2023 Diamond DA40 NG
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Turn-key DiamondShare DA40 NG. A 2023 Diamond DA40 NG with three vetted DiamondShare members already in place, paying fixed monthly lease payments. The transferable KRDU hangar lease, signed member agreements, and full LSA program management all transfer to the new owner at closing. 320 total hours. Immaculate.
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Key Features
Basic Information
Aircraft Information
| Manufacturer | Diamond |
| Model | DA40 NG |
| Year | 2023 |
| Registration | N642DZ |
| Serial Number | 40.NC283 |
Maintenance Status
| Total Time | 320.0 Hours |
| Last Annual | -- |
| Warranty Status | expired |
Technical Specifications
| Fuel Type | jet-a |
| Seats | 4 |
| Location | KRDU |
| Useful Load | -- |
Technical Details & Equipment
Overview
A turn-key ownership opportunity — not just an aircraft, a working revenue program with a like-new airframe attached. This 2023 Diamond DA40 NG has been operating under the DiamondShare® program since December 2023 with three tenured members on fixed monthly lease payments. The aircraft, the members, the KRDU hangar, and the operating structure all transfer at closing. Day one after the sale, the monthly checks continue.
What transfers at closing
- The aircraft — 2023 Diamond DA40 NG · Serial 40.NC283 · 320 total hours · immaculately maintained under professional supervision
- Three active DiamondShare members under signed one-year agreements, paying fixed monthly lease payments
- Transferable KRDU hangar lease — $698/month, below market for the Raleigh-Durham region
- LSA program management — member vetting, scheduling, contract administration, insurance coordination, accounting
- Best Tug electric ground-handling tug, aircraft cover, tow bar, and all support equipment
The DiamondShare program
DiamondShare® is a structured dry-lease access program developed and operated by LifeStyle Aviation. A single owner holds the aircraft; 1–3 members lease access under fixed monthly payments for a one-year term. This is not fractional ownership, and it is not a flying club — it is a tested, repeatable revenue model. N642DZ has 30+ months of validated revenue under the same program structure with a stable member base.
Why this listing is different
Most aircraft listings sell metal. This one transfers a working business with a like-new DA40 NG attached. The members are tenured. The aircraft has been operated gently — roughly 120 hours per year — under professional oversight and maintained meticulously. There is no transition gap, no member recruitment to fund, and no hangar search at the destination.
Tax treatment
Owner-operated business aircraft in a documented revenue program is among the most defensible tax positions in general aviation. At 100% qualified business use, the federal tax flow-through can substantially exceed every cash-flow line in the deal. Detailed pro forma available to qualified buyers under NDA. Consult your tax advisor for current treatment under 2026 law.
Due diligence package
Detailed financial pro forma, anonymized member profiles (tenure, profession category, YTD hours), full equipment list, maintenance records, hangar lease documentation, and the complete 49-image gallery are available to qualified buyers under NDA. Contact a LifeStyle Aviation counselor to begin.
