Purchasing a Private Jet

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If I Want to Purchase a Private Jet, What Items Should I Consider?

Purchasing a Private Jet

Purchasing any major asset dictates the development of a knowledge base that allows you to make prudent decisions. Considering the purchase of a private jet involves evaluating factors beyond pure cost issues. Among the items you should consider are the following:

  • History of the aircraft. Compile the history of the luxury jets for sale you may consider for purchase. Ideally, you should be very comfortable with the flight record of an aircraft you might purchase.
  • Credibility of the seller. Whether you consider purchasing a private jet from an individual seller, an air charter company, or aircraft sales organization, credibility of the selling entity is important.
  • Suitability of the aircraft. While most aircraft are well made and perform wonderfully, you should only consider luxury jets for sale that meet your travel criteria. Are most of your trips short or long? Do you need sleeping accommodations or luxurious club seating only? You should be comfortable with the features offered by the aircraft you're considering purchasing.
  • Flight abilities and restrictions. Do you normally take shorter flights and want the ability to land on the runways of local airports or do you often fly coast-to-coast, requiring longer cruising miles and longer landing surfaces? You should be able to enjoy the flexibility of flying where you want, when you want, and without restrictions that might complicate your trips.

Unless you're paying cash for your jet for sale, securing cost friendly financing is always a consideration. As with all major asset purchases, you should be comfortable and confident with your decision. This rule of thumb is never more appropriate than when applied to the purchase of a private jet.

If you do not have the time to do the research needed to become well versed in all aspects of aircraft sales transactions, companies like Blue Star Jets can function as your private broker whether you are a seller or buyer and represent your best interest in the transaction. Remember, as your broker they will get you the best possible deal by knowing the worldwide market for private aircraft on an up-to-date basis at all times, since that is their day-to-day business.

   

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