Phenom 100, Phenom 300, Legacy 500
Phenom 100 inventory is depleted, and demand continues to plow forward as we head into the second quarter of 2021. There were 12 transactions during Q1 2021, making 38 sales in the past nine months. Inventory has declined by 33%, leaving just 20 Phenom 100’s for sale. Inventory levels are the lowest they’ve been since Q4 2018. Pricing has held steady, with values increasing for aircraft with fresh 10-year inspections. With low inventory, strong demand, and firm prices, there may not be a better time to sell your Phenom 100 than right now.
The Phenom 300 market continues to strengthen as inventory steadily declines and demand keeps pricing firm. There are currently 24 Phenom 300’s for sale, nearly a 30% drop from Q4 2020. After a record 15 sales during the fourth quarter, demand continues with 12 aircraft changing hands during Q1 2021. 27 combined sales in 6 months is far and beyond the most activity we’ve ever seen in this market. It’s easy to understand why overall pricing remains firm, with some model years showing a steady increase since Q3 2020. With pricing strong and record demand, now is a great time to sell your Phenom 300.
Legacy 500 inventory has reached its lowest level since 2018. There are currently just five aircraft for sale, down from eight to start 2020. Just under six percent of the active fleet is for sale. Activity remains strong in this market, with three additional sales occurring, continuing the active second half of 2020. Eight Legacy 500’s have transacted in the past nine months, easily exceeding any similar timeframe in the past few years. Pricing, on average, declined slightly to start the year, but look for that to firm up as many competing aircraft in the super-mid category have depleted inventory as well. With inventory depleted and continued demand, now is a great time to sell your Legacy 500.