Buying A Used Corporate Jet The Wise Way
Do you and the small group of professionals that you hired take frequent business trips in planes? Are you the one who pays the expenses for the trips, and want to start flying within a lower budget? A wise decision to make for your business is to invest in a private jet that can be used for business trips. You can hire a pilot to fly the jet when it is needed, and you can opt for buying one that is used. Before venturing out to purchase a used corporate jet, review the tips that are listed in this article.
1. Know Which Type of Jet to Purchase
There will be a variety of jet types that you can choose between for your business. It is wise to know the exact type of jet that will meet your business needs, such as the number of passengers that it can accommodate. You should also consider how much cargo can be placed in the jet along with the weight of passengers. Consider what you will have to pay to maintain the jet as well, such as the cost to put fuel in the tank, occasional inspections, and insurance. The comfort that the jet can provide to passengers is important as well.
2. Take the Jet on a Test Fly
Buying a used corporate jet is wise when you want one that is within a limited budget. However, you must ensure that the jet is in good shape if you don't want any unpleasant surprises. The engine in the jet is one of the most important things to pay attention to, as it will play a role in the safety of you and your employees in the air. Take the used jets that you consider purchasing on a test fly before making a decision. Taking an aviation mechanic on the test fly with you is the best way to spot possible problems of concern.
3. Make Sure You Will Own the Jet
An important thing to remember when purchasing a used corporate jet is that paying money doesn't automatically make you the owner. Legal documents must be signed before you are officially considered the owner of the jet. The reason why is because there might be terms in the sales contract that only gives you specific rights to the craft. An aircraft title search can be performed before paying for the jet to ensure that you are buying it from the actual owner. Keep in mind that additional documents might also need to be signed depending on the aircraft sales laws in your area.
For more information, contact companies like Aircraft Sales Group LLC.
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