5 Private Jets You Can Buy For Less Than $1,000,000

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Күн бұрын

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The average private jet cost millions of dollars to own and maintain each year. But some older light to mid size jets actually cost less than one may think. The private jets listed in this video are all aircrafts you can find for sale at less that a million dollars. The airplanes listed here are:
1. Cessna Citation Mustang (2007 - 2008) - $950,000
The citation mustang was Cessnas main very light jet until a year ago when they stopped manufacturing this airplane. For the last decade though, the Citation mustang has been one of the most popular small private jets in the industry. The airplane will cruise at close to 400 miles per hour and you can fly up to 6 people in the aircraft. Depending on load, you can travel up to 1300 miles.
2. Eclipse 500 Jet (2006 - 2008) - $500,000 - $700,000
Also a very light jet, the eclipse 500 has some respectable performance numbers. A bit faster than the citation mustang, the eclipse 500 also boast better fuel economy at some levels. Although since the newer generation eclipse 550 came out plus the introduction of other light jets like the cirrus sf50, the 500 have dropped even further in price.
3. Citation Bravo II (1979 - 1982)
Here is one of Cessnas oldest model class of jets. The citation brave have been around since the 70s, and even newer models that may have improved interior and or avionics, the performance have remained somewhat the same. And the design of the aircraft is still same as it was 30 years ago. Right now, the earliest models of this jet can be bought for $400,000 to $500,000.
4. Learjet 31A (1992 - 1997)
Private jet from bombardier, the 31A model is a superb aircraft with great performance. One that will carry up to 11 people on board and travel over 500 miles per hour. Get your hands on one for less than $400,000
5. Learjet 24D (1966 - 1974)
Also from bombardier. This is quite vintage, but still a great looking and performing jet if you can find one. Probably will need some renovations or restoration, but for $150,000 purchase price to own a private jet? well you decide.
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Пікірлер: 828

@Armadurapersonal 5 жыл бұрын

I'm watching this video with exactly $7 in my bank account.

@oberscl 5 жыл бұрын

Dreaming is not illegal....

@mitch08153 5 жыл бұрын

4 more than me!! Lol!

@saikumarimmadi1752 5 жыл бұрын

I am absolutely $0 right now

@Vinnie101a 5 жыл бұрын

Now, that pretty much covers the definition of an optimist.

@Armadurapersonal 5 жыл бұрын

Update my guys: I got hired in a startup and now I make 6000 a month. Thanks to those who believed in me.

@lennywallace9201 5 жыл бұрын

“If you look hard enough” Me: starts eating carrots

@delorz1982 4 жыл бұрын

Oop

@DanFrederiksen 3 жыл бұрын

put all your money in stocks as aggressively as you can, live like a student, earn well. stocks like AMD and Enphase which is what I'm holding right now, pretty soon the stock growth outweighs your income and keeps growing exponentially and suddenly little things like jets are affordable :) another way to get rich but is more demanding is buying real estate and renting it out. The renters pay the mortgages which accumulates equity for you. I got a decent paying job about 4½ years ago, put most in stocks and now it's about double my salary. A year or two from now I can retire and live in luxury at the same time :) Odd but real. I had Tesla stock for te couple of years where nothing happened, only pain and chaos so I switched to AMD which went well but had I stuck with Tesla I would have 2-3million $ today :) no one saw that coming but still a very sobering thought. And the thing about stocks (if you are sensible) is that 2-3million is not a total winnings but a ticket to earn millions every single year. The base sum is all important because it's percentage gains. It might not last forever, the stock market has become incredibly mainstream lately and that can't last but I intend to not miss whatever opportunity is there. Money isn't everything but it certainly makes some things possible.

@sleeplezznightz 5 жыл бұрын

Nobody: My Bank account: Why did you even click on this?

@ricardomilos3591 4 жыл бұрын

Hey,dreaming is legal.

@JoeCnNd 4 жыл бұрын

Because I couldn't see the million part in the description.

@jamesmylife6578 3 жыл бұрын

My non existent bank account: first time?

