CESSNA 208 Caravan Price and Operating Costs


Specifications
The CESSNA 208 Caravan, manufactured from 1985-2019, requires a 1 person crew and can transport up to 9 passengers. The aircraft has a maximum operating altitude of 30,000', a normal cruise