How to buy a used jet

There are many pressing issues today – what will North Korea do? Are we experiencing global warming or global weirding?  Or both. How will our children ever pay off those monstrous student loans? And, of course, where can I buy a used jet.

I can’t help with the first few of these concerns, but I have found an article in Barron’s explaining How to buy a used jet.

The most striking difference between the housing market and the used jet market is inventory. There are way too few homes for sale, but the good news for jet buyers is that supply is still plentiful.

Colibri Aircraft, a reseller of airplanes, reports that the average asking price across six different private-jet types plunged 35% from 2014 to 2017, as time on the market increased from 345 days to 391 days. It’s tempting for bargain hunters: There is simply too much airborne aluminum around—and not enough cash.

So, if you don’t find what you are looking for at today’s Open Houses, you can always buy a jet.

If you are looking to buy, I will contact you immediately when a house that meets your needs is available. In this market you need to have somebody looking after your interests.

Are you thinking about selling? Read  Which broker should I choose to sell my house?

Please contact me on 617.834.8205 or Andrew.Oliver@SothebysRealty.com for a free market analysis and explanation of the outstanding marketing program I offer

Andrew Oliver is a Realtor with Harborside Sotheby’s International Realty. Each Office Is Independently Owned and Operated

@OliverReports

 

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