Citation CJ4 Market Update April 2024

April 2024 Citation CJ4 Market Update The Jet Agent

Our April 2024 update on what’s happening in the Citation CJ4 preowned sales market;

In March, the Citation CJ4 (including the Gen2) fleet grew by 6 aircraft due to new deliveries from the manufacturer. There are now 435 CJ4s in operation today, with 20 currently for sale (4.6% of the fleet). This is up from the previous month when there were 14 CJ4s for sale, representing 3.3% of the fleet.

Due to the new CJ4 listings, the average days on market (for aircraft currently for sale) has decreased to 139 days in March, down from 166 days the month prior. There is a good variety of Citation CJ4s currently for sale, from early model year options to almost factory new CJ4 Gen2 options.

Over the last six months, 24 Citation CJ4s changed ownership, with 3 of those sales occurring in March. Of the 3 that sold in March, 2 were Gen2 variants, commanding a much higher sold price which in turn brought down the average asking price from $9,186,923 to $8,037,059. 

The range of asking prices for CJ4s for sale is now $5,950,000 to $13,500,000. Sold units over the last six months ranged in sold price from $6,150,000 to $12,750,000.

Similar to our CJ3+ report, the CJ4 market activity shows that there is increased interest in newer preowned aircraft, enabling buyers to bypass new delivery backlogs and obtain a quality aircraft at a lower price point.

If you are considering the sale or acquisition of a Citation CJ4, use the services of a firm that specializes in this airframe to ensure you make the best deal.  Contact us to learn more about how we can help.

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