Hoping to get top dollar when you sell your aircraft?
There are several simple things you can do—prior to listing and advertising your aircraft—that can increase your listing price and help you find serious buyers.
As you prepare to sell your aircraft, here are some of the bigger difference-makers:
- Keep great records. This may seem obvious, but it gets overlooked far too often. Aircraft logbooks, certificates, and compliance records can have a significant impact on the sale price of the plane. If all your logs are complete, in order, and easy-to-read, potential buyers will see this as a favorable indication that your aircraft is well maintained. Missing entries or messy, hard-to-decipher handwriting often prompts concerns about the care and condition of the plane.
Before we put each aircraft on the market, our staff reviews all the logbooks thoroughly so that we can discuss history and condition. Without fail, we find that aircraft with orderly and complete logbooks attract more competitive offers.
- Protect and polish. Aircraft that are kept clean and hangered when they aren’t being flown are easier to market for sale. And a good “spit shine” is probably the quickest way to make your plane a little prettier right before you show it off. People are attracted to shiny things, so washing and waxing your plane (with a silicone-free wax) before you take photos or show it to buyers is important. You’ll eliminate any doubt about what’s under all the dust and dirt and help buyers see your aircraft at its best.
In addition to having your aircraft occasionally washed and waxed, we recommend taking just a few minutes to preserve your paint after each flight, which will help preserve your aircraft’s value as well. Try using a wet cloth to wipe off the leading edges as soon as possible after you land.
- Restore and Replace. If your plane’s interior has stains or tears, consider having them professionally cleaned or restored! While most aircraft buyers will accept alittle wear on a used plane, many buyers won’t tolerate as much as you might expect. Presenting your aircraft to the market with freshly cleaned carpets and restored interiors can make your plane more attractive to buyers who are willing to make an offer.
Additionally, if you plan to complete an annual inspection before putting your aircraft on the market, you may want to contact an aircraft sales consultant about any interior items that could be easily replaced during your upcoming inspection at a minimal cost. Depending on the specific aircraft you are selling, the level of wear and tear to your interior, and variances in the market for selling your plane, you might be able to achieve an attractive return on your investment by updating and replacing certain items.
- Clear it out. Buyers don’t want to see your clutter! Prior to photographing your aircraft or showing it to potential buyers, you should remove any unsightly or personal items that will not be sold with the plane.
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Want to learn more about the current market for your aircraft? Complete the form below or call us at 402.475.6000, and we’ll be happy to share more information with you!