Before you embark on the journey into finding one of the private jets for sale, you should consider the following:

·         Flying Hours. A simple exercise in due diligence will proved an analysis of the amount of hours that you or people in your company fly each year. If it is over 400 hours per annum then you will be saving money by purchasing a private jet. The cost of owning a jet will can be offset against the cost that you normally pay to travel business class on a commercial airline. Do not forget to factor for hours that you spend traveling from door to door. You would be surprised at the amount of wasted business hours spent waiting in busy international airports.

 

·         Flying Costs. It takes a certain amount of money to keep a jet in the air every year. The absolute minimum amount that you will be able to spend per year will be about $100 000. The costs of keeping a jet active are the services, to keep them running to the standards of the FAA. The fuel costs can also be expensive and you will have to make sure that the aircraft is fully insured at all times. There is the human cost as well; good pilots do not come cheap and the more sophisticated jets require pilots to have a higher rating, which means you’ll be paying a premium salary. The best way to maintain a jet is through the services of a good aircraft management company, who will manage your single jet or an entire fleet. A jet broker like L & L International will be able to advise you on the best service providers after guiding you through the process of buying a jet.

 

·         Flight Size. In this market, size really does count! A jet that carries between four and eight passengers will cost you in the region of $5 million dollars on average, and they are able to fly up to a range of 2 000 miles. A private jet that carries up to 10 passengers will set you back in the region of $12 million dollars and can fly up to about 3 000 miles. For the larger private and executive business jet, you can expect to pay up to $50 million dollars, but they are able to fly on intercontinental trips and can carry up to eighteen people in comfort.

 

·         Shop around. Do not think you can pick up a jet just anywhere. If you are buying a pre-owned jet from a private dealer, you would be well advised to check it out from every angle and inspect the paperwork very closely. The best way to buy a jet either new or used is to go through a jet broker, so your satisfaction is guaranteed.