Hello Aluxers! What would incentivise you to own a private jet? Mind Mastery: www.alux.com/mindmastery Get a free audiobook thanks to Audible: www.alux.com/freebook Thanks to our friends at Audible! 10 Most Expensive Private Jets In The World: y2u.be/x_EtF6NUEE0
She started with: "For future billionairs like you...." thank you for the selfestem boost 👍 hahaha, you made a poor man feel better. Edit : thank you everyone for the likes. Alux keep uploading more intersting and informative videos
@@Eric-ye5yz Really it is not because you can help so many people when you take on that amount of responsibility. You can create so many wonderful things when you have money. Money is a gift. You should write down your limiting beliefs. It will help you shape a better life for yourself and others.
@@DreamRealityMeditationMusic …..Wow I thought you were going to challenge me on what I said, but no? Now you say "You can create so many wonderful things when you have money" I say, then give everyone money! Give everyone the same opportunities. Then you form opinions of me from nothing ….. yours was not a very successful response to my post.
@@Eric-ye5yz you did imply that having money is a negative thing. Money is energy, once you understand that you will know that no one has the power to give it to you. You create your reality. You create the experience from your inner world and the thoughts that you think. We all do. I don't have an opinion of you.
1. Private jets are not cheap. 2. A Plane needs a storage facility for when it is not in the air. 3. Everytime you land you are charged a landing fee. 4.Fueling an aircraft is different to toping up your car. 5. You need some one to private jet and run it. 6. Each time you take off of land you are liable for airport taxes. 7. Just like a car, a plane needs parts upgraded, repair and regular services. 8. De-icing a jet is intergral, and not an area you should skimping on. 9. Your jet need to be insured. 10. Upgrade and customizations are par for the course 11. Acident to happen. 12. Crew overnight fees can rack up the bills 13. Clean fees are also part of your costs. 14. So what is total the costs. 15. When is it actually time to buy a jets
@@tommy3989 It is a very popular option but for me, cashing out 5 million for fractional ownership, does not work. If I'm going to spend that range of cash on a jet, I want it all for myself rather than sharing it with someone else. Of course, I'm thinking as a private owner, not a private corporation owned by one person. If a jet will go into the company's books, then fractional ownership makes sense. It will be available not only for the owner but for business purposes, sometimes carrying other people than your family - think company car. For a Phenom 300E, an exceptional light jet, it costs around 10 million new and annual expenses of about 1.4 million when flown 400 hrs. So if you have some 22 million to spare, you can have this plane for yourself, customized your way, and you can enjoy it for 9-10 years. Besides, it's single-pilot certified so even you can fly it if you plan to do that.
The biggest reason we went with a private Jet was for the fact that I hate dealing with the TSA. The only reason I had ever started flying was for personal business. Our oldest son once he graduated he joined the Marine corps. And his MOS sent him to California. After two plane trips to California to see him I had enough with commercial airlines. My wife had been bugging me for years to get a plane and I told her if it was something she really wanted that she needed to do all of the homework. She had no problem with that. So about 6 months later we bought our first plane. At that time we bought a used g5 since we were not certain on what we wanted and how we wanted it set up. We got very lucky when it came to the pilot. Once we decided that we wanted to hire him he helped us down the road on picking out more options that would help us to be more comfortable and for him some more safety features. It's something to do with the computers that pilots use. I know nothing about that stuff. A lot of times his family will travel with our family. And whenever he needs to go somewhere for family business he's allowed to take our plane and he always tries to pay me back for the fuel which of course I would not ask. He has gotten up in the middle of the night and flew us across the whole United States just so we could be there when our first grandson was born. So if you are ever considering going down this road make sure you get yourself a great pilot. It makes a whole difference.
It's a beautiful thing having a good team together that are more than just coworkers, more like family. I'm happy for you and your family that's awesome. Your son sounds like a very good young man. You must be very proud. 👍 🇺🇸
@@platinumsky845 a lot of people have knowledge and still living normal, and a lot of people start companies everyday and very tiny percentage of them make it
The cost of the plane is outweighed by the VALUE of time that is saved by going where and when you want to, independent of ground travel delays and time or other people's timetables.
False. What you're talking about is part 135 air charter (in the U.S. anyway). The owner doesn't lease the aircraft from a seller, he leases it TO the charter management company who crews the airplane that the owner still pays for. The cost is just defrayed by the owner being paid a portion of the charter revenue
@@rocketlife9549 Exactly, he's talking shit. The figures were blown out of proportion, but the recap in the end was quite accurate - sincerely, ATP line holder
Missing from this list are: Maintenance Fee - If you own a JET you will need a mechanic or mechanics to oversee all maintenance and keep up with it. Aircraft have calendar items that must be complied with wether you fly it or not. Along with maintenance there are programs you buy into and pay a fee per flight hour that will cover maintenance expenses in engines, and airframe. WiFI - You will need to pay for internet, KA-BAND which is a satellite service can reach astronomical costs. Training - Pilots and Mechanics required training which comes at a cost to keep operating the aircraft.
Like the old saying "if u have to ask u can't afford it." Same with owning your own private aircraft, yacht, or second or third home. One shouldn't consider it unless your financially secure.
I'm not wealthy by no means, just the opposite. Simply lived and experienced what it is personally to be over extended. I see and read where individuals don't truly investigate the cost of major purchases and the expenses to maintain them. So I used the old saying if one has to ask possibly one can't afford it.
