CESSNA Citation VII Price and Operating Costs

Specifications
The CESSNA Citation VII, manufactured from 1992-2000, requires a 2 person crew and can transport up to 8 passengers. The aircraft has a maximum operating altitude of 51,000', a normal cruise speed of 452 KTS/520 MPH, and a 1,651 NM/1,902 SM seats-full range. The CESSNA Citation VII has a 5,040' balanced field length and 3,436' landing distance. The cabin measures 05'08" high, 05'06" wide, and 18'05" long. It has a total baggage capacity of 54.00 ft^3; 00.00 ft^3 being internal and 54.00 ft^3 being external.

Pricing
Depending on numerous factors, the average price for a pre-owned CESSNA Citation VII is $1,847,350.00. A $923,675.00 loan over 120 months including $3848.65 per month in interest equates to a $46,316.50 per-period payment. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the CESSNA Citation VII has total variable costs of $1,258,875.00, total fixed costs of $88,317.00, and an annual budget of $1,347,192.00. This breaks down to $2,993.76 per hour.