7 Cheapest Private Jets You Can Buy

7 Cheapest Private Jets You Can Buy

Private jets are affordable nowadays than ever before. So, if you have been looking for a private jet, sit back, relax, let’s look at some of the cheapest private jets out there. 

Wait, this list is not exactly in the order of prices, because of the increasing demand for private jets recently,  prices can be unpredictable, but even if prices go up or down, these will remain the cheapest. 

Honda Jet 

Honda Jet 
Honda Jet 

The Ha-420 Honda jet was introduced to the market back in 2015, as a light business jet produced by the Honda Aircraft, which is the first aircraft developed by Honda. 

This is the most unique light jet, private jet, personal jet, small jet, anything that has “jet” in it, not including jetliners, particularly because of its nose section that looks like some nice shoes, its lavatory, despite its relatively small size (it’s the only very light jet with a lavatory), then the over the wing engine mount, which is it’s most unique feature. 

Most times I feel like aircraft companies are just copying each other, but you can’t confuse the Honda Jet with another jet. 

The Honda Jet over the wing engine mount configuration was designed to maximize space by removing the structure required to mount engines on the rear of the fuselage, and because of this peculiar design, the Honda jet offers a lot more room inside the cabin and makes the jet quieter than competitors because the engines are detached from the body of the plane. 

It is powered by two GE Honda HF120 turbofan engines, each pumps out about 2000 pounds of thrust, burning a combined 104 gallons per hour.

The HondaJet is faster than any business jet in its class with a maximum cruise speed of 422 KTAS at 30,000 feet for the Elite S model and has a maximum range of 1437 nautical miles, and the cabin can accommodate six passengers including one or two pilots, but there is an optional seven-seat layout that adds a side-facing seat across from the main door. 

The Honda Jet is available for purchase at $4.5 million, but if you want the Elite version, it will cost you around $5.2m, but if you look into the used market, you will find one for around $2.5 to $3m

Embraer Phenom 100 

Embraer Phenom 100 
Embraer Phenom 100 

The phenom 100 is the cheapest product you can get from Embraer, which debuted in 2008. Embraer describes the phenom 100 as an entry-level private jet (which is obviously what it is) with next-generation technology. 

The Phenom 100 incorporates some serious style, comfort, performance, and reliability, and it is powered by two rear-mounted Pratt & Whitney Canada PW617F1-E turbofan engines, which pump out 1730 pounds of thrust each, which helps the phenom 100 to go to the maximum cruise speed of 400 knots. 

The maximum fly range the phenom 100 can achieve is 1178 nautical miles, which is a little over 2000km. 

The best thing about this jet is that the airframe contains around 20% composite materials, which makes it a little lighter (relatively), giving it a great strength to weight ratio, with a structural life is 28,000 flight cycles or 35,000 hours. 

This jet is designed with the highest and widest cross-section in its category, so it can sit four passengers in normal configuration, up to seven with a single crew. 

Because of the innovative oval cross-section of the fuselage, this jet provides more head and legroom than its competitors. 

With the choice of 11 collections of interior design, you can really make the aircraft your own luxury paradise in the sky, and according to the manufacturer, the Phenom 100 windows are also the largest among entry-level light jets allowing each passenger to be bathed in luxurious natural light.

Getting this jet brand new will cost you about $4m, but if look into the used market, prices range between $1.5m and $2m for the early models. 

Stratos 716x

Stratos 716x
Stratos 716x

This jet has been in development long before many of us fell in love with aviation, well I don’t know what the manufacture is doing, but this jet is a game-changer. 

It will not only shake the market of single-pilot jets, but with its superior performance, the Cirrus Vision jet will be in trouble when it’s finally in production.

Whether you refer to it as 714 or rebranded 716x, the 716 is basically the 714, but longer and wider to accommodate more passengers and payload. 

This jet was designed with the owner-operator in mind, focusing on simplicity and docile flight qualities for ease of operation. 

The Stratos 716X´s engine thrust acts close to the aircraft’s center of gravity, contributing to the design objectives of easy handling and low pilot workload. 

As a Very Light Jet, emphasis has been placed on making the Stratos 716X handling simple and predictable with gentle stall characteristics. 

The 716X is designed from the ground up to make exceptional performance enjoyable. 

This jet combines the range and speed of a high-performance twin-engine light jet with a short field takeoff capability of a single-engine turboprop aircraft. 

This jet is powered by the Pratt & Whitney Canada JT15D-5, which helps it to cruise at 400 knots, with about 2000 miles of range with full fuel a few passengers, at maximum payload, the 716 can only go 1356 miles, or 1178 nautical miles.

