Steve VarsanoFounder at The Jet Business

How to sell a $45,000,000 private jet.

Name: How to sell a $45,000,000 private jet.
Uploaded: 2024-07-13T20:07:23+00:00
Duration: 49 s
Channel: Steve Varsano
Description: Steve Varsano breaks down private jet pricing: a new Gulfstream G500 runs $36-$46 million with newer tech but shorter range, while a G550 from 2004 costs…

13 Jul 2024 · 1 min

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Steve Varsano breaks down private jet pricing: a new Gulfstream G500 runs $36-$46 million with newer tech but shorter range, while a G550 from 2004 costs $13 million versus $25-$32 million for 2015-2018 models. The same core technology spans nearly two decades, so price mostly reflects age and market demand.

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The cheapest one, maybe you find $36, $37 million to a new price, which is probably about $46 million. Okay. So a G500 is a lot more money than the 550. It doesn't have as much range, but it's a newer technology airplane.
And if you had to advise me for G550, 2015, '16, '17, '18 is the same approximately?
Yeah, from the 2004 to 2021, They're all the same technology. The G550 between 2015 and 2018, the price is around $25,000 to $32,000.
Which model?
For 2015 to 2018 G550.
But you said it's between $13,000 and $32,000.
The beginning G550 started in 2004.
Ah, from 2004.
Yeah.
Okay.
So if you want 2004, you can get one for $13,000. If you want 2015 to 2018, it's $25,000 to $32,000.
Do you have anything available?