The Legacy 600 Market Today

The Legacy 600 is based off of the Embraer ERJ-145 family. It was introduces to the business jet world in 2000 and has since been a fairly successful against its competition, the Challenger 850, It has more range, higher payload and a more attractive price. With that said, over the past few years the Legacy 600 has dropped in value significantly and more aircraft continue to come to the market leaving us with a 17% market saturation of the entire fleet (180 aircraft). In general, this level of market saturation is not to be considered healthy

The number of Legacy 600s “for sale” on the market have increased from the beginning of this year, including a huge influx August. The lack of demand for these aircraft has resulted in a declining market and with only two aircraft sold in the last 6 months; things do not appear to be getting any better. I believe that with the on-set of the Legacy 450, 500, and 650, the 600 will continue to struggle in the market. In addition, until the number of aircraft “for sale” drops, prices will remain stagnant or continue to decline.

Although it is difficult to predict what the market will do, I can conclude from recent data and trends that the Legacy 600s will remain, at the very least, stagnant through the final quarter of this year.

If you would like to discuss the market in depth or receive a free evaluation of your aircraft, please feel to contact me at your convenience. 
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