Market Reports

Expanded Aircraft Market Reports for Cessna and Cirrus Aircraft

July 14, 2016

Cessna Market ReportsJuly 14, 2016 – Lincoln, Nebr.–Performance Aircraft, a Lincoln, Nebr. based aircraft sales company (www.flyperformance.com), announced today that they have expanded their Aircraft Market Reports to include late model Cessna single engine piston aircraft, including the 172R and 172S Skyhawk, 182S and 182T Skylane, Turbo 182T Skylane, 206H Stationair, Turbo 206H Stationair, and Cessna 400 models. The new Cessna Market Reports are the latest addition to the company’s Quarterly Market Reports that also include all Cirrus Aircraft models.

According to President and Founder Bill Heckathorn, the expanded Aircraft Market Reports provide customers more of the information they need to make confident decisions. “We are excited to see how these reports help people make better informed decisions about buying and selling,” Heckathorn said. “Last quarter, we launched reports on Cirrus Aircraft and have received a tremendous amount of positive feedback so far.”

The Aircraft Market Reports allow others to see trends from all the data the company has been collecting on the pre-owned Cessna and Cirrus markets since 2013. Users can see if the market for a specific model is filling up or emptying out, how long aircraft are staying on the market on average, pricing trends, live stats (updated weekly), and more. “We input every one of these late model aircraft as they come on and off the market into our exclusive Market Research Database, so we have a vast amount of rich data to help us report objectively on these markets,” Heckathorn stated.

Performance Aircraft originally built its exclusive Market Research Database after the last recession, starting with the pre-owned Cessna markets. At that time, many aircraft buyers were convinced the market was going to get worse, while sellers felt that the market was recovering. When the economy started to improve and stabilize, very little information was available to inform buyers and sellers on the aircraft markets. Even during a stable market, aircraft appraisal software is helpful, but lacks accuracy. Without a government agency collecting actual sale prices, the book values indicated by appraisal software are based on sale prices reported voluntarily by sellers. Most experts see book values as a good benchmark, while agreeing that more leading indicators on the piston aircraft markets are needed.

“If you bought a pre-owned Cessna 182T a couple years ago and it was advertised on the market, we can go into our Market Research Database and tell you a variety of very specific details, including how long your plane was on the market, what all the price changes were, and how many other similar 182Ts were on the market at the same time as yours,” Heckathorn stated. “And if you are thinking of selling that same plane today, you can now see a variety of useful information, including how many 182Ts like yours have been on market in the last 90 days, average ask prices, average aircraft times, and more.”

About Performance Aircraft

Performance Aircraft sells quality, owner-flown aircraft nationwide, specializing in late model piston aircraft. In addition to aircraft sales, the company also has one of the largest and most successful flight training centers in the Midwest. With a fleet of modern aircraft and a team of full-time flight instructors, including two Cirrus Certified Instructor Pilots (CSIPs), Performance Aircraft offers professional flight training to meet a variety of goals. The company’s pilots regularly provide aircraft acceptance and delivery services as well as transition training for new Cirrus owners across the United States. Visit Performance Aircraft’s website at www.flyperformance.com or contact their Aircraft Sales team at 402.475.6000 to learn more.

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