AIN Special Report: Pre-owned aircraft
The sales inventory of pre-owned corporate jets has nearly doubled in two years, according to statistics obtained from JetNet of Utica, N.Y.
The sales inventory of pre-owned corporate jets has nearly doubled in two years, according to statistics obtained from JetNet of Utica, N.Y. A consistent month-over-month increase in inventory, which began in December 1999, has pushed the number of used business jets up for sale to nearly 2,000. Consider that in 1997 the inventory level was at a low of 737 units during a time when buyers were clamoring for business jets.
With low interest rates and falling prices, one might expect this trend to level off, but some seasoned vets see a turnaround at least a year away. If that’s true, there will continue to be some great buys in just about every business aircraft category, as many are revisiting the price levels of nearly a decade ago.
