Understanding the Value of Aircraft Aftermarket Upgrades. Step 5 of 9

The Value of upgrades:

Hello, Jake Huling here with Aircraft Sales Advisor. I’d like to welcome you to the fifth report in a new series called, 9 Steps to a Successful Sale or Purchase of Your Plane. 

In the last report we discussed Selling a Plane on Your Own and the pros and cons of this approach. We also talked about the importance of keeping control of your information; how to handle brokers when they call you about the plane you are selling or wanting to buy. And why, when you are buying or selling a plane on your own, it’s so important to know your numbers. And to know why a plane is worth what you are asking, or is only worth what you are offering.

You can also check out the first video in this series were we cover the Top Complaints about Aircraft Brokers.

In this report we’re going to cover one of the more confusing factors when determining a plane's value. And that is aftermarket upgrades. And we really want to look at this from three different sides. One, is if you own a plane with upgrades, what they are worth. Two, if you own a plane and are thinking of adding upgrades, what makes the best type of upgrades and where should you spend your money. And three, if you are buying a plane, what upgrades you should be looking for and how much you should pay for them. So let’s take a closer look.

Selling and Buying a Jet or Turboprop on Your Own, What You Should Know. Step 4 of 9

Keeping control of your price and information:

Hello, Jake Huling here with Aircraft Sales Advisor. I’d like to welcome you to the fourth report in a new series called, 9 Steps to a Successful Sale or Purchase of Your Plane. In the last report we discussed Bringing a Plane to Market and the Different Types of Buyers and Sellers. Why different asking prices require different buyers and different strategies to reach those buyers. And we looked at the different categories a buyer falls into, and why it’s important if you are a buyer, to know what type of buyer you are.

We also looked at how much the difference can be between Wholesale and Retail using a 2007 King Air B200 as an example. And we covered how to go about the search for your next plane, commission rates, what they should and should not be. And I showed you how you can save money when you are both selling a plane and buying your next one. You can also watch the first report in the series called, Selling and Buying a Jet or Turboprop Aircraft and the truth about selling your plane.

In this report we are going to cover selling a plane on your own, the pros and cons of this approach, the importance of keeping control of your information, and how to handle brokers when they contact you about your plane.

Selling a plane on your own.

Let’s start out by agreeing that we’re going to take a look at this one objectively, because generally people are very polarized with their opinions on this topic.