What are the rules for buying/owning a former military jet? I think the rule is that you cannot own a US aircraft that was once armed (after a certain year). So you can buy an T-38 easily, but not an F-5E. However, I know there are some exceptions to that. I've seen some F-5's for sale, and I think there is a private F-4 flying also. It seems that it gets fuzzier with foreign jets. Can you own pretty much anything foreign that flies? I know there are guys with older Migs (I think maybe even one on this board?), but if you found a deal on a newer gen Mig, could you buy it? And, since the US has a habit of selling it's fighters to countries that sometimes cannot afford to keep them around, or decide to upgrade, can you buy one of those jets (just as an example, Iran bought F-14's from America).