(mellow music) - [Narrator] In this video,
I'm going to tell you how you can buy a commercial
plane, how much it costs, and why that may not be the best idea. There are some pretty
crazy price differences and some planes are effectively worthless, despite costing half a billion dollars. So buckle up, and let's get shopping. (upbeat music) Here are the timestamps for each category. And here's a call to action to
subscribe and a like button. Okay, now we can start. 2020 is a great time for
a fresh new beginning. And if you are thinking of
jumping into the airline game, you can pick up some
jets for a sweet deal. But how much do you need
to actually put aside to buy an aircraft and which
plane is the cheapest today? Before you buy, it's worth pointing out how airlines themselves
expand their fleets. Here's the thing, most airlines don't actually own their aircraft. They do what is known as a lease buyback. Buying the aircraft off Airbus or Boeing and then selling it to a leasing firm. That way, they can
slowly pay off the plane and still have the capital for operations. But leasing can be taken so much further. Airlines can also wet lease
aircraft from a leasing firm. This means that they are
hiring not only the plane, but the crew, fuel, and even
the airline certificate. Technically at this
level, there is nothing stopping you tomorrow from
launching an exciting route from why Arizona to
why not North Carolina. But what is the actual
value of an aircraft today. We see that airlines spend
billions of dollars on airframes, but what is their order actually worth? Let's go from smallest to
biggest with this year's figures. Again, this is not the list
prices of the aircraft, but what the planes are
actually worth today in 2020. The first on our list is
the Airbus A220 series, that can be owned outright
from 29.7 to $35.3 million or leased for around about 250K. The bigger A220-300 can
be owned for $34 million and leased for around
about 300K per month. Pretty good for a brand
new 100 seater aircraft. Next up we have the short haul Boeing 737 and Airbus A320 series. These aircraft are perfect
for domestic city trips, like New York to Chicago
or Melbourne to Sydney. Starting on the Boeing side,
we have the Boeing 737-700 for 37.5 million. The Boeing 737-800 for 47 million, and the Boeing 737-900 for $49 million. It turns out that the Boeing 737-900 is worth almost double the 737-800, and a better investment for
leasing in the long run. You will notice that the Boeing 737 Max is absent despite having a list price of around about $120 million. This is because the
aircraft is still grounded and thus worthless to airlines. As for the Airbus series, we have the A319 which is worth around about $36 million. The Airbus A320, which is worth anywhere from 2 million to 43 million depending on age and condition, and the Airbus A321, which is also worth 10
million to 50 million. These can all be rented for around about the same price of $300,000 per month. Then of course we have the latest version of the A320, the neo
series which is worth 40 to $49 million brand
new or could be rented for around about the same
price as the earlier models. This is because the aircraft
can still technically perform the exact same function for airlines. And the savings aren't really worthwhile for lease companies to
make a cut in the price. But of course we should
mention the Airbus A321XLR, which stands for the
ultra long range version, which can't be leased yet but only bought for $142 million dollars in list prices. This aircraft hasn't
reached the market yet, but it is a game changer
at the longest range single aisle, narrow body on the market, with a range of 4700 nautical miles. That's it for the short
haul narrow body aircraft. Now it's time to look at the
big boys, wide body aircraft. (upbeat music) Continuing with Airbus, we have the Airbus A330-200 and A330-300, worth around about 14 to
$18 million brand new, and rented for around about 600K. There are also the two
neo versions of the A330, which can be bought new for
around 300 million US dollars. There isn't a secondhand
market for the a 330 neo yet, so you can only lease
them or get them cheap. Although judging by the terrible sales of the Airbus A330-800neo, you could probably still pick that one up for a pretty penny. Back to Boeing, we have the
Boeing 767-300 extended range, which can be bought depending on condition from $3.2 million, all the
way up to $35.5 million. And rents for roughly half
the price of the Airbus A330. The Boeing 767 can't be bought brand new unless it's a cargo aircraft,
which we'll get into later. Now for the Boeing's new wide
body line the Dreamliner. The Boeing 787-8 can be
bought up for $124 million and rented for around about
a million dollars a month. The Boeing 787-9 is a
little bit more expensive, with a minimum price of $99 million. The Boeing 787-10, which has
a list price of 338 million doesn't actually have a secondary market since it's still quite new. A bigger version of the
787 is the 777 series. The earlier versions can go for around about 12 million to 44 million and rent for roughly the same
price as the Airbus A330. However, the Boeing 777-300ER goes for a minimum price of $50 million, which is pretty staggering
considering how old it is, and rents up to $1.3 million a month. This is because the aircraft
is still very flexible and very popular, making up a roughly half of Emirate's fleet. And we also have to mention
the soon to be flying in our skies, Boeing
777x, which can be yours for the low price of
$442 million list prices. Again, it's likely that
airlines are paying half of that list price at market,
but there is no option to get it cheaper anywhere else. Now for the upper end
of the Airbus market, We have the new Airbus A350. The A350-900 goes for 100
and $4 million brand new up to 154, and rents for
a million dollars a month. The Airbus A350-1000 has a
list price of 366 million, and there isn't really
a second hand market for the type yet. So again, airlines can't get a bargain. Now for the final event,
the big jumbo jet prices. Now these aircraft are the biggest but they have the most
crazy price differences when you look at their cost price and how much they're actually worth. Starting off the former
popular Boeing 747-400 can be bought for as
little as $3.3 million, up to $9.6 million, and rents
for only 180K per month. The Boeing 747-8I, the most
recent advanced version of the Boeing 747, is $400 million new. But there isn't much
of a second-hand market to snap up the aircraft today. Now for the biggest
reveal, the Airbus A380 is worth new 444 million, the
most expensive on this list. Yet today, it can only be
bought for $66 million. Renting for the same
price as a Boeing 747-400, just under 200K. (mellow music) Now these numbers actually assumed as the second-hand market,
but in many cases like the Airbus A380 there's simply no buyers, despite having such a cheap price. This means that the aircraft are just ending up in the scrap heap. The fascinating thing
about this list price is that many of these bigger
aircraft can be bought and operated for far cheaper than smaller and more fuel efficient aircraft. An airline could buy up a
fleet of Airbus A380 aircraft for almost nothing, compared to having the same fleet of
Boeing 787-8 Dreamliners, and yet being able to
transport nearly four times as many passengers per plane. There are some aircraft
missing from this list, but the market is so small for them that I've omitted them right now, like the Airbus A300 and the Boeing 757. If you wanna know how
much a light aircraft under 100 seats costs, and
what freighter aircraft to go for in 2020 today, then
I've released a second video that you can see here. This market is a little bit different and I realized it would be a bit too much to fit into this video. And I've also included a
complete list of all the aircraft with their worth prices below. Thanks for watching. Don't forget to leave me a comment below or if you like, subscribe. See you next time. (mellow music)
