Cirrus Market Update: Spring 2025 Trends You Need to Know!
Hello Fellow Cirrus owners, pilots, and friends. We thought the beginning of flying season would be a good time to update you on our assessment of the Cirrus pre-owned market. If nothing else, you can track our predictions to see how wrong we can be!!
As we move deeper into 2025, buyers and sellers alike are navigating a market that’s being shaped not only by aircraft supply and demand fundamentals, but also by broader economic forces and rapidly-evolving trade policies. With volatility in equity markets and stubbornly high interest rates, it would be reasonable to assume the Cirrus resale market is struggling. Yet, from our perspective as the world’s largest Cirrus brokerage, the market feels as dynamic and active as it’s ever been. Aerista’s year-to-date transaction volume is on par with 2024’s record levels, and our sales pipeline is quite strong as we roll into the busy late-Spring season.
So despite the noise and turbulence, the Cirrus resale market appears generally balanced, and some interesting observations have emerged:
“But What About All the Inventory?”
While an oft-cited concern that high used-Cirrus inventory is signaling an impending market crash, a closer look reveals a more nuanced reality. In older Cirrus segments (G5 and earlier), inventory levels are objectively healthy—hovering around 5% or less of the total fleet, which is within normal historical ranges and indicates a balanced market.
The bulk of apparent oversupply is concentrated in newer models (particularly G6s), many of which are unrealistically priced, and thus not meaningful competitors in the true marketplace. These listings often reflect seller aspirations more than market reality, and they tend to sit unsold for extended periods. More than a quarter of G6 Turbos currently for sale have been on the market for more than 6 months! Once those outliers are filtered out, buyers find that quality, fairly priced aircraft remain in limited supply—and continue to transact quickly.
The G7 Effect (on itself and G6s): A New Segment Matures
It’s now been over a year since Cirrus introduced the Generation 7 SR series, and the pre-owned market for these aircraft is maturing rapidly. Dozens of low-time G7 examples have already traded on the secondary market. Most have sold in a relatively tight range around the new-aircraft price levels – thanks largely to a backlog, but one that appears to have whittled down to some degree. With used G7s not trading at large premiums to the price of a new unit, the adjacent pre-owned segments (G6) have also rationalized to price levels one would expect from normal depreciation.
The gap between G6 and G7 prices is clear. The average price premium buyers are paying for a 2024 pre-owned G7 Turbo over a 2023 G6 Turbo is roughly $250,000. That price difference is significantly more than the delta Cirrus charged for a new 2024 G7 than for a new 2023 G6. Does that mean Cirrus underpriced the G7 upgrades? Maybe, but that may not be the entire story. Remember, many G6 owners unloaded their G6s to take delivery of a new G7. Also, external factors (such as higher interest rates and volatile trade policy announcements) may have restrained buyers of late-model aircraft. Taken together, these dynamics have all led to a large discount for G6s relative to G7s.
The good news? We expect that these factors are fully baked into pricing. We already witnessed a steady decline in G6 pre-owned closing prices over the last few years (deflating the COVID premium), so we do not expect prices to fall any more than normal depreciation would dictate. That said, while we expect the price gap to hold, or even compress as fewer G6 owners dispose of their aircraft to make room for a G7 delivery, the overall price levels will remain sensitive to external factors. Lead times, new order cancelations, product offerings, changing economic and political landscape – these will continue to influence sentiment and pricing across the board, the proverbial tide lifting or lowering all ships.
Imports Are On Holiday
Historically, we have enjoyed a reasonably free flow of airplanes across borders, particularly between the U.S. and Canada. However, recent changes to trade policy have added a layer of complexity for cross-border deals, making it difficult to assess the true cost and risk of an international purchase. Though not a market-wide disrupter, these policies have cooled demand for imported aircraft, reinforcing the appeal of U.S.-based inventory for the foreseeable future.
Expected Broker Words
Are you ready for it? Here’s our typical broker-speak! (But we do actually believe it to be true.)
In general, the Cirrus market remains quite active—particularly for well-equipped, competitively priced airplanes. Buyers continue to place a premium on aircraft with low time, clean history, and a professional, transparent presentation.
For sellers, the key remains simple: price to the market. Aircraft that are realistically priced are selling. Those that cling to yesterday’s numbers are not.
Aerista continues to monitor trends daily, drawing insights from our deep transaction data and market analytics. If you’re considering buying or selling in 2025, let’s talk. The path to a successful transaction starts with an informed strategy and expert execution.