Cessna Citation 500 Price and Operating Costs


Specifications


The CESSNA Citation 500, manufactured from 1972 - 1976, requires a 2 person crew and can transport up to 5 passengers. The aircraft has a maximum operating altitude of 41,000', a normal cruise speed of 332 KTS/382 MPH, and a 911 NM/1,048 SM seats-full range. The CESSNA Citation 500 has a 3,851' balanced field length and 2,736' landing distance. The cabin measures 04'04" high, 04'11" wide, and 12'08" long. It has a total baggage capacity of 57.00 ft^3; 40.00 ft^3 being internal and 17.00 ft^3 being external.


Pricing


Depending on numerous factors, the average price for a pre-owned CESSNA Citation 500 is $375,000.00. A $187,500.00 loan over 120 months including $781.25 per month in interest equates to a $9,401.95 per-period payment. Based on 450 annual owner-operated hours and $6.00-per-gallon fuel cost, the CESSNA Citation 500 has total variable costs of $1,201,500.00, total fixed costs of $475,425.00, and an annual budget of $1,676,925.00. This breaks down to $3,726.50 per hour.

RANGE:
911 NM / 1,048 SM
SPEED:
332 KTS / 382 MPH
PRICE:
$375,000.00
MAX PASSENGERS:
5 people
CESSNA Citation 500
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
$475,425.00
$556,625.00
Total Variable Cost
$1,201,500.00
$1,201,500.00
Annual Budget
$1,676,925.00
$1,758,125.00
Total Hourly Cost
$3,726.50
$3,906.94

CESSNA Citation 500

Retail High/Low/Average
Highest Price Found
$385,000.00
Lowest Price Found
$365,000.00
Average Price
$375,000.00
Avg. w/o High & Low
$0.00

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