Looking for your own business jet? Now is the time to buy, according to a report at Business Jet Traveler, which notes that prices of used business jets have dropped 40% since 2008 and are now on average 15% below “market value.”
The report quotes AircraftPost President Dennis Rousseau:
“Business jets are selling. In the medium and long-range jet categories, 50% more aircraft were sold in 2009 than 2008, but the majority are selling at an average 50% less than market price at the height of the market.”