Spring 2017 Beechcraft Baron 58/G58 Markets Update

Market Overview

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The market on early (older than 20 years old) Baron 58s crumbled with the economy in the late 2000s. It seemed like every other serial number was for sale and there were few buyers. Since that time, the Baron market has recovered in the same manner as the economy: very slowly, but steadily. Inventory levels have continued to decrease, and while values have not increased, they have stabilized for the most part. Values on these older 58s are almost exclusively a function of condition and level of upgrades. One can expect to pay around $60,000 for an old "dog" to high $300Ks for a typical late 1980s to early 1990s vintage 58.

The later model 58s (1996-2005) are sought after “move-up” airplanes by individuals and companies looking to upgrade from their piston singles. The Baron is considered by most an all-weather light twin, so their appeal is clear. The good aircraft in this category are quick to sell and bring good money. If you’re a buyer, you must move quickly when a well-equipped, well-priced 58 hits the market. Values for a typical early 2000s 58 range from mid-$300Ks to to mid-$500Ks.

The G58 market has changed significantly with rather dramatic increases in inventory levels and prices still slipping lower, at what seems to be an accelerating pace. The chart on the G58s is pretty dramatic. These are great airplanes and there is virtually no competition in the late-model, piston-twin category, so we believe the increases in availability and dropping prices may be, in large part, due to owners moving out of the category and into turbine singles, or perhaps into King Air C90GT, GTi & GTx’s. If you’re considering a G58, it’s a great time to buy. If you’re selling, you must be “on point” with your pricing, and make sure your cosmetics are sharp and your maintenance up-to-date. As with the King Airs, ADS-B is becoming a “must have” for buyers.

These are still the go-to aircraft for many people moving up from their Garmin G1000-equipped Cessnas, Cirrus, Diamonds, or G36 Bonanzas. There have been product improvement cycles; in 2008, WAAS came standard, and in 2012, new interior and Climate Control Systems. These improvements create price breaks at those levels. Today’s buyer should expect to pay north of $850,000 for a typical 2012 G58.

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Baron 58 Values & Inventory Levels

Baron 58 Average Value (2000 Year Model)
% of Fleet for Sale

Baron G58 Values & Inventory Levels

Baron G58 Average Value (2010 Year Model)
% of Fleet for Sale

Beechcraft Baron 58 Series Market

Current For-Sale Inventory11334
Total Fleet1,818339
Percent of Fleet for Sale (Current)6.2%10.0%
Pre-Owned Transactions (Q1 2017)255
Average Days on Market*231125
New Deliveries (Q1 2017)-1

*For Aircraft Sold in Recent Quarter. Does not include “Off Market” sold aircraft.

Baron 58 Series Baron Historic Pre-Owned Transactions

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