CESSNA Citation Sovereign Price and Operating Costs


Specifications
The CESSNA Citation Sovereign, manufactured from 2004-2013, requires a 2 person crew and can transport up to 9 passengers. The aircraft has a maximum operating altitude of 47,000', a normal cruise speed of 459 KTS/528 MPH, and a 2,710 NM/3,119 SM seats-full range. The CESSNA Citation Sovereign has a 3,714' balanced field length and 2,953' landing distance. The cabin measures 05'08" high, 05'06" wide, and 25'03" long. It has a total baggage capacity of 135.00 ft^3; 35.00 ft^3 being internal and 100.00 ft^3 being external.


Pricing
Depending on numerous factors, the average price for a pre-owned CESSNA Citation Sovereign is $8,350,000.00. A $4,516,800.00 loan over 120 months including $18820 per month in interest equates to a $226,489.13 per-period payment. Based on 450 annual owner-operated hours and $7.00-per-gallon fuel cost, the CESSNA Citation Sovereign has total variable costs of $1,489,050.00, total fixed costs of $695,809.00, and an annual budget of $2,184,859.00. This breaks down to $4,855.24 per hour.

RANGE:
2,710 NM / 3,119 SM
SPEED:
459 KTS / 528 MPH
PRICE:
$8,350,000.00
MAX PASSENGERS:
9 people
CESSNA Citation Sovereign
Flying 450 Hours per Year
Flying 450 Hours per Year + 200 Charter Hours
Annual Owner Hours
450
450
Annual Charter Hours
-
200
Fuel Cost
$7.00
$7.00
Total Fixed Cost
$695,809.00
$301,209.00
Total Variable Cost
$1,489,050.00
$1,489,050.00
Annual Budget
$2,184,859.00
$1,790,259.00
Total Hourly Cost
$4,855.24
$3,978.35

CESSNA Citation Sovereign

Retail High/Low/Average
Highest Price Found
$9,950,000.00
Lowest Price Found
$6,750,000.00
Average Price
$8,350,000.00
Avg. w/o High & Low
$0.00
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