@chocolatetoilet8126 Жыл бұрын

y’all I’m 12 years old I have no clue why I’m watching this💀💀

@calypso_the_freak 3 ай бұрын

lmao

@ossy123 3 ай бұрын

@JewOfYeshua 2 ай бұрын

I’m 13 and I’m watching this for future reference 😂

@ashleyzheng2244 5 жыл бұрын

This is exactly why you charter out your private jet when you’re not using it so it will make money to cover the maintenance costs

@neanam 5 жыл бұрын

Oh, is that the game.

@palmchristmastree 4 жыл бұрын

yabadoo “charger” haha you defiantly have a hangar

@thatdude034 4 жыл бұрын

@@palmchristmastree TIL English spelling = criteria for having a hangar

@rosh4576 4 жыл бұрын

@yabadoo No one wealthy would use such language as "peasant".

@rosh4576 4 жыл бұрын

@yabadoo sure

@silversurfergw 4 жыл бұрын

Private jet gives you two great thrills in life.. One when you buy it.. Another when you sell it.

@therealwhitleygilbert4592 3 жыл бұрын

Just like a boat. Waiting on the 2nd best day. ⛵⚓😎

@747-pilot 6 жыл бұрын

Nice video. Learned something today!!! .....you are on a roll with these videos aren't you?? 😃

@mojogrip 6 жыл бұрын

2X a week. I'll be doing Live Q&A soon to answer a lot of viewers questions so sty tuned :)

@burkemounts7107 6 жыл бұрын

I wish the Beechcraft Beechjet 400a had been included on the list, it's a great airplane that still looks recent even though production started in the 90s. I've seen them going for $280,000-$600,000 for slightly older ones but with TTAF under like 2,000 hours so not bad, they're reasonably fuel efficient too

@elon8595 4 жыл бұрын

Some 1% : under a million what am I poor Balance 99%: why am I watching this video

@orangecayman520 4 жыл бұрын

M Ean 0.05% actually watching this video to find a reasonably priced private aircraft.

@TheTyphoon365 4 жыл бұрын

@TheBlondie made a decision yet? someday I love to own a beechcraft premier 1A

@bentubepyro 4 жыл бұрын

Dude the 1% can’t afford jets the 0.001 can buy these

@literalyou104 4 жыл бұрын

Son: Dad, we have a private jet? Dad: Yes Son. It's all we have left.

@willieb6993 6 жыл бұрын

I love watching your videos. As an airplane owner myself I can appreciate what you’re doing. Thank you.

@mainegee1578 2 жыл бұрын

Question, does it really cost a million dollars a year to own a small private jet

@timothywachowicz8308 6 жыл бұрын

Love & Appreciate Your informative & fun Videos! Also Your inviting welcoming nature Mike! You are an inspiring Being! Blessings to You & all Your winged Followers :)

@blewyd 5 жыл бұрын

Fun fact: eclipse 500 is used like a 172. It's normally a trainer jet.

@DelaneyStudios 5 жыл бұрын

that's a winner mike! keep up the goods. now make subsequent videos about maintenance hubs and compare them, storages etc.

@oprahwinfrey878 5 жыл бұрын

That was good mike, thank you!

@thebluriam 3 жыл бұрын

Super dope video, exactly what I was looking for. Subscribed!

@devwhit 6 жыл бұрын

This is an awesome video! Can you do a similar video comparing single-engine turbo props (maybe dual-engine too). 👍👍

@Charles53412 3 жыл бұрын

A lot of the two pilot Jets, can be updated with Avionics, to be suitable for a single pilot/two pilot operation. Which is amazing, if you don't always have that 2nd pilot. The LearJet 24 D in your video would get a Avionics upgrade right away. I would probably put a Collin's system in it. Since they are one of the most integrable systems.

@johnc3168 5 жыл бұрын

good to know i remember when this used to be further away now i am actually thinking about one

@Spec62 6 жыл бұрын

I watch "Selling Jets" on the AWE channel. Great educational channel for understanding the cost of owning a jet. Quite a few intangibles that actually go into deciding what aircraft one might wish to purchase.

@MarcosHernandez-xj6mm 2 жыл бұрын

Awesome info thanks

@TheWizardonline Жыл бұрын

Thanks Mike ... great info

@greggreen7769 4 жыл бұрын

Thanks Mike I always like your work!

@frederickfrost6561 2 жыл бұрын

Really appreciate your videos!

