Steve VarsanoFounder at The Jet Business

Many corporate jet buyers are misinformed.

Name: Many corporate jet buyers are misinformed.
Uploaded: 2024-07-03T20:06:30+00:00
Duration: 38 s
Channel: Steve Varsano
Description: In this monologue, Steve Varsano warns corporate jet buyers and sellers about common misconceptions and hidden risks when purchasing or disposing of…

3 Jul 2024 · 1 min

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In this monologue, Steve Varsano warns corporate jet buyers and sellers about common misconceptions and hidden risks when purchasing or disposing of aircraft. He highlights red flags such as upcoming major inspections, high annual flight hours (over 1,000), unclear maintenance or damage histories, and unfavorable hangar conditions. Varsano emphasizes the importance of providing hard facts and realistic market valuations rather than short‑term feel‑good pricing. He advocates a transparent approach that may involve a slightly higher upfront cost but ultimately delivers significant long‑term savings for the buyer.

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Many corporate jet buyers are a bit misinformed. We always try to guide them in the right direction. Sometimes individuals wish to dispose of a jet that has a few minor issues: a major inspection coming due, flying time over 1,000 hours a year, maybe unclear maintenance records, maybe unclaimed damage history, or even an unfriendly hangar environment. One of my favorite sayings to people is, "I'd rather you hate me today than in 6 months." We like to provide you with hard facts, real market valuations, not just something to make you feel good. We'll give you a realistic price estimate and help you save in the long run. So next time, if we provide a slightly higher upfront cost, it'll ultimately result in a significant long-term savings.