How much does it cost to own private Jet is something prospective individual. The cost of owning a private jet is often the first thing people think about when they consider this option. Yet it’s not the only thing you should be considering. You also need to consider how often and how far you would be flying on your own plane, as well as what type of plane you want to buy. There are several factors that affect the price of owning a private jet, such as maintenance costs, pilot salaries and fuel prices. In this article we will take a look at some of those factors so that you can make an informed decision about whether buying one is right for you.

Buying and maintaining a private jet is not cheap.

Buying a private jet is not cheap. A small jet can cost $5 million to $20 million, while a larger one can cost $10 million to $40 million. Prices vary depending on the model and the age of the plane.
Maintaining a private jet isn’t cheap either, especially if you have to pay for it yourself! You’ll need fuel and insurance, as well as routine maintenance checks and repairs. You might also have to replace parts every so often (like landing gear), which costs thousands of dollars each time.
And then there’s piloting fees—the cost of hiring someone who knows how fly your aircraft safely from point A to point B—and rental fees for those times when you want or need more than one plane at once (perhaps because there are multiple passengers).
In addition to the initial purchase price, there are monthly and annual fees to think about.

Once you’ve purchased your jet, there are additional costs to think about.

You’ll have to pay for hangar space. Hangar prices vary based on the size of your jet and where it’s located. The average price is around $5,000 per month, which can add up quickly if you’re flying often or only have a small fleet of jets.
You’ll also have to consider insurance costs. Depending on what kind of insurance package you opt for, this can cost between $2 million and $3 million annually.
Maintenance fees vary depending on how often your plane is used as well as its age and condition; they typically run anywhere from $1 million – $5 million every year! And then there’s fuel costs…those alone cost $10k-$100k per year depending on how much time each flight spends in the air and what kinds of routes are flown (the longer the route distance, the higher gas consumption will be). Last but not least: taxes! Income tax rates vary widely across states so estimated taxes should be calculated by both state/country where aircraft is registered as well as where pilot lives (if resident).
Read More: https://autoremedy365.com/how-much-does-it-cost-to-own-private-jet/

Not much. Just your mother's skull.

VeryWickedMan:
Not much. Just your mother's skull.

Hmmmm waiting for other comrades

And the criminal Tilumbu get 2 of these private jets after looting Lagos Treasury to standstill. E no go better for emilokan and his senseless urchins

Vawulence loading

VeryWickedMan:
Not much. Just your mother's skull.

VeryWickedMan:
Not much. Just your mother's skull.

Wicked Vawulence

Cheap me wey con get 3 private jets nko