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Certified PreOwned Aircraft: Price-Setting Revisited

Its important for manufacturers and dealers to understand and support the used market because it affects the credibility of the brand. In Mooney Aircrafts case, if an individual wants to purchase an aircraft, but cant justify (or cant afford) a brand-new one, a range of pre-owned choices still keep buyers in the Mooney family.

The January 2016 issue of Aviation Consumer included an excellent overview on the merits of manufacturer-sponsored certified preowned (CPO) aircraft sales programs. While this growing market trend is attracting a great deal of buyer interest (especially for Mooney models), there is still some confusion on how resale pricing is determined, how much more buyers will pay for these top-of-the-food-chain machines and whether that increment is really worth it.

In this short follow-up, I’ll offer an insider’s perspective on how we—a CPO Mooney dealer—determine what you’ll really pay and why there might be sizable discrepancies with pricing publications.