Our August 2023 update on what’s happening in the Citation CJ1+ preowned sales market;
The Citation CJ1+ is still the smallest Citation market with only 100 total aircraft in the fleet. 8% of the fleet is available for sale (8 aircraft) which is only a 1 unit decrease since the June update. With a market this small low activity is to be expected, and sales have fluctuated from 0 to 2 aircraft sold per month over the last 6 months. There were no sales recorded in July for the Citation CJ1+ but with quality aircraft available for sale we don’t expect that trend to continue. Average list price has slightly increased since our June update up to $2,828,000 and the average sold price is very close at $2,833,333. This signals that the market is balanced between sellers and buyers, and all parties agree about the value of the aircraft.
With a small market, you need to know about on-market and off-market options before making your decision to purchase. Working with The Jet Agent gives you access to all our resources and relationships. Contact us today and let us get to work for you!