Responding to a Luxury Private Jet for Sale Ad

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What Are Some Questions I Should Ask If I Respond to a Luxury Private Jet for Sale Ad?

Responding to a Luxury Private Jet for Sale Ad

If you're considering responding to a luxury private jet for sale notice, you should prepare some questions that relate to

  • The private jet aircraft being advertised
  • The company or individual offering the jet for sale
  • The company offering financing and the typical terms that would be involved
You should learn all you can about the history and safety record of luxury jets for sale, just as you would a new automobile, yacht, or real property. If you find inconsistencies or gaps in the verifiable history of the personal jet, you're probably better to walk away from it. Unless you're dealing with one of the top aircraft sales firms or the best air charter companies you should use the ‘Net and other resources, if appropriate, to investigate the aircraft leasing or sales organization offering luxury jets for sale.

Evaluate financing companies and options just as you would when financing any asset. Get solid quotes on terms, including interest rate, repayment periods, monthly payments, down payments, etc. before making any commitments. Along with requesting blank copies of notes, disclosures, and riders that may be involved, ask for firm quotes, in writing, of financing terms (subject to credit investigation and the seller acceptance of your offer).

   

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