As chauffeurs of Mercedes, BMWs, and other luxury cars know, sometimes hire makes more sagacity than buying. As an aircraft agent distributing in enigmatic plane sales, our company has clients driving leased cars, and over the years several have asked about the prudence of renting a secretive plane instead of buying one. The article takes us through Leasing versus buying a private jet van nuys.
Financial Considerations: Air charter and plane cards are great ways to enjoy the benefits of secluded travel. But once you reach a certain level of aircraft usage, typically above 200 hours of flight time per year it can cost less to buy and use your plane than fly those same number hours chartering, using a plane card, of even through fractional plane ownership.
With sole ownership, you are of course fully responsible for the initial purchase price, licensing, regular registration fees. Owning a secluded aircraft might be a dream of yours, but if you're a mite jittery about taking on the huge secluded plane cost in exchange for a bit of luxury. It can be pretty darned difficult to write out that very first check.
But when considering owning a secluded jet, don't think only about the flights you're making now. Think about the ways your organization could use an aircraft - to see clients, the prospect for new business, manage far flung business operations. Don't be astonished if you come to the assumption that not partaking a secluded jet is costing you sufficiently of wasted chances.
My point is not that it may be difficult to lease a private aircraft if you're the head of a foreign state. Instead, what was interesting to my team as we discussed the leases with the lenders who had financed the G650, was how concerned banks had become. We know banks have been much more diligent about checking the financials of secretive plane buyers since the meltdown of 2008.
Alright, let's say you own a light jet, but you need to transport 12 passengers - are you going to make two trips? That would be a bit odd, to say the very least. For many reasons, even if you shell out a few million for a private aircraft, or a few hundred-thousand for 1/16 of (and only 50 hours of) a private plane, you simply will still invariably shell out more to a charter plane service, and on more than one occasion. Why compound your flight expense?
Instead of all the hassle, all the upkeep, the down time, the countless regulations and expenses, and the more-than-occasional unavailability of aircraft ownership or aircraft fractional ownership, with chartering on top of it all, it seems to make much more sense simply to just rely on plane charter services alone. This holds true if you're an individual who would fly less than 150 hours per year, and even businesses which would use even more flight time. Heck, truth be told, it all ends up written off as a business expense when all is said and done.
Getting Expert Help: If your wonder how the above or other issues you may have considered and wonder if a private jet purchase would make sense. Consulting an expert aviation professional for advice is the best possible step to take. The private aircraft sale process is a complex transaction requiring input from an aircraft professional, a tax advisor, and a legal consultant and involves complex negotiation, detailed extensive paperwork and takes significant time and possibly multiple document revisions, as mistakes in aircraft selection or negotiations can be very expensive.
Financial Considerations: Air charter and plane cards are great ways to enjoy the benefits of secluded travel. But once you reach a certain level of aircraft usage, typically above 200 hours of flight time per year it can cost less to buy and use your plane than fly those same number hours chartering, using a plane card, of even through fractional plane ownership.
With sole ownership, you are of course fully responsible for the initial purchase price, licensing, regular registration fees. Owning a secluded aircraft might be a dream of yours, but if you're a mite jittery about taking on the huge secluded plane cost in exchange for a bit of luxury. It can be pretty darned difficult to write out that very first check.
But when considering owning a secluded jet, don't think only about the flights you're making now. Think about the ways your organization could use an aircraft - to see clients, the prospect for new business, manage far flung business operations. Don't be astonished if you come to the assumption that not partaking a secluded jet is costing you sufficiently of wasted chances.
My point is not that it may be difficult to lease a private aircraft if you're the head of a foreign state. Instead, what was interesting to my team as we discussed the leases with the lenders who had financed the G650, was how concerned banks had become. We know banks have been much more diligent about checking the financials of secretive plane buyers since the meltdown of 2008.
Alright, let's say you own a light jet, but you need to transport 12 passengers - are you going to make two trips? That would be a bit odd, to say the very least. For many reasons, even if you shell out a few million for a private aircraft, or a few hundred-thousand for 1/16 of (and only 50 hours of) a private plane, you simply will still invariably shell out more to a charter plane service, and on more than one occasion. Why compound your flight expense?
Instead of all the hassle, all the upkeep, the down time, the countless regulations and expenses, and the more-than-occasional unavailability of aircraft ownership or aircraft fractional ownership, with chartering on top of it all, it seems to make much more sense simply to just rely on plane charter services alone. This holds true if you're an individual who would fly less than 150 hours per year, and even businesses which would use even more flight time. Heck, truth be told, it all ends up written off as a business expense when all is said and done.
Getting Expert Help: If your wonder how the above or other issues you may have considered and wonder if a private jet purchase would make sense. Consulting an expert aviation professional for advice is the best possible step to take. The private aircraft sale process is a complex transaction requiring input from an aircraft professional, a tax advisor, and a legal consultant and involves complex negotiation, detailed extensive paperwork and takes significant time and possibly multiple document revisions, as mistakes in aircraft selection or negotiations can be very expensive.
About the Author:
You can get excellent tips on how to pick a private jet Van Nuys company and more information about a reputable company at http://rightflight.net now.
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