Gulfstream GIV Price Guide

What Impacts a Gulfstream GIV’s Price?

The cost of a Gulfstream GIV can be impacted by several things. The value and condition of one aircraft can differ significantly from another – even when the two aircraft were produced in the same year.

That can especially be the case when the aircraft is an older model, such as the Gulfstream GIV, with decades of operation, potentially with multiple owners and operators, each with varying approaches to maintenance and upkeep. Therefore, establishing the maintenance condition, searching the logbooks for damage history, and paying attention to total time on the airframe and engines is essential.

When inspecting an aircraft for its maintenance condition, Gulfstream GIV buyers should look deeper than the obvious signs of surface wear and tear. Check the harder to access areas for signs of corrosion, and ensuring the parts and components of the engines and airframe are in good condition.

Buyers should make sure they know when the GIV’s next overhaul or major inspection is due, whether the engines and airframe are enrolled on an hourly maintenance program, and what is covered. If the aircraft is not covered by a maintenance program, it will probably be necessary to factor the additional anticipated cost of maintenance work into an offer for the jet.

As demonstrated, the sale price of a pre-owned Gulfstream GIV may be different to the ask price, and is negotiated between buyers and sellers based on the above factors, and others (for example, has the aircraft been modified or upgraded since new, and does this enhance or detract from its value?).

Why Does the GIV’s Fleet for Sale Number Matter?

Buyers should pay attention to the number of Gulfstream GIVs available for sale at any one time and understand the implications for the pre-owned marketplace.

For example, when less than 10% of the Gulfstream GIV fleet is for sale, the market becomes a ‘Sellers’ Market’, and is likely to mean sellers enjoy a better command of an eventual sale price. Buyers have a better bargaining position when a larger percentage of the fleet is listed for sale (i.e. more than 10%), and they have a bigger pool of a desired make/model to shop from.

What Else Should a Gulfstream GIV Buyer Consider?

The cost to own a Gulfstream GIV continues after the original purchase, and buyers should budget carefully, factoring both the variable hourly operating costs, the fixed hourly operating costs that are associated with owning a jet, along with asset depreciation over the projected ownership period.

Among the costs of ownership are fuel, hangarage, pilot salary, insurance, tax, maintenance, and more.

Wondering how to make the most of a Gulfstream GIV cabin? Read about this long-lasting GIV refurbishment from Duncan Aviation:

• How to Refurbish a Jet for the Long-Term