News

Used Aircraft Asking Prices Trending Down Across Categories

The newest Sandhills Global aviation market reports show pre-owned aircraft asking prices trending down across all categories. The market reports cover used jets, piston single aircraft, turboprop aircraft, and Robinson piston helicopters in Sandhills’ marketplaces. Inventory levels, meanwhile, decreased or remained flat in all categories.

“We’ve seen inventory growth slowing down,” says Controller Department Manager Brant Washburn, “but there is still solid transactional volume. As always, pricing in the aircraft market is key to staying competitive.”

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 FleetEvaluator. Widely used and trusted across equipment, truck, and trailer industries, FleetEvaluator 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.

Global Used Jets

• Used jet inventory levels decreased 5.88% month over month in December but rose 10.75% year over year, maintaining a sideways trend. The used large jet category showed the most substantial M/M inventory decrease at 11.55%, while used light jet inventory increased the most YOY at 18.59%.
• Used jet asking prices increased 0.95% M/M in December but fell 5.29% YOY and are trending down. Used large jet asking prices led M/M increases compared to other categories, up 1.52%. The used large jet category dropped the most YOY, down 4.82%.

U.S. and Canada Used Piston Single Aircraft

• Inventory levels of used piston single aircraft in Sandhills marketplaces fell 4.83% M/M in December and are trending down. Inventory dropped 8.02% YOY.
• Asking values decreased by 3.11% M/M and 2.67% YOY, maintaining a downward trend.

U.S. and Canada Used Turboprop Aircraft

• Following a 6-month-long upward inventory trend, used turboprop aircraft inventory levels dipped 3.26% lower M/M in December. Inventory rose 11.26% YOY, however, and is trending up.
• Used turboprop asking prices have been trending down for months and posted slight decreases of 0.62% M/M and 0.06% YOY in December.

Global Used Robinson Piston Helicopters

• Inventory levels of used Robinson piston helicopters in Sandhills marketplaces have been trending down for several months. Inventory in this market showed no monthly change in December but fell 24.59% compared to year-ago levels.
• Asking values decreased by 8.05% M/M and are trending down. Asking values were 7.1% lower than December 2023 values.

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About the Sandhills Equipment Value Index

The Sandhills Equipment Value Index (EVI) is a principal gauge of the estimated market values of used assets—both currently and over time—across the construction, agricultural, and commercial trucking industries represented by Sandhills Global marketplaces, including AuctionTime.com, TractorHouse.com, MachineryTrader.com, TruckPaper.com, and other industry-specific equipment platforms. Powered by FleetEvaluator, Sandhills’ proprietary asset valuation tool, Sandhills EVI provides useful insights into the ever-changing supply-and-demand conditions for each industry.