Citation Mustang Market Update September 2023

Our September 2023 update on what’s happening in the Citation Mustang preowned sales market;

The Citation Mustang remains one of the most popular very light jets ever produced. With a fleet size of 472 aircraft, there are currently 25 Citation Mustangs for sale, or 5.3% of the total fleet. Sales peaked this year in May, with 13 Mustangs changing ownership. Sales have been on the decline since then with only two sold in July, but they rebounded slightly in August with 4 selling. With a great selection of Citation Mustangs for sale, this is a promising sign going into Q4, the busiest time of year for aircraft sales. The average asking price for Citation Mustangs currently on the market is $2.16 Million, and the average sold price of Mustangs over the last 6 months is $1.93 Million. This is a great aircraft for a first time jet owner, and now is a great time to explore your options with plenty of quality options to choose from.

 

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.

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