Saturday, April 26, 2008

Corporate Jets: Buy or Rent?


Yes, that's the burning question that I've been struggling with for some time now. Luckily, I'm a subscriber to Barron's, so their special report with it's own pull-out section that addressed this age old question was a breath of fresh air.

It turns out that I think I'd like to buy a jet. The best is obviously the Gulfstream, but at $47.6 million, I'm probably going to have to compromise a bit. I decided that I'm going to start saving for the Beechcraft King Air - a twin turboprop model that was the least expensive they reviewed. The bad news is the sticker on that plane is $3.2 million. The good news? I only have to put about $3.19999 million dollars more into my "corporate jet fund" until I can pick it up!

No comments: