Citation CJ4 Market Update March 2024

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

Thanks to a new delivery from the manufacturer, one more Citation CJ4 (Gen2 variant) was added to the fleet, bringing the total number of CJ4s in operation today to 429. Of those, 14 are currently for sale, or 3.3% of the fleet. This is down slightly from last month when there were 16, or 3.7% of the fleet available for sale.

 

As we research the pre-owned aircraft markets, there are multiple data points we follow that tell the story of each market. One data point is the average time on market, for both aircraft currently listed for sale as well as aircraft that have sold over the last six months. The Citation CJ4s that are available for sale right now have been on the market for an average of 166 days, up a little from last month when the average was 150 days. The average time on the market for a CJ4 that was sold over the last six months was 108 days, mostly unchanged from last month when the average was 105 days.

 

Another data point we follow is pricing trends. We look at both asking prices of Citation CJ4s currently for sale as well as sold prices of CJ4s over the last six months. If you are in the market for a Citation CJ4 today, you can expect to see listing prices ranging from $5,950,000 to $13,500,000. In February, there were 2 CJ4s sold, and 27 over the last six months, and their sold values ranged from $6,150,000 to $12,750,000.

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