CESSNA Citation Sovereign Price and Operating Costs


Specifications
The CESSNA Citation Sovereign, manufactured from 2004 - 2013, requires a 2 person crew and can transport up to 9 passengers. The aircraft has a maximum operating altitude of 47,000', a normal cruise speed of 459 KTS/528 MPH, and a 2,589 NM/2,979 SM seats-full range. The CESSNA Citation Sovereign has a 3,714' balanced field length and 2,953' landing distance. The cabin measures 05'08" high, 05'06" wide, and 25'03" long. It has a total baggage capacity of 135.00 ft^3; 35.00 ft^3 being internal and 100.00 ft^3 being external.


Pricing
Depending on numerous factors, the average price for a pre-owned CESSNA Citation Sovereign is $8,750,000.00. A $4,375,000.00 loan over 120 months including $18229.17 per month in interest equates to a $219,378.75 per-period payment. Based on 450 annual owner-operated hours and $6.00-per-gallon fuel cost, the CESSNA Citation Sovereign has total variable costs of $1,367,100.00, total fixed costs of $696,809.00, and an annual budget of $2,063,909.00. This breaks down to $4,586.46 per hour.

RANGE:
2,589 NM / 2,979 SM
SPEED:
459 KTS / 528 MPH
PRICE:
$8,750,000.00
MAX PASSENGERS:
9 people
CESSNA Citation Sovereign
Flying 450 Hours per Year
Flying 450 Hours per Year + 200 Charter Hours
Annual Owner Hours
450
450
Annual Charter Hours
-
200
Fuel Cost
$6.00
$6.00
Total Fixed Cost
$696,809.00
$248,009.00
Total Variable Cost
$1,367,100.00
$1,367,100.00
Annual Budget
$2,063,909.00
$1,615,109.00
Total Hourly Cost
$4,586.46
$3,589.13

CESSNA Citation Sovereign

Retail High/Low/Average
Highest Price Found
$8,750,000.00
Lowest Price Found
$8,750,000.00
Average Price
$8,750,000.00
Avg. w/o High & Low
$0.00
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