@davidvanveen2278 2 жыл бұрын

Great video. Thanks man. Very informative.

@mariojuarez510 4 жыл бұрын

This video is one of my favorite. In fact the reason I started my purchase process. I am actively looking for single pilot, range of 2200 nm, 8-9 passengers, we fly about 200 hours per year. Currently looking at IAI Westwind 1124 but would love any suggestions. We would like to see if a unit was maintained for 135 purpose. Any feedback would be appreciated it.

@ilikeplanes4955 2 жыл бұрын

A jet for the prices he’s saying is probably not correct, the plane will probably have run down engines that need to be replaced and it will probably be old (so the avionics might not be modern), the price you would need to invest will most likely be more than double the price you bought it.

@kenhull1245 2 жыл бұрын

Great and informative video. Some sleek planes! Thank you!

@steveindorset 4 жыл бұрын

Great video Mojo Mike! Subscribed. 😉👍

@danielj9453 5 жыл бұрын

Great video. I can definitely say the mustang is an awesome jet. I work on them all the time for routine maintenance and they are sweet.

@rickflores2413 6 жыл бұрын

Thank you for the info, keep it up.

@Lloyd2605 6 жыл бұрын

Wow. Love this video. Keep up the good work mate.!

@antoniomonteiro3188 5 жыл бұрын

Your miss work for my gool

@sergiogarcia4347 2 жыл бұрын

I love that Lear 24D that is my favorite, I just started my online flight training, hope to get certified to do my flight training, hope to get my pilots license within 6 months and do some serious flying. These videos ar very informative keep it up

@Matt-mo8sl 5 жыл бұрын

Great video, very informative. These are quite a bit less than the Phenom 100 that I fly right seat in for PALS.

@andrewtaco 5 жыл бұрын

Best video on steals for private jets. Double thumbs up!

@patcar5616 4 жыл бұрын

Mike....good job with these series of videos!

@DrAsadAli-yc6tu Жыл бұрын

Great thanks for sharing

@moseskelly2886 6 жыл бұрын

I was wanting to know what are some good sites that I can look at that just might have a Bombardier Learjet 31A for around $500,000? I'm interested in a 1997 model however I'll be okay with any model close to it. I really would love to get one at some point, I'm also planning on becoming a pilot and doing it as a career

@amirkazemi2517 6 жыл бұрын

great video.....thank you for this information.

@nicholasharper3296 4 жыл бұрын

Enjoyed the video and subscribed.

@rafaelleite1163 5 жыл бұрын

I would love to have a Citation SII - Single Pilot, FL430 - 2400nm range....and some models are around 900k....

@PP-uw7kb 5 жыл бұрын

Well done. Thank you!

@bonjourangeleyes3215 5 жыл бұрын

Awesome Information

@mrsaint2572 6 жыл бұрын

buying an aircraft is the easiest part, iam sure it costs a lot to maintain those

@mojogrip 6 жыл бұрын

Yea of course you would need up to a million per year to operate the average mid size jet.

@TsarOfRuss 6 жыл бұрын

A million per year if i fly it or not ??? or a million per year for 1000 hours of flight????

@nai7273 6 жыл бұрын

Fedor Amuricano most light jets cost about 1500-3000$ an hour, plus about 30,000$ for hangar space.

@wcc963 5 жыл бұрын

Saw a video of a guy who owned a Citation Jet. Similar in size and price to the Mustang and he quoted around 1500/hr for operating cost. that included hanger, fuel and engine reserve. He flew about 150-200 hours a year ($225,000/yr based on 150 hours/yr). since fuel is a large expense, not using the aircraft as much would bring that cost down, But he Cessna engine program has an hourly cost that you pay to Cessna for when the engines do need an overhaul, you've already paid the cost or most of it. You pay the engine fees for 150 flight hours per year whether you fly that much or not, so it makes sense to get a least 100hr per year out of it to justify having to pay that. So extrapolating that out you can probably run that jet for between 300-600k per year depending on unforeseen maintenance cost. But a well maintained and serviced aircraft should be able to be operated for well under 500k/yr. I don't think most owners would buy a jet that cost them the purchase price per year even if they didn't use it.

@oberscl 5 жыл бұрын

Asking the same question, I got the reply: "if you have to ask about the maintenance, it's too expensive for you".....

