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Here's why it's time to buy a private jet
The latest from FT.com is that "[p]rices of some of the world's best known business jets have plunged to remarkable lows as the stumbling global economic recovery puts a brake on spending by even the wealthy." The implication, of course, is that you can make someone else's loss your gain.
So, what do you want? A Learjet? You can score one that's a year old for a mere $8 million – as opposed to the $13 million price tag hanging on a new one. How about a Cessna Citation XLS? You're looking at a cost savings of around $4 million.
If you were on the fence about shelling out for a private jet, it's pretty clear that the market is sending you a message right now.