The Pros And Cons Of Buying Used Corporate Jets

Posted on: 14 November 2017

If you spend a lot of money flying your employees around on commercial planes, you may be thinking about investing in a corporate jet. This allows your employees to get where they need to go on their own timetable and without having to fly commercially. When you are looking to make a purchase, you may find yourself torn between new and used corporate jets. Learning the pros and cons can help you determine which is the better option for you. Here are a few of the pros and cons of buying used corporate jets:

The Cons of Buying Used Corporate Jets

  • Older Planes Use More Fuel

One of the biggest downsides to a used corporate jet is that newer jets are more fuel efficient and use less fuel than older jets. You can buy corporate jets that are decades old. The farther back in model year you go, the more you can expect to pay in fuel costs each time you use the plane. Newer planes are more efficient and will save you money on fuel costs. 

  • Older Planes Have Louder Engines

The other main difference between newer jets and older jets is the engine noise. Newer jets have been designed to have quieter engines. If your employees are looking to sleep or work on a plane, having a quieter engine is a benefit. Always go for a test ride on a corporate jet you are considering buying and ask yourself if the engine noise bothers you. If it does, a newer jet may be better for you. 

The Pros of Buying Used Corporate Jets

  • The Cost

The biggest advantage to buying a used corporate jet is the price. Used jets are cheaper than new jets. If you are on a budget, you may be able to afford a used jet, but not a new jet. Always determine how much money you are willing to spend on the jet and then look to see if new or used jets fit within your budget. 

  • The Plane is Just as Fast

The other benefit to buying a used corporate jet is that used jets are just as fast as new jets. While the fuel efficiency and engine noise have changed in newer jets, their speed has not significantly changed since the 80s. As such, a used jet will get you to your location just as quickly as a new one. 

Both new and used corporate jets have to pass the same inspection process before they are allowed to fly and take to the air. As such, they are both equally as safe. Taking the time to learn the pros and cons will help you determine which is the better option for you, based primarily on purchase price and gas prices. Contact a company like Aircraft Sales Group LLC for more information.