For people who use private jets it is for privacy, ease of travel (no tsa, can leave anytime you want, can take other People) and one of the most important things, TIME’
As a pilot , what is so inspiring of owning a jet….it is extremely expensive ,and should be justified of why you need to own one…like when I win the the powerball.. and travel at least 100hrs a yr.
Hi Alux, it is I the SkyWalker writing to comment about this video if I may, very awesome: If I may allow me to say "I really enjoyed this video", SkyWalker plan on purchasing more than one private plane and I found this video quite entertaining when referring to cost associated with private aircraft owning. SkyWalker may not have a need to worry about the associated cost cost of private aircraft owning however the "rundown" on what costs are necessary was pleasant to be informed about. I liked the joke of "putting twenty dollars of gas in your private plane will not cut it" (paraphrasing), I liked hearing about the passenger "per head" cost meaning for each person on a private plane the owner of the aircraft has to pay a fee per person, the landing fee also was interesting to learn about. The de-icing fee was interesting to learn about...one can heat floors in a home why not heat your turbines and the hull of your aircraft, I will have to look into that. In my opinion my incentives for owning several private aircrafts is because I can, also convenience, Alux SkyWalker's plan is own business that branch out beyond the borders of America and with relation to travel I would need to leave when I say "time to go!" For example Alux if SkyWalker need a business associate to be in a certain location SkyWalker need the convenience to have a plane waiting for such associate to go an do what ever need to be done, with that being said Alux if a family member wants to go skiing in Greenland to have more than one airplane would reduce delays in spontaneous travel, regardless of the price Alux owning private aircrafts is awesome. In closing I imagine wanting a "15 expensive things The SkyWalker owns" segment on your channel...from my four thousand dollar slippers, to my planes, to my twenty million dollar Bugatti; this is my dream Alux to have a segment on your channel and I will see such dream come true. Thanks.
From my understanding owning a private jet is a NO NO unless you mint at least $50million every single year. I do not wanna flaunt it on instagram. Besides anyone who makes a lil over $10Mil a year can comfortably charter them for short routes. Realisticly speaking.
That's factually not true, I live up on the east coast and my best friend owns a 1/2 fractional ownership with his partner. He has a Learjet 31a ER , I don't know his exact salary or pay per year but if guess it's close to a million maybe a little lesser but he travels comfortably in the jet, I've been on it a couple of times , he offsets half of the costs by putting it on a part charter program, so this news doesn't stand true unless ur planning to own a gulf stream 650 or a challenger 604 or higher.
@@grapejuiceboy my comment was in the context of gulfstream4's or Dassault Falcon types. Or anything close to the ones used for intercontinental journeys. To own something like a mercury or a learjet you can cut it even with $2mil a year.
@@sameerhinduja7357 yes that's right but even lesser than that, my friend has done a trans Atlantic journey on the Learjet 31 they just had to do a few stop overs and chalk out the roots, the small jets are also capable of doing cross continental journeys, it's just that it has to be planned and it will involve a few stops.
@@grapejuiceboy if you dont min'd me asking? Why on earth would somebody want to do inter- continental journeys on smaller jets when you have to make multiple stops ? The point of owning a plane is to save time and making multiple stops is doing the exact opposite right ?
@@sameerhinduja7357 well he did a cross Atlantic flight when he was on a pleasure tour with his wife, on the contrary he had great fun, they started in New Jersey , landed up in Goose Bay, stopped over at Greenland, then to Iceland and finally into mainland Europe, I don't believe time was the essence here since they were on vacation and besides u get to see so many little places along the way.
Ok, guys, don’t let this ruin your hopes of owning a private jet. The pricing for a pre owned jet isn’t starting at $14 million. However the rest of the pricing quotes are very realistic since hangers in Ontario air port costs $87000/yr. LAX is starting pricing of $160k depending on plane.
... that* doesn't matter. But it does, nobody who is not conscious about their spending will ever become a billionaire. It was Warren Buffet himself to learn that owning a jet costs far more than chartering one. So what he did was to buy the charter service (net jets).
The cost of a thing is the amount of what I will call life which is required to be exchanged for it, immediately or in the long run. Henry David Thoreau
My dad has a private jet. A Gulfstream. He has always said , if it was cheap to own one , he wouldn't bother. He's spoiled and likes expensive things. He's very much a perfectionist and one time my kids started running around on the plane. They threw grape juice the butler had given. They got grape juice all over a few if the seats and carpet. He went ballistic.
😂 classic situation. Even among average folks. That's cool that you were able to take a ride though. Some people never see the world from the air. Have yourself a good day and God bless 👍 🇺🇸
I recall a few yrs back a very large number of private jets parked at the airport on the Big Island of Hawaii during the Easter season. (Not the Hilo side) my reaction was “Whoa”.! I came over on a discount fare on Alaska Airlines ( great service) . BUT , I was very angry few yrs later when I saw a picture of a 747 parked at an airport with my church logo on it . I didn’t buy the story that my church was poor from that day on !
My contribution to my church: $1.00. My contribution to charities I personally deliver the goods to: $XXX.XX. Give as long as your eyes see who receives that.
