Guidelines In Buying A Private Jet

Guidelines In Buying A Private Jet



Guidelines in​ buying a​ Private Jet
If you are planning to​ buy is​ Private Jet for Personal use of​ Business there are several consideration to​ keep in​ mind before making the final decision .​
In this article I​ would be covering those few key elements which can help you make the right and positive judgment .​
This article will help you realize the true cost and benefit of​ the purchase of​ that Private Jet.
Be Specific in​ definition of​ your requirements:
You need to​ be very specific in​ determining how many hour you or​ the employees of​ your company fly each year .​
The standard is​ if​ you fly more then 300 hours per year then you need to​ consider a​ Corporate Jet which will be able to​ effectively full fill your travel requirements .​
On the contrary if​ you are flying less then 300 hours per year then you shouldn’t go for Purchasing the Jet .​
An alternative to​ this is​ Partial ownership .​
You could very easily avoid many of​ the costs of​ becoming 100% of​ a​ Jet .​
If the need is​ not substantial then no need to​ pay thousands if​ not millions of​ extra dollars which could be easily saved .​
Other factors need proper consideration too like insurance fees, fuel costs, food, charges of​ hanger etc .​
although you can have other companies take care of​ all that for you .​
However, that will be against a​ huge sum of​ money .​
Then you need to​ look into the travel needs in​ terms of​ how many people would be flying at​ the same time .​
If at​ any point more then 10 people are going to​ fly then you should look for Executive Jet with capacity of​ more then 12 people .​
The price ranges from $ 6 Million to​ $ 16 Million .​
Once the decision to​ purchase a​ Private Jet is​ finalized then you need to​ start shopping for various options .​
No matter how good a​ company is​ or​ how good the offer sounds it​ never hurts to​ weigh various options .​
Once you have located a​ private Jet that full fills your requirements and needs then you need to​ get that checked by specialists and negotiate on prices .​
If you can manage to​ find a​ good broker or​ agent he can help you save quite a​ lot of​ money.




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