CESSNA Citation VII Price and Operating Costs

Specifications
The CESSNA Citation VII, manufactured from 1992 - 2000, requires a 2 person crew and can transport up to 8 passengers. The aircraft has a maximum operating altitude of 51,000', a normal cruise speed of 452 KTS/520 MPH, and a 1,651 NM/1,900 SM seats-full range. The CESSNA Citation VII has a 5,040' balanced field length and 3,436' landing distance. The cabin measures 05'08" high, 05'06" wide, and 18'05" long. It has a total baggage capacity of 54.00 ft^3; 00.00 ft^3 being internal and 54.00 ft^3 being external.

Pricing
Depending on numerous factors, the average price for a pre-owned CESSNA Citation VII is $1,795,000.00. A $897,500.00 loan over 120 months including $3739.58 per month in interest equates to a $45,003.98 per-period payment. Based on 450 annual owner-operated hours and $6.00-per-gallon fuel cost, the CESSNA Citation VII has total variable costs of $1,489,500.00, total fixed costs of $602,469.00, and an annual budget of $2,091,969.00. This breaks down to $4,648.82 per hour.