed of about 160 to 170 mph.
How do I check the price of an aircraft?
Aircraft Price Checker Check prices for your favorite vehicles. Check prices by MAKE, MODEL, AND YEAR. It’s a quick way to find out the range of listed prices for your search.
How do I Sell my aircraft online?
Sell your aircraft online with our basic package. Our basic package is Free! Sell Your Aircraft orEdit Your Listing Find a dealer. Search Dealers Login as a Dealer Aircraft Price Checker Check prices for your favorite vehicles. Check prices by MAKE, MODEL, AND YEAR. It’s a quick way to find out the range of listed prices for your search.
What factors determine the value of an aircraft resale?
Additionally, the aircraft resale market is a dynamic environment, and prices can change from month to month. There are many intangibles that should be considered. These include the availability of a particular model, damage history (or lack thereof), maintenance history, and quality of refurbishments and upgrades.
Where can I get the best aircraft data?
Get Your Aircraft Data. For over 65 years, Aircraft Bluebook has been the industry choice for complete and reliable aircraft valuation data.