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1982 LEARJET 55
Starts from the median asking price of 9 comparable Learjet 55 listings ($595,000), then adjusts for:
- Year -1 vs comparable listings -1.5%
- Airframe time -1,526 hr vs comps +3.1%
- Engine time -59 hr vs comps +0.2%
- Garmin GTN 750Xi (0% of comps) +12.0%
- No Autopilot (56% of comps have one) -8.0%
- Market supply: 16 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 |
| Avionics / Weather radar | GWX 75 |
| Avionics / Terrain / EGPWS | TAWS B |
| Avionics / Flight management (FMS) | UNIVERSAL UNS |
| Avionics / ADF | ADF-60 |
| Avionics / DME | DME-40 |
| 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
Recommended avionics upgrades
No autopilot is listed — a GFC 600 or S-TEC 3100 digital autopilot is a major capability and value add, subject to STC approval for this model.
Shop options ›Suggestions are based on the panel described in this listing; verify STC approval for this make/model before any installation.
Service Difficulty Reports (SDRs)
Checking FAA service difficulty reports…
Airworthiness Directives (ADs)
Checking airworthiness directives…
How this aircraft compares
Where this Learjet 55 lands versus other Learjet 55 listings on fyiAero.
Price
median $595k of 9 comparable asking prices
Airframe time
50th pct11,451 hours total (TTAF) · 50th percentile of 8 listings
Engine time (Engine 1)
62nd pct11,288 hours since major overhaul · 62nd percentile of 8 listings
Engine time (Engine 2)
62nd pct11,211 engine hours · 62nd 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 |
|---|
Range from base
Still-air range ring — type an aircraft to change it. Compare aircraft on the Range tool ›
Last flight
Actual flight path from FlightAware for N762MG. More flight tracking ›
