In 2013, the Citation M2 rolled off the assembly line and replaced the Citation Mustang as Cessna’s current production entry-level jet. The M2 is the fourth-generation product of a demanding Citation 525 platform that features enhanced cabin ergonomics with a modernized Garmin G3000 avionics suite in the cockpit. The M2 market was in full stride for aircraft transactions during the first quarter. Since then, the market has seen a slight throttle back in buying activity with an average of 2 to 3 transactions per month from April through today. What has not yet been impacted is the average asking price. In fact, the average asking price is up by $249,000 over the same period and is largely due to late model entrants looking to capture buyers who cannot wait out the manufacturer’s backlog.
We anticipate both pricing and inventory levels to remain steady through the end of the year. Omni Aircraft Sales has experience in both buying and selling in the Citation M2 market. Put our expertise to work for you in your next Citation M2 transaction.