The Most Affordable Private Jets in Each Category

The Most Affordable Private Jets in Each Category

Wondering how cheaply you can buy a private jet? Here is a comprehensive list of the most affordable private jets in the world.

The cheapest private jets are older turboprop planes built in the 1960s and 1970s. For example, you can buy a six-passenger 1968 Beechcraft 99 for as little as $165 K.

It depends on how cheap you want to go. These older turboprops are not glamorous, but they are certainly affordable, and plenty are for sale in the market. If you purchase a pre-owned aircraft, hiring an IADA-certified broker to help guide you through the sales process is highly advised. 

Here in this article, we will explore the cheapest private jets you can buy or rent in every category of private jets. You can compare the purchase and hourly rental rates and decide for yourself. Depending on how often you fly, renting a private jet might be much cheaper, saving you a lot of expense and time.

Over the years, our clients have given us positive feedback on several cost-effective planes, including the SF50 Cirrus Vision Jet, Pilatus PC-12, Embraer 100, Phenom 300, and Citation X.

Here is the list of the cheapest private jets in every category worldwide. Please explore the links for each aircraft to learn more about its specifications and backstory.

Turbo Props

• King Air C90GTi ($1.5 million / $1,750 Per Hour): A versatile and reliable turboprop, ideal for short to mid-range flights, offering comfort and speed. New models for purchase can range from $3.5 million to $4.5 million. Pre-owned prices are as low as 1.5 million.

• King Air 100 ($1 million / $2,000 Per Hour): Larger than the C90GTi, it provides increased capacity and range, perfect for longer domestic flights. Older models; new ones aren't manufactured. Pre-owned prices range from $1 million to $2 million.

• Pilatus PC-12 ($2 million / $2,100 Per Hour): Renowned for its versatility, spacious cabin, and ability to operate from shorter runways. New models are around $5 million, while pre-owned can range from $2 million to $4.5 million, depending on the year and condition.

Very Light Jets

• Eclipse 500 ($1.5 million / $2,750 Per Hour): A cost-effective and efficient jet offering speed and luxury for short trips. Pre-owned prices are around $1.5 million to $2.5 million.

• Citation Mustang ($1.8 million / $2,900 per hour): This compact yet comfortable car is excellent for quick business or leisure trips with a small group. Pre-owned prices range from $1.8 million to $2.5 million.

• Vision Jet ($2.5 million / $3,000 Per Hour): The world's first single-engine personal jet, offering affordability without compromising luxury. New models start at $3.3 million, with pre-owned costs around $2.5 million.

Light Jets

• Citation CJ1+ ($2 million / $2,900 Per Hour): This popular choice is efficient, comfortable, and ideal for short—to medium-range flights. Pre-owned prices range from $2 million to $4 million.

• Beechjet 400 ($1 million / $2,950 Per Hour): This aircraft offers a blend of speed, range, and comfort with a spacious cabin. Pre-owned models range from $1 million to $2 million.

• Citation M2 ($3.5 million / $3,100 Per Hour): Strikes a balance between cost and performance with modern avionics and interiors. New models are approximately $4.5 million, with pre-owned at around $3.5 million.

Super Light Jets

• Phenom 300 ($7 million / $4,300 Per Hour): Best in class for range and cabin space, it’s perfect for travelers seeking both luxury and performance. New models cost around $9 million, and pre-owned prices range from $7 million to $8.5 million.

• Learjet 45 ($2 million / $4,450 Per Hour): Known for its speed and range, it is a solid choice for business travel. Pre-owned prices range from $2 million to $3.5 million.

• Learjet 70 ($3.5 million / $4,450 Per Hour): This aircraft offers upgrades in efficiency and comfort over its predecessors, with state-of-the-art interiors. New models cost around $11 million, and pre-owned prices are as low as $3.5 million.

Midsize Jets

• Citation XLS ($5.2 million / $4,300 Per Hour): Combines transcontinental range, first-class cabin luxury, and remarkable performance. New models are around $13 million, with pre-owned prices as low as $5.2 million.

• Citation Excel ($2 million / $4,300 Per Hour): This aircraft provides a spacious cabin and can operate from smaller airports. Pre-owned prices range from $2 million to $4 million.

• Hawker 800XP ($1.5 million / $4,450 Per Hour): Known for its range, speed, and cabin comfort blend. Pre-owned models range from $1.5 million to $2.5 million.

Super Midsize Jets

• Citation Sovereign+ ($5.9 million / $5,100 Per Hour): This SUV offers high performance, extensive range, and a spacious cabin. New models cost around $18 million, while pre-owned prices vary.

• Citation X ($3.5 million / $5,100 Per Hour): One of the fastest business jets, combining speed with comfort. New models can exceed $20 million, with older pre-owned models starting at $3.5 million.

• Praetor 500 ($16 million / $5,500 Per Hour): State-of-the-art technology, comfort, and performance, with intercontinental range. New models are around $17 million.

Large Jets

• Challenger 601 ($2 million / $6,800 Per Hour): Spacious and luxurious, suitable for longer, intercontinental flights. Older pre-owned models range from $2 million to $3.5 million.

• Challenger 604 ($5 million / $7,500 Per Hour): This vehicle offers a large cabin, long-range, and reliability. Pre-owned models range from $5 million to $7 million.

• Challenger 850 ($7 million / $7,700 Per Hour): This model features the largest cabin in its class, providing ultimate comfort and space. Pre-owned models range from $7 million to $10 million.

Ultra Long Range

• Gulfstream GV ($14 million / $10,000 Per Hour): High-performance, long-range, and luxurious amenities for global travel. Pre-owned prices range from $14 million to $16 million.

• Gulfstream G550 ($20 million / $10,900 Per Hour): Exceptional range, cabin space, and technology for an unparalleled flying experience. New models are around $50 million, with pre-owned varying from $20 million to $40 million.

• Falcon 7X ($19.7 million / $11,400 Per Hour): This vehicle features advanced aerodynamics for efficiency, range, and a quiet cabin. New models cost around $50 million, and pre-owned prices start at $19.7 million.

VIP Airliner

• Lineage 1000 ($20 million / $14,850 Per Hour): This aircraft offers the space and flexibility of an airliner with the comfort of a private jet. Pre-owned prices range from $20 million to $30 million.

• Airbus ACJ318 ($21.5 million / $18,600 Per Hour): Combines airline capacity with private jet luxury, suitable for VIP transport. New models can exceed $75 million, with pre-owned around $21.5 million.

• Boeing Business Jet ($46 million / $18,600 Per Hour): Ultimate in space, range, and amenities, akin to a flying luxury home. New models can exceed $80 million, with around $46 million pre-owned prices.

FAQs

What is the cheapest private jet to charter?

The most affordable private jets to charter are typically very light jets like the Cirrus Vision Jet or Cessna Citation Mustang or turboprops like the King Air 100 or King Air 200.

These airplanes offer cost-effective charter options for short trips with limited passenger capacity.

What is the cheapest private jet to buy?

The Cirrus Vision Jet and Eclipse 500 are among the least expensive private jets to buy, with prices starting around $1-2 million. A King Air 100 Turbo prices start at around $500,000.

These airplanes provide a lower entry point to jet ownership but are generally suited for shorter flights with fewer passengers.

What is the benefit of booking an affordable private jet beyond just the cost?

Booking a low-cost private jet can offer benefits beyond affordability, like flexibility in travel schedules, access to smaller airports, and a more personalized, private travel experience than commercial flights.

For more information or to speak with us 24/7, call us at 1-833-444-9494  or send us an email at charter@adventjets.com