@benjohnson2183 6 жыл бұрын

I’m quite interested in that Lear 24 but those avionics won’t cut it for me, does anyone know if it’s possible to get some new garmin in there?

@bettigio 6 жыл бұрын

Love your videos. Got yourself a new subscriber👍 Is there a video about turboprops? Single and multi-engine?

@mojogrip 6 жыл бұрын

Thank you Giovanni. Haven't made one yet on turboprops, but it's coming.

@ruimachado2358 3 жыл бұрын

Great and entertaining channel.

@henrylong45 6 жыл бұрын

GREAT VIDEO!!!

@Bharat-Bhartiya 6 жыл бұрын

Very good compilation

@jorgegomezg.3484 6 жыл бұрын

Good info Mike👍

@klm747pilot 4 жыл бұрын

That’s kinda cool. The shot of that Learjet at the end of the video belongs to Phoenix Air out of Cartersville GA. I spent many days at the CAP squadron there. Wishing for the chance to fly one of their jets.

@Jahspecs1 4 жыл бұрын

Great video!!!

@Holgiloon32 4 жыл бұрын

I just gave you the 10.000th like! Congratulations!

@JafarAli-vs2sn 5 жыл бұрын

Sir you have Cessna caravan? I have a buyer waiting. Plz reply me

@antoniogray5344 6 жыл бұрын

I can't help but smile on this because you literally did your homework on this video. My knucklehead wife been talkin about private jets for a minute now. If she see this video there's a guarantee that I will hear I told you so! Within Reach! I'm thinking more about storage and maintenance. When she's only thinking about purchasing. Keep up the good work man. Love watching your videos.😀😁😊

@mojogrip 6 жыл бұрын

Thanks. Lol keep trying. I'm still trying to talk my wife into my first homebuild 😀

@dryan8377 6 жыл бұрын

Oh hell please don't go there Mike! I do not want to see your name splattered on Kathryn's report!

@EVELYNEMIL 5 жыл бұрын

Absolutely phenomenal!.

@youtubeplayer1833 6 жыл бұрын

I wanna have one before 40s

@xosstv1691 4 жыл бұрын

This is great I always wanted to have a jet now I can see that its possible..

@ananda_miaoyin 5 жыл бұрын

I could totally do that Lear! Now to calc the type rating....and maintenance. Oh, fuel. And....wait...WRITE OFFS!!! Then again, I could buy one hell of a yacht for that price.

@miiitymous 3 жыл бұрын

But a yacht won't go as fast!!

@Vinnie101a 3 жыл бұрын

If you buy a 1980’s jet, you’re likely to soon have a submarine.

@danbrown586 6 жыл бұрын

There are a lot of private jets that sell for less than $1M, but as you point out, upkeep is a major factor (though nowhere close to the $1M/year you mention for any of these birds). A Citation 500/501 can be had under $300k. Not as fast as the Lear 24D, perhaps, but (1) legal to fly in the US without hush kits, and (2) single-pilot.

@kerryh2096 2 жыл бұрын

watchng this fall 2021, can you do some research on the new ev planes coming out and do a video on those?

@abitofeverything7892 6 жыл бұрын

Nice video.

@MrCapi55 6 жыл бұрын

Hey MojoGrip! Is that beautiful Lear Jet 31 A For Sale (5:08)? Just tell me in which state of Mexico it is because it has the Mexican registration markings (and even a small Mexican Flag under captain´s window).

@Sexiestpilot4u 5 жыл бұрын

Can the citation bravo and other citation jets/cj1,cj2 and on be flown by a single pilot??

@antoniomonteiro3188 5 жыл бұрын

Yes

@Joe-jb1jf 3 жыл бұрын

I love your video.

@georgemartin4963 6 жыл бұрын

What about the Jet Commander/IAI Westland or the Saberliner?

@CoolVIguy 4 жыл бұрын

That Learjet 24D is still for sale. Down to 99,500 now.Its in Myrtle Beach SC

@sherrysetliff2502 6 жыл бұрын

31a is a beautiful plane.

