Our September 2023 update on what’s happening in the Citation CJ3+ preowned sales market;
The Citation CJ3+ fleet continues to grow as the manufacturer is still fulfilling orders. Currently, there are 249 Citation CJ3+s in the fleet, and each month there are a few more added to that number via new factory deliveries. There are currently 14 Citation CJ3+s for sale, or 5.6% of the total fleet.
Pre-owned Citation CJ3+ sales have been up and down since December, but we have noticed more and more CJ3+s enter the market for sale since April. Some owners are choosing to take delivery of newer models, and some are moving up to a larger aircraft as their business needs evolve. Either way, the Citation CJ3+ pre-owned market is full of quality aircraft options and is in a strong position going into the busy season for aircraft sales.
The average asking price over the last 6 months is $8.58 Million, and the average sold price is just lower at $8.525 Million.
Heading into Q4, it is important now more than ever to secure expert, professional representation whether buying or selling an aircraft. Having skilled negotiators working on your behalf is important during the busiest time of year for aircraft sales. Contact The Jet Agent today, and let us get to work for you, helping buy or sell your next jet