10 Honda HA-420 Honda Jet - $4.5 million private jet under 1 million Style – Tony Blair Rents £30million Private Jet – £7,000 an hour Image details Width: 800px, Heigth: 361px, File size: 100647Byte, File type: image/jpeg The cost is about US$48 million for BBJ1 (Boeing 737 700). The Citation Jet is a light jet that is not only fairly inexpensive to … private jet under 1 million Style – Tony Blair Rents £30million Private Jet – £7,000 an hour Image details Width: 800px, Heigth: 361px, File size: 100647Byte, File type: image/jpeg The cost is about US$48 million for BBJ1 (Boeing 737 700). Starting in about 2008, one could buy a Gulfstream II for $500,000. So you would have to fly into Van Nuys instead. Considering all of these factors, our recommendations regarding the most affordable private jets are as follows: The Citation Jet- A legacy Citation Jet could possibly be purchased for as little as $1 million. Get the Data. Don’t forget the operating costs though. It costs $2 million, parachute included . Here is a list of the top 10 cheapest entry-level luxury jets. The reason is some airports don't allow them anymore, because of noise ordinances. It does not have to be one of those giant planes from Boeing or Airbus that oil sheikhs are fond of purchasing. An A380 will cost around $160,000 to fuel. Eclipse 400 – $1.2 million Via avionale.com The single-jet powered Eclipse 400, a Very Light Private Jet (VLPJ) can fly a typical distance of 1,256 nautical miles (1 nautical mile= 1.15 miles or 1.852 kilometres) and can reach a max cruise speed of 380 mph with only four passengers – … by Peter Valdes-Dapena @peterdrives May 22, 2017: 9:23 AM ET . Don’t forget the operating costs though. The world of high flying jets is reachable for few, but for those willing and able to spend tens of millions of dollars, there's much that money can buy. Get all … This is the cheapest private jet … I flew the newest personal jet. Considering a Gulfstream G6 cost US$65 million, you can begin to see why it might be difficult to produce a private jet for US$1 million. Long-range private jets (range greater than 10,000km) can be purchased for upwards of $39 million (Gulfstream V) to $402 million (Airbus A380 Private Jet). Here is a list of the top 10 cheapest entry-level luxury jets. Read more about Now, low-cost private jets for $1.5 million on Business Standard. Long-range private jets (range greater than 10,000km) can be purchased for upwards of $39 million (Gulfstream V) to $402 million (Airbus A380 Private Jet). The Five Best Bargain Business Jets under $10 Million [SLIDESHOW] Embraer and Cessna offer a smorgasbord of private jets that won’t break the bank… An A380 will cost around $160,000 to fuel. The reason is some airports don't allow them anymore, because of noise ordinances. You can do away with all these by having your own luxury jet. 10 Honda HA-420 Honda Jet - $4.5 million