Learjet 40XR Market Report
Jet · generated 2026-10-20 · fyiAero market data, FAA registry, NTSB, aircraft.com sold records.
Market summary
437in operation (FAA)
9for sale · 2.1% of fleet
$2,249kaverage asking
$2,075kmedian asking
48avg days on market
22registry transfers, 6 mo
5.5 yravg length of ownership
| Low | Avg | High | |
|---|---|---|---|
| Asking price | $1,895k | $2,249k | $2,950k |
| Model year | 2006 | 2007 | 2008 |
| Airframe time | 1,798 | 5,506 | 9,606 |
| Days on market | — | 48 | 81 |
For sale & average asking by month reconstructed from listing history
| Month | For sale | Avg asking | Trend |
|---|---|---|---|
| 2026-06 | 1 | $3,900k | |
| 2026-07 | 4 | $2,948k | |
| 2026-08 | 12 | $2,598k | |
| 2026-09 | 14 | $2,147k | |
| 2026-10 | 15 | $2,140k |
Features of aircraft for sale
| Autopilot | 67% (6) | |
| ADS-B | 56% (5) | |
| Glass flight deck | 44% (4) | |
| GPS navigator | 0% (0) | |
| FIKI | 0% (0) | |
| GTN 750 / 750Xi | 0% (0) |
Where the fleet is based top states, FAA registry
| TX | 55 | |
| DE | 37 | |
| OK | 36 | |
| UT | 35 | |
| FL | 28 | |
| OH | 22 | |
| MI | 20 | |
| AR | 18 | |
| IL | 18 | |
| NE | 16 |
9 of 437 are individually registered.
Registry transfers by month new registration certificates, 12 mo
| 2025-10 | 3 | |
| 2025-11 | 5 | |
| 2025-12 | 10 | |
| 2026-01 | 5 | |
| 2026-02 | 10 | |
| 2026-03 | 3 | |
| 2026-04 | 7 | |
| 2026-05 | 8 | |
| 2026-06 | 4 | |
| 2026-07 | 6 | |
| 2026-08 | 1 |
Aircraft for sale 9 units · asking vs fyiEstimate
| Year | Reg | Serial | Asking | fyiEstimate | vs est | TTAF | Engine | Seller | DOM |
|---|---|---|---|---|---|---|---|---|---|
| 2006 | N133VS | 2060 | Inquire | $2,395,500 | — | 4,495 | 4,495 | AXIOM AVIATION | 81 |
| 2006 | N623FC | 2047 | Inquire | $2,305,750 | — | 4,717 | 4,717 | Piedmont Jets | 36 |
| 2006 | — | 45-2060 | Inquire | $1,892,250 | — | — | — | 69 | |
| 2007 | N1932 | 45-2082 | $1,895,000 | $2,026,750 | -6% | 7,728 | 7,720 | Featherstone Aviation | 16 |
| 2007 | — | 45-2089 | $1,950,000 | $1,921,000 | +2% | — | — | Hatt & Associates | 61 |
| 2007 | N618PJ | 2076 | $2,200,000 | $1,808,750 | +22% | 9,606 | 9,558 | Thunder Wings Aircraft Sales | 15 |
| 2008 | PR-JEC | 2105 | Inquire | $2,641,500 | — | 3,700 | 3,700 | Global Aircraft | 27 |
| 2008 | C-GSJV | 45-2104 | Inquire | $2,321,500 | — | 6,499 | 6,506 | FX Solutions | 72 |
| 2008 | N700MB | 2106 | $2,950,000 | $2,552,000 | +16% | 1,798 | 1,798 | Hancock Aviation LLC | 61 |
Market by model year fleet · for sale · asking
| Year | Fleet | For sale | % | Low | Avg | High |
|---|---|---|---|---|---|---|
| 1995 | 1 | 0 | 0.0% | — | — | — |
| 1998 | 7 | 0 | 0.0% | — | — | — |
| 1999 | 15 | 0 | 0.0% | — | — | — |
| 2000 | 33 | 0 | 0.0% | — | — | — |
| 2001 | 37 | 0 | 0.0% | — | — | — |
| 2002 | 14 | 0 | 0.0% | — | — | — |
| 2003 | 4 | 0 | 0.0% | — | — | — |
| 2004 | 11 | 0 | 0.0% | — | — | — |
