Step 4: Research Your Aircraft
Gather all information related to your aircraft including, a complete list of specifications, photos,
maintenance history, damage history, etc. Knowing the history of an aircraft is essential. All maintenance should be
complete and well documented. Airplanes with missing records or major damage may still be good, but
they are usually worth less and you may want to speak with a broker to determine value in a situation
like this.
The Plane Exchange performs this kind of research on all the aircraft we list. Our knowledgeable
staff gathers information on the title, previous ownership history, and any reported accidents or
incidents. We also check out the maintenance records and ask questions... we talk to the owner and the
mechanics that have been caring for the plane. We verify all times and include eventful log entries and
337's right on our website for your review. Any additional questions you may have can be discussed in
detail by e-mail or over the phone.
When buying a plane, the owner/seller should be willing to provide you with all the information you request. You can
also do a little research on your own.
Resources to Help You
MyAirplane.com: Run a free aircraft background investigation including NTSB and FAA accident reports.
Order Aircraft Records: You can get copies of all 337s and the chain of aircraft ownership for an individual aircraft directly from the FAA. Once you reach the Department of Transportation website you will need to click on Federal Aviation Administration and then on Aircraft Payments. From there click on request aircraft
records and follow the instructions. If you are interested in an aircraft being represented by The Plane Exchange, we have already ordered these records and we will be happy to share the information with you.
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