The Phenom 100 is the most successful aircraft in its class and continues to outperform its competition in both performance and value. With nearly 280 aircraft in the fleet, the Phenom 100 has put the VLJ products to the test. Due to its success, the market remains strong and individuals around the world are constantly inspired to own this one of a kind airplane. In addition, with 16 conveniently located maintenance facilities in North America and a total of 34 worldwide, it is very easy to have your Phenom serviced. As this network grows, the demand for Phenom 100s will increase, giving sellers a larger buying audience.
The number of Phenom 100s “for sale” has declined over the past 6 months which indicates this market is trending in a positive direction for Phenom owners. In September of 2011 there were 25 Phenom 100s for sale. However, today there are only 17 on the market. This is a huge reduction in the available inventory and a good indication that the market is beginning to make a comeback. With only 9% of the total fleet for sale and demand increasing, I expect to see this trend to continue. In general, this level of market saturation is considered to be very healthy; good news to those owners and operators out there who were previously worried about their aircraft value. The average asking prices for these aircraft are $3,158,909, which is up 3% from September, 2011 and the number of potential buyers has increased. With all of this said, I believe that the Phenom 100 will continue to stand its ground against competition and the market will remain strong.
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 via email at rob@wepushtin.com or phone at 773-272-6635.
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