Market Analysis: Pre-owned Gulfstream G650

1. Market Overview

The pre-owned Gulfstream G650 and G650ER markets remain active and well-supplied, with roughly 20 aircraft publicly available worldwide — 7 G650s and 13 G650ERs. That represents only ~3–5% of the total combined fleet (nearly 600 aircraft in operation), indicating healthy but visible liquidity rather than true oversupply

• Average model year on market: 2017
• Typical asking price: ~US $30–50 million
• Absorption rate: roughly 4 months for G650ERs, 5–6 months for G650s

While listings are consistent month-to-month, buyers are now far more selective, seeking later-production aircraft with complete maintenance coverage and modern connectivity.

2. Sales Performance — What the Numbers Show

Recent transaction data (past quarter) underscores a steady trading pace:

Sale prices are broadly aligned with asking levels, showing limited discounting and underscoring the resilience of the G650/ER value curve even amid higher inventory.

Late-model and low-time aircraft continue to command premiums north of $45 million, while early 2013–2015 vintages generally trade in the low-to-mid $30 millions.

3. Market Factors

Fleet Renewal Cycle:
After more than a decade in service, the earliest G650s (delivered from 2012 onward) are reaching major inspection intervals. Many owners opt to sell before heavy maintenance, contributing to higher listing counts.

Buyer Selectivity:
Operators today prioritize aircraft enrolled in Rolls-Royce CorporateCare or equivalent programs, with upgraded Ka-band connectivity and refreshed interiors. Anything lacking those features sells more slowly.

4. Market Sentiment

Buyers:

• Enjoy more choice across vintages and configurations than at any point since 2019.
• Can negotiate value through upcoming maintenance events rather than headline price cuts.
• Late-model, well-equipped examples remain competitive and rarely linger if priced correctly.
• When a high-quality aircraft combines the right features, maintenance pedigree, and ownership history, buyers should act decisively and make a strong offer — the market is healthy, and premium aircraft continue to move quickly.

Sellers:

• Face more scrutiny on maintenance and cosmetics.
• Achieve faster results with transparent record presentation and realistic pricing within 5–10 % of recent comparables.
• OEM and broker-backed resale channels (particularly trade-ins tied to new G700/G800 orders) add subtle competition.

5. Outlook

• Short Term (6–12 months): Expect supply to stay steady as more early G650s reach heavy checks and additional 700 deliveries occur.
• Medium Term (12–24 months): Absorption should normalize; G650ERs will remain the preferred choice for long-range buyers unwilling to pay G700 premiums.
• Long Term: The G650 platform will retain value thanks to its proven range, speed, and reliability — a benchmark aircraft that continues to trade actively even as successors arrive.