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2005 Learjet 40

🕒 Listed 2 months ago
Call for price
fyiEstimate $3,251,500–$3,334,000 ⓘ How this estimate is built

Starts from the median asking price of 61 comparable Learjet Jet listings ($3,200,000), then adjusts for:

  • Year -3 vs comparable listings -4.5%
  • Autopilot (16% of comps) +12.0%
  • ADS-B (51% of comps) +1.3%
  • Market supply: 59 for sale of 437 FAA-registered -5.0%

Shown as a range. An estimate from asking-price comparables and FAA supply data — not an appraisal.

2005
—
N40XR ✈ Flight Tracking
Sep 22, 2026 (27 days ago)
2028
Honeywell Primus ELITE W
2
—
Palace Aviation INC Trustee Corporation
Per the FAA aircraft registry (public record)

Overview

Make / ModelLearjet 40
TypeJet
Airframe time—
Avionics / Terrain / EGPWSEGPWS
Avionics / Traffic (TCAS / TAS)TCAS II
Avionics / Flight management (FMS)Universal UNS, UNS-1EW
ADS-BYes
InspectionPhase
Autopilot RVSM ADS-B

Description

One Owner since New !!!. Low Total Time of 2,765.5 Hours. BR Engine Upgrades. Engines On MSP GOLD. Honeywell Primus ELITE W/ Synthetic Vision. Dual Universal UNS-1EW’s (WAAS/LPV). Upgraded AHRS. Flight Data Recorder. TCAS II 7.1. HF Radio W/ SELCAL. Extended Range Fuel Mod. Forward Club Arrangement. Private Aft LAV W/ Sink

Modifications

Back 4 Photos Price on request 2005 Learjet 40 XR S/N: 2028 R/N: N40XR 2,850 Total Hours United States Compare Email to Friend Date Listed: Jan 14, 2026 Seller Paragraph Seller NEXTJET, Inc Location Fort Lauderdale, FL, US One Owner since New !!! Low Total Time of 2,765.5 Hours BR Engine Upgrades Engines On MSP GOLD Honeywell Primus ELITE W/ Synthetic Vision Dual Universal UNS-1EW’s (WAAS/LPV) Upgraded AHRS Flight Data Recorder TCAS II 7.1 HF Radio W/ SELCAL Extended Range Fuel Mod Forward Club Arrangement Private Aft LAV W/ Sink Airframe & Power Systems Information Total Hours 2,850 Total Hours Landings 1,685 Engines Engine Program: On MSP Gold Loc. Make Model Serial# TSN CSN L Honeywell TFE731-20BR-1B P-116602C 2,850 1,685 R P-116603C 2,794 1,649 Jet-Care Trending and Spectro Oil Analysis from New Maintenance & Condition Complete Logs Yes Hangared Yes Damage History No Airframe: On Traxxall Airframe Total Hours 2,850 Total Hours Landings 1,685 Exclusive Bombardier/Learjet Wichita Maintained Phase A/300 Hr May 2025 Phase B/600 Hr 18 July 2024 Due 5 June 2026 Phase C/1200 Hr May 2025 Phase D/2400 Hr Complied with 2242 Hrs Due 4642 Hrs Landing Gear June c/w 2021 24 Month RVSM Inspections c/w July 2024 SB 40-52-11 Replacement of Exterior Door Sub-assembly FAA AD 2021-23-08 Complied with FAA AD2021-23-12 Complied with FAA AD 2022-04-04 Not Applicable Rear Rudder and Elevator Control Cables Replaced Avionics Honeywell Primus Elite System FMS: 2-Universal UNS-1EW’s (WAAS/LPV) COM: 2- Honeywell RM-833K DME: 2-Honeywell RNZ-851 EGPWS: Honeywell Mark V ADF: 1-Honeywell RNZ-851 XPNDR: 2-Honeywell RM-855 Autopilot: Honeywell IC-600 EFIS: 4 Tube Synthetic Vision DU-875 AHRS: Dual LCR-100 Upgrades RADAR: WU-660 RAD ALT: RT-300 TCAS: TCAS-2000 (with 7.1) HF COM: KHF-950 with SELCAL GPS: Dual UNS-1EW’s FDR: Digital FDR CVR: Honeywell SSCVR ADC: 2-AZ-850 ELT: ARTEX C406-2 Options Options Fitted: Extended Range Fuel mod Cockpit Voice Recorder Concorde 38 Ah Batteries LoPresti Boom Beam Lights Honeywell DU-875 Screens Fitted October 2018 STC01842WI Honeywell Primus ELITE Advanced Features. Synthetic Vision Digital Flight data Recorder Unilink 701 ICS-200 Pulse Light ADS-B Out Dual Angle of Attack Indicators Dual Channel Iridium Phone TCAS II Change 7.1 XM Weather Compliance RVSM: Yes FM IM: Yes ADS-B: Yes MNPS: Yes 8.33 COMMs: Yes Interior Carpet Replaced June 2021 – Timeless Grey New Zealand Wool Seating for 2 Crew and 7 Passengers, with a Forward Club Arrangement, Including Optional Plug in Slimline Tables for the Rear Seats. Cockpit is Standard Configuration with Seats in Smoke Grey. Light Grey Headliner and Sidewall. Fire-Blocked Seats Finished in Cream Leather with Dove Grey Armrests. Cabinetry is a High Gloss Walnut Burl. Private Aft Lavatory with Lighted Vanity, Sink, and Flushing Belted Toilet. Entertainment Includes Dvd, Cd & Airshow 400. Forward & Aft Monitors. Five. 110Vac Outlets. Seat Storage Drawers. Warming Oven. Exterior Overall Matterhorn White with Titanium, Navy Blue and Medium Green stripes Re-painted in January 2007. Aircraft Locking Package. Permagard Applied February 2022. Inspections Complete Logs Yes Damage History No Maintained Current with all work being completed by Bombardier Wichita. Contact Information Tel: 703-312-1000 Fort Lauderdale, FL 33304 All Specifications Subject to Verification Upon Inspection Availability Subject to Prior Lease, Sale, or Withdrawal From Market Without Notice An Important Note About Buying An Aircraft Aircraft Shopper Online takes internet fraud very seriously. Before completing any transaction, please review our fraud prevention guidelines to protect yourself. Read our Fraud Alert → Report This Ad Listed By NEXTJET, Inc Location Fort Lauderdale, FL, US Website Visit website Contact the seller for availability and additional aircraft information. Contact Seller More listings from NEXTJET, Inc Finance Calculator Enter the advertised purchase price in the full calculator to estimate financing. View Detailed Calculator Get Pre-Approved For illustrative purposes only. Actual rates and terms may vary.

Recommended avionics upgrades

Garmin GTN 650Xi

No IFR GPS navigator is listed — a GTN 650Xi is the standard entry point for WAAS/LPV capability.

See prices & suppliers ›

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…

Operating costs & specifications — Learjet 40XR

Typical model-level figures for the Learjet 40XR (not this specific airframe).

$831,085annual budget · 243 hrs/yr
$1,770variable cost / hour
$3.91cost per nm
$2,226,228avg pre-owned asking fyiEstimate  $3,251,500–$3,334,000

Performance & dimensions

Range1,723 nm
Cruise speed453 kts · 521 mph
Takeoff / landing4680.0 / 2355.0

About this plane

Twin engine turbofan aircraft. The 40XR seats up to 7 passengers plus 2 pilot(s).

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 N40XR. More flight tracking ›