Private jet expert destroys noob!

less than 1m read

·Nov 3, 2024

So, I've always wondered how much you need to be making to comfortably own a private jet. This 20-year-old Citation X will run you $5.8 million and carries eight passengers.

Okay, so this is not a Citation X. That's the first. This guy doesn't know what he's talking about. It's a Roman nual X, which is called a Citation 10. Because all citations are Citation 1, 2, 3, 4, and 5, so it's a Citation 10.

The airplane is the fastest jet made for many, many years at .92 Mach, which is almost 92% of Mach speed. The airplane has been a very popular airplane if you need to really get speed.

Unfortunately, you know with speed, you're getting operating costs which are a little bit higher than a normal airplane. But generally, the airplane was a very good airplane.

But now it's become a very high maintenance costing airplane. Taxes, your total cost to own will be $6.2 million. Let's put 20% down.

So, that means we need a loan for—you're not going to be able to put 20% down, 'cause no bank will finance an airplane that's 20 years old. $5 million, and that means our monthly payment is going to be 94.

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Private jet expert destroys noob!

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