Aircraft GuidesUsed Private Jet Prices: Pre-Owned vs Brand New Jets
What used and pre-owned private jets cost compared with brand new ones, the pros and cons of each, and what to check before you buy.
Most private jets change hands several times, and pre-owned aircraft make up most sales each year. A well-maintained ten-year-old jet flies the same routes at the same speed for a fraction of the new price.
New aircraft have advantages too, and some owners pay the premium for them. Weigh four things: depreciation, certainty, technology and time.
In This Article
1. Used vs New Private Jet Prices and Depreciation
A new jet loses the largest share of its value in its first three to five years. Buy pre-owned and the first owner absorbs that drop. A five- to ten-year-old aircraft of a model still in production often costs 40% to 60% of the new price for most of the same capability.
Older aircraft keep depreciating, and very old jets can be hard to sell or finance, more so once a newer version of the model reaches the market.
| New | Pre-owned (5 to 10 years) | Older (15+ years) | |
|---|---|---|---|
| Price vs new | 100% | ~40% to 60% | ~15% to 35% |
| Depreciation speed | Fastest in early years | Moderate | Slower in %, but resale harder |
| Warranty | Full factory warranty | Remaining or none | None |
| Avionics | Latest | Usually current | May need upgrades |
| Availability | Delivery slots, often 1 to 3 years | Weeks to months | Weeks |
*Indicative market patterns; individual models vary with demand and production status.
2. Brand New Private Jets: Pros and Cons
You get a full manufacturer's warranty, the latest cockpit and cabin technology, your choice of layout and finish, and a history that starts with you. Maintenance costs stay low in the early years, and new-generation engines burn less fuel.
You pay for it in price, depreciation and waiting time. Popular models have delivery positions years out, and owners sometimes resell early slots at a premium.
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