I need to establish an honest value on my plane for accounting purposes. V-Ref's retail value is within a couple hundred bucks of what I personally think it might sell for in today's market. First, I have heard that V-Ref might usually be a little low - if so, by about what percentage? Second, if I were to sell it to a dealer/wholesaler/auction, what percentage would you normally deduct to a realistic wholesale price?
Plane is actually an Archer II.
Any input or opinions greatly appreciated.
Plane is actually an Archer II.
Any input or opinions greatly appreciated.