After a slow start to 2020, 45XR demand came roaring back to end the year. There were ten transactions during Q4 2020, the busiest quarter we’ve seen in the past three years. There had only been six combined sales during the first three quarters of 2020. After rising for most of 2020, inventory also declined. There are currently 24 aircraft for sale, down from 27 during the third quarter. Pricing suffered a bit from the prolonged rise of inventory and lack of early 2020 transactions, but we expect that to firm up. With increased demand and decreasing inventory, now is a great time to sell your 45XR.
60XR inventory has decreased once again as we head into the first quarter of 2021. There are currently 12 60XR’s for sale, significantly down from 19 listings a year ago. This market picked up an additional three transactions in the fourth quarter, making eight on the year and matching 2019’s numbers. Pricing has held firm, thanks to very few US-based options available. With consistent demand and little competition, now is a great time to sell your 60XR.
After only one 75XR sale occurring during the entire first half of 2020, Q3 and Q4 produced seven combined sales to make 2020 the most active year we’ve seen in this market. Three aircraft traded in the fourth quarter, up from two sales to end 2019. Inventory also sharply declined during Q4 2020, now at just six aircraft, matching the Q1 2020 level. Currently, 5% of the active fleet is for sale. Pricing has softened some, which has brought more buyers into this market. With low inventory and attractive pricing, this market remains balanced for buyers and sellers.