I know it’s a little bit harder for me to buy a private jet but I’ll do my best and off course one day I’ll buy it and my mom and dad both will proud for that... 😊... Thanks @Alux
It’s not about the monetary equivalent you provide in return for the jet but all the opportunities you give up in order to own it(opportunity cost). That amount of money could be saved, invested in your own business or even a diversified portfolio, think of S&P500 index funds for a positive return on investment. This means you’ll love off your interest and dividends🙌🏻
Very true, however flying can bring new opportunities and enable new business endavors and most importantly save time in which more business actions can be made, so if used wise it can make more profit and benefit business growth
Person Man Man that’s is also a valid point. If you take a 3 hour private flight that costs $40,000 in maintenance and overall if you divide by equivalent units, you Will save time and money but only if you’ve managed to save/make more money meanwhile
Smaller prop planes that can land and take off on grassy fields can be a cost effective alternative to jets. There are some small airplanes that have better fuel economy than some older cars. You can own an airplane without being a millionaire, though depending on your country, costs can vary.
If my business required ownership of a private jet, I would start with the smaller Embraer 300 for all the reasons mentioned in the video. And then I would try to privately split the cost with about 3 other business to minimize the ownership costs.
There are tax benefits also for buying a private jet depending upon the country. This also needs to be calculated while buying one. Like in US, 100% depreciation is available & hence if tax amount is more than jet price, it's makes it more lucrative to buy one.
Being in aviation my entire life and a pilot as soon as I could, there is a glaring omission here. Only a very small percentage of owners start out buying a jet. A jet is usually the pinnacle of the aircraft that they own or have owned. Many jet owners have had between 5 and 10 planes before owning a jet. And $50k USD is NOT what it costs to insure a 172 per year, maybe $5k USD.
Just buy a business or first-class ticket on a commercial jet and you will be fine, save yourself the headaches of all the private jet drama and ceremonies
The idea of owning a pvt jet came long back in my school days back in 1997, when i expressed my desire to own my own pvt jet, and my my teacher told the same things almost as mentioned in this video, as there was no TH-cam channels to tell these things.
SmackItUp-FlipIt-RubItDown its actually pretty close haha, the captain, the crew, the food, the docking fees and parking fees, the cleaning fees, the fuel costs A LOT, the insurance, the services, the toys, the customizations, the water filtering, the running expenses, the crew daily per diem and captain, and so much more :) its just like a private jet in costs but more of a luxury and fun time than a private jet, because once the flight it over, its over! at least with a yacht you get to stay in it how ever long u want
I am in investor interested in media and technological platforms around the world. Flying is in my blood. So I am gonna buy one. But I seem to prefer fractional ownership because I cant manage the jet myself...
Wait a min, a pre owned doesn’t cost $14 million, you are able to purchase a private jet such as Beechjet for under $1.5 million. Got mine for under $700k for a 2000 Beechjet 400A.
Private jets are ok if you have a fleet that caters to high end clients. Then they are assets, they pay for themselves. Otherwise, they're a liability. Research new aircraft engine technology that doesn't require fossil fuels or high maintenance. Just as the internal combustion engine is in the early stages of obsolescence in cars, other modes of transportation will follow. Sooner or later this technology will be developed. The science is already here. The money spent in a year on a jet could be better used investing in the near future of aviation.
I will own a jet when I have to travel alot like 240h OR travel long distance without wasting time ... My favorite manufacturers are Gulfstream & Bombardier
This channel focuses only on materialistic thongs keeping viewers in a skepticle that only this luxury is life.rather, it should focus on an positive character building. Remember, A great character builds a great man and not money.
Why are you on this channel then ? If you want a motivational positive speech go and watch some other TH-cam videos. This channel is based on luxury life style which most of us can't afford.
At 4:04 they mention that the plane holds 800 gallons and goes a distance off about 800 nautical miles but on the screen it actually shows 1800 nautical miles
The perfect time for me would be when I can use it also as an asset to the business bringing in a revenue of some sort, in other words if you have the money, then pay for it and lease it while maintain ownership and use so that it pays for itself.
Can we be a video like this on yachts. I would buy a jet if I had to travel a lot for business and in that case I would buy a smaller plane instead of balling out like my mans Donald Trump.
If my company was a global spanning company, as the owner and CEO, I'd be doing a lot of global travelling, so I'd get a jet of my/my companies own, in fact as it got more wealthier all the board members would each have their own jet as they also would be doing a lot of travelling around the globe. 😎
See if I become a billionaire possibly trillionaire(and I know I can) I'm not gonna see what it takes to maintain my private jet.... I have more productive things to do so that my jet flies and I chill in that jet. My manager and his assistants will take care of it. NOTE: Billionaires Don't do all things on their own. They delegate their work to more smarter people out there in the world. So chill future billionaires. Everything will be taken care of aluxers...
I never even thought that I would ever want to own my own yet, but it seems that it is now possible and I have sat aside 130 million for 5 years so I think I would be safe with that estimate. Why would I want to do this? Because I can.
Should’ve selected one common private plane, selected a location, projected a common year's travels, and cost projected. Would’ve been helpful. Please do a video each for different jets, different cities. Thanks.
Av Shiloh almost nothing in this video is accurate. It’s amazing how popular these types of videos are and they are too lazy to just ask around for a pilot who can actually answer these questions rather than the hours of googling they must have done to come up with this wrong information.
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Hello Aluxers! What would incentivise you to own a private jet?
Mind Mastery: www.alux.com/mindmastery
Get a free audiobook thanks to Audible: www.alux.com/freebook
Thanks to our friends at Audible!
10 Most Expensive Private Jets In The World: y2u.be/x_EtF6NUEE0
Alux.com time saving!
Time saving if it's less efficient to drive myself or for security reasons.
✈️✈️Fly ! Time is also fly 👑
Do a video of which banks do millionaires and billionaires bank with ?
You should do one for ⛵ or owning/running an f1 team.
“Number 1- Private Jets are not cheap”
*Ah yes, the floor here is made out of floor*
Amitoj Singh Chahal 😂😂
😂😂
"Future billionaires like you"
Me: nodding my head
lol
Yes
😂😂lmaaoo
Like Tom😂😂😂 in Tom and Jerry
Lol 🤣
She started with:
"For future billionairs like you...." thank you for the selfestem boost 👍 hahaha, you made a poor man feel better.
Edit : thank you everyone for the likes.
Alux keep uploading more intersting and informative videos
That was a real boost wasn't it! Alux you are the best.
@@DreamRealityMeditationMusic …. Its disgustingly vulgar that a person should be that wealthy.
@@Eric-ye5yz Really it is not because you can help so many people when you take on that amount of responsibility. You can create so many wonderful things when you have money. Money is a gift. You should write down your limiting beliefs. It will help you shape a better life for yourself and others.
@@DreamRealityMeditationMusic …..Wow I thought you were going to challenge me on what I said, but no?
Now you say "You can create so many wonderful things when you have money" I say, then give everyone money! Give everyone the same opportunities.
Then you form opinions of me from nothing ….. yours was not a very successful response to my post.
@@Eric-ye5yz you did imply that having money is a negative thing. Money is energy, once you understand that you will know that no one has the power to give it to you. You create your reality. You create the experience from your inner world and the thoughts that you think. We all do. I don't have an opinion of you.
1. Private jets are not cheap.
2. A Plane needs a storage facility for when it is not in the air.
3. Everytime you land you are charged a landing fee.
4.Fueling an aircraft is different to toping up your car.
5. You need some one to private jet and run it.
6. Each time you take off of land you are liable for airport taxes.
7. Just like a car, a plane needs parts upgraded, repair and regular services.
8. De-icing a jet is intergral, and not an area you should skimping on.
9. Your jet need to be insured.
10. Upgrade and customizations are par for the course
11. Acident to happen.
12. Crew overnight fees can rack up the bills
13. Clean fees are also part of your costs.
14. So what is total the costs.
15. When is it actually time to buy a jets
Thank you so much
@@tommy3989 I saw a show once about selling jets and most people asked about doing that
@@tommy3989 It is a very popular option but for me, cashing out 5 million for fractional ownership, does not work. If I'm going to spend that range of cash on a jet, I want it all for myself rather than sharing it with someone else. Of course, I'm thinking as a private owner, not a private corporation owned by one person. If a jet will go into the company's books, then fractional ownership makes sense. It will be available not only for the owner but for business purposes, sometimes carrying other people than your family - think company car. For a Phenom 300E, an exceptional light jet, it costs around 10 million new and annual expenses of about 1.4 million when flown 400 hrs. So if you have some 22 million to spare, you can have this plane for yourself, customized your way, and you can enjoy it for 9-10 years. Besides, it's single-pilot certified so even you can fly it if you plan to do that.
It’s nice to dream owning a private jet. It’s free. LOL
I just watched ProducerMichael's jet video and this video popped out on my recommendations.
Part4 lol same
Don’t forget he made almost all interior carbon fiber. That’s a hefty option lol
@@edgatti7641 lol
@@edgatti7641 he is a good guy
Same today
The biggest reason we went with a private Jet was for the fact that I hate dealing with the TSA. The only reason I had ever started flying was for personal business. Our oldest son once he graduated he joined the Marine corps. And his MOS sent him to California. After two plane trips to California to see him I had enough with commercial airlines. My wife had been bugging me for years to get a plane and I told her if it was something she really wanted that she needed to do all of the homework. She had no problem with that. So about 6 months later we bought our first plane. At that time we bought a used g5 since we were not certain on what we wanted and how we wanted it set up.
We got very lucky when it came to the pilot. Once we decided that we wanted to hire him he helped us down the road on picking out more options that would help us to be more comfortable and for him some more safety features. It's something to do with the computers that pilots use. I know nothing about that stuff. A lot of times his family will travel with our family. And whenever he needs to go somewhere for family business he's allowed to take our plane and he always tries to pay me back for the fuel which of course I would not ask. He has gotten up in the middle of the night and flew us across the whole United States just so we could be there when our first grandson was born.
So if you are ever considering going down this road make sure you get yourself a great pilot. It makes a whole difference.
It's a beautiful thing having a good team together that are more than just coworkers, more like family.
I'm happy for you and your family that's awesome. Your son sounds like a very good young man.
You must be very proud.
👍 🇺🇸
This channel is good at preparing future billionaires like me.
Note to self: Forget Tokyo.
😂 I don't want to go to China right now anyways.
The CCP might throw you in prison for nothing.😂
The majority of people owning a jet just write off expenses to a business.
Otherwise I wouldn't make sense at all!!!
Therefore is it the tax payer that pays for the wealthy to own and fly there own jet ??? Yes that sounds normal!!!!
I don’t think you guys know what write off means.
@@emilschaffroth6247 ….. I don't think you do.
Eric you got me
The intro alone gave me the confidence to be a billionare
😆bruhh
Brother Lenoah k kk k k
Lol this made my day xD
You don’t need confidence or motivation, you need luck
@@platinumsky845 a lot of people have knowledge and still living normal, and a lot of people start companies everyday and very tiny percentage of them make it
Everybody in my school: Studying for Monday's test
Me: Asking how much it would be to own a private jet
"For future billionaire like you" it's not Alux fault if you don't end up being billionnaire.
