Gulfstream’s 100th G700 delivery doubles as its 100th speed record

Gulfstream announced on June 10 that its G700 hit two milestones at once. The company delivered its 100th G700 the same day the aircraft set its 100th city-pair speed record. This delivery pace and the growing G700 fleet brings up the question: should buyers just wait to purchase a G700 instead of an older Gulfstream model?Two records on the delivery run
The aircraft flew from Savannah, Georgia, to San Jose, California, in 4 hours and 36 minutes at an average cruise speed of Mach 0.91, setting its 100th city-pair speed record. It then flew from San Jose to Teterboro, New Jersey, in 4 hours and 14 minutes, also at Mach 0.91, a record-setting run in its own right. The G700 can typically fly 7,750 nm at Mach 0.85 and 6,650 nm at Mach 0.90.
What the 100th customer bought
The G700’s cabin is 56 ft, 11 in long, 8 ft, 2 in wide and 6 ft, 3 in tall, for a cabin volume of 2,603 cubic feet. It can hold up to 19 passengers and can be configured with sleeping arrangements for 13. The cabin has 20 large oval windows and a circadian lighting system, along with the proportions of a small corporate suite, because that is exactly how the design team approached it.
It also has a plasma-ionization air purification system and a low cabin altitude. Up front, the Symmetry Flight Deck carries Gulfstream’s Predictive Landing Performance System and a dual head-up display featuring the new Combined Vision System (CVS), which unites the Enhanced Flight Vision System (EFVS) and Synthetic Vision System (SVS) in a single image, increasing pilot situational awareness and opening access to more airports. Customers can choose from multiple interior options, including internet connectivity packages or a grand suite featuring a fixed bed and shower.
How the G700 affects the pre-owned market
Every G700 delivered puts pressure on the pre-owned market, specifically the pre-owned G650 and G650ER which will seem less desirable compared to the newer jet. That puts a time limit on brokers to sell their G650 inventory or drop the price significantly, especially with the G800 starting to enter the scene.
For buyers, the choice is less about model than timing. A G650ER bought today still does most of what a G700 does at a steep discount, but its resale floor softens with every airframe that rolls out of Savannah. Waiting for a pre-owned G700 carries its own catch: the first examples will trade at near-new premiums, and by the time they don’t, the G800 will be applying the same pressure to the G700. In this segment, depreciation doesn’t quite trickle down. It gets delivered with the next new model.