Airframe
- 2023 Diamond DA40 NG — Serial 40.NC283
- Composite airframe — corrosion-immune, low long-term cost of ownership
- 320 total hours since new
- ~120 hours/year average utilization
- Professional supervision throughout
- Diamond factory paint, immaculate condition
Avionics
Standard Avionics
Integrated Garmin G1000 NXi Glass Panel Cockpit including:
- 2x Garmin GDU 105x 10-Inch Flight Display (PFD and MFD)
- Garmin GEA 71B Airframe/Engine Interface Unit
- 2x Garmin GIA 64 W COM/NAV/SBAS-GPS/GS/LOC
- Garmin GMA 1360 Digital Audio System
- Garmin GRS 79 Attitude Heading Reference System
- Garmin GDC 72 Digital Air Data Computer
- Garmin GMU 44 Magnetometer
- Garmin GTX 335R Remote ADS-B Out Transponder
- Garmin FliteCharts Approach Plates (Subscription required)
- Garmin Flight Stream 510
- ELT 406 MHz
- Standby Instruments
- Compass
- Attitude Indicator
- Air Speed Indicator (kts)
- Altimeter (ft)
- Garmin G1000 NXi integrated flight deck
- Dual GIA63W IFR-approved GPS/Nav/Coms
- GFC 700 digital autopilot
- GTX 33ES Mode S transponder with ADS-B Out
- Synthetic Vision Technology (SVT)
- WAAS / LPV approach capable
- Garmin SafeTaxi
- Active traffic and weather
- Standby attitude indicator
- Garmin GMA 1347 audio panel
Props
Standard Propeller
- MT Propeller MTV-6-R/190-69 3-Blade Constant Speed Propeller
Engines
- Austro Engine AE 300 — 168 hp FADEC turbo-diesel
- Burns Jet-A — fuel cost advantage over avgas
- Single-lever FADEC engine management
- 320 hours since new (engine matches airframe time)
- MT three-blade composite propeller
Installed Engines
| Location | Manufacturer | Model | Serial Number | TTSN | TSOH | TBO |
|---|---|---|---|---|---|---|
| N/A | Austro Engine | E4-A | E4-A-06714 | hrs | hrs | hrs |
Interior
Standard Interior Equipment
- Panoramic Tall Tinted Canopy
- Beige Perforated Leather Ergonomic Seats for Pilot and Co-pilot
- Hydrolok Adjustable Backrest for Pilot and Co-pilot
- Rear 2-Seat Bench for Passengers
- Dark Grey Premium Carpet
- Light Grey Leather Headliners
- Instrument Lighting
- Overhead Cabin Light
- Baggage Extension with Separate Compartment
- Cargo Net with Quick Release Ends
- Two USB Charging Ports for Pilot and Co-pilot
- Dual Pin and Bose 6-Pin LEMO Audio Plugs for Pilot and Co-pilot
- Bose 6-Pin LEMO Audio Plugs for Passengers
- Manually Adjustable Rudder Pedals
- 4-seat leather interior, Diamond factory configuration
- Garmin GMA 1347 audio panel
- Heated pitot
- Pilot-side fresh-air vent
Exterior
Standard Exterior Equipment
- High-gloss Multilayer White Paint
- Variety of Exterior Striping
- Electrically Operated Flap System
- LED Landing and Taxi Lights
- LED Position and Strobe Lights
- Beringer Wheels and Brakes
- Diamond factory paint — white with blue, black, and silver vinyl chevron stripes
- Cleveland wheels and brakes
- LED landing, taxi, and recognition lights
Additional Equipment
Ground Support and Auxiliary Equipment Package
- Tow Bar
- Pitot Cover
- Control Gust Lock
- First Aid Kit
- Winter Kit Emergency
- Emergency Egress Axe.
- Aircraft Flight Manual
- Fire Extinguisher
Safety Features
- Composite Cabin and Safety Seats (Up to 26g)
- “FAILSAFE” Airframe and Wing Design
- Multilayer Lightning Protection System
- 3-Point Safety Belts (All seats)
Standard Fuel Tank
- 39 US gal (147 litre) Long Range Fuel Tank
Additional Features
- Two USB Charging Ports
- Heated Pitot Tube
- Garmin Pilot IFR Premium (1 year free subscription)
- Wheel Fairings on Main and Nose Landing Gear
- Noise Reduction Muffler
- Best Tug — electric ground-handling tug (smaller single-engine model), retail $4,500–$6,000 new
- Transferable KRDU hangar lease at $698/month, below-market
- Aircraft cover
- Tow bar
- Three active DiamondShare member agreements (signed, one-year terms)
- Complete operating documentation and program transfer package
Installed Options
| Option | Description | Price |
|---|---|---|
| GFC700 |
Garmin GFC 700 Automatic Flight Control System |
$ 37,500.00 |
| GTX345R |
Garmin GTX 345R ADS-B “In”/”Out” Mode S Transponder |
$ 6,500.00 |
| Garmin Synthetic Vision Technology |
Garmin Synthetic Vision Technology |
$ 14,500.00 |
| Air |
Air Conditioning/RACC System |
$ 36,750.00 |
| Pedals |
Electrically Operated Adjustable Rudder Pedals for Pilot and Co-pilot |
$ 8,200.00 |
| Total Options: | $103,450.00 | |
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