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Key trends are shaping pre-owned Citation markets
The Jet Agent’s Denise Wilson sees a strong seller’s market giving way to a more balanced landscape between buyers and sellers. Understanding trends is essential for making informed buying and selling decisions.
The Jet Agent founder and president Denise Wilson.

There’s a shift underway in the pre-owned Citation markets according to The Jet Agent, a US aircraft brokerage and consulting firm specialising in Citation acquisitions and sales. Founder and president Denise Wilson, CAM has spotlighted key trends shaping the market, including the strong seller’s market giving way to a more balanced landscape between buyers and sellers.

“The pre-owned Citation markets remain healthy, but we’re seeing notable shifts,” says Wilson. “While models like the Citation CJ2 are experiencing high inventory levels (10.6 per cent) with extended time on the market, other models like the Citation XLS are in limited supply, with only 2.7 per cent of the fleet currently available. Understanding these trends is essential for making informed buying and selling decisions.”

Wilson highlights the surge in Citation CJ4 availability, noting that the number of pre-owned CJ4s for sale has more than doubled in 2024, from 20 to 43 units. She attributes this to windshield frame issues that resulted in a new service bulletin (525C-56-01). On the other hand, the Citation CJ3+ market remains tight, with only 3.2 per cent of the fleet available for purchase. Earlier serial numbers, particularly 2014-2018 models, are in high demand from buyers looking to acquire these aircraft for under $8 million.

There are also shifts underway in the Citation M2 and Mustang markets. While the M2 market has historically experienced brisk turnover, the inventory has risen significantly recently, with 40 units currently available, up from 27 a year ago. In contrast, the Citation Mustang market has seen a reduction in available aircraft, dropping from 39 units at the start of the year to 21 today.

Since 1 September, buyers have acquired 152 pre-owned Citation aircraft, with US and Canadian buyers purchasing 118. As buyers seek turn-key solutions before the close of the tax year, demand is more noticeable for ready-to-fly aircraft, though some are willing to accept minor post-closing upgrades on aircraft that are priced appropriately.

The Jet Agent reports that popular upgrades include avionics modernisation on older airframes, such as the JetTech Garmin G600TXi panel and GFC 600 autopilot for the straight Citation CJ (525). Wi-fi improvements to L3 and L5 Avance systems are also in demand, in anticipation of GoGo’s LTE network launch in early 2026.

“As we head into a more balanced market, it’s more important than ever for sellers to prepare their aircraft for sale,” Wilson emphasises. “The aircraft that stands out in a crowded market will sell first, and at a higher price, than one that languishes on the market.”

Scheduling upgrades like avionics, paint or wi-fi installation can be challenging at this time of year, with shop availability already booked well into 2025. “Though time is short to sell this year, sellers can still boost their aircraft value with small improvements like cosmetic touch-ups and ensuring their logbooks are complete and organised,” she concludes.

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