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Increased fuel costs and decreased corporate profits have created a surplus of private jets for sale. Now could be the time to find a great deal on a new or used private jet. Be sure to ask for full maintenance reports when examining a plane. Some may have low prices because their engines are nearing major repair or replacement milestones; federal regulations require most engines get comprehensive service after 1000 hours of flight time, which could cost thousands in maintenance repairs that are not reflected in the sticker price. Having a trusted airplane mechanic look at the plane prior to sale can help avoid these unforeseen costs.

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