Private aviation has always been synonymous with luxury, but for today’s discerning buyer, a used private jet isn’t just a status symbol — it’s a strategic asset. Whether you’re a seasoned investor, a high-net-worth frequent flyer, or a corporation exploring alternatives to chartering, understanding the true cost of a pre-owned aircraft can uncover opportunities for efficiency, autonomy, and control. In private aviation, to charter a jet means to rent an aircraft for a specific trip or period, offering flexibility and access to a variety of jet types without ownership.
Used private jets offer a gateway into this world at a fraction of the cost of new models, without sacrificing capability. Buyers can expect to see a wide range of prices depending on the type and age of the jet, from more affordable light jets to high-end luxury airliners. The cost of a used private jet is influenced by various factors, including the aircraft’s age, model, maintenance history, and onboard amenities. But just like any investment of this scale, knowing what you’re paying for — and what’s at stake — is key.
Types of Private Jets: Size, Range, and Capacity
Private jets can be categorized into several types based on size and range, including very light jets, light jets, midsize jets, super midsize jets, heavy business jets (often referred to as heavy jets), ultra long range heavy jets, and airliners.
Very Light Jets
Typically hold between four and seven passengers and can fly for about three hours. These jets are ideal for short hops and owner-pilots looking for efficiency and affordability. Prices for very light jets start at less than $1 million for used models and range from $3.5 million to $5.7 million or more for new ones. Popular examples include the Cirrus Vision Jet, which costs around $2.5 million. The price can vary significantly depending on the specific model chosen.
Light Jets
Can carry up to seven passengers and usually include a bathroom. They are suitable for regional trips up to three hours. Used light jets often range from approximately $1.8 million to $4.7 million or more. Examples include the Embraer Phenom 300 and Learjet 40XR. The price can vary significantly depending on the specific model.
Midsize Jets
Offer more storage space and larger cabins than light jets and are suitable for short to mid-range flights, typically flying 5–6 hours nonstop. Prices range from $2.1 million for older models to $30 million for newer midsize jets. Popular models include the Citation XLS+ and Hawker 800XP. The specific model will influence the final price.
Super Midsize Jets
Are larger than midsize jets and can seat up to eight passengers comfortably, with options for nine or ten.They provide enhanced range and cabin amenities, making them an excellent choice for business travelers who require more room and comfort without stepping up to a heavy jet.
Note: Private jets typically lose 15% of their value in the first year and 1–3% annually after 10 years.
What Qualifies as a “Used Private Jet”?
A “used private jet” typically refers to any aircraft that has had at least one previous owner and has logged flight hours prior to sale. This can range from aircraft that are just 1–2 years old (with modern avionics and amenities), to older models with more cycles and time on the airframe. When evaluating a used jet, it is important to review the details, such as interior and exterior features, maintenance status, equipment, and any available upgrade options.
Buyers often find compelling value in lightly used aircraft—jets that retain high performance, meet modern safety standards, and feature updated interiors—at significantly lower cost than brand-new aircraft. A complete, detailed logbook and a 'no damage' history can further increase the value of a used private jet.
What Affects the Price of a Used Private Jet?
Several key factors shape the price of a used jet — far beyond just the year or make. The cost of used private jets is driven by age, maintenance status, total flight hours, and model popularity.
Age & Flight Hours
New jets lose value most sharply, often depreciating 35% to 50% within the first five years. Older models (10–20+ years) are significantly cheaper than those just a few years old. The total flight hours and time until major engine overhauls are critical in determining the value of a used jet. Buyers can figure the impact of age and accumulated flight hours by comparing the jet's hours to the fleet average—typically around 400 hours per year—as prices decrease when total airframe and engine hours are higher than average.
Maintenance History & Records
A pristine maintenance record, detailed logbooks, and records of compliance with Airworthiness Directives significantly boost resale value. Complete service history and enrollment in engine/airframe maintenance programs also increase the value, while gaps in logs can cause significant price drops due to increased future owner risk. Comprehensive maintenance programs ensure all necessary aspects are covered, providing reassurance to buyers that ongoing support and required services are included.
