By Chris Reynolds, ASA | Aircraft Bluebook

Aircraft Bluebook At-a-Glance has reviewed the current market status of the Embraer Phenom 300 business jet. Research for this study was obtained in part from Aircraft Bluebook, Aircraft Bluebook’s Historical Value Reference, the FAA’s registry website and various trade services.

Values of the 2010 Embraer Phenom 300. Sources: Aircraft Bluebook and Historical Value Reference.

Demand

The Phenom 300 fleet is approximately 280 aircraft. At the time of this writing, approximately 11 Phenom 300s, representing approximately 4 percent of the fleet, were reported for sale. During the last year, approximately 10 to 15 sales appear to have occurred. Presently, average time on market is approximately 180 to 200 days.

Pricing

Current offerings for the Phenom 300 model years range from mid-$4 million to $9 million. Airframe time varies from several hundred hours to greater than 3,500 hours, depending on the year-model. Equipment, time/condition and engine maintenance programs can significantly affect time on market and marketable value (Aircraft Bluebook prices the Phenom 300 enrolled on Pratt & Whitney’s engine maintenance plan). For the fall 2015 Aircraft Bluebook, a 2010 Embraer Phenom 300 had a reported average retail value of $6.8 million, which was unchanged from the previous quarter’s average retail value.

Residual Values

A 2010 Embraer Phenom 300, whose market values have been tracked since the second quarter of 2010, was reported new with an average equipped price of $8.14 million. Aircraft Bluebook’s Historical Value Reference has demonstrated the Embraer Phenom 300 market value (performance by quarter) in the graph for this 2010 model.

Other historical values can be obtained at Aircraft Bluebook’s website, www.aircraftbluebook.com.

Values of the 2010 model-year Embraer Phenom 300. Sources: Aircraft Bluebook and Historical Value Reference.