Performance Aircraft Launches Cirrus Aircraft Market Reports
May 2, 2016
May 2, 2016 – Lincoln, Nebr.– Performance Aircraft, a Lincoln, Nebr. based aircraft sales company (www.flyperformance.com), announced today that it has officially launched Aircraft Market Reports for pre-owned Cirrus aircraft, including the SR20, SR22, and SR22T models. According to President and Founder Bill Heckathorn, the new Aircraft Market Reports are part of the company’s strategic vision to help customers easily access the information they need to make confident decisions as they buy and sell aircraft.
The new Aircraft Market Reports allow others to see trends from all the data the company has been collecting on the pre-owned Cirrus market since 2013. Users can see if the market for a specific Cirrus 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. The company’s Market Research Database breaks down the Cirrus markets by generations (G2, G3, etc) and also by options inside each generation, giving a more comprehensive understanding of the Cirrus markets.
“Our goal in launching Aircraft Market Reports is to provide an industry-leading online resource for individuals as they buy and sell aircraft,” Heckathorn said. “We input every Cirrus that comes 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.”
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 SR22 a couple years ago and it was advertised on the market, we could go into our Market Research Database and tell you how long your plane was on the market before you bought it, what all the price changes were, and how many other similar SR22s 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 SR22s 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 Cessna and Cirrus 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 CSIPs regularly provide aircraft acceptance and delivery services as well as Cirrus 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.Read More Market Reports