Used Aircraft Asking Values Dipped Lower in April Across All Categories
U.S. and Canada Used Piston Single Aircraft •Inventory levels in the used piston single aircraft market are trending steady. In April, inventory levels increased by 3.38% M/M but were 18.95% lower YOY. •Asking prices continued a steady trend in April, with decreases of 0.23% M/M and 0.54% YOY.
"While asking prices uniformly dipped lower across Sandhills' used aircraft categories in April, trend lines are mixed," says Controller Department Manager Terrin Mohl. "Used jet asking prices have been decreasing and trending lower for months, while asking prices for used piston single aircraft are holding a steady trend despite minor monthly and yearly decreases in April. And asking prices for used turboprops shifted from several months of upward trends to a downward trend in April. It's important that sellers track these trends carefully and price their aircraft competitively."
Sandhills' aviation products include Controller, Controller EMEA, Executive Controller, Charter Hub, Aviation Trader, Aircraft Cost Calculator, and AircraftEvaluator. AircraftEvaluator is Sandhills' proprietary asset valuation tool for all types of aircraft, built using the same technology behind Value Insight Portal (VIP). Widely used and trusted across equipment, truck, and trailer industries, VIP identifies asset values with unparalleled accuracy.
The key metric in all of Sandhills' market reports is the Sandhills Equipment Value Index (EVI). Buyers and sellers can use the information in the Sandhills EVI to monitor equipment markets and maximize returns on acquisition, liquidation, and related business decisions. The Sandhills EVI data include equipment available in auction and retail markets, as well as model-year equipment actively in use.
Additional Market Report Takeaways
This report includes detailed analyses of asking values and inventory trends in used aircraft markets, along with charts that help readers visualize the data. It describes and quantifies important trends in the buying and selling of used jet, piston single, turboprop, and Robinson piston helicopter aircraft.
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