Cabin Configuration & Amenities
Layout, interior materials, seating capacity, and entertainment systems influence pricing, especially in large-cabin classes. The type and quality of equipment installed—such as advanced satellite communications, cabin management systems, and mandated safety devices—can significantly impact both the value and compliance of a used private jet. Modernized cockpits and refurbished interiors with current technology can sometimes double the value of older models. Upgrades and add-ons for private jets can cost between $100,000 to $500,000 a year. Installation of modern avionics and high-speed Wi-Fi can add over $500,000 to the price of a used jet.
Certification & Safety Records
Aircraft operated under strict FAA Part 135 or EASA commercial standards may command a premium due to inspection frequency and enhanced maintenance.
Model Popularity & Manufacturer
Legacy manufacturers like Gulfstream, Bombardier, and Dassault command higher premiums on the used market due to their reliability and service networks. Sellers regularly update listings with current pricing and availability, providing buyers with essential information to make informed decisions. Specific, in-demand aircraft models retain value better than others. Additionally, complete service history and enrollment in engine or airframe maintenance programs significantly increase the value of used jets.
Snapshot: Price Brackets for Used Private Jets
Let’s break down used private jet pricing by jet category. These brackets represent ballpark costs based on recent listings and industry reports. When considering how much is a used private jet, keep in mind the total amount you might spend includes not only the purchase price but also ongoing expenses like maintenance, fuel, and staffing.
Entry-Level Jets (Very Light Jets): Entry-level used jets (light jets) often cost between $1.8 million and $4.7 million, with models like Eclipse 500 and Citation Mustang.
Light Jets: $1.8 million to $4.7 million, including Embraer Phenom 300 and Learjet 40XR.
Midsize Jets: Midsize used jets generally range from $2 million to $15 million, such as Citation XLS+ and Hawker 800XP.
Super Midsize Jets: $7 million to $12 million, including Challenger 350 and Gulfstream G-280.
Heavy Jets: Starting around $15 million to over $30 million, including Gulfstream G450 and Falcon 900.
Ultra Long Range Jets: $20 million to $30 million for used models, up to $65 million new.
Airliners: Used models as low as $5 million.
Used private jets typically range from $1 million to over $30 million, and the typical price range for a used private jet in 2026 spans from under $1 million for older, small models to over $35 million for late-model, large-cabin aircraft.
Total Cost of Ownership: Ongoing Expenses
Buying a used jet is only the first step. The operation of a private jet involves ongoing costs and logistics that can be substantial. Ongoing expenses required to keep a private jet in operation make the experience much more expensive than the purchase price. Maintenance and operating costs for a private jet can be significant and vary widely based on the aircraft type and usage.
Fixed Annual Costs
Crew Salaries: $300,000 – $500,000
Training & Administration: $50,000 – $100,000
Insurance: $30,000 – $70,000, increasing with aircraft age and flight hours
Hangar Fees: $81,000 to $160,000 depending on location, to park your jet in a hangar or secure facility
Annual operating costs for light and midsize jets typically range from $500,000 to $1,000,000. For used jets, annual operating costs can exceed $1 million, covering fuel, crew, insurance, and hangar fees.
Variable Costs Per Flight Hour
Fuel: $700 – $1,300; fuel is often the largest variable operating expense, with annual fuel costs reaching into the millions depending on flight hours and mission profile
Maintenance Reserve: $300 – $800
Landing & Handling Fees: $300 – $1,000
Example: Gulfstream G450
The total cost of ownership for a Gulfstream G450 is roughly $4 million per year, based on 423 hours of usage, excluding insurance and parking.
Upgrades & Add-Ons
Annual upgrades and add-ons can cost between $100,000 and $500,000, covering enhancements such as satellite communications, cabin management systems, and compliance with regulatory mandates. Cosmetic upgrades, including new or refreshed paint, are also important as part of aircraft refurbishment and can significantly impact the jet's appearance and value. Note that jets used in charter operations often experience more wear and tear than those used solely for private travel.
