How Much Does a Private Jet Cost To Buy?

How Much Does a Private Jet Cost To Buy?

Have you ever asked yourself how much it costs to buy a private jet? The answer is it’s either going to be a lot more or a lot less than you thought.

How much does a used cheap private aircraft cost?

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You might be surprised that you could get a used King Air C90 for under $400 000 however at that price it probably has fairly high hours and could use a good overhaul. A King Air is a turboprop which you may or may not consider a “jet”. If you want a cheap used private jet such as a Cessna Citation Mustang you will be looking at just under $1 million, and again it could probably use some work.

How expensive can private jets get?

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How expensive a private jet can get very much so depends on what you would consider a private jet. Some people have converted old Boeing 747’s into their own private jet mansion! However I think we will keep the subject more towards a private aircraft that can get in and out of most airports around the world. A brand new Gulfstream G650 will set you back over $60 million. I personally wouldn’t buy an aircraft that expensive unless I was a billionaire but hey, some people love to just ride in style. If you are looking for something in a little bit more of a realistic price range, the next best thing (in my opinion) would be the Bombardier Challenger 604 coming in at around $25 million. If anything I would say that the Challenger looks much better and seems to be more spacious.

Where do you buy or sell a private jet?

A great place to buy a private jet would be Executive Controller private jet sales as they have free postings for both buy and sell ads. There is a large selection and they also have magazines that get sent to airports around the world that people look through everyday. I have spent many days and hours looking through their magazines. Even if you aren’t buying or selling it sure does pass the time buy! If you can’t find what you want, or don’t get the services you want, you could always look through a broker, just keep in mind that you would be paying them a pretty penny to find what you want.

If you are interested in the price to charter a private jet please see our How Much Does It Cost To Hire A Private Jet article.

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