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1982 LEARJET 55
Starts from the median asking price of 4 comparable LEARJET 55 listings ($672,500), then adjusts for:
- Year -1 vs comparable listings -1.5%
- Airframe time -4,864 hr vs comps +9.7%
- Engine time -4,624 hr vs comps +12.0%
- Garmin GTN 750Xi (uncommon in comps) +3.5%
- Modern GPS navigator (uncommon in comps) +3.0%
- Market supply: 15 for sale of 55 FAA-registered -5.0%
Shown as a range. An estimate from asking-price comparables and FAA supply data — not an appraisal.
Overview
| Make / Model | LEARJET 55 |
|---|---|
| Type | Jet |
| Airframe time | 11,451 hrs |
| Engine time | 11,288 SMOH |
| Avionics / flight deck | COLLINS |
| Avionics / GPS | Garmin GTN 750Xi |
| ADS-B | Yes |
| Airworthy | Yes |
Description
GORGEOUS LEARJET 55 OPPORTUNITY WITH NEW PAINT, FRESH ENGINE OVERHAULS, ON MSP GOLD, GARMIN GTN 750XI UPGRADE, UNIVERSAL UNS-1EW WITH WAAS/LPV. UPGRADED GARMIN DIGITAL DOPLAR WEATHER RADAR...and more !!!
Modifications
UPGRADED AVIONICS AND WEATHER RADAR. DRAG CHUTE SINGLE POINT REFUELING W/HEATERS AIRSHOW DISPLAY BELTED LAV EROS OXYGEN MASKS LEAD ACID BATTERIES FREON AIR CONDITIONING
Avionics
DUAL COLLINS FDS-85 FLIGHT DIRS. COLLINS ADF-60 UNIVERSAL UNS-1EW FMS With LPV/WAAS GARMIN GTN 750XI GPS/COMM DUAL COLLINS VIR-30A NAVS KING KHF 950 DUAL GARMIN GTX 3X5R TRANSPONDERS GARMIN GTN 750XI TAWS B TAS/SAT W/ROSEMOUNT PROBE RYAN TCAD TRAFFIC DISPLAY GARMIN GWX 75 DIGITAL DOPLER RADAR ARTEX ME406 ELT FAIRCHILD GA100 CVR DUAL ALLEN 3137 RMI’S FLIGHTSTREAM 510 WIRELESS CONNECT DUAL COLLINS DME-40 COLLINS ALT-55B RADIO ALTIMETER JET FCS-200 AUTO PILOT
How this aircraft compares
Where this LEARJET 55 lands versus other LEARJET 55 listings on fyiAero.
Airframe time
38th pct11,451 hours total (TTAF) · 38th percentile of 8 listings
Engine time (Engine 1)
50th pct11,288 hours since major overhaul · 50th percentile of 8 listings
Engine time (Engine 2)
50th pct11,211 engine hours · 50th percentile of 8 listings
Percentile = share of comparable listings at or below this value. Lower airframe/engine hours are generally fresher; price reflects the asking price only.
General
| Year | 1982 |
|---|---|
| Manufacturer | LEARJET |
| Model | 55 |
| Serial Number | 035 |
| Registration # | N762MG |
| Condition | Used |
| FlightRules | IFR |
Airframe
| Total Time | 11,451.9 |
|---|---|
| Total Landings | 8,325 |
| Winglets | Yes |
| Maintenance Tracking | TRAXXALL |
Engine 1
| Engine 1 Make/Model | HONEYWELL TFE731-3AR-2B |
|---|---|
| Engine 1 Serial Number | P-85178 |
| Engine 1 Time | 11,288 SMOH |
| Engine 1 TBO | 4200 |
| Engine 1 Cycles | 8,255 |
Engine 2
| Engine 2 Make/Model | HONEYWELL TFE731-3AR-2B |
|---|---|
| Engine 2 Serial Number | P-85134 |
| Engine 2 Time | 11,211.8 |
| Engine 2 TBO | 4200 |
| Engine 2 Cycles | 8,196 |
Avionics
| Flight Deck Manufacturer/Model | COLLINS |
|---|---|
| ADS-B Equipped | Yes |
| WAAS | Yes |
| LPV | Yes |
| Avionics/Radios | DUAL COLLINS FDS-85 FLIGHT DIRS. COLLINS ADF-60 UNIVERSAL UNS-1EW FMS With LPV/WAAS GARMIN GTN 750XI GPS/COMM DUAL COLLINS VIR-30A NAVS KING KHF 950 DUAL GARMIN GTX 3X5R TRANSPONDERS GARMIN GTN 750XI TAWS B TAS/SAT W/ROSEMOUNT PROBE RYAN TCAD TRAFFIC DISPLAY GARMIN GWX 75 DIGITAL DOPLER RADAR ARTEX ME406 ELT FAIRCHILD GA100 CVR DUAL ALLEN 3137 RMI’S FLIGHTSTREAM 510 WIRELESS CONNECT DUAL COLLINS DME-40 COLLINS ALT-55B RADIO ALTIMETER JET FCS-200 AUTO PILOT |
Additional Equipment
| Additional Equipment | DRAG CHUTE SINGLE POINT REFUELING W/HEATERS AIRSHOW DISPLAY BELTED LAV EROS OXYGEN MASKS LEAD ACID BATTERIES FREON AIR CONDITIONING |
|---|
Modifications/Conversions
| Modifications/Conversions | UPGRADED AVIONICS AND WEATHER RADAR. |
|---|
Interior
| Year Interior | 2016 |
|---|---|
| Number of Seats | 8 |
| Galley | Yes |
| Galley Configuration | Forward |
| Lavatory | Yes |
| Lavatory Configuration | Aft |
Exterior
| Year Painted | 2025 |
|---|
Inspection Status
| Inspection Status | FRESH 300 HOUR AND 600 HOUR INSPECTIONS FROM SPECTRA JET MARCH 2026 FRESH ENGINE OVERHAULS MARCH 2026 |
|---|---|
| Airworthy | Yes |
Engine Program
| Engine Maintenance Program | MSP Gold |
|---|
