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CESSNA Citation 500

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

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