The price of a jet depends on the production year. Bombardier Global 6000 were produced from 2018 to 2022. You can see current prices for the last 5 production years in the AircraftBluebook tab below.
What Impacts a
Bombardier Global 6000’s Price?
The value of a Bombardier Global
6000 is dependent on a variety of factors, with the price of
each individual aircraft being somewhat unique. One jet’s cost can
differ significantly from another, even when both were manufactured
in the same year.
This is because aircraft vary in their maintenance condition and
the number of hours they fly annually – so the condition and time
on the airframe and engines will differ from one Global 6000 jet to
another. It is vital for a buyer to establish an aircraft’s
pedigree and how this correlates with its asking price.
What Impacts a Bombardier Global 6000’s Price?
The value of a Bombardier Global 6000 is dependent on a variety of factors, with the price of each individual aircraft being somewhat unique. One jet’s cost can differ significantly from another, even when both were manufactured in the same year.
This is because aircraft vary in their maintenance condition and the number of hours they fly annually – so the condition and time on the airframe and engines will differ from one Global 6000 jet to another. It is vital for a buyer to establish an aircraft’s pedigree and how this correlates with its asking price.
This will require buyers to delve deeper than the surface appearance of the aircraft. It will be necessary to check for corrosion in the difficult-to-access areas of the airframe and engines, and it will also be necessary to ensure the parts and components are in good condition. Life-limited components should have at least enough operating life remaining to carry the aircraft through to its next scheduled inspection.
It’s important for buyers to establish when the next major inspection or overhaul is due, and whether the engines and airframe are enrolled on a maintenance program. Such programs are designed to accrue money towards upcoming maintenance events, but different coverage levels make it important for buyers to establish what will and will not be covered.
It is also important to determine whether the maintenance program will transfer to the buyer upon completion of the transaction. For airplanes not covered by maintenance programs, it will be necessary for buyers to factor the additional maintenance cost in their offer.
Ultimately, the actual price an individual Bombardier Global 6000 sells for on the pre-owned market is a negotiation between buyer and seller, based on the above factors, and several others.
Why Does the Bombardier Global 6000’s Fleet for Sale Number Matter?
Buyers should understand how the number of Bombardier Global 6000s for sale impacts pre-owned market dynamics.
A ‘Seller’s Market’ – which gives more leverage to sellers achieving a sale price at, or close to, their asking price – traditionally occurs when less than 10% of the Bombardier Global 6000 fleet is for sale. Buyers tend to have more leverage over the eventual sale price in a ‘Buyers’ Market’, which is traditionally established when more than 10% of the fleet is available for sale on the pre-owned market.
What Else Should a Bombardier Global 6000 Buyer Consider?
The cost of ownership for a Bombardier Global 6000 do not stop with the original acquisition. Buyers need to prepare a detailed budget accounting for the ongoing fixed and variable hourly operating costs.
Among the costs of ownership are fuel, hangarage, pilot salary, insurance, tax, maintenance, and more.
It is also true that Bombardier Global 6000 values depreciate over time. Buyers should account for the fact that the aircraft will be worth less than they bought it for when they eventually come to sell it again.
How Does the Bombardier Global 6000 Compare With Other Aircraft?
Check out how the Bombardier Global 6000 compares with its competition in our Jet Comparison articles by industry expert, Mike Chase, here:
What Impacts a
Bombardier Global 6000’s Price?
The value of a Bombardier Global
6000 is dependent on a variety of factors, with the price of
each individual aircraft being somewhat unique. One jet’s cost can
differ significantly from another, even when both were manufactured
in the same year.
This is because aircraft vary in their maintenance condition and
the number of hours they fly annually – so the condition and time
on the airframe and engines will differ from one Global 6000 jet to
another. It is vital for a buyer to establish an aircraft’s
pedigree and how this correlates with its asking price.