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Not sure if you should purchase or lease of a private jet? There is one factor that can help you make the most cost-effective decision. Calculate the number of hours you plan on using the jet per year. If you aren't anticipating more than 400 flying hours a year, leasing may be the more cost-effective solution for you. Unless you are investing in a brand new private jet for sale, chances are you will have to also invest in required maintenance, upgrades, or repairs soon after your purchase excluding routine work which may be required after each flight. If your flying needs outweigh those additional investments, buying a private jet is for you.
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