Page 13 - March24
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Post pandemic, the market has a more sensible spread in value and increases as you go up model-to-model.
I avoid quoting differences in values, either actual or percentages, because there are far too many factors that affect those numbers. However, I feel it is necessary to give a couple of data points to paint a clearer picture of the King Air market as it stands today.
We were fortunate enough to represent buyers in 2023 for a 2023 King Air 260 (with 10 hours) and a 2023 King Air 360 (with 30 hours); the delta between those two airplanes was nearly $1 million. We’ve also recently represented buyers of a 2001 King Air B200 and a 2001 King Air 350. These aircraft had modifications including G1000 NXi avionics and the 350 had -67 Blackhawk engines, but if you adjust for the differences, you’ll come up with a delta of about $700,000. At the lower end, you may see a difference of $500,000, which should give you a good idea of the spread between a King Air B200/250/260 and a similar King Air 350/360. When you look at the differences between these aircraft models, it makes perfect sense because the King Air 350/360 is much more aircraft.
We also represented a legacy client in purchasing a 2001 G1000 NXi Blackhawk C90B. He originally wanted a second B200 to join the first one we purchased for him five years ago, but he decided the C90B would do everything he needed for – you guessed it – about
$700,000 less than a comparable King Air B200. It’s odd that in recent history we would be involved in purchasing two 2023 models and three 2001 models, but it does give us an excellent opportunity to lay out the differences in values with good data points.
“ ... expect a jump of $500,000 to $1 million as you go up from model to model in the King Air line.”
MARCH 2024
KING AIR MAGAZINE • 11