Are You Buying The Right Aircraft For Your Needs?
With so many makes and models available, finding the best fit for your needs can be challenging.
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With so many makes and models available, finding the best fit for your needs can be challenging.
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Aircraft buyers and sellers often face a significant question: What exactly constitutes damage history, and how does it affect an aircraft's value? This question is more complex than it seems, as damage is a subjective concept with no universal standard. To shed light on this issue, we spoke with three sales representatives from Duncan Aviation's Aircraft Sales & Acquisitions: Ann Pollard, Tim Barber, and Doug Roth.
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During a typical business aircraft transaction, the Purchase Agreement is what is referenced when deciding what constitutes a discrepancy and who is responsible for paying for it. However, it provides little direction on how to perform the repair.
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According to IADA, although just 7% of the world’s aircraft dealers have earned IADA accreditation, they are responsible for 40% of the world's pre-owned sales. IADA Accredited Dealers buy and sell more aircraft by dollar volume than the rest of the world’s dealers combined, averaging over 700 transactions and $6 billion in volume per year.
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Navigating the intricate world of business aircraft transactions demands careful consideration, especially when aiming for optimal financial outcomes. To shed light on the current dynamics of this market, we turn to the experts at Duncan Aviation Aircraft Sales & Acquisitions for their insights on the prevailing trends.
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Selecting the right make/model is one of the most important decisions when acquiring or upgrading a business aircraft. Download the latest Business Jet Model/Market Summary now.
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Even if this isn’t your first pre-owned aircraft purchase and you’re familiar with the process, it’s crucial not to rush through the pre-purchase evaluation for the sake of quicker ownership.
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Even if this isn’t your first pre-owned aircraft purchase and you’re familiar with the process, it’s crucial not to rush through the pre-purchase evaluation for the sake of quicker ownership.
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Navigating an aircraft purchase requires more than just agreeing on a price; unforeseen issues can necessitate renegotiation and careful management of details. A professional aircraft transaction specialist can streamline this process, helping you make informed decisions and manage risks effectively.
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Extensive resources are needed to examine and collate the massive amounts of available data in the preowned business jet market and more importantly, translate that data into a simple story that effectively guides decision-making.
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In any high-value aircraft sales transaction, immediate access to high-quality market intelligence is key to optimizing returns and achieving a successful result.
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The purchase or sale of a business aircraft can be a complex undertaking requiring expertise to ensure a maximum return on investment. You’ll need to analyze many factors to determine which make and model is best suited for your budget and mission.
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Whether your department is considering an upgrade or an addition to the fleet, there are many factors associated with the decision to purchase a business jet or turboprop aircraft.
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Read the collective insights of the Duncan Aviation Aircraft Sales & Acquisitions team on the 2024 preowned business aircraft market and what to expect if you’re considering buying or selling your aircraft.
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It's crucial to choose a reputable and experienced aircraft broker to maximize these advantages
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