Steve VarsanoFounder at The Jet Business

Private jet expert reacts to Grant Cardone.

Name: Private jet expert reacts to Grant Cardone.
Uploaded: 2023-11-30T11:30:59+00:00
Duration: 31 s
Channel: Steve Varsano
Description: In this short YouTube clip, Grant Cardone outlines three pieces of advice for first‑time private‑jet buyers, while a host (Speaker A) reacts and expands…

30 Nov 2023 · 1 min

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In this short YouTube clip, Grant Cardone outlines three pieces of advice for first‑time private‑jet buyers, while a host (Speaker A) reacts and expands on each point. Cardone’s first tip stresses that a buyer should be able to afford the jet outright, suggesting the ability to pay cash for two aircraft as a benchmark and warning against taking a loan. The second tip advises purchasing a jet larger or more capable than the buyer initially thinks they need, emphasizing greater range, capacity, and the tendency of owners to fly more often—about 50% more—once they have a plane. The third tip reminds buyers to be prepared to keep and maintain the aircraft, implying that ownership is a long‑term commitment and that losing the jet would be a significant loss. The host concurs, summarizing the advice and noting the increased flexibility and usage that comes with ownership.

3 tips on buying your first jet. Oh, I gotta hear this one.
You gotta be able to afford it. That would probably mean you need to be able to pay for 2 of them in cash. If you gotta take a loan to do your first deal, you're not ready yet, okay?
You don't have to afford 2 jets to buy one. That doesn't make any sense.
Number 2, buy bigger than you think you need. Number 3—
Buy bigger than you think you need. That's probably true because when you have an airplane, you start really extending your limits than you would normally. So most people that own airplanes usually fly 50% more than they do without owning an airplane because the flexibility and the easiness of doing it.
You gotta know that you can keep this bird. You don't want to give one up. Once you get one, that's why I'm telling you, pay attention to number one and you'll never lose your bird. Because if you lose your bird, how you gonna tell your bird that you lost your bird? Okay, 3 tips. Stay tuned for more.
Okay, he's right. You have to have enough money to own the airplane. You should buy bigger than you think you need. Not necessarily bigger, but more capability, range, and things like that. Once you own an airplane, you start extending your limits. You want to fly further with more people more frequently.