2018 was a strong year for the pre-owned private jet industry with a 5% increase in transactions over the previous year. Many of 2018’s transactions, particularly those towards the end of the year, were capitalizing on tax code changes in the USA that incentivized a transaction prior to December 31.
As usual and as expected, light jets dominate the best sellers list due to their price range. Most of the the mid size / mid range aircraft on the list are those that have had price decreases in the last few years and offer incredible value for their current price point.
#1 Cessna Citation Mustang
Total Sold: 64
Years in Production: 2007-2017
Seats: 4 passengers
Range: 718 nautical miles (seats full)
Position Last Year: #2
The Mustang is consistently one of the top selling jets and is very popular with owners who are pilots themselves. It offer some of the lowest operating costs of any jet.
#2 Cessna Citation II
Total Sold: 61
Years in Production: 1977-1995
Seats up to: 8 passengers
Range: 1220 nautical miles (seats full)
Position Last Year: #1
The Citation II is a very reliable aircraft being sold at a low price point. Maintenance and crew are widely available for this Citation model.
#3 Hawker 800XP
Total Sold: 56
Years in Production: 1995-2005
Seats up to: 8 passengers
Range: 2470 nautical miles (seats full)
Position Last Year: #3
#4 Bombardier Challenger 300
Total Sold: 50
Years in Production: 2004-2014
Seats up to: 10 passengers
Range: 3065 nautical miles (seats full)
Position Last Year: #8
The Challenger 300 boasts solid performance across all catagories. It has a spacious cabin and extensive product support worldwide.
#5 Cessna Citation CJ3
Total Sold: 49
Years in Production: 2004-2014
Seats: 6 passengers
Range: 1374 nautical miles (seats full)
Position Last Year: #4
The CJ3 has a long range for a light jet and low operating costs. Compared to the CJ2, the cabin is slightly longer and flies farther.
#6 Bombardier Challenger 604
Total Sold: 48
Years in Production: 1996-2007
Seats up to: 10 passengers
Range: 3756 nautical miles (seats full)
Position Last Year: #7
The Challenger 604 has a great cabin (one of the widest in its class), and has the range to do transanlantic flights. It is very versatile and has seen its prices decreasing in recent years.
#7 Cessna Citation Sovereign
Total Sold: 47
Years in Production: 2004-2013
Seats: 8 passengers
Range: 2620 nautical miles (seats full)
Position Last Year: #25
The sovereign has the second largest cabin in the Citation range (behind the Latitude). It has incredible short field performance and very minimal range is lost with a full cabin of passengers.
#8 Cessna Citation Jet
Total Sold: 46
Years in Production: 1993-2000
Seats: 5 passengers
Range: 750 nautical miles (seats full)
Position Last Year: #6
The Citation Jet is another jet popular with owner pilots. It presents a strong value aircraft under $1 million.
#9 Cessna Citation Excel
Total Sold: 43
Years in Production: 1998-2004
Seats up to: 7 passengers
Range: 1449 nautical miles (seats full)
Position Last Year: #13
The Excel combines a good cabin size, excellent short field performance and ample baggage space to become a top selling aircraft throughout the years.
#10 Gulfstream GIVSP
Total Sold: 42
Years in Production: 1992-2003
Seats up to: 13 passengers
Range: 3880 nautical miles (seats full)
Position Last Year: #36
The GIVSP offers a three zone cabin, transatlantic range and iconic styling. Its current price point has led to a significant increase in demand.
