Posted on Oct 21, 2019
Owning a private jet has many perks and can be very rewarding. With advancements in technology, owning a private jet may be closer than you think as more cost-effective options become available.
In recent years many leading manufacturers have overproduced several personal jet lines within the business sector. As a result, sales on private jets have declined. This oversaturation has caused private jet owners to look for more cost-effective solutions.
This brings us to the Cirrus aircraft line. The Cirrus Vision Jet is by far the best bang for your buck. A Vision jet sells for around $3M. That’s well below the leading competition and has an unbeatable new “Safe Return”- an evolutionary emergency autoland system. Additionally, the Vision Jet has one engine (half the maintenance of a multi-engine jet).
Compare the Cirrus Vision Jet to a Hawker 400, which will run the range of $7.3M to a Boeing, which runs about $100M. These average personal business jets will lose as much as 50% of its worth, leading to more substantial initial losses. These losses could purchase 250+ hours of flight time in a Boeing VIP 737 and 600+ hours in a Bombardier CRJ! That information puts it all in perspective and why more and more private jet owners choose Cirrus aircraft for their personal jet.
If you're in the market to purchase a new jet, the above information helps point out the various options the market has to offer and what has been trending. Here at Elevate Aviation, we offer the advantage of aircraft rentals before you buy. This allows you to test a Vision Jet or other Cirrus aircraft before making a final decision. Moreover, we offer several solutions that make owning a jet much easier from leasing to others to aircraft management.
Our industry provides ease and flexibility when you are ready to purchase your own aircraft. For more information please contact Elevate Aviation in Salt Lake City, Utah.