Benefits of Ownership
Owning a private jet unlocks a world of flexibility, convenience, and comfort that simply can’t be matched by commercial air travel. For frequent flyers—whether for business meetings in Miami, quick weekend getaways, or international trips—a private jet becomes more than just a mode of transportation; it’s a strategic asset that adapts to your unique mission profile and schedule.
One of the standout benefits of private jet ownership is the ability to fully customize your travel experience. You decide when and where to fly, who joins you on board, and what amenities are available during your flight. This level of control means you can plan trips around your own timetable, avoid lengthy airport lines, and access thousands of airports that commercial airlines don’t serve—bringing you closer to your final destination and saving valuable time.
Privacy and security are also major advantages. With your own aircraft, you have the ability to maintain strict confidentiality, making it an ideal solution for executives, celebrities, and anyone who values discretion. You control the passenger list, ensuring that sensitive business discussions or personal moments remain private throughout your journey.
From a financial perspective, owning a private jet can be surprisingly cost-effective for those who fly frequently. While the initial purchase price and ongoing operating costs—such as maintenance, insurance, fuel, and storage—represent a significant investment, these expenses can be offset if you regularly log over 200 flight hours per year. In many cases, the cost per hour of owning and operating your own jet is lower than repeatedly chartering similar aircraft, especially when you factor in the ability to select your own crew, catering, and onboard features to match your preferences and budget.
The market today offers a wide range of jets to suit different needs and budgets. For those seeking the cheapest private jets, very light jets like the Cirrus Vision Jet or light jets such as the Embraer Phenom 100 provide an affordable entry point, ideal for short trips and smaller groups. Midsize jets, like the Cessna Citation X, offer more space and range for longer journeys, while heavy jets such as the Gulfstream G450 deliver maximum comfort, cabin size, and nonstop international capability—albeit at a higher purchase price and annual costs.
When considering ownership, it’s important to factor in all the variables: purchase price, operating costs, maintenance, insurance, and the ability to maintain and upgrade your aircraft as needed. Working with an experienced aircraft management and sales company can help you navigate the market, compare specific models, and find the right jet to match your travel needs and budget.
Ultimately, the benefits of owning a private jet—personalized travel, privacy, security, and the freedom to fly on your own terms—make it a compelling choice for those who value time, comfort, and control. With options ranging from very light jets to heavy jets, and prices spanning from millions to tens of millions of dollars, there’s a private jet solution for nearly every mission and budget.
Aircraft Sales Process: How to Buy a Used Jet
1. Define Requirements
Consider your mission profile, passenger count, typical route distances, and budget.
2. Hire a Broker
An expert broker ensures thorough aircraft history reviews, access to exclusive listings, and fair pricing.
3. Aircraft Search & Letter of Intent (LOI)
After selecting an aircraft, sign an LOI to secure exclusivity for inspections.
4. Pre-Purchase Inspection
Independent maintenance facilities inspect airframes, engines, logs, and regulatory compliance.
5. Escrow & Closing
Funds are held in escrow, and title is transferred once closing paperwork is complete.
Financing and Tax Considerations
Financing rates for qualified buyers currently average between 6% and 8%. The "One Big Beautiful Bill Act" of 2025 reinstated 100% bonus depreciation, allowing some buyers to deduct the entire purchase cost in 2026. However, by 2026, bonus depreciation for tax purposes has phased down to 20%, impacting long-term tax planning.
Where to Find Used Private Jets for Sale
Reputable Brokers
Aircraft Dealers
Jetcraft
ExecuJet
Clay Lacy
Online Marketplaces
Working with a broker ensures vetting, leverage in negotiations, and access to off-market options.
Conclusion: So, How Much Is a Used Private Jet?
The cost of a used private jet can range from under $1 million for older, small models to over $35 million for late-model, large-cabin aircraft. Most private jet owners tend to buy second-hand aircraft, with about 85 percent opting for used jets. The real value lies in matching the right aircraft to your unique travel needs — balancing purchase price, ongoing operating costs, and mission requirements.
For buyers who want access without ownership, BlackJet’s Jet Card program offers certified safety, carbon-neutral flights, and seamless service — no upkeep, no depreciation, just premium private aviation when you need it.
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