26 Aug, 19,
HeliCalc™ is the newest addition to the tools and resources offered by HeliValue$. Developed to give our customers with a strong background in helicopter operations, 24 hours 7 days a week access to values specific to their helicopter. HeliCalc™ provides a comprehensive evaluation based on your helicopters actual component status and installed equipment.
This tool is helpful when considering a purchase, pre-lease commitments, internal evaluations, and for our customers who perform their own appraisals and require a more in-depth approach than a Blue Book page. The calculator is built on HeliValue$ Blue Book database and calculations are made based on our proprietary algorithms developed and used in our own appraisal programs for four decades and for over 2,500 helicopter appraisals we perform each year.
A 10% discount is offered on desktop appraisals for an aircraft that clients have purchased a HeliCalc™ report for within a six month period. The discount only applies to the specific serial numbered aircraft for which a HeliCalc™ Report was purchased.
HeliCalc™ is not an appraisal and does not meet USPAP standards. It is an Automated Valuation Model (AVM) and should not be used in place of a formal appraisal performed by a qualified and accredited appraiser.
To complete a HeliCalc™ report you will need:
- Current component status report
- Detailed installed equipment list
- The knowledge and experience to accurately read the reports and identify the components’ time remaining (TR) or time since overhaul (TSO).
Please read the instructions and disclaimers carefully, and have all documents ready before proceeding with the HeliCalc™ data entry process. You will have the opportunity to review your work. Once the data has been submitted you will not be able to alter any of your entries. Based on your choices, Fair Market Value (FMV), Orderly Liquidation Value (OLV), and Net Orderly Liquidation Value (NOLV) based on actual component status, and 0% (full-life) and 50% (half-life) component use will be included in the final HeliCalc™ report.