Buy new private jet

The luxury of owning a private jet! Here's a step-by-step guide to help you buy a new private jet:

1. Determine your needs and budget

• How often will you use the jet?
• How many passengers will you typically carry?
• What is your budget for the purchase, maintenance, and operating costs?
• Do you have a preferred aircraft type or manufacturer?

2. Research and shortlist aircraft

• Look into different types of private jets, such as:
  • Light jets (4-6 seats): e.g., Cessna Citation Mustang, Phenom 100
  • Midsize jets (6-8 seats): e.g., Cessna Citation XLS, Hawker 850XP
  • Super midsize jets (8-10 seats): e.g., Gulfstream G200, Falcon 2000EX
  • Large jets (10-16 seats): e.g., Gulfstream G450, Falcon 7X
• Research manufacturers, such as:
  • Bombardier (Global, Challenger, Learjet)
  • Cessna (Citation, Mustang)
  • Dassault (Falcon)
  • Embraer (Legacy, Phenom)
  • Gulfstream (Gulfstream)
• Consider factors like range, speed, cabin size, and amenities

3. Check availability and pricing

• Contact aircraft dealers, brokers, or manufacturers to inquire about availability and pricing
• Check online marketplaces, such as:
  • JetNet
  • AvBuyer
  • Controller
• Get quotes from multiple sources to compare prices and find the best deal

4. Inspect and test fly the aircraft

• Once you've shortlisted a few aircraft, schedule test flights to experience the aircraft firsthand
• Inspect the aircraft for any damage or wear and tear
• Check the aircraft's maintenance records and history

5. Negotiate the purchase

• Use the research and test flights to negotiate the price
• Consider factors like:
  • Trade-ins or upgrades
  • Financing options
  • Maintenance and support packages
  • Warranty and insurance options

6. Close the deal

• Once you've agreed on the price and terms, finalize the purchase
• Complete any necessary paperwork, such as:
  • Bill of sale
  • Title transfer
  • Registration
• Transfer the funds and take possession of the aircraft

7. Plan for ongoing costs and maintenance

• Budget for ongoing expenses, such as:
  • Fuel
  • Maintenance
  • Insurance
  • Pilot training and salaries (if you plan to hire a pilot)
• Consider hiring a management company to handle maintenance, insurance, and other logistical tasks

Additional tips

• Consider hiring a private jet broker or consultant to help you navigate the process
• Be prepared to spend time and money on inspections, test flights, and negotiations
• Don't rush into a purchase – take your time to research and find the right aircraft for your needs and budget

Remember, buying a private jet is a significant investment, and it's essential to do your due diligence to ensure you find the right aircraft for your needs and budget.