Although all of us have the dreams to buy luxury jets in real life, only a handful of rich people can afford to buy private jets. Just like anything else, when you go to charter jet shopping, there are things that you must consider. Here, we have managed to get some information that tells us what exactly goes into buying a jet charter in Toronto. Have a look:
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Deciding when is the right time?
The first thing is your timing. If you are a person who gets to spend his time mostly flying around from one place to another then owning a jet charter in Toronto would be a great advantage. If you book flights all year long and are always running to get the booking done because your business depends on it, you should definitely own a private jet for you and your company’s executives.
If we talk about the market, there is no right time to buy things than the present time. Obviously, you need it right now, so waiting a few months will only add expenses to your bills.
How much would it cost?
Typically, buying a luxury jet is an expensive deal. But there are options for you that could be budget-friendly. But first, you should have the idea of your needs and your budget. Knowing your needs and budget will help you narrow down to a few options. If you want to buy a cheaper jet, the Eclipse 400 is pretty affordable as it is priced at $1.2 million. If you want to go for a quality jet charter in Toronto that is affordable, has business class and serves 15 to 18 people, then go for Gulfstream g650. It is one of the best quality private jet most people go for. Gulfstream g650 is considered the biggest, fastest, and an overall good choice for anyone looking for a quality and class. Another option in between the cheap and expensive charter jet is Citation XLS that is priced $14 million.
Where to buy charter jets?
We get to see airshows pretty often but never heard of aircraft auctions or markets. Well, it is because these things happen in big cities, and only the craft manufacturers, suppliers, buyers, and associated staff take part in such activities. If you live in Canada, the best place to buy the charter jet in Toronto is to contact the companies that charter planes. There are 4 airports and plenty of private jets that come and go, so take your pick and then finalize the deal.
What to look for in a plane while buying?
Not everyone is familiar with the technology of an airplane, so always go to the company that has a good reputation for airplane inspections. The companies will do their due diligence by getting back to you with proper details. Apart from that, try to get a little know-how of a particular jet you want to buy. Have the test drive and carefully take the decision. Try to have the brokers and some legal advocates involved in the whole process to deal with permits, licensing and things like that.