By Chris Reynolds, ASA | Aircraft Bluebook

Aircraft Bluebook At-a-Glance has reviewed the current market status of the Beechcraft Premier 1A business jet. Research for this study was obtained in part from Aircraft Bluebook, Aircraft Bluebook’s Historical Value Reference, the FAA’s registry website and various trade services.

Demand

Currently the Premier 1A fleet is approximately 153 aircraft. At press time, between 15 and 20 year models — approximately 11 percent of the Premier 1A fleet — were for sale.

Pricing

Current offerings for the Premier 1A range from low-$1 million to high-$5 million with airframe time varying from several hundred hours to more than 3,000 hours depending on the year model. Over the last year, approximately 20-25 sales appear to have occurred. Average time on market was more than 200 days. Equipment, time, condition and engine maintenance programs can significantly affect time on market and marketable value. For the spring 2015 Aircraft Bluebook, a 2006 Beechcraft Premier 1A has a reported Average Retail Value of $1.6 million, which is an increase of $100,000 from the previous quarter’s Average Retail Value.

Residual Values

A 2006 Beechcraft Premier 1A, whose market values have been tracked since the first quarter of 2006, was reported new with an average equipped price of $6,057,240. Aircraft Bluebook’s Historical Value Reference has demonstrated the Beechcraft Premier 1A market value (performance by quarter) for this 2006 model in the graph and table.

Find other historical values at Aircraft Bluebook’s website, www.aircraftbluebook.com.