Whether international travel is your profile or a quick trip to a neighboring state then the Challenger 604 was built for you. With inventory levels rising to just under 10% of the fleet over the last 12 months, we are seeing ask prices suffer in response to this inventory increase. The average ask price for the Challenger 604 has dropped an average of 15% over the last 12 months. With asking prices on the decline and inventory levels rising, now is the time for buyers to capitalize on this amazing machine. Sellers of the Challenger platform should rest assured. As we approach the end of Q3 2020, look for the Challenger 604 inventory levels to imitate 2019 and start to level off.
Omni Aircraft Sales is closely monitoring trends in the Challenger market and helping to keep our clients’ investments secure.