In January 2021, the available supply of preowned airplanes listed for sale reached significant lows. For example, among high-performance airplanes, there were a total of 96 Cirrus SR22’s listed for sale which included 15 planes located outside the United States. And, only 85 Bonanzas were listed for sale which included 8 planes located outside the United States. Similar supply lows to total aircraft manufactured were reached in preowned sales listings for Cessnas and Pipers.
A supply to demand balanced ratio of preowned listings is said to be 3% of the manufactured models that were shipped. The preowned listings for some Cirrus and Bonanza models are below 1%.
Table 1: Preowned Cirrus Aircraft Listed for Sale
Table 2: Preowned Bonanza Airplanes Listed for Sale
In 2017, Cirrus began shipping the Generation 6 SR22T turbo airplane. We looked at preowned asking prices and here’s what we found. Eight G6 turbo planes for sale in the United States. All had air-conditioning.
Preowned asking prices for the SR22T G6 ranged from $835,000 – 880,000 with 540 or less total time on airframe.
In 2017, Cirrus began shipping the Generation 6 SR22 airplane. We looked at preowned asking prices and here’s what we found. Seven planes for sale but only five in the United States. All had air-conditioning.
Preowned asking prices for the SR22NA G6 ranged from $750,000 – 839,000.
In 2017, Cirrus rolled-out the Generation 6 SR22 airplane. Over the next several weeks, we’ll highlight the significant changes and review the number of SR22-G6 planes shipped and the market for pre-owned asking prices.
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