Sure.
Ya!
*I take my responsibility & I will be solely be responsible for what decision I take and what happens with me in future.PERIOD.*
If that wasn't true we would all be billionaires
Fake rich: *buys car*
True rich: *buys private jet and uses it as a car*
And write off expenses!!!
The cost of the plane is outweighed by the VALUE of time that is saved by going where and when you want to, independent of ground travel delays and time or other people's timetables.
cant say this vs that there is no classification
Asher Alonso a car collection is never a bad thing.
True Rich for the long run: Charters Private Jet and uses it as a car.
Most private jets are leased and written off as a business expense. The leasing company provides maintenance and repair and a private pilot and crew.
John Azhderian spoken like a true Persian
That’s not true John just like a car if you lease YOU pay for crew and maintenance and everything else
False. What you're talking about is part 135 air charter (in the U.S. anyway). The owner doesn't lease the aircraft from a seller, he leases it TO the charter management company who crews the airplane that the owner still pays for. The cost is just defrayed by the owner being paid a portion of the charter revenue
@@julianfierro7034 ok thanks Julian
@@kenbrand8972 I was responding to the OP
Me: I will own a jet one day
Clicks on next suggestion
Me: that's a good life hack
You made my day😅
It would seem that the TH-cam algorithm knows that you need LifeHacks - the next suggestion on my feed is buying Gold Futures.
I already own two jets, a jet bandsaw and a jet jointer.
Been a long time viewer. Personally, I love this particular video because I'm a pilot myself. Most of this was pretty accurate. Keep up the good work.
Thank you for your support!
@@alux Welcome. Just keep making accurate videos. Sunday motivational are the best.
50,000$ a yr for ins on a 172.....NOT EVEN CLOSE, it isn't even 5000$
@@rocketlife9549 Exactly, he's talking shit. The figures were blown out of proportion, but the recap in the end was quite accurate - sincerely, ATP line holder
RocketLife954 you can find some older 172’s for less than 50k
Missing from this list are:
Maintenance Fee - If you own a JET you will need a mechanic or mechanics to oversee all maintenance and keep up with it. Aircraft have calendar items that must be complied with wether you fly it or not.
Along with maintenance there are programs you buy into and pay a fee per flight hour that will cover maintenance expenses in engines, and airframe.
WiFI - You will need to pay for internet, KA-BAND which is a satellite service can reach astronomical costs.
Training - Pilots and Mechanics required training which comes at a cost to keep operating the aircraft.
👍
One of rich redditors said: "always remember the rule of "Three F": if it flies, floats or f*€ks just rent it."
rent a private jet could go about 10.000 $ an hour or more
Never heard of it but it’s sounds about right
And
What about the gifts that keep on giving if you rent a f**k
I have no f**ks to give, therefore I shall just rent one. :)
Like the old saying "if u have to ask u can't afford it." Same with owning your own private aircraft, yacht, or second or third home. One shouldn't consider it unless your financially secure.
No offense. If you could explain it...
I would like to hear it from you.
I'm not wealthy by no means, just the opposite. Simply lived and experienced what it is personally to be over extended. I see and read where individuals don't truly investigate the cost of major purchases and the expenses to maintain them. So I used the old saying if one has to ask possibly one can't afford it.
Hello alux i am a 16 year old kid planing to start a tech company and invest in real estate
I hope all the people reading this achieve your dreams
Yeah buddy we're there🤞
👍👍👍👍👍Get yours, Vedant! You WILL start that tech company and be extremely successful! Good luck!
@@larrealesh7907 thank you wish you all the best
@@michaelbatts7149 I hope you achieve your goals God bless you
All the best👍👍
This Chanel is for future billionaires like me... Always happy watching this chanel
Dreams of owning a Private Jet but the parking fees turn me down.
The real price of owning a supercar will be an *insane hit*
If someone is earning 300m dollars per year then its not a big deal fr him or her to own a jet(billionaires only)
Just fly Emirates first class for 20k instead of all this
What if you travelling with a crew of 5 - 10 people ?
snake doctor still cheaper than a 30 million dollar jet
Fly business and ask for an upgrade
@@omaralsubael1325 Well if your a billionaire why not buy your "own" private jet. 20k is nothing for a billionaire.
For people who use private jets it is for privacy, ease of travel (no tsa, can leave anytime you want, can take other People) and one of the most important things, TIME’
As a pilot , what is so inspiring of owning a jet….it is extremely expensive ,and should be justified of why you need to own one…like when I win the the powerball.. and travel at least 100hrs a yr.
I can see me owning a jet when my usage of one validates the price I'll pay for it.
