CESSNA Citation 500 Price and Operating Costs
Specifications
The CESSNA Citation 500, production in 1972-1976, requires a two man crew and can be configured in 5 seats. Maximum operating altitude of 41,000′, a optimal cruise speed of 332 knots/382 MPH, and a 911 NM/1,048 SM seats-full range. The CESSNA Citation 500 has a 3,851′ runway length (or runway plus clearway and/or stopway) and 2,736′ actual landing distance required. Cabin specifications: 04’04” cabin high, 04’11” cabin wide, and 12’08” cabin long. Maximum luggage capacity of 57.00 ft^3; 40.00 ft^3 being internal and 17.00 ft^3 being external.
Pricing
Average price for used aircraft CESSNA Citation 500 is $307,9N/A. A $128,250.00 loan over 10 years including $534.38 per month in interest equates to a $6,430.93 per-month payment. Based on 450 hours a year and fuel cost at $4.25 per-gallon, the CESSNA Citation 500 has total variable costs of $930,037.50, total fixed costs of $308,925.00, and hypothetical summary cost of $1,238,962.50. How much does it cost to fly: $2,753.25 per hour.
Maximal total range:
911 NM / 1,048 SM
Cruise speed:
332 knots / 382 MPH
Average price:
$307,9N/A
Number of passengers:
5 people
CESSNA Citation 500 |
Flying 450 Hours per Year | Flying 450 Hours per Year + 200 Charter Hours |
| Owner-operated hours | 450 | 450 |
| Charter-operated hours | – | 200 |
| Fuel Cost per-gallon | $4.25 | $4.25 |
| Fixed operation and maintenance cost | $308,925.00 | $269,475.00 |
| Variable operation and maintenance cost | $930,037.50 | $930,037.50 |
| How much does a helicopter cost per year | $1,238,962.50 | $1,199,512.50 |
| Cost per hour | $2,753.25 | $2,665.58 |
CESSNA Citation 500 |
High–low pricing |
| Highest Price | $680,000.00 |
| Lowest Price | $150,000.00 |
| Average Price | $307,9N/A |
| Avg. w/o High & Low | $281,125.00 |