@rrocketman 2 жыл бұрын

Thanks very much, might consider acquisition👍

@VENO5407 6 жыл бұрын

Thx! can you please give me some links where i can buy these? I wish i was serious right now ):

@clifft7832 5 жыл бұрын

I fly a Lear 60. Pretty competent plane. 4.5 hour range with 7 passengers. You can buy a mid serial number version for 1.3 million. It costs us about 700K a year to operate for 250 hours. That's fuel, crew salary, maintenance, training, hangar, insurance.

@infotrex 7 ай бұрын

Thats about $5-5.50 per mile when the HondaJet is less than half that!

@vindoll6237 6 жыл бұрын

Saw an Eclipse 500 for 375k like 10/12 months ago. Got scoffed up quickly.

@antoniomonteiro3188 5 жыл бұрын

My cucamber is target you

@bigB6flyer 4 жыл бұрын

Dang that Mustang’s yokes coming out of the panel looks like a C152.

@udohudoh6793 3 жыл бұрын

Hello Mojogrip thanks for the amazing videos. I have a contact looking to sell his jet, where’s the best place to look ?

@Spgonahan 5 жыл бұрын

The Lear 24 is the prettiest of the lot, by far. Interesting that you can get 'em cheap. I didn't know that you need hushkits or an engine update, though. Do bizjet airframes have a maximum number of cycles, like airliners do? Light airplanes do not.

@aaltoeiro9153 2 жыл бұрын

Why old stats? Prices et al ie 2007/2008? Arent there updated market stats?

@vansh441 4 жыл бұрын

Where we park these jets my house 🏠 is not to big for landing and takeoff any jets

@donyjoseph2678 6 жыл бұрын

Nice job bro

@raullopez2587 6 жыл бұрын

the day i can afford to buy even the least expensive of these, i definitely will also afford whatever's cost of maintenance, so thanks foy your work love these videos keep it up!, the work, get your mind off the gutter

@toddgalloway9122 6 жыл бұрын

Mike, this is a good one. Dig a little deeper and get the research references in there. Your doing great. We need younger faces in this industry.

@mojogrip 6 жыл бұрын

Thank you

@bigchungus8037 5 жыл бұрын

Is the leerjet 24D single pilot?

@noobmaster69k17 4 жыл бұрын

Might buy one in the future

@swaggyg5097 3 жыл бұрын

Thanks you Mike for the 5 private jets. You could buy.🤙

@vonw.3294 5 жыл бұрын

Gimme dat Learjet 24D Upgraded with the Avidyne Entegra R9 Dual ADHRS System. Oh Man!!!!

@clickenpie 4 жыл бұрын

Von W. De avidyne entegra da what? I have no clue what all that is

@pgarozzo 6 жыл бұрын

Great Channel! Can you recommend a good website to purchase these model types? I'm based in Thailand. Cheers

@georgemartin4963 6 жыл бұрын

Paul J Google Controller Aircraft. They list aircraft of all types.

@coalachaos6486 6 жыл бұрын

Well the problem is - 950k sounds cheap. But the running costs are still extraordinary. I flew Citation 1 and 2 as well as Do228. In case you fly yourself and hold a rating which costs about 100- 200k (depending on where you do it), you still have to consider the maintenance and service costs. Average one can say it costs $2500- 5000 on maintenance or regular wear and tear- a month! All money which has not been used is saved for major replacements which will come sooner or later. Such as instrumentation, or avionic units, or parts of the propulsion system - maybe even a whole new engine if youve got a bird strike and stuff. On top of that you have scheduled inspection and replacement cycles which Id place at about $500-1000 a month (of course depends on how much you fly and how much you do by yourself, because a pilot can do the test cycles too). A hanger at maintenance services at smaller airport costs about $200 a day, but if you do your service at another place than your base, you have to consider ferry costs- cause you gonna be there quite often. Small airfields with hard surface runway but without instrument approaches offer hangar sharing for less, but its still at $1000- 1500 a month minimum- and others may have to tow your jet around. Additionally, you have to take ground service fees into acount when you are parking it at your destination - which is for a citation 1 or 2 about $300 a day (And that is just marshaller, parking and if you are lucky transpo to the GAT, in some places a pushback is included). And then you have your fuel consumption, which is a little higher in a Jet or Turboprop. Citation 1 took about 400- 600lbs an hour at optimum altitude. Depending on the location you use your jet, it can be about $500 to $2000 an hour of fuel. Filling a CJ up was always about $6000, some locations in Europe about $10000. Giving you a flighttime of somewhat between 5 and 6 h at 230ish KIAS which is a travel distance of good 1300-1500 NM. To add it up: Using the Citation 1 as we did, was around €5000/h, and the Do228 about €7500/h all inclusive. Even on a budget jet, 10 million is mostly gone within 10 years of flying only 2h a week. ;)

