OK, admit it. There's something about saying, "Oh, I flew in on the company jet. . . . " That's besides all the productivity and morale benefits some say a corporate craft provides. But how much does actually buying a business plane cost?

According to Sabreliner Corp., the average new business jet will set you back $5 million to $6 million, and the average used jet goes for $500,000 to $3 million. If you go low end, and use your plane four hours a week, annual operating costs are likely to average $300,000.

It's an attractive travel alternative if you can afford it. According to the National Business Aircraft Association, more than 800 used business planes and 220 new ones were sold in 1987.

Still interested? Sabreliner has a free workbook to analyze the costs and benefits of ownership. Write to: Sabreliner, 6161 Aviation Dr., St. Louis MO 63134.