Lear 45XR inventory remained steady during the fourth quarter of 2022, with prices still climbing to end what was a fantastic year for this market. Only four listings remain, representing just 1.9% of the active fleet. Similar to Q3, there were just two sales, as buyers were struggling to find quality domestic options. Even with inventory depleted, 2022 ended up producing the same amount of transactions as 2021, when inventory was significantly higher. Pricing took another small jump during the first couple months of Q4, and values now reflect an 85% increase from Q1 2021. With strong pricing and plenty of demand, now is a great time to sell your 45XR.
60XR inventory has increased but pricing remains steady as we head into the first quarter of 2023. There are now thirteen 60XR’s for sale, up from nine during Q3. Current inventory now represents 11% of the active fleet, the highest of all the Lear markets we track. Even with the climb in inventory, pricing managed to hold steady during the fourth quarter. Transactions cooled off a bit from Q3 2022, but the fourth quarter still managed to produce five sales. There were a combined 18 transactions during 2022, the most in three years. With a few more options to choose from, yet pricing holding strong, this market remains balanced for both buyers and sellers.
Lear 75 inventory remains depleted and pricing is holding steady. Similar to the previous six months, just two Lear 75’s were available during Q4. This has once again affected transactions, with only one sale taking place. That lone Q4 sale combines with the rest of 2022 transactions to make five sales on the year, the lowest we’ve seen in three years. The lack of options has kept prices strong, with values still hovering more than 50% higher than Q1 of 2021. With no competition and strong prices, now is a great time to sell your Lear 75.
