Interested in purchasing a Private Jet? Please see FAQ below

 A private jet’s price and its valuation depend on a host of factors, including the age and maintenance condition of the aircraft, the interior configuration, engines, and avionics suite, as well as the age, size, manufacturer, and model of the jet. An older cargo jet can run as little as $100,000 in price, while a modern ultra-long-range private jet capable of flying around the world at nearly the speed of sound can run more than $500 million. Market conditions can also influence the cost to buy a private jet. For instance, after the global supply shortage following the first year of the COVID-19 pandemic, private jet prices for used aircraft in many cases appreciated, a historic rarity for mechanical equipment. 

 Among the most critical things to consider when considering what private jet to buy is the range of the aircraft, its takeoff and landing capabilities, the jet’s interior configuration and its payload. If you’re looking to fly between specific city-pairs, the range of the aircraft will help you narrow down your search to a jet that can efficiently make the trip, while its take off and landing requirements help ensure the plane can fly into and out of the respective airports. Concerns about luggage and passenger capabilities can be answered by researching the max payload of a private jet, as well as its interior configuration, which gives you an understanding of how the passengers of a private jet can utilize its interior space during flight. So which private jets provide the longest range and heaviest payloads? Some of the Boeing Business Jets can cover upwards of 11,000 nautical miles; private jets in the Bombardier Global series can cover more than 7,500 nautical miles, a distance that the Gulfstream G650ER can also reach, while larger offerings from Dassault Falcon Jet such as the 8X have a range exceeding 6,400 nm. 

 The cheapest new private jet on the market is the Cirrus Vision Jet, with a price point starting around $2 million. Other very light jets, including the HondaJet HA-420, the Embraer Phenom 100, the Eclipse 500 and Cessna Citation Mustang can cost less than $5 million. For older-model aircraft, some earlier Learjets still in operation have sold for $200,000 and under. 

 There are many things to consider when starting the process of buying an aircraft, everything from the conditions of the market to the conditions of a plane. Legal concerns, tax concerns, maintenance concerns, any liens against the aircraft or financial concerns. The best place to start to help alleviate all those matters is by working with an expert in the industry. Just as you would not buy a house or property without a real estate broker, you should not buy a private jet without a jet broker. Each of the reputable aircraft brokers and brokerages that list planes with our Elite Jetz brokers are happy to help you with the process.

 In addition to the cost of purchasing a private jet, an aircraft owner also needs to consider the cost of keeping the plane in the sky. Operating costs for a private jet include everything from maintenance plans and repairs to storing the jet, keeping it fueled, and paying for flight staff. This can be done through a management company handing aircraft operations or a corporate flight department, among other options, depending on your scope or your need. These costs can range widely and run into the hundreds of thousands of dollars per year. While you can consult with experts, including your aircraft broker, about what operating costs will run on a specific private jet model, this should be discussed within the research phase of planning your private jet purchase and be determined as you move closer to choosing the best private jet for sale for you. 

 The cost of Jet A to fuel private jets and turbine aircraft can fluctuate between different regions of the company and is generally based off the price of crude oil. GlobalAir.com tracks aircraft fuel prices at airports around the country and is considered the most up-to-date source for aircraft fuel prices.