Lear 45XR, Lear 60XR, Lear 75
Lear 45XR inventory has been depleted and prices continue to surge as we head into the second quarter of 2022. There are only two available 45XR’s for sale, the lowest level we’ve seen in this market. Despite a lack of inventory, demand remains strong. Three sales occurred during the first quarter, matching last year’s pace, when there were 17 listings. Inventory levels have had their effect on pricing, with values surging 14% from Q4 levels. With little competition and prices continuing to climb, now is still a great time to sell your 45XR.
Lear 60XR inventory remains steady, but prices continue to climb higher. There are currently nine listings, similar Q1 2021. Historically, inventory remains low, down nearly 45% from two years ago. The lack of domestic options enrolled on engine programs slowed transactions from Q4, with three sales taking place during Q1 2022. When buyers find the right 60XR, they are willing to pay for it. This is proven by an 18% jump in values in the past 90 days. If you are considering selling your 60XR, now is a great time.
Pricing in the Lear markets has benefited from depleted inventory and surging prices in many competing markets, and the Lear 75 market is no exception. Inventory rose slightly during Q1, but still just a few options remain. Current levels represent just 2.2% of the active fleet. Although just one sale took place, it showed this market has robust demand and buyers are competing for the limited options available. Average Lear 75 values have now surged $2mm from the depressed values caused by the pandemic. With prices surging well past 2019 values, now is a great time to sell your Lear 75.