Learjet 40XR Market Report
Jet · generated 2026-08-31 · fyiAero market data, FAA registry, NTSB, aircraft.com sold records.
Market summary
437in operation (FAA)
9for sale · 2.1% of fleet
$2,785kaverage asking
$2,622kmedian asking
32avg days on market
29registry transfers, 6 mo
5.4 yravg length of ownership
| Low | Avg | High | |
|---|---|---|---|
| Asking price | $1,995k | $2,785k | $3,900k |
| Model year | 2005 | 2006 | 2008 |
| Airframe time | 1,798 | 5,038 | 8,613 |
| Days on market | — | 32 | 80 |
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 | $2,618k |
Features of aircraft for sale
| ADS-B | 56% (5) | |
| Autopilot | 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
| 2025-09 | 5 | |
| 2025-10 | 5 | |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 2005 | N40XR | 2028 | Inquire | $2,402,500 | — | 2,849 | 2,849 | NEXTJET INC | 22 |
| 2005 | N537XX | 2022 | Inquire | $1,530,500 | — | 8,613 | 8,613 | FlyTru Aviation | 52 |
| 2006 | N133VS | 2060 | Inquire | $2,202,500 | — | 4,495 | 4,495 | AXIOM AVIATION | 31 |
| 2006 | — | 45-2060 | Inquire | $2,260,750 | — | — | — | 19 | |
| 2006 | — | 2047 | $2,295,000 | $2,260,750 | +2% | — | — | Piedmont Jets | 19 |
| 2007 | N450LJ | 45-2089 | $1,995,000 | $1,766,500 | +13% | 8,004 | 7,987 | Hatt & Associates | 34 |
| 2008 | C-GSJV | 45-2104 | Inquire | $2,055,750 | — | 6,499 | 6,506 | FX Solutions | 22 |
| 2008 | N700MB | 2106 | $2,950,000 | $2,459,250 | +20% | 1,798 | 1,798 | Hancock Aviation LLC | 11 |
| 2008 | — | $3,900,000 | $2,529,750 | +54% | 3,013 | 3,013 | Mardisa Veículos | 80 |
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 | 2 | 10.0% | — | — | — |
| 2006 | 24 | 3 | 12.5% | $2,295k | $2,295k | $2,295k |
| 2007 | 30 | 1 | 3.3% | $1,995k | $1,995k | $1,995k |
| 2008 | 31 | 3 | 9.7% | $2,950k | $3,425k | $3,900k |
| 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 |
|---|---|---|
| 2005 | 2 | $1,966,500 |
| 2006 | 3 | $2,241,333 |
| 2007 | 1 | $1,766,500 |
| 2008 | 3 | $2,348,250 |
| Airframe hours | Units | Avg asking | Avg fyiEstimate |
|---|---|---|---|
| 0–1,999 | 1 | $2,950,000 | $2,459,250 |
| 2,000–3,999 | 2 | $3,900,000 | $2,466,125 |
| 4,000–5,999 | 1 | — | $2,202,500 |
| 6,000–7,999 | 1 | — | $2,055,750 |
| 8,000–9,999 | 2 | $1,995,000 | $1,648,500 |
Recent market activity last 60 days
| Date | Event | Aircraft | Price |
|---|---|---|---|
| 2026-08-23 | Off market | 2005 N537XX | Inquire |
| 2026-08-23 | Off market | 2008 | $3,900k |
| 2026-08-20 | Newly listed | 2007 | $1,950k |
| 2026-08-20 | Newly listed | 2008 N700MB | $2,950k |
| 2026-08-12 | Newly listed | 2006 | Inquire |
| 2026-08-12 | Newly listed | 2008 | Inquire |
| 2026-08-12 | Newly listed | 2006 | $2,295k |
| 2026-08-12 | Newly listed | 2007 | Inquire |
| 2026-08-09 | Newly listed | 2005 N40XR | Inquire |
| 2026-08-09 | Newly listed | 2008 C-GSJV | Inquire |
| 2026-07-31 | Newly listed | 2006 N133VS | Inquire |
| 2026-07-28 | Newly listed | 2007 N450LJ | $1,995k |
| 2026-07-10 | Newly listed | 2005 N537XX | Inquire |
Sold aircraft.com sold records · last asking at sale
7sold records
$4,900kavg last asking
$4,900k – $4,900krange
| Month | Sold | Avg asking |
|---|---|---|
| 2026-08 | 7 | $4,900k |
| Date | Year | Reg | TTAF | Asking |
|---|---|---|---|---|
| 2026-08-30 | 2006 | N769GT | — | $4,900k |
| 2026-08-30 | 2005 | N537XX | 8,613 | $4,900k |
| 2026-08-30 | 2008 | 3,013 | $4,900k | |
| 2026-08-23 | 2007 | 3,440 | $4,900k | |
| 2026-08-16 | 2006 | N623FC | 4,717 | $4,900k |
| 2026-08-16 | 2006 | N289NX | 7,393 | $4,900k |
| 2026-08-10 | 2007 | N740KD | 7,129 | $4,900k |
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.
