Buying a jet is more complicated than purchasing a car, a boat, or a commercial truck, so it is no surprise that you might find the experience stressful, if not overwhelming. If you’re figuring out how to buy a private jet in Raleigh, the process gets a lot easier if you’ve made a clear plan in advance and have an aircraft broker like GO AIR Brokerage guiding you along the way.
Know What You’re Searching for in a Jet
It’s of the utmost importance that you know what you’re looking for in a jet before you purchase one. You’ll want to figure out what the jet needs to be able to do and which features you want in it.
Some of the questions you should be asking yourself include:
- What’s my budget?
- Is this jet for personal or business use? Will it be used primarily for business and occasional personal trips?
- How many passengers does the jet need to carry?
- How much luggage and equipment do I need to take?
- What are the flight range requirements?
- How fast will the plane fly?
- Which amenities are requirements and which are wants?
- Will I need to upgrade the plane in the near future, or will I be expanding?
Once you’ve figured out what you’re looking for in your jet, it’s time to work with an Aircraft Broker. The broker will go through what you’re looking for in your jet and help you fine-tune the plan, so you’ll be searching for the right kind of jet without the stress of thinking you are buying too much or too little.
Budget for Purchase and Operations
After you’ve compiled a list of what you’re looking for in your jet, the next step is to check if that list aligns with your budget. Now is a good time to start working with an aircraft broker who can guide you through adjustments to get the best aircraft for your needs within your budget.
If you’ve got budget room to work with, the broker can help identify places you can spend more on that will go a long way, while on the other hand, the broker can help identify features that cost more than the quality improvement will be worth to you.
While any vehicle has upkeep expenses, those associated with aircraft can be considerable by comparison, which may play a substantial role in the jet you purchase. Your broker will use this information to find specific aircraft that meet your requirements, so you don’t need to stress over shopping around.
Get Professional Assistance
An experienced aircraft broker like those at GO Air Brokerage will help you navigate the complicated legal, financial, and operational requirements in the correct order so you don’t have to stress about forgetting something important. Those steps include:
- Making a purchase offer that handles the legal requirements, purchase price, terms of payment, pre-purchase inspection criteria, warranty information, refund terms, and purchase protection.
- Scheduling and executing the pre-purchase inspection.
- Setting up financing for the loan, unless you’re purchasing the jet in cash.
- Getting the jet insured.
- Hiring the necessary staff to operate the jet, if needed, which also includes training requirements.
- Addressing hanger/storage needs.
A significant amount of legal nuance throughout the purchasing and ownership process requires specialized experience. In addition to working with an aircraft broker, you’ll also need to work with a lawyer.
GO Air Brokerage – Your Aircraft Brokers in Raleigh, NC
If you’re near Raleigh, NC, and are looking to purchase an aircraft, you owe it to yourself to work with a reputable broker to buy one without the stress. An experienced, professional firm like GO Air Brokerage can guide you.