Introducing PlanePrice®
PlanePrice® Estimate by Aircraft For Sale is the first publicly available aircraft valuation model to help buyers and sellers gain better insight into an aircraft's market value. PlanePrice’s valuation algorithm is powered by over 4,000 public and user-generated data points to help form Aircraft For Sale's proprietary valuation formula. PlanePrice is not meant to replace a full valuation assessment.
DEAL RATING
See how we rate each listing at a glance with "Deal Rating.” Our rating scale includes the following deal categories:
Good Deal
Listings that tend to be at or slightly below our PlanePrice® estimate
Fair Deal
Listings that tend to be at or slightly over our PlanePrice® estimate
No Evaluation Available
Listings with Call For Price, PlanePrice® Estimate & Range will still show
Estimated Price
$130,000
This is the exact market value we estimate the listing to be valued at. This price actively changes with market conditions, age, and over 4,000 other data points.
Estimated Range
$102,000-$135,000
This is a broader price range of the market valuation for a specific listing.
CONFIDENCE LEVEL
Confidence level is our way of being transparent with you. If we feel good about the PlanePrice®, you’ll see a response of Medium to High. If we’re stretching for data, you’ll see a Low rating. Take a Low rating with a grain of salt.
Low
We are least certain about the range of prices that would apply to a listing.
Medium
We are moderately certain about the range of prices that would apply to a listing.
High
We are most certain about the range of prices that would apply to a listing.
How is PlanePrice® calculated?
PlanePrice® uses over 4,000 different user-generated and publicly available data points to help form its valuation algorithm. These data points can include aircraft age, engine parameters, avionics packages, flight time, comparable aircraft on the market, and more.
Frequently Asked Questions
My listing’s PlanePrice® is way too low or high. What’s the deal?
Your listing’s PlanePrice® is directly impacted by the amount of factual data provided. If you feel that your PlanePrice estimate is very low, try adding more facts about as many features as possible (avionics, STOL kits, engine and propeller). Over time, this can help improve the PlanePrice estimate. If you find your listing’s PlanePrice is very high, be sure to double check that you're listing it as the correct Make and Model of airplane and that the listing descriptions are as accurate as possible.
If it continues to report quite high, it may be a signal that your asking price is more than fair and lead to a faster-than-average sale.
If it continues to report quite high, it may be a signal that your asking price is more than fair and lead to a faster-than-average sale.
How often is PlanePrice® updated for listings?
We update the PlanePrice® multiple times daily.
Does the PlanePrice® estimate algorithm ever change?
Yes! Aircraft For Sale's team of data scientists, engineers, and market professionals are committed to optimizing and continually improving the PlanePrice® model for increased efficiency.