Lear 45XR, Lear 60XR, Lear 75
Inventory continues to decline and demand remains strong in the 45XR market. There are currently only seven aircraft for sale, down from 24 aircraft a year ago. There were another four transactions during the fourth quarter, which matches the previous two quarters, even though inventory is significantly less. Pricing has increased substantially, reaching levels not seen in over three years. With inventory depleted and prices surging, now is the perfect time to sell your 45XR.
Bucking the trend of many markets in this category, 60XR inventory has actually increased in the past three months. However, many of available aircraft are not US based and are not enrolled on an engine program. A rise in inventory has not kept prices down, with values jumping over 20% in the past 90 days. Activity remains strong, with four transactions taking place in Q4, slightly above the past year’s average. With prices increasing and little domestic competition, now is a great time to sell your 60XR.
Lear 75 inventory has been reduced significantly, reaching a level not seen in over three years. There are only two Lear 75’s for sale, down from five aircraft just three months ago. This has had an impact on transactions, with only one sale taking place during Q4. As with many markets, the lack of options for buyers has resulted in rising prices. Historically low inventory and rising prices have created the perfect seller’s market for Lear 75 owners.