CESSNA Citation M2 Price and Operating Costs

Specifications
The CESSNA Citation M2, manufactured from 2013-2019, requires a 1 person crew and can transport up to 6 passengers. The aircraft has a maximum operating altitude of 41,000', a normal cruise speed of 404 KTS/465 MPH, and a 677 NM/780 SM seats-full range. The CESSNA Citation M2 has a 3,168' balanced field length and 2,590' landing distance. The cabin measures 04'09" high, 04'10" wide, and 11'00" long. It has a total baggage capacity of 43.10 ft^3; 00.00 ft^3 being internal and 43.10 ft^3 being external.

Pricing
Depending on numerous factors, the average price for a pre-owned CESSNA Citation M2 is $3,163,750.00. A $2,010,250.00 loan over 120 months including $8376.04 per month in interest equates to a $100,801.40 per-period payment. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the CESSNA Citation M2 has total variable costs of $558,225.00, total fixed costs of $208,276.00, and an annual budget of $766,501.00. This breaks down to $1,703.34 per hour.