@gregbuck701 5 жыл бұрын

Excellent write up! You forgot to be safe with an aircraft that covers 8 plus miles a minute and can go if pushed to 50grand in altitude, was training. And not from someone who flew one 2 yrs ago.!

@hhh1200 4 жыл бұрын

you should have done thevideo

@yangzhao4433 4 жыл бұрын

haha, Thanks for sharing! This is my goal!

@zackworrell535 4 жыл бұрын

Years ago when I was a kid our family business was newspapers, we owned 2 Lear Jets. We had a 25 and a 35. The 25 was eventually replaced by a 55 and the 35 replaced by a 60 by the time I was in high school. They were so bad ass and amazing to travel in. Then the industry tanked due to the internet, and we sold everything to get the fuck out before it all caved in. It was fun to be a kid and see that stuff. The industry is a mere skeleton of what it was before the internet, newspapers are dying more and more everyday. I can't imagine how much all that shit cost to run. Glad I'll never know.

@4.6will 6 жыл бұрын

I'm just getting into planes and jets, so I don't know if this is possible, but could you do jets under 500k

@mojogrip 6 жыл бұрын

I'll check some out. thanks.

@infoandmotivationaltv5636 4 жыл бұрын

Wow amazing jet with reasonable Price👌👌👍👍👍

@subluxus6019 6 жыл бұрын

Why they didn’t put the synthetic vision of Cessna citation in the citation 750x ??

@easystatus9376 4 жыл бұрын

Within 5 years I will buy this for sure

@MarcusLeepapi 6 жыл бұрын

Thank you..

@jancovanderwesthuizen8070 6 жыл бұрын

The problem is the $1m/year running cost, not even the initial purchase. The Lear 31 needs two pilots though, right?

@maungatilimamichelo2995 6 жыл бұрын

Thanks Man.

@vintonking7494 2 жыл бұрын

Mojo , greetings I really like your videos and would like if you could consistently put the maximum range per Aircraft the plan will be to fly from Minnesota USA to churches in Nigeria with an average of 10 passengers Thanks.

@tabstabs1204 3 жыл бұрын

The LearJet 24 it's true it has performance and speed, but unfortunatly lots of noise too. This is much older technology with pure jets, no bypass, and lots, lots of kero burning. Built before the first oil crisis. Many airports and environments where it cannot comply with noise abatment procedures so you cannot fly there. If you live in the desert, Utah, Nevada, West Tewas, then its fine. No way you can use it in busy airspace with lots of inhabited areas underneath !!

@jerriedeniseblue3906 6 жыл бұрын

How can I buy a private jet ASAP ? With no money down I would like a private jet business of my own and learn to pilot it also .

@carloswalcott6705 4 жыл бұрын

I'm gonna own that last one soon enough.

@lorenjackson8961 6 жыл бұрын

That older Lear 24 cannot fly in the states unless the engines have expensive Stage III Hushkits. The fuel burn on those General Electric CJ-610 engines are also in excess of 300 gallons an hour. You're overlooking many issues with these older aircraft. The maint costs will EAT YOU ALIVE!!!

@joeboi1342 4 жыл бұрын

Loren Jackson 300 GALLONS A HOUR ur fucking joking

@bodyloverz30 3 жыл бұрын

If you buy a 36A with the Hushkits upgrade, you will have the most economical small jet to fly, one of the fastest jets in the air, as well as a range of nearly 2,800 nautical miles. With key stops, the plane could go to Europe.

@lorenjackson8961 3 жыл бұрын

@@bodyloverz30 You don't need hush kits for a 36A....it already has a turbofan engine on it. The 20 series Lear's didn't. They had GE CJ-610 engine's.

@bodyloverz30 3 жыл бұрын

@@lorenjackson8961 Thanks for the info.