Here’s why it’s time to buy a private jet

private jetGetting your own private jet has never been easier. If you’ve had sticker shock in the past, it’s time to start shopping again. Prices have dropped severely, which means you now have a chance to travel without the rabble.

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.