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The market on early (older than 20 years old) Baron 58s cratered 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 its 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, albeit very gradually. 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 the older King Air C90s. 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. Activity has been strong and prices relatively steady, considering the normal, newer-airplane depreciation curve. Today’s buyer should expect to pay north of $850,000 for a typical 2012 G58.
|Current For-Sale Inventory||114||31|
|Percent of Fleet for Sale (Current)||6.2%||9.3%|
|Pre-Owned Transactions (Q4 2016)||26||8|
|Average Days on Market*||481||281|
|New Deliveries (Q4 2016)||-||3|
*For Aircraft Sold in Recent Quarter. Does not include “Off Market” sold aircraft.