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New Gulfstream G700

Kak

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Amazing. Who else wants one?

They make these for a very good reason... People buy them.
 
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Rabby

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Me. I would splurge for a plane that can make international flights. And experienced pilots so I don't die. It could be a while before I'm at that level. ;)
 

PizzaOnTheRoof

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I don't know what I'm more impressed by, the jet or the website...
 

RazorCut

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Looks like a money pit to me. Unless you set up a business leasing it out to others at a profit of course. But with the doom and gloom forecast of the US economy maybe not the best time to be looking at setting up such an enterprise?

Wait until the doom and gloom has hit rock bottom then pick a used one up for cents on the dollar from some poor schmuck who has lost his shirt would be my plan. Then ride high as the market recovers.

Does that make me sound like a cynic?
 

SIDI

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Looks like a money pit to me. Unless you set up a business leasing it out to others at a profit of course. But with the doom and gloom forecast of the US economy maybe not the best time to be looking at setting up such an enterprise?

Wait until the doom and gloom has hit rock bottom then pick a used one up for cents on the dollar from some poor schmuck who has lost his shirt would be my plan. Then ride high as the market recovers.

Does that make me sound like a cynic?
Agree with what you are saying, but can’t imagine anyone buying this as a means to make money. Screams FU to me!
 

Champion

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Besides the fact that im no where near to far enough on my fast lane journey yet, to be able to afford a plane, il have to pass!

Anything other than Airbus or Boeing seems hard to trust lol. I've often wondered if its actually more dangerous to fly with those private jets in comparison to commercial big planes.
 

Kak

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Besides the fact that im no where near to far enough on my fast lane journey yet, to be able to afford a plane, il have to pass!

Anything other than Airbus or Boeing seems hard to trust lol. I've often wondered if its actually more dangerous to fly with those private jets in comparison to commercial big planes.

They are very safe.

Also if you want to save some money you can always go BBJ, Embraer Lineage or ACJ.
 

Scot

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My best friend runs logistics for Gulfstream.. I’ll see if she can “lose” one for ya @Kak
 
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Tourmaline

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It's a little on the small side :hilarious:
 

G-Man

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I tried to buy one.

They said come back when I've got a Gucci belt and at least 500k followers on Insta.

No idea what an Insta is, or why anyone is following it, but I'm still in the economy cabin on delta till I figure it out.
 

The-J

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View: https://www.youtube.com/watch?v=klwz04NDUcM


Why buy a jet? Grant answers here.

As an addendum: imagine you're running a public company and you have to bring your entire C-suite to meetings in several locations around the world. If you flew public, you'd have to block out at least a few days for each meeting, plus hotel costs. Your C suite ain't cheap.

If you chartered, you'd save some time but you don't get to choose exactly when you fly. You fly when they're available, because other people are flying, too. You'd have to be creative.

If you owned the jet, you can go to one meeting, then another, then another... sometimes in a single day or two. Imagine how much overall time (days/weeks, not to mention working hours) you save and the # of deals you can make by simply owning the jet.

It makes sense for a lot of companies. And, of course, it's just cool lol
 
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kkoasdfawfqwe2

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I tried to buy one.

They said come back when I've got a Gucci belt and at least 500k followers on Insta.

No idea what an Insta is, or why anyone is following it, but I'm still in the economy cabin on delta till I figure it out.

Weird, I just flexed the Rolley, gave them my best motivational quote and they put it in my garage for just 500.000 payments of $200.



And indeed my garage is quite big - unfortunately not the driveway...
 

CareCPA

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View: https://www.youtube.com/watch?v=klwz04NDUcM


Why buy a jet? Grant answers here.

As an addendum: imagine you're running a public company and you have to bring your entire C-suite to meetings in several locations around the world. If you flew public, you'd have to block out at least a few days for each meeting, plus hotel costs. Your C suite ain't cheap.

If you chartered, you'd save some time but you don't get to choose exactly when you fly. You fly when they're available, because other people are flying, too. You'd have to be creative.

If you owned the jet, you can go to one meeting, then another, then another... sometimes in a single day or two. Imagine how much overall time (days/weeks, not to mention working hours) you save and the # of deals you can make by simply owning the jet.

It makes sense for a lot of companies. And, of course, it's just cool lol
Not to split hairs here, but if you're large enough that you have an expensive C Suite and a jet, your risk management team probably doesn't allow more than 2-3 of you to fly on the same flight.
 

Rabby

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Not to split hairs here, but if you're large enough that you have an expensive C Suite and a jet, your risk management team probably doesn't allow more than 2-3 of you to fly on the same flight.

That's why you have 2 or 3 of them.
 

G-Man

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Not to split hairs here, but if you're large enough that you have an expensive C Suite and a jet, your risk management team probably doesn't allow more than 2-3 of you to fly on the same flight.
True dat. Ever since the great rental car flip over accident of 2016, me and our CFO aren’t even allowed to ride in a car together.

I didn’t want to cast aspersions on a man much more successful than myself, but my first thought when I saw this was “A jet is a good investment to Cardone because it builds his success selling brand”

Could be wrong, that’s my knee jerk though.
 
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CareCPA

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The-J

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Not to split hairs here, but if you're large enough that you have an expensive C Suite and a jet, your risk management team probably doesn't allow more than 2-3 of you to fly on the same flight.

You'd be surprised. People forgot what happened to Lynyrd Skynyrd and the Polish Government.

Not only that, but you'd own several jets at that point. The biggest companies don't own single jets, they own fleets. Here's a video on Walmart's fleet.

View: https://www.youtube.com/watch?v=jYPrH4xANpU&t=30s
 

Rabby

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CareCPA

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You'd be surprised. People forgot what happened to Lynyrd Skynyrd and the Polish Government.

Not only that, but you'd own several jets at that point. The biggest companies don't own single jets, they own fleets. Here's a video on Walmart's fleet.

View: https://www.youtube.com/watch?v=jYPrH4xANpU&t=30s
Makes sense . I was pulling from personal experience.

I worked for a $2b revenue company that had a jet, their policies were fairly risk averse: the number of executives per flight were limited on the jet, and also on commercial flights. So if you need to get 7 executives somewhere, it's the jet and two different commercial flight plans.
 

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