Hi Alux, it is I the SkyWalker writing to comment about this video if I may, very awesome: If I may allow me to say "I really enjoyed this video", SkyWalker plan on purchasing more than one private plane and I found this video quite entertaining when referring to cost associated with private aircraft owning. SkyWalker may not have a need to worry about the associated cost cost of private aircraft owning however the "rundown" on what costs are necessary was pleasant to be informed about. I liked the joke of "putting twenty dollars of gas in your private plane will not cut it" (paraphrasing), I liked hearing about the passenger "per head" cost meaning for each person on a private plane the owner of the aircraft has to pay a fee per person, the landing fee also was interesting to learn about. The de-icing fee was interesting to learn about...one can heat floors in a home why not heat your turbines and the hull of your aircraft, I will have to look into that. In my opinion my incentives for owning several private aircrafts is because I can, also convenience, Alux SkyWalker's plan is own business that branch out beyond the borders of America and with relation to travel I would need to leave when I say "time to go!" For example Alux if SkyWalker need a business associate to be in a certain location SkyWalker need the convenience to have a plane waiting for such associate to go an do what ever need to be done, with that being said Alux if a family member wants to go skiing in Greenland to have more than one airplane would reduce delays in spontaneous travel, regardless of the price Alux owning private aircrafts is awesome. In closing I imagine wanting a "15 expensive things The SkyWalker owns" segment on your channel...from my four thousand dollar slippers, to my planes, to my twenty million dollar Bugatti; this is my dream Alux to have a segment on your channel and I will see such dream come true. Thanks.
If it flies, floats or f. Rent it. Do not buy depreciating assets.
🤣
Holy crap i just wet my pants laughing but lordy its all so true
I love Ballers!
Why be normal when you can be the best #dream
That is an awesome thought!!!
"The abundance of a rich man affords him no rest... but the sleep of a labourer is sweet"
From my understanding owning a private jet is a NO NO unless you mint at least $50million every single year. I do not wanna flaunt it on instagram. Besides anyone who makes a lil over $10Mil a year can comfortably charter them for short routes. Realisticly speaking.
That's factually not true, I live up on the east coast and my best friend owns a 1/2 fractional ownership with his partner. He has a Learjet 31a ER , I don't know his exact salary or pay per year but if guess it's close to a million maybe a little lesser but he travels comfortably in the jet, I've been on it a couple of times , he offsets half of the costs by putting it on a part charter program, so this news doesn't stand true unless ur planning to own a gulf stream 650 or a challenger 604 or higher.
@@grapejuiceboy my comment was in the context of gulfstream4's or Dassault Falcon types. Or anything close to the ones used for intercontinental journeys. To own something like a mercury or a learjet you can cut it even with $2mil a year.
@@sameerhinduja7357 yes that's right but even lesser than that, my friend has done a trans Atlantic journey on the Learjet 31 they just had to do a few stop overs and chalk out the roots, the small jets are also capable of doing cross continental journeys, it's just that it has to be planned and it will involve a few stops.
@@grapejuiceboy if you dont min'd me asking? Why on earth would somebody want to do inter- continental journeys on smaller jets when you have to make multiple stops ? The point of owning a plane is to save time and making multiple stops is doing the exact opposite right ?
@@sameerhinduja7357 well he did a cross Atlantic flight when he was on a pleasure tour with his wife, on the contrary he had great fun, they started in New Jersey , landed up in Goose Bay, stopped over at Greenland, then to Iceland and finally into mainland Europe, I don't believe time was the essence here since they were on vacation and besides u get to see so many little places along the way.
The best line that I have heard "THE FUTURE BILLIONAIRES LIKE YOU"..........😁😁😁😁
Future Billionaires...stay wealthy, NEVER BUY...ALWAYS CHARTER.
If you are a billionaire, you dont care about. You prefer commodity. A millionaire shouldnt buy.
Remember Felix' immortal words; "If it flies, floats or..."
Why?
Unless you'd rather not sit and sleep where hundreds of strangers have
@@julianfierro7034, they DO clean them after each use, you know.
I'll can take care of the de-icing fee. I'll get this one guys no worries. You have the rest right? Thanks lol
Ok, guys, don’t let this ruin your hopes of owning a private jet. The pricing for a pre owned jet isn’t starting at $14 million. However the rest of the pricing quotes are very realistic since hangers in Ontario air port costs $87000/yr. LAX is starting pricing of $160k depending on plane.
When you have billions in your bank account that's doesn't matter....vk
Vaibhav Kadam thats right, billionaires like you and me 👌
Billionaires don't so much money in the bank account. They have the bank lol
@NonyaBusiness! that's net worth but he earns $50million if he owned bussiness his net worth would be $1billion assuming 5%margin
... that* doesn't matter. But it does, nobody who is not conscious about their spending will ever become a billionaire. It was Warren Buffet himself to learn that owning a jet costs far more than chartering one. So what he did was to buy the charter service (net jets).
So basically just charter a jet. It's much cheaper and easyer
The cost of a thing is the amount of what I will call life which is required to be exchanged for it, immediately or in the long run.
Henry David Thoreau
wise words
If I had enough money 😂
No, if I fly as much as I dream of, that would incentivive me to purchase my own jet.
Appreciate you guys!
Owing a jet is stupid liability, renting a jet just makes much more sense, nobody can justify these prices except the top 5%...
Well, if you earn 30k+ a year. You are in the top 1% in the world. So what i think you mean, is that it is only for us in the top 0,00247%
My dad has a private jet. A Gulfstream.
He has always said , if it was cheap to own one , he wouldn't bother. He's spoiled and likes expensive things.
He's very much a perfectionist and one time my kids started running around on the plane.
They threw grape juice the butler had given. They got grape juice all over a few if the seats and carpet. He went ballistic.
😂 classic situation. Even among average folks.
That's cool that you were able to take a ride though.
Some people never see the world from the air.
Have yourself a good day and God bless 👍 🇺🇸
7:45 - 'upgrades and custimations'
It's a bottomless pit of $,s when it comes owning one of these , or any other jet . Aviation is expensive .But I would love one .
