: Determine your typical flight distance, passenger count, and required runway performance.
: Account for both the upfront purchase price and the massive annual recurring costs, which often range from $500,000 to $4 million for jets. 2. Assemble Your Acquisition Team buy your own plane
Before looking at listings, define how you will actually use the aircraft. : Determine your typical flight distance, passenger count,
Standard practice involves hiring specialized advisors to protect your interests. : Determine your typical flight distance
Buying your own plane is more like launching a small business than buying a car. It requires assembling a team of experts to navigate a complex landscape of legal, technical, and financial hurdles. 1. Define the Mission