Buying a private jet is one of the most exciting experiences a person can have. Whether it be for business or personal use, there are a number of reasons to buy a private jet, and it’s not always just about luxury. Owning a jet means you can travel practically anywhere at any time and is essential for those who find themselves globetrotting on a regular basis. It’s also a dream that many people have grown up with, and making it a reality doesn’t have to be nearly as difficult as one might think. When in the market for a private jet, you’ll want to do everything possible to streamline the buying process. Consider the following tips and you shouldn’t run into any unmanageable roadblocks. Determine Your Needs The first thing you’ll want to do before setting out and actually looking for a private jet is determine what your specific needs are. Size is the most important thing to take into consideration here, as private jets are typically available in small, medium and large sizes. Small jets are ideal for carrying 5-8 passengers distances up to 2,000 miles, while medium and large jets hold 9 and 12 passengers or more respectively, travelling up to 4,000 miles total. As one might expect, the larger a jet, the more expensive it will be, and maintenance costs can rise as well. Consider New vs. Used Budget will always hold a great deal of importance when shopping for a jet, and one of the biggest decisions you’ll make is whether to buy new or used. Used jets can, of course, be purchased for less money than their newer counterparts, but federal aviation regulations means certain used planes may require costly updates in order to fly legally. You can always make updating the aircraft part of your offer, however. When you buy a new jet, all of the headaches associated with shopping used go away, yet it can end up costing quite a bit more than the alternative and sometimes requires a waiting period. For those who can afford to buy new, it’s typically considered to be the preferred option between the two. Work with a Broker Perhaps the most important thing to know about shopping for a private jet is that you’ll need a bit of help on your side in order to find the right aircraft for you. As a result, there’s no better way to get the best deal possible and fit than to hire an aircraft broker. Brokers who deal with private aircraft know the industry inside and out, helping to ensure that you end up with the jet that is right for you or your business. Best of all, hiring a broker doesn’t have to be costly as the seller generally pays the fees, and the amount of money you’re likely to save in the end makes the process more than worth your while. Finding the perfect private jet may not happen overnight, but the more prepared you are for the process, the more likely it is that you’ll end up making the right purchase.
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