Aircraft
Hagerty Jet Group: Preowned Gulfstreams Are Hard To Find
Few preowned Gulfstreams are available for sale and are selling quickly
Gulfstream G700 business jet
No preowned G700s are available for sale, with only one sold on the used market in the history of the model, according to Hagerty Jet Group. © Gulfstream Aerospace

With low to nonexistent available inventory, pricing for preowned Gulfstreams has firmed, and aircraft transactions are moving quickly, according to Savannah, Georgia-based aircraft broker Hagerty Jet Group.

Despite the war in Iran and soaring prices, “Don’t expect any serious discounts in the business jet markets just yet,” it said. Industry leaders offer mixed views on business aircraft activity levels, Hagerty reported, but most brokers say they have more buyers than sellers, particularly for current-production models.