I recall a few yrs back a very large number of private jets parked at the airport on the Big Island of Hawaii during the Easter season. (Not the Hilo side) my reaction was “Whoa”.! I came over on a discount fare on Alaska Airlines ( great service) . BUT , I was very angry few yrs later when I saw a picture of a 747 parked at an airport with my church logo on it . I didn’t buy the story that my church was poor from that day on !
hahahahahahahaaaaaaaaaaa
If your church has a logo then that would be a clue that it's not a church at all but more of a for profit corporation masquerading as a church.
My contribution to my church: $1.00. My contribution to charities I personally deliver the goods to: $XXX.XX. Give as long as your eyes see who receives that.
I know it’s a little bit harder for me to buy a private jet but I’ll do my best and off course one day I’ll buy it and my mom and dad both will proud for that... 😊... Thanks @Alux
It’s not about the monetary equivalent you provide in return for the jet but all the opportunities you give up in order to own it(opportunity cost). That amount of money could be saved, invested in your own business or even a diversified portfolio, think of S&P500 index funds for a positive return on investment. This means you’ll love off your interest and dividends🙌🏻
Zenperial man how do you know so much
Jason Schwartz self financial education + a business degree😁
Very true, however flying can bring new opportunities and enable new business endavors and most importantly save time in which more business actions can be made, so if used wise it can make more profit and benefit business growth
Person Man Man that’s is also a valid point. If you take a 3 hour private flight that costs $40,000 in maintenance and overall if you divide by equivalent units, you Will save time and money but only if you’ve managed to save/make more money meanwhile
Most people buy one for tax purposes. Then they rent it out.
About choked when "$50,000 per year for all around insurance on a Cessna 172" came out. That's more than the cost of the plane. What the hell?
Ummm..."Citation ex" is not a thing. It's a ten. Citation Ten.
Smaller prop planes that can land and take off on grassy fields can be a cost effective alternative to jets. There are some small airplanes that have better fuel economy than some older cars. You can own an airplane without being a millionaire, though depending on your country, costs can vary.
Would be cool to own both haha 😂
This is BS. The salary costs of the pilots are only that in high in the US. In Europe pilots earn maybe 50k and stewardesses 20k
An experienced Lufthansa pilot makes around €16,000 per month and I don’t see private jet pilots earning less.
If my business required ownership of a private jet, I would start with the smaller Embraer 300 for all the reasons mentioned in the video. And then I would try to privately split the cost with about 3 other business to minimize the ownership costs.
I sold mine due to not trading internationally anymore. Retired and bought a luxury super yacht. No regrets.
For Real??
😂
That's awesome.
How's life on the seas?
👍
There are tax benefits also for buying a private jet depending upon the country. This also needs to be calculated while buying one. Like in US, 100% depreciation is available & hence if tax amount is more than jet price, it's makes it more lucrative to buy one.
The day it pays for itself, Ill have one.
“Private planes are not cheap”
*No shit Sherlock*
Mornin’ ALUXERS!!
The sheer convenience of owning a jet which, for me, would translate to a saving of time, would make jet ownership worth it.
Being in aviation my entire life and a pilot as soon as I could, there is a glaring omission here. Only a very small percentage of owners start out buying a jet. A jet is usually the pinnacle of the aircraft that they own or have owned. Many jet owners have had between 5 and 10 planes before owning a jet. And $50k USD is NOT what it costs to insure a 172 per year, maybe $5k USD.
Remember, this is a fluff piece, no better than a buzzfeed video. Don't expect accuracy.
I would assume that most people own Turboprop before getting into Jets. Wouldn’t a logical upgrade after a Turboprop be something like an SF50.
When she said “ The moment your tires touch the tarmac “ my soul died
Jexter what if the private jet makes a go-around? Or the pilot simply wanted to touch-and-go? Your soul still lives ! :D
Have your company own the jet.
Grant Cardone says buying a house is one of the dumbest investment one could ever make but buying a jet it isn't
Why he say that?
@@okidokiyowyow356 Because a jet takes you to meet people and people got the next money you need
That Saudi Prince who bought an a380 ended up not getting it.
The Saudi Prince did NOT buy an A380. I know this for a fact because he was talking to me about the project and he decided against it.
@@BizJetTV I met him yesterday, he told me he's waiting for Tesla cybercraft
@@sanjayashwin9770 He is actually confined to his home country and is not allowed to leave, so I doubt what you are saying.
Savage You think he is kidding, but look at the Biz Jet TV chanel, he is the real deal and often seen on TV.
@@sanjayashwin9770 cybercraft?
Trips with family will be a dream come true 🔥🔥
I had plan to buy a jet, but after watching this video, I cancelled
u couldnt afford one either way
@@user-fh4he2yj6l :D
@@ghaethwardeh exactly
Just buy a business or first-class ticket on a commercial jet and you will be fine, save yourself the headaches of all the private jet drama and ceremonies
The idea of owning a pvt jet came long back in my school days back in 1997, when i expressed my desire to own my own pvt jet, and my my teacher told the same things almost as mentioned in this video, as there was no TH-cam channels to tell these things.
TOP Of The Morning!
"and then another another 45min of fuel at cruising speed"
Not that simple, depends.
Furthermore it's 30 for jets. 45 for props.
If I ever blow up; I’m buying a jet😊
As long as you don't blow up in the jet.
Carl Rosenzweig - true😂
If I ever blow up then I turn into the airplane's autopilot or someone is going to have sex with me.
