Diamond DA40 pricing

Any DA40 related topics

Moderators: Rick, Lance Murray

PeterK
2 Diamonds Member
2 Diamonds Member
Posts: 15
Joined: Thu Jul 11, 2019 2:27 pm
First Name: Peter
Aircraft Type: OTHER
Aircraft Registration: NONE
Airports:
Has thanked: 8 times

Diamond DA40 pricing

Post by PeterK »

New to the forum and GA in general. Trying to assess the price of a DA40, new or used. Searching here helped, but also created some confusion: some posts suggest the prices were lower three or four years ago.
Is there a good source/read about DA40 prices?
User avatar
ZAV
3 Diamonds Member
3 Diamonds Member
Posts: 84
Joined: Sun Nov 04, 2018 1:40 am
First Name: Bryan
Aircraft Type: DA40
Aircraft Registration: N387DS
Airports: KLEX
Has thanked: 16 times
Been thanked: 25 times

Re: Diamond DA40 pricing

Post by ZAV »

I just bought mine less than a year ago. I was watching prices for two years. They were slowly creeping up for g1000/GFC700 models. They’ve seemed steady over the course of this year. Overall there has been low supply of used 2008+ DA40’s and a larger number of buyers waiting to find one.
User avatar
YCCA
3 Diamonds Member
3 Diamonds Member
Posts: 96
Joined: Sun Jul 15, 2018 3:44 am
First Name: Jeffrey
Aircraft Type: DA40
Aircraft Registration: N209DS
Airports: B19
Has thanked: 22 times
Been thanked: 11 times

Re: Diamond DA40 pricing

Post by YCCA »

I just bought a 2004, G1000, 600hrs, descent shape, ADSB for 190.5K. The newer ones were way above the 200K mark. Tried to buy a steam gauge version but it just never worked out.. Those seemed to be priced in the 135-165K range, depending on engine hours
User avatar
CFIDave
5 Diamonds Member
5 Diamonds Member
Posts: 2678
Joined: Wed Nov 07, 2012 3:40 pm
First Name: Dave
Aircraft Type: OTHER
Aircraft Registration: N333GX
Airports: KJYO Leesburg VA
Has thanked: 231 times
Been thanked: 1473 times

Re: Diamond DA40 pricing

Post by CFIDave »

DA40s are now appreciating assets.

Prices are up $20K-$40K since 2 years ago as demand exceeds supply of good used aircraft. With our list of interested buyers, most aircraft sell before ever being advertised publicly.

The biggest unmet demand is for 2008+ DA40 XLS models, now selling for more than $300K.
Epic Aircraft E1000 GX
Former DA40XLS, DA42-VI, and DA62 owner
ATP, CFI, CFI-I, MEI
User avatar
AndrewM
4 Diamonds Member
4 Diamonds Member
Posts: 239
Joined: Sun Nov 20, 2016 2:05 pm
First Name: Andrew
Aircraft Type: DA40
Aircraft Registration: N897KC
Airports:
Has thanked: 73 times
Been thanked: 75 times

Re: Diamond DA40 pricing

Post by AndrewM »

I bought my 2008 XLS for $235K and sold it for $285k about 1.5 years ago. I take every opportunity I can to remind my wife of that!
User avatar
Don
4 Diamonds Member
4 Diamonds Member
Posts: 377
Joined: Tue Jul 06, 2010 9:15 pm
First Name: Don
Aircraft Type: DA40
Aircraft Registration: N623DS
Airports: KTOA
Has thanked: 123 times
Been thanked: 162 times

Re: Diamond DA40 pricing

Post by Don »

CFIDave wrote: Mon Jul 29, 2019 2:52 pm DA40s are now appreciating assets.

Prices are up $20K-$40K since 2 years ago as demand exceeds supply of good used aircraft. With our list of interested buyers, most aircraft sell before ever being advertised publicly.

The biggest unmet demand is for 2008+ DA40 XLS models, now selling for more than $300K.
Following the great recession of 2008, there were very few new aircraft built and for a while there, it was questionable if Diamond could even stay afloat. So now there are very few used aircraft in the years mentioned above. When I purchased my 2010 XLS new, the factory did throw in some extra incentives to close the deal as they really needed sales. I doubt that they would do that today.
Diamond Star XLS, N623DS, SN40.1076
User avatar
Don
4 Diamonds Member
4 Diamonds Member
Posts: 377
Joined: Tue Jul 06, 2010 9:15 pm
First Name: Don
Aircraft Type: DA40
Aircraft Registration: N623DS
Airports: KTOA
Has thanked: 123 times
Been thanked: 162 times

Re: Diamond DA40 pricing

Post by Don »

(Just to add to my above post but past editing time). I was considering ordering a 2020 Lycoming DA-40 model and was expecting some type announcement from Diamond at Oshkosh. That did not happen, so it looks like I will be holding on to my present 2010 DA-40 for awhile which means one less XLS on the used market. I am sure others are in the same boat as I.
Diamond Star XLS, N623DS, SN40.1076
User avatar
Ultrapilot1
3 Diamonds Member
3 Diamonds Member
Posts: 118
Joined: Wed Nov 12, 2014 9:19 pm
First Name: Steven
Aircraft Type: DA40
Aircraft Registration: N446SB
Airports: KPIE KTHA
Has thanked: 20 times
Been thanked: 12 times

Re: Diamond DA40 pricing

Post by Ultrapilot1 »

I have a 2005 and just completed a trip to Osh and New England. 27 hrs. of flying, average speed 130 kts. burned 8gph! If I sold, what could I possibly buy that would compete with that? Cirrus at 3 times the price, high maintenance cost not to mention more fuel burn? That's why there is one less DA40 on the market.
PeterK
2 Diamonds Member
2 Diamonds Member
Posts: 15
Joined: Thu Jul 11, 2019 2:27 pm
First Name: Peter
Aircraft Type: OTHER
Aircraft Registration: NONE
Airports:
Has thanked: 8 times

Re: Diamond DA40 pricing

Post by PeterK »

Thanks everyone. Just to humor me, is there a pricing list available for new DA40s?
PeterK
2 Diamonds Member
2 Diamonds Member
Posts: 15
Joined: Thu Jul 11, 2019 2:27 pm
First Name: Peter
Aircraft Type: OTHER
Aircraft Registration: NONE
Airports:
Has thanked: 8 times

Re: Diamond DA40 pricing

Post by PeterK »

Don wrote: Mon Jul 29, 2019 7:03 pm (Just to add to my above post but past editing time). I was considering ordering a 2020 Lycoming DA-40 model and was expecting some type announcement from Diamond at Oshkosh.
What kind of announcement would motivate you to switch to a new DA40?
Post Reply