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To the Buyer: the appraisal is an impartial professional opinion as to the value of the particular aircraft they are planning to purchase. Further, the appraisal can assist in expediting the sale of the aircraft because the buyer and seller know the fair market value and relative condition of the aircraft through the independent appraisal.
Collectibles, Classics, and Custom vehicles have increased in value, it is very important to understand the correct value. Insuring a vehicle is the most common reason creating a need for an accurate valuation followed by, financing, buying, selling etc.