|
Home
Up
Factory Aircraft
Helicopters
Experimental
What is an Appraisal
Market Analysis Defined
Appraisal Process
Effect of Damage
What is NAAA
NAAA Vrs Book Values
Request Info
| |
FACTORY BUILT AIRCRAFT
GRADING INSTRUCTIONS
|
| To achieve the most accurate estimate of
the aircraft's value it is important that the data
be as complete and accurate as possible.
Deviations from the following grading instructions will
distort the value computation so follow the guidelines for
assessing the various "Conditions"
carefully. |
|
AIRFRAME
GRADING INSTRUCTIONS
|
| Excellent: |
Structural
exterior surfaces are flawless. External surfaces
(aluminum, epoxy, wood and fabric) are wrinkle, crease and
blemish free. Rivet, stitch or glue lines are straight and
even. Rivets are pulled evenly. There is no evidence of
any abnormalities and in every sense of the word the
aircraft is in flawless, brand new condition with
absolutely no damage history. |
| Very
Good: |
Exterior
surfaces are almost flawless. The aircraft has no skin or
structural repairs and no damage history. Aircraft total
time for year, make and model are considered low time. |
| Good: |
Airframe
shows very well with a few areas of minor dents or
deformations. Airframe is corrosion free, however it may
have had minor surface corrosion which has been repaired
and corrosion treated. Cowling fasteners may show wear,
along with inspection panels, door and cargo door entry
areas. Any repairs to airframe were accomplished in a
manner which are undetectable and the only physical
evidence of repairs are log entries and FAA Form 337Ęs.
Any damage history would not have involved major
structural components of the airframe (wing spar, etc.).
Any hail damage would have been repaired in a manner which
is undetectable. |
| Average: |
The
airframe will be structurally sound. The leading edges may
show evidence of abrasion wear. The surfaces under the
wings, fuselage and gear may show some evidence of nicks
and abnormalities from prop slung pebbles, etc. Minor
surface corrosion may be evident on external surface which
can easily be repaired by stripping, chemically treating
and repainting the affected areas. The exterior surfaces
may show minor hail damage which would not be noticeable
within 20 feet of the aircraft. Aircraft may have
sustained damage, but has been repaired in a manner which
is consistent with factory recommendations and procedures
for repair. Airframe may have one or two small cracks
which need to be stop drilled. Overall there may be some
hangar rash type of discrepancies on the airframe which do
not need to be repaired and do not affect the safety or
flight performance of the aircraft. The overall appearance
of the airframe is good. |
| Poor: |
The
airframe is in poor condition and would require
maintenance before the aircraft could pass an Annual
Inspection. The aircraft has deteriorated to a point that
continued service would be unwise. |
| |
|
|
|
|
EXTERIOR
PAINT GRADING INSTRUCTIONS
|
| Excellent: |
Paint
is flawless. All external painted surfaces have a deep,
rich, wet look. There is no pooling, sagging, running,
orange peeling, thin areas or over-spray on any painted
surfaces. All striping and numerals are well defined with
crisp lines and no irregularities. The paint should be of
high quality. If a re-paint, all surfaces have been
stripped and prepared properly, and consistent with the
paint manufacturers recommended procedures. |
| Very
Good: |
Exterior
painted surfaces are almost flawless. There may be a very
few chips in paint under the fuselage from prop slung
pebbles. The paint looks new and the above discrepancies
are only detectable from a very close inspection. |
| Good: |
The
paint has a good shine with some abrasion wear on leading
surfaces but is still retaining good coverage. Any
repainted surfaces or touch up areas are not noticeable.
The paint may be new with a limited amount of orange peel,
pooling, sags or over-spray. However, painted surfaces are
well protected and the aircraft has good eye appeal. |
| Average: |
Paint
is oxidized and has numerous areas of chipping on lower
surfaces of aircraft. Leading edges show significant signs
of abrasion wear, but are protected by paint. Surface
corrosion may be apparent on the airframe and will affect
paint because the painted surface must be stripped in
order to treat the corrosion. Overall appearance is fair
within 20 feet. |
| Poor: |
Paint
is poor quality, oxidized and shows excessive wear on
leading edges and control surfaces. Many chips and
scratches are apparent and overall the aircraft needs
painting. However, the paint for the most part, is
protecting the aircraft surfaces, but is unattractive. |
| |
|
|
|
|
INTERIOR
GRADING INSTRUCTIONS
|
| Excellent: |
Interior
is flawless condition. All material, fabric, plastic,
carpet, headliner, wood cabinetry etc. are spotless with
no matting, scratches or any signs of wear. All seams are
straight, tight and in general the interior looks, feels
and smells new. |
| Very
Good: |
Interior
is almost flawless. The carpet at the entry area, cockpit,
pilots, and/or the copilots seat may show slight signs of
matting. |
| Good: |
The
interior is clean with no tears, major stains or fading or
excessive wear of fabric, plastic, wood cabinetry, or
headliner. The carpet at entry and cockpit areas may show
signs of wear but are not ragged. All stitching is tight,
although the seams may not be straight, and the interior
may need to be cleaned. The interior would look
satisfactory after a cleaning. |
| Average: |
Entry
areas, cockpit, and other high use areas, show significant
signs of wear and/or stains. Seat cushions, headliner and
side panels may have stains, loose stitching, fading, and
in general have a well used appearance. Any needed repairs
are minor in nature. The interior may need a good
cleaning, but after cleaning, the interior would still
have a well used appearance. |
| Poor: |
The
interior has all the condition of average except that the
extent of repairs is excessive. The interior as is, is in
poor condition and is not serviceable. |
| |
|
|
|
|
DAMAGE
HISTORY CLASSIFICATION
|
| Superficial
Damage History: |
Light
dings generally associated with hangar rash, etc. which
have been repaired by replacing damaged areas with
new/used serviceable components (Wing tip caps, wheel
pants, plastic etc.). |
| Minor
Damage History: |
Minor
damage or heavy wear to leading edges of wing, wing tip,
cowling etc. which have been repaired in a manner
consistent with good maintenance practices. No major
structural components are involved. |
| Moderate
Damage History: |
Extensive
damage to components not affecting major structural
components. |
| Major
Damage History: |
Major
structural component damaged. Damaged components replaced
with non-damaged components, (i.e. wing, fire-wall and
engine mount etc.). |
| Extensive
Major Damage History: |
All
major structural components extensively damaged. |
| |
|
|
|
|
DE-ICING
GRADING INSTRUCTION
|
| Excellent: |
Flawless
and in new condition. |
| Very
Good: |
Condition
of de-icing boots are almost flawless. The boots will have
no physical evidence of any deterioration and are soft to
the touch, and are shiny. |
| Good: |
Generally
the boots are soft and appear to be in good condition
except there may be one or two patches which have been
properly applied and are adhering to the surface of the
de-icing boot. |
| Average: |
Several
patches and repairs have been accomplished. The texture of
the boot is getting harder and tiny hair-line cracks are
beginning to become visible. The boots are functioning
properly and are in good airworthy condition. |
| Poor: |
Boots
look poor and dry rot is evident. Patches are numerous and
in general the boots are ready for re-placement, although
they are still functional. |
|
|
|
