Cessna 208 Caravan Price and Operating Costs

Specifications

The CESSNA 208 Caravan, manufactured from 1985-2019, requires a 1 person crew and can transport up to 9 passengers. The aircraft has a maximum operating altitude of 30,000', a normal cruise speed of 175 KTS/201 MPH, and a 317 NM/365 SM seats-full range. The CESSNA 208 Caravan has a 2,003' balanced field length and 1,915' landing distance. The cabin measures 04'06" high, 05'04" wide, and 12'09" long. It has a total baggage capacity of 32.00 ft^3; 32.00 ft^3 being internal and 00.00 ft^3 being external.

Pricing

Depending on numerous factors, the average price for a pre-owned CESSNA 208 Caravan is $1,400,000.00. A $700,000.00 loan over 120 months including $2916.67 per month in interest equates to a $35,100.60 per-period payment. Based on 450 annual owner-operated hours and $6.00-per-gallon fuel cost, the CESSNA 208 Caravan has total variable costs of $408,600.00, total fixed costs of $212,188.00, and an annual budget of $620,788.00. This breaks down to $1,379.53 per hour.

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