The cost of a private jet depends on several factors, including the size and model of the aircraft, its age, maintenance condition, interior configuration, engines, and amenities. Private jets that are older or do not have modern amenities will typically cost less than newer models with more features.
For example, an old, small, and simple turboprop aircraft may cost as little as $1 million, while a large, new, long-range business jet could easily cost $30 million or more.