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Jet

2007 LEARJET 40XR

$1,995,000 fyiEstimate $860,500–$882,500 How this estimate is built

Starts from the median asking price of 22 comparable LEARJET Jet listings ($812,500), then adjusts for:

  • Year +15 vs comparable listings +20.0%
  • Airframe time +417 hr vs comps -0.8%
  • Engine time +2,469 hr vs comps -7.4%
  • Autopilot (uncommon in comps) +2.0%
  • Market supply: 42 for sale of 437 FAA-registered -4.6%

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

2007
8,004 hrs
N450LJ
45-2089
HONEYWELL TFE731-20BR-1B
2
📍 Scottsdale, Arizona
Dave Bruce & S LLC
Per the FAA aircraft registry (public record)

Overview

Make / ModelLEARJET 40XR
TypeJet
Airframe time8,004 hrs
Engine time7,987.5 SNEW
Avionics / OtherGarmin GDL 52
AnnualFebruary 2026
Autopilot

Description

Hatt & Associates is an independent, global aircraft sales company. Our experience allows us to handle complicated transactions and offer invaluable guidance. We utilize our large network of connections to secure the best deals for our clients, while providing a personal touch because we know their interests well. Let us walk you through the process of acquiring an aircraft or locating a plane for your needs.

Modifications

UNS-1EW FMS Upgrade with LNAV / VNAV ADS-B Out with Garmin ADS-B In Weather RVSM & B-RNAV Compliant Upgraded Forward & Aft Cabin Displays Airshow 400 with updated monitors DVD Player 6-Disc Music Changer (inoperative) Garmin GDL-52 with SiriusXM Weather Iridium Satellite Phone Bombardier Fuel Increase Modification B-RNAV Compliant TCAS II

Avionics

Honeywell Primus 1000 Integrated Avionics Suite FMS: Universal UNS-1EW (Single) with LNAV / VNAV Autopilot / Flight Director: Honeywell IC-600 AHRS: Dual Honeywell AHZ-800 Air Data Computers: Dual Honeywell AZ-850 NAV: Dual Honeywell RNZ-851 COMM: Dual Honeywell RCZ-833 (8.33 kHz) ADF: Dual Honeywell KR-87 DME: Dual Honeywell DN-441B Weather Radar: Honeywell WU-660 Color Radar Radar Altimeter: Collins ALT-55B Transponders: Dual (ADS-B Out compliant) TCAS II: Honeywell TPU-67B EGPWS: Honeywell Mark VII Cockpit Voice Recorder: Fairchild A2000S Flight Data Recorder: Fairchild F100 ELT: Artex C406-2

How this aircraft compares

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

Airframe time

83rd pct
2,8498,613This aircraft · 8,004

8,004 hours total (TTAF) · 83rd percentile of 6 listings

Engine time (Engine 1)

83rd pct
2,8498,613This aircraft · 7,987

7,987 hours since new · 83rd percentile of 6 listings

Engine time (Engine 2)

83rd pct
2,7938,335This aircraft · 7,987

7,987 hours since new · 83rd percentile of 6 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

Year2007
ManufacturerLEARJET
Model40XR
Serial Number45-2089
Registration #N450LJ
ConditionUsed

Airframe

Total Time8,004.8
Total Landings6,833
Max Ramp Weight21,250 lb
Max Takeoff Weight21,000 lb
Max Landing Weight19,200 lb
Max Payload2,000 lb
Max Zero Fuel Weight16,000 lb

Engine 1

Engine 1 Make/ModelHONEYWELL TFE731-20BR-1B
Engine 1 Time7,987.5 SNEW
Engine 1 Cycles6,815

Engine 2

Engine 2 Make/ModelHONEYWELL TFE731-20BR-1B
Engine 2 Time7,987 SNEW
Engine 2 Cycles6,815

Avionics

Avionics/RadiosHoneywell Primus 1000 Integrated Avionics Suite FMS: Universal UNS-1EW (Single) with LNAV / VNAV Autopilot / Flight Director: Honeywell IC-600 AHRS: Dual Honeywell AHZ-800 Air Data Computers: Dual Honeywell AZ-850 NAV: Dual Honeywell RNZ-851 COMM: Dual Honeywell RCZ-833 (8.33 kHz) ADF: Dual Honeywell KR-87 DME: Dual Honeywell DN-441B Weather Radar: Honeywell WU-660 Color Radar Radar Altimeter: Collins ALT-55B Transponders: Dual (ADS-B Out compliant) TCAS II: Honeywell TPU-67B EGPWS: Honeywell Mark VII Cockpit Voice Recorder: Fairchild A2000S Flight Data Recorder: Fairchild F100 ELT: Artex C406-2

Additional Equipment

Additional EquipmentUNS-1EW FMS Upgrade with LNAV / VNAV ADS-B Out with Garmin ADS-B In Weather RVSM & B-RNAV Compliant Upgraded Forward & Aft Cabin Displays Airshow 400 with updated monitors DVD Player 6-Disc Music Changer (inoperative) Garmin GDL-52 with SiriusXM Weather Iridium Satellite Phone Bombardier Fuel Increase Modification B-RNAV Compliant TCAS II

Inspection Status

Inspection StatusFull CAMP Status upon requests Fresh A & B Inspections by Duncan Aviation - LNK February 2026 Enrolled on Smart Parts

Engine Program

Engine Maintenance ProgramMSP Gold