Jets For Sale – What To Look Out For

Have you seen some jets for sale and are considering whether to buy one? The first thing that comes to your mind perhaps is the price for buying a private jet. There are a large number of planes on the market for sale both new and used. Prices vary depending on what you are looking for. The latest Supersonic jet, which will not be available on the market till 2014, has a price tag of around $80 million. Of course there are not many who want a supersonic jet or want to spend that kind of money just to fly from New York to Paris in 4 hours. Most are looking for something to get them to and from their destination quickly, with the least amount of hassles and in a relaxed stress-free atmosphere.

What is your actual need?

To start with you need to determine what exactly you need, where are you planning on traveling the most, how many passengers, and what amenities you want. These will give you a base point to start working from. Once you are sure of what you want you need to do some research and find out the types and kinds of planes that have the features you are looking for and their average prices. While comparing prices it pays to remember that cheaper does not always mean better. If the private jet price for one is, less than another but it gets less gas mileage you may make up the difference or end up paying more in fuel costs than you would by purchasing the most expensively priced jet.

A number of private jets are currently on the market for sale, both used and new so there are plenty of options available to choose from. Companies are always attempting to get rid of the current inventory to make room for newer models. You can get some jets for as low as $1,500,000 used. The prices of course are dependent on what you want and how large the plane is and what additional options you want the cost of course also changes based on the age of the plane.

If you have enough capital to buy a private jet check the following steps to ensure you make the right choice

a) Analyse costs and benefits

Aviation experts suggest that 300 to 450 hours of flight time per year usually justifies full ownership of a jet. If you do not plan to spend these hours in the skies, you should consider fractional ownership.

b) Determine if there are any hidden costs

A new personal jet can cost anything from $5 million to $50 million. Besides this there are other important costs and necessities such as insurance, fuel, catering, pilots and crew

c) Determine the size and the flying rage

Light jets ($3 million to $8 million) can take 5 to 8 passengers roughly 3500km. Midsize executive jets ($9 million to $16 million) can take up 9 passengers from 3500km to almost 5000km. Large executive jets ($17 million to $45 million) can carry 12 passengers more then 6500km.

After you have properly analysed, understood and considered all the costs, the size and the flying rage, it is time for you to move forward. Now you have figured out what does purchasing such an exotic jet mean after all. The next thing you should do is contact the private jet dealers and ask for aircraft specifications and pricing. You can also look online for private jet dealers, which sell new and used jets, including aircrafts at deep discounts.