Do you want to own a private jet that will make your frequent movement a lot easier and more comfortable? Then scroll through because you are in the right place. If you are sick of renting or chartering a jet every time you need to travel for business, you should find out the private jet cost first before you proceed to purchase one. Frankly speaking, it is known that the private jet cost is very high and expensive but it is worth it. Furthermore, there are different and various types of private jets ranging in their model, size, and even features.
But just like cars, to purchase one, you have to be sure and certain that you can handle and maintain it after purchase. Moreover, if you feel like a brand-new jet is too expensive, you can choose to buy a second-hand one. Even though there are different types of jets, I will still be letting you in all the relevant information you will need to buy one that is perfect.
What Is A Private Jet Cost?
As mentioned earlier, the cost of purchasing or buying a private jet differs. This is because of its features, cabin capacity, maker, range customization, interior and exterior structure, model, engine type, and many more. However, the price of a brand-new jet is around $3,000,000 – $660,000,000.
But if you want to make the right choice when picking a private jet to buy, this table will guide you:
|№ OF PASSENGERS/ CLIENTS
|Heavy Business Jets
|Not least than 10 clients
|$27, 000,000- $39, 000,000
|Very Light Jets
|$1,500,000 – $5, 500,000
|Ultra-Long Range Heavy Jets
|$900,000 – $6,000,000
|Super Mid Jets
|Up to 10 Clients
|$5,400,000 – $26,700,000
|Midsize Business Jets
|$ 9,900,000 – $20,000,000
How Much Does A Used Private Jet Cost?
The price or cost of a used private jet is less expensive than a brand-new one. But if you are curious about how much money you need to purchase one, the average cost is approximately $14,000,000.
What Is The Amount Required To Rent A Private Jet?
I am pretty sure that you are aware that the price of renting is quite different from buying one. So, if you are making plans to charter an airplane for yourself, this will cost you around $1,200 and $12,000 hourly.
What Does it Cost to Maintain it?
The maintenance cost of a private jet is very expensive and it is one thing that you should be prepared for when you buy one. But Fuel is one of the most expensive maintaining agents for these aircraft.
But apart from all of these, you will also need to consider hiring staff and workers as well as its storage. In other words, you will have to take care of the hanger where it will be parked when it is not in use. So, summing things up, the typical and normal cost of maintenance is within the range of $500,000 to $1,000,000 every year. However, keep in mind that this amount can also differ depending on the model of your jet.