If I am not dumb enough to buy a BMW I am not dumb enough to dream of a plane.
Owning a private jet is very Painful. I’d rather own a mega-yacht... less expenses and more enjoyment ⛵️
SmackItUp-FlipIt-RubItDown its actually pretty close haha, the captain, the crew, the food, the docking fees and parking fees, the cleaning fees, the fuel costs A LOT, the insurance, the services, the toys, the customizations, the water filtering, the running expenses, the crew daily per diem and captain, and so much more :) its just like a private jet in costs but more of a luxury and fun time than a private jet, because once the flight it over, its over! at least with a yacht you get to stay in it how ever long u want
@@BIGGELATO True !! Lol
How bout owning both ?
zz zZ thats the goal!
I don't know about that. Mega Yachts bring shit loads of costs too.
I am in investor interested in media and technological platforms around the world. Flying is in my blood. So I am gonna buy one. But I seem to prefer fractional ownership because I cant manage the jet myself...
IDK IF they are a "Future Billionaires" if they are WASTING TIME ON THIS CHANNEL...
totally agreed
Prior planning is very important tho
Wait a min, a pre owned doesn’t cost $14 million, you are able to purchase a private jet such as Beechjet for under $1.5 million. Got mine for under $700k for a 2000 Beechjet 400A.
Nice 👍
How often do you fly?
Me hearing that there's a rolls Royce Garage in a airplane ('0')
Nobody
TH-cam algorithm at 3AM: what if you owned a private jet?
To answer that question...Time!
I'm willing to shell out any money to make the best use of my time!
Private jets are ok if you have a fleet that caters to high end clients. Then they are assets, they pay for themselves. Otherwise, they're a liability. Research new aircraft engine technology that doesn't require fossil fuels or high maintenance. Just as the internal combustion engine is in the early stages of obsolescence in cars, other modes of transportation will follow. Sooner or later this technology will be developed. The science is already here. The money spent in a year on a jet could be better used investing in the near future of aviation.
thats to much problems, Im gonna keep using Delta Airlines
😂😂😂😂😂😂more money more problems
These* are* too* many* problems ...
I will own a jet when I have to travel alot like 240h OR travel long distance without wasting time ... My favorite manufacturers are Gulfstream & Bombardier
This channel focuses only on materialistic thongs keeping viewers in a skepticle that only this luxury is life.rather, it should focus on an positive character building.
Remember,
A great character builds a great man and not money.
Why are you on this channel then ? If you want a motivational positive speech go and watch some other TH-cam videos. This channel is based on luxury life style which most of us can't afford.
1:52 I'm pretty sure his wife's name is Kelly Preston, not Kelly Presley
4:01 says 800 nautical miles, SHOWS 1,800 nautical miles
I’d never buy a jet. No matter how much money I have.
Why?
Farhan TheAce...I don’t fly that much. I’d buy a jet card and be done.
At 4:04 they mention that the plane holds 800 gallons and goes a distance off about 800 nautical miles but on the screen it actually shows 1800 nautical miles
I feel like I own one already 😁
Love how this is a video about private jets and you showed a clip of an An-26, a Soviet cargo aircraft. Very luxurious I hear
Can you please do the same kind of video for yacht please !!
There is no reason to own a yacht. Always lease it.
@@Bdhstl95 just for the fun of owning it!😂
The perfect time for me would be when I can use it also as an asset to the business bringing in a revenue of some sort, in other words if you have the money, then pay for it and lease it while maintain ownership and use so that it pays for itself.
Having that assets to maintain a private jet
Then I'll get a jet
Good mindset!!!
As soon as she said 4 million dollars a year, my heart stopped
Can we be a video like this on yachts. I would buy a jet if I had to travel a lot for business and in that case I would buy a smaller plane instead of balling out like my mans Donald Trump.
Check out "Super Yacht Captain."
@@SpamMouse, Thanks, I will look into it.
If my company was a global spanning company, as the owner and CEO, I'd be doing a lot of global travelling, so I'd get a jet of my/my companies own, in fact as it got more wealthier all the board members would each have their own jet as they also would be doing a lot of travelling around the globe. 😎
First to comments... Alux..
Welcome back!
Alux. Com is the my favourite you tube channel
See if I become a billionaire possibly trillionaire(and I know I can) I'm not gonna see what it takes to maintain my private jet....
I have more productive things to do so that my jet flies and I chill in that jet.
My manager and his assistants will take care of it.
NOTE: Billionaires Don't do all things on their own. They delegate their work to more smarter people out there in the world.
So chill future billionaires. Everything will be taken care of aluxers...
very true
I never even thought that I would ever want to own my own yet, but it seems that it is now possible and I have sat aside 130 million for 5 years so I think I would be safe with that estimate. Why would I want to do this? Because I can.
100% possible
👍
Love the videos!
Welcome Aluxer!
Should’ve selected one common private plane, selected a location, projected a common year's travels, and cost projected.
Would’ve been helpful.
Please do a video each for different jets, different cities.
Thanks.
This video has so much erroneous information, it’s obvious they know little or nothing about aviation.
Av Shiloh almost nothing in this video is accurate. It’s amazing how popular these types of videos are and they are too lazy to just ask around for a pilot who can actually answer these questions rather than the hours of googling they must have done to come up with this wrong information.
Hi “ALUXERS”! Good morning ☀️
Just wanted to say Alux= lifeline 🤩😍💋