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Challenger Quarterly Market Report – Winter 2019

Challenger 300, Challenger 604, Challenger 605

Challenger 300 Market

Current Market State for the Challenger 300

“With only 3.5 percent of the active fleet for sale, and demand showing no signs of slowing, now is a great time to sell your Challenger 300.”

After a small increase in inventory last quarter, Challenger 300 inventory has now dropped to just 16 aircraft for sale. This is the lowest inventory we’ve seen in the past two years. Along with low inventory, transactions more than doubled from Q3 to Q4 2018. The 15 transactions in Q4 brought 2018 total transactions to 55. 2017 produced 44 transactions, with over 33% more inventory on average. As we head into 2019, pricing is as strong as ever, with values increasing for the first time in over a year. With only 3.5% of the active fleet for sale, and demand showing no signs of slowing, now is a great time to sell your Challenger 300.

Challenger 300 Market Snapshot

  • 16
  • 454
  • 3.5%
  • $6,300,000 - $12,400,000
  • $8,738,056
  • 119
  • 3,552
  • 15

Challenger 604 Market

Current Market State for the Challenger 604

“With strong pricing, increasing demand and low inventory, this Challenger 604 market is a great environment for sellers.”

Challenger 604 pricing, demand and inventory are all holding strong as we head into the first quarter of 2019. Currently, 18 Challenger 604’s are for sale, similar to the third quarter of 2018. Taking a look back to Q4 of 2017, inventory was at 33 aircraft, over 9% of the active fleet. Currently, only 5% of the active fleet is listed for sale. Transactions continue to impress, with 13 sales in the final quarter of 2018. That makes 54 for the year, ahead of 2017’s pace of 47 sales. Pricing has held level now for three consecutive quarters. With strong pricing, increasing demand and low inventory, this Challenger 604 market is a great environment for sellers.

Challenger 604 Market Snapshot

  • 18
  • 360
  • 5.0%
  • $4,250,000 - $5,900,000
  • $5,210,556
  • 146
  • 7,044
  • 13

Challenger 605 Market

Current Market State for the Challenger 605

“With inventory historically low, and pricing holding strong, this is still a great time to sell a Challenger 605.”

Transactions slowed in the last quarter of 2018, but pricing has held steady in the 605 market for the past four quarters. Activity slowed to just four transactions in Q4 2018. 2018 ended up producing 28 sales, slightly below the 32 transactions in 2017. Inventory is still low. Just 11 Challenger 605’s are currently for sale. This is down significantly when compared to 18 aircraft for sale during the fourth quarter of 2017. Currently, 3.8% of the active fleet is listed for sale. With inventory historically low, and pricing holding strong, this is still a great time to sell a Challenger 605.

Challenger 605 Market Snapshot

  • 11
  • 286
  • 3.8%
  • $9,900,000 - $15,500,000
  • $12,771,875
  • 170
  • 2,478
  • 4