The unstoppable rise of the pre-owned market
In the last year, the pre-owned business aviation market has gone through an exciting journey. The available inventory during this year reached an absolute minimum while prices soared to the highest levels. But what was the situation in the third quarter of 2022?
The eventualities of this period brought an interesting dynamic to the market. Already since March, the inventory has increased on monthly basis but still wasn´t high enough to touch the numbers from the year before. The average days on the market improved, confirming the historically low figures.
But the inventory wasn´t the only one on the rise, and so did the pricing. The average values kept climbing more than 8% in the last quarter, with some competitive segments touching almost 70% gain year-over-year. And we just remain excited to see the further development of numbers as the end of the year approaches.