market UPDATE
Over the past year, inventory in the Caravan 208 market has gradually increased, with available inventory up six aircraft over last year. This increase reflects a broader market normalization following demand in prior periods. As you would expect in this environment, pricing has adapted modestly, with average values down about 1% over the past 12 months. Despite the increase in inventory, Caravan 208's are continuing to transact at a steady pace. Days on market have lengthened slightly, up about 37% from last year, which aligns with buyers taking a bit more time as they evaluate options. Over the past 12 months, there have been 35 retail sales, with three of them occurring in December. Four additional Caravan 208's have transacted since the beginning of 2026. Recent sales span a wide range of model years from 2000 to 2025, highlighting continued buyer interest across multiple vintages. Based on the recent supply and demand trends, there's currently about eight months of inventory on the market for sale, indicating a balanced market environment. In summary, this remains a strong market. The Caravan 208 benefits from ongoing production, strong OEM support, and exceptional versatility. Supply and demand are balanced in an alignment. Overall, I'd categorize the Caravan 208 market as a seller's market and give it a B-demand rating.
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