Currently, you can only get the 716 as a kit, which takes about 2500 hours to build. Everything will cost you about $2.5m

Cessna Citation Mustang 

Cessna Citation Mustang 
Cessna Citation Mustang 

The Citation Mustang is best utilized for shorter flights and is one of the most economical private jets out there. The mustang has the smallest cabin in its class, which measures 9.8 feet long, 4.6 feet wide, and 4.5 feet tall, giving it a total cabin volume of 210 cubic feet, which is typically comfortable for 4 passengers, but the maximum seating configuration is 6. 

It features oval windows, all leather reclinable club seating. The interior feels more like a high-end sporty sedan, more than inside of a compact light jet.

Using two Pratt & Whitney Canada PW615F turbofan engines, which pump out 1,460 pounds of thrust each, the Mustang cruises at 340 knots economy cruise, but if you throttle it up, it can go as fast as 420 knots, with a range of over 1343 miles. 

It has a service ceiling of 41,000 feet, allowing you to fly over inclement weather, and the cockpit is equipped with a Garmin G1000 avionics, which is one of the best out there. 

Cessna pulled the mustang from the market in 2017, so you can only get a used model of anything around $1m to $2.5m, depending on the year it was built. 

Eclipse 500

Eclipse 500
Eclipse 500

This jet was introduced to the market back in 2006, and it is the first very light jet in the world. 

That time, Eclipse Aerospace sold it for only $500,000, because their dream was to make jets as affordable as possible, but unfortunately, it was a dream that lived for a short time because the company went out of business. 

Production of the Eclipse 500 ended in October 2008 due to a lack of funding, just two years after it entered the market. 

The cabin of this jet is pretty small and automobile-inspired, it measures 12.3 feet long, 4.7 feet wide, and 4.2 feet tall, which gives it a total cabin volume of 109 cubic feet, making it comfortable for 4 passengers, with the maximum configuration seating 5 with one pilot in the cockpit. 

Using the Pratt & Whitney Canada PW610F turbofan engines, this jet can fly for a maximum range of 1294 miles and a maximum speed of 430 mph or 370 knots, making it perfect for trips around 800 to 1000 miles. 

Since this jet is no longer in production, you can only get a used model less than $1m, but with this current surge of private jet demand, prices can be unpredictable. 

Cirrus Vision Jet 

Cirrus Vision Jet Range
Cirrus Vision Jet 

This private jet is the smallest and the cheapest private jet you can get right now. It measures just 30.7 feet long, with a wingspan of 38.7 feet. The enclosed cabin measures 5.1 ft wide and 4.1 ft high. 

It can seat up to seven occupants. The cockpit, second and third rows each seat two, and an extra seat slides between the second and third row, but the third row is only large enough to accommodate children.

The SF50 is the first jet to come with a whole-aircraft ballistic parachute, making it the safest aircraft in the light jet category. 

It is designed around the largest cabin in its class, the carbon fiber fuselage creates spaciousness, with unexpected head and shoulder room and panoramic windows for an immersive experience. 

It is powered by Williams FJ33-5A turbofan engines, that produce 1846 pounds of thrust, which helps the Vision jet to cruise at 311knots, with a range of 1381 miles at full fuel, but if you fill-up the seats, you will have to carry less fuel, which drops the range to 690 miles, making it perfect for super short trips. 

Prices start from $1.9m for the first-generation model, but if you want the G2 model, the base price is $2.3m, reaching $2.75m with options. You can get it around $1m to $2m range in the used market, I have seen one listed for $3.5m, which is higher than what Cirrus sells them brand-new, well that’s what increased demand can do, and if you want to buy from Cirrus, you will be waiting from months to years. 

Learjet 60 The Learjet 60 is an improved version of the Learjet 55, with a longer fuselage and more powerful turbofan engines, which have been in the market since 1993.

So, if you want some extra speed, some extra room to carry passengers, and go farther, go for the Learjet 60. Unlike other jets in this list, you do need two pilots to fly this jet.

It is powered by two Pratt & Whitney Canada PW305A turbofan engines, which produces 4,600 pounds of thrust each, making this Learjet one of the fastest climbing jets in the world, it doesn’t just take off, it blasts off of the runway like a rocket, it will ascend to 41,000 feet from sea level in less than 20 minutes, with a climb rate of over 4000 ft/min. it has a maximum range of 2773 miles or 2,410 nautical miles and a maximum speed of 463 knots. 

The fuselage was stretched 43 inches yielding an 18-inch longer cabin and more legroom. Cabin width is a fraction under six feet, and these dimensions make it comfortable for eight passengers with a maximum configuration seating of nine. 

A Learjet 60 nowadays can go for around $1.75 million to $3m in the used market, making it the cheapest private jet on the list.

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