Vref Aircraft Reference Value & Appraisal Services has developed a new aircraft valuation software program that is designed for users with varying degrees of aviation knowledge, from first-time buyers to seasoned aircraft brokers, and allows them to “fine-tune” their search values. “VREF subscribers will have access to a robust avionics database containing more than 40,000 items,” said Vref president and CEO Jason Zilberbrand. “You can sort, filter, search as much as you like, and now you will also know…if the equipment installed in the aircraft is the latest and greatest or original to the aircraft. We completely rebuilt the entire database from scratch.”

In addition to a searchable avionics database, Vref's online platform contains a range of pricing categories beyond wholesale and retail. New value categories include fair market value, orderly liquidation value, forced liquidation value, scrap, and inventory pricing, as well as 15-year future residual value and historic residual values—all contained in a single table and graph.

Vref will be rolling out the new platform in beta, allowing existing subscribers to merge to the new platform. It also is the official valuation platform and appraisal company for AOPA, so all AOPA members will be able to access the complete Vref online platform (turbine and piston) from within the AOPA website, as well as have access to Vref's reports, appraisal services, and consulting.