Sandhills Global released a new market report identifying noteworthy supply and demand trends within the used piston single aircraft category. The report is the first from Sandhills addressing the aviation industry. Other Sandhills market reports are focused on the used commercial truck, heavy construction equipment and farm machinery markets.

Sandhills’ new report includes detailed analysis of asking values and inventory trends in the U.S. used piston single aircraft market along with charts that help readers visualize the data. The key metric used in all of Sandhills’ market reports is the Sandhills Equipment Value Index (EVI). Buyers and sellers can use the information in the EVI to monitor equipment markets and maximize returns on acquisition, liquidation and related business decisions. Below are some highlights from the newest report, which is available upon request.

Asking EVI

• The Sandhills EVI for the U.S. used piston single aircraft category in Sandhills’ marketplaces posted a 1.4% year-over-year asking value increase this November.
• The used piston single aircraft asking EVI for November 2021 was $215,408 compared with $212,481 in November 2020. Values have been steadily increasing since 2015.

Asking EVI by Age Group

• The 50-year-or-older age group of U.S. used piston single aircraft has experienced the steepest year-over-year increase at 58.67%.
• Values in this group were up more than $40,000 year over year in November, the largest dollar value increase across all age groups within the piston single aircraft category.

Inventory Trend

• Year-over-year inventory levels within the U.S. used piston single aircraft category were down 43.9% in November.
• The steepest inventory decrease was identified in the 0-to-10-year age group (down 71.4% year over year), while the 50-year-or-older age group experienced the smallest decline (down 17.5% year over year).