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2005 LEARJET 40XR

🕒 Listed 2 months ago
Call for price
fyiEstimate $2,544,000–$2,608,500 ⓘ How this estimate is built

Starts from the median asking price of 7 comparable Learjet 40XR listings ($1,950,000), then adjusts for:

  • Year -2 vs comparable listings -3.0%
  • Airframe time -4,879 hr vs comps +9.8%
  • Engine time -4,850 hr vs comps +19.4%
  • Autopilot (43% of comps) +8.2%
  • ADS-B (57% of comps) +1.1%
  • 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
2,849 hrs
N40XR ✈ Flight Tracking
Sep 22, 2026 (27 days ago)
2028
HONEYWELL TFE731-20BR-1B
2
—
📍 Fort Lauderdale, Florida
Palace Aviation INC Trustee Corporation
Per the FAA aircraft registry (public record)

Overview

Make / ModelLearjet 40XR
TypeJet
Airframe time2,849 hrs
Engine time2,849.8
Avionics / flight deckHONEYWELL
Avionics / Terrain / EGPWSEGPWS
Avionics / Traffic (TCAS / TAS)TCAS
Avionics / Flight management (FMS)UNIVERSAL UNS, UNS-1EW
ADS-BYes
AirworthyYes
Autopilot ADS-B

Description

ONE OWNER SINCE NEW !!! IMPECCABLE LEAR 40XR OPTION WITH BR ENGINE UPGRADES, MSP GOLD, HONEYWELL PRIMUS ELITE W/ SYNTHETIC VISION UPGRADE, UPGRADED DU-875 SCREENS, TCAS II CHANGE 7.1...and more !!!

Modifications

HONEYWELL PRIMUS ELITE ADVANCE UPGRADE EXTENDED RANGE FUEL MOD HONEYWELL DU-875 SCREENS FITTED OCTOBER 2018 STC01842WI UNILINK 701 DUAL ANGLE OF ATTACK INDICATORS COCKPIT VOICE RECORDER ICS-200 DUAL CHANNEL IRIDIUM PHONE CONCORDE 38 AH BATTERIES PULSE LIGHT LOPRESTI BOOM BEAM LIGHTS ADS-B OUT XM WEATHER HONEYWELL DU-875 SCREENS FITTED OCTOBER 2018 STC01842WI HONEYWELL PRIMUS ELITE ADVANCED FEATURES UPGRADE. SYNTHETIC VISION

Avionics

HONEYWELL PRIMUS ELITE SYSTEM UPGRADE FMS: DUAL UNIVERSAL UNS-1EW’S (WAAS/LPV) RADAR: WU-660 COM: DUAL HONEYWELL RM-833K RAD ALT: RT-300 DME: DUAL HONEYWELL RNZ-851 TCAS: TCAS-2000 (WITH 7.1) EGPWS: HONEYWELL MARK V HF COM: KHF-950 WITH SELCAL ADF: HONEYWELL RNZ-851 GPS: DUAL UNS-1EW’S XPNDR: DUAL HONEYWELL RM-855 FDR: DIGITAL FDR AUTOPILOT: HONEYWELL IC-600 CVR: HONEYWELL SSCVR EFIS: 4 TUBE SYNTHETIC VISION DU-875 ADC: DUAL AZ-850 AHRS: DUAL LCR-100 UPGRADES ELT: ARTEX C406-2

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…

How this aircraft compares

Where this Learjet 40XR lands versus other Learjet 40XR listings on fyiAero.

Price

$1.9M$3.0M

median $1.9M of 7 comparable asking prices

Airframe time

22nd pct
1,7989,606This aircraft · 2,849

2,849 hours total (TTAF) · 22nd percentile of 9 listings

Engine time (Engine 1)

22nd pct
1,7989,558This aircraft · 2,849

2,849 engine hours · 22nd percentile of 9 listings

Engine time (Engine 2)

22nd pct
1,7989,417This aircraft · 2,793

2,793 engine hours · 22nd percentile of 9 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

Year2005
ManufacturerLEARJET
Model40XR
Serial Number2028
Registration #N40XR
ConditionUsed
FlightRulesIFR

Airframe

Total Time2,849.8
Total Landings1,685
WingletsYes
Maintenance TrackingTRAXXALL

Engine 1

Engine 1 Make/ModelHONEYWELL TFE731-20BR-1B
Engine 1 Serial NumberP-116602C
Engine 1 Time2,849.8
Engine 1 TBO6000
Engine 1 Cycles1,685

Engine 2

Engine 2 Make/ModelHONEYWELL TFE731-20BR-1B
Engine 2 Serial NumberP-116603C
Engine 2 Time2,793.6
Engine 2 TBO7000
Engine 2 Cycles1,649

Avionics

Flight Deck Manufacturer/ModelHONEYWELL
ADS-B EquippedYes
WAASYes
LPVYes
Avionics/RadiosHONEYWELL PRIMUS ELITE SYSTEM UPGRADE FMS: DUAL UNIVERSAL UNS-1EW’S (WAAS/LPV) RADAR: WU-660 COM: DUAL HONEYWELL RM-833K RAD ALT: RT-300 DME: DUAL HONEYWELL RNZ-851 TCAS: TCAS-2000 (WITH 7.1) EGPWS: HONEYWELL MARK V HF COM: KHF-950 WITH SELCAL ADF: HONEYWELL RNZ-851 GPS: DUAL UNS-1EW’S XPNDR: DUAL HONEYWELL RM-855 FDR: DIGITAL FDR AUTOPILOT: HONEYWELL IC-600 CVR: HONEYWELL SSCVR EFIS: 4 TUBE SYNTHETIC VISION DU-875 ADC: DUAL AZ-850 AHRS: DUAL LCR-100 UPGRADES ELT: ARTEX C406-2

Additional Equipment

Additional EquipmentUNILINK 701 DUAL ANGLE OF ATTACK INDICATORS COCKPIT VOICE RECORDER ICS-200 DUAL CHANNEL IRIDIUM PHONE CONCORDE 38 AH BATTERIES PULSE LIGHT LOPRESTI BOOM BEAM LIGHTS ADS-B OUT XM WEATHER HONEYWELL DU-875 SCREENS FITTED OCTOBER 2018 STC01842WI HONEYWELL PRIMUS ELITE ADVANCED FEATURES UPGRADE. SYNTHETIC VISION

Modifications/Conversions

Modifications/ConversionsHONEYWELL PRIMUS ELITE ADVANCE UPGRADE EXTENDED RANGE FUEL MOD HONEYWELL DU-875 SCREENS FITTED OCTOBER 2018 STC01842WI

Interior

Year Interior2021
Number of Seats7
GalleyYes
Galley ConfigurationForward
LavatoryYes
Lavatory ConfigurationAft

Exterior

Year Painted2007

Inspection Status

Inspection StatusMAINTAINED CURRENT ALL MAINTENANCE COMPLETED BY BOMBARDIER/LEARJET WICHITA
AirworthyYes

Engine Program

Engine Maintenance ProgramMSP Gold

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  $2,544,000–$2,608,500

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 ›