| 2005 | 20 | 0 | 0.0% | — | — | — |
| 2006 | 24 | 3 | 12.5% | — | — | — |
| 2007 | 30 | 3 | 10.0% | $1,895k | $2,015k | $2,200k |
| 2008 | 31 | 3 | 9.7% | $2,950k | $2,950k | $2,950k |
| 2009 | 11 | 0 | 0.0% | — | — | — |
| 2010 | 9 | 0 | 0.0% | — | — | — |
| 2011 | 14 | 0 | 0.0% | — | — | — |
| 2012 | 7 | 0 | 0.0% | — | — | — |
| 2013 | 15 | 0 | 0.0% | — | — | — |
| 2014 | 18 | 0 | 0.0% | — | — | — |
| 2015 | 14 | 0 | 0.0% | — | — | — |
| 2016 | 10 | 0 | 0.0% | — | — | — |
| 2017 | 7 | 0 | 0.0% | — | — | — |
| 2018 | 3 | 0 | 0.0% | — | — | — |
| 2019 | 6 | 0 | 0.0% | — | — | — |
| 2020 | 5 | 0 | 0.0% | — | — | — |
| 2021 | 5 | 0 | 0.0% | — | — | — |
| 2022 | 2 | 0 | 0.0% | — | — | — |
fyiEstimate values by model year and airframe time
| Model year | Units | Avg fyiEstimate |
|---|---|---|
| 2006 | 3 | $2,197,833 |
| 2007 | 3 | $1,918,833 |
| 2008 | 3 | $2,505,000 |
| Airframe hours | Units | Avg asking | Avg fyiEstimate |
|---|---|---|---|
| 0–1,999 | 1 | $2,950,000 | $2,552,000 |
| 2,000–3,999 | 1 | — | $2,641,500 |
| 4,000–5,999 | 2 | — | $2,350,625 |
| 6,000–7,999 | 2 | $1,895,000 | $2,174,125 |
| 8,000–9,999 | 1 | $2,200,000 | $1,808,750 |
Recent market activity last 60 days
| Date | Event | Aircraft | Price |
|---|---|---|---|
| 2026-10-05 | Newly listed | 2007 N618PJ | $2,200k |
| 2026-10-04 | Newly listed | 2007 N1932 | $1,895k |
| 2026-09-23 | Newly listed | 2008 PR-JEC | Inquire |
| 2026-09-17 | Newly listed | 2007 | $1,895k |
| 2026-09-17 | Newly listed | 2007 N1932 | $1,895k |
| 2026-09-14 | Newly listed | 2006 N623FC | Inquire |
| 2026-09-06 | Off market | 2007 N450LJ | $1,995k |
| 2026-08-23 | Off market | 2005 N537XX | Inquire |
| 2026-08-23 | Off market | 2008 | $3,900k |
Sold aircraft.com sold records · last asking at sale
8sold records
$1,995kavg last asking
$1,995k – $1,995krange
| Month | Sold | Avg asking |
|---|---|---|
| 2026-08 | 7 | — |
| 2026-09 | 1 | $1,995k |
| Date | Year | Reg | TTAF | Asking |
|---|---|---|---|---|
| 2026-09-13 | 2007 | N450LJ | 8,004 | $1,995k |
| 2026-08-30 | 2008 | 3,013 | — | |
| 2026-08-30 | 2005 | N537XX | 8,613 | — |
| 2026-08-30 | 2006 | N769GT | — | — |
| 2026-08-23 | 2007 | 3,440 | — | |
| 2026-08-16 | 2006 | N623FC | 4,717 | — |
| 2026-08-16 | 2006 | N289NX | 7,393 | — |
| 2026-08-10 | 2007 | N740KD | 7,129 | — |
Operating costs full cost analysis →
$831,085annual budget · 243 hrs
$1,770variable cost / hour
$3.91cost per nm
fyiEstimate values are market estimates from comparable asking prices (which skew high versus sold prices), not certified appraisals. Fleet and ownership figures from the FAA Releasable Registry; "registry transfers" count new registration certificates issued. Sold records from aircraft.com reflect the last asking price, not the transaction price. Monthly history is reconstructed from when listings first and last appeared.
