Gulfstream G280 Price Guide

The Gulfstream G280 continues to be manufactured today. Buyers seeking a Gulfstream G280 can purchase their aircraft new from the manufacturer, or search AvBuyer for a suitable pre-owned model.

What Effects a Gulfstream G280’s Price?

Those in the market to buy a Gulfstream G280 need to factor the condition and value of an aircraft within the fleet, placing it into the context of the overall fleet. One jet can differ hugely from an apparently similar aircraft for various reasons...

Although a specific Gulfstream G280’s fair market value is something that must be negotiated between the buyer and seller, that agreed price will reflect a variety of factors, including an aircraft’s model year; how it has been equipped and configured (compared to other aircraft within its fleet); how it has been modified or upgraded during its lifetime; and its overall maintenance condition.

When buyers evaluate an aircraft’s maintenance condition, they are advised to account not only for the visible wear and tear on the jet’s interior and exterior but also its proximity to any expensive scheduled or unscheduled overhauls or inspections. Buyers should also consider whether (or not) the aircraft has been enrolled on an hourly maintenance cost program, or whether it remains under warranty.

All these factors and others will have a significant impact on the final sale price that is agreed in a Gulfstream G280 transaction.

Does the Fleet for Sale Number Matter?

Other items that can have an impact on an aircraft’s value on the used market is the percentage of an aircraft’s fleet for sale. Generally, newer aircraft (i.e., those aged below five years) tend to garner more market interest.

This, combined with a relatively small proportion of the fleet being available on the market may give the seller a stronger hand to obtain their desired asking price, particularly when the market is active and healthy.

JETNET lists the number of Gulfstream G280s currently in operation, and when the number of jets on the market are factored in, a buyer can gain insight into the percentage of the fleet currently for sale.

This is important, because traditionally when less than 10% of a fleet of aircraft is for sale, the market is defined as a sellers’ market and sellers have a greater control on eventual sale prices. Once the fleet for sale rises above 10% the opposite is true, and the market is defined as being a buyers’ market.

What Else Should a Buyer Consider?

When assessing whether a Gulfstream G280 is affordable for the budget, buyers need to remember the costs don’t stop at the acquisition of the aircraft. There will be ongoing variable hourly operating costs and fixed hourly operating costs to consider.

How Does the Gulfstream G280 Compare With Other Aircraft?

You can see how the Gulfstream G280 compares against the Bombardier Challenger 350 in our Jets Comparison article here…

• Gulfstream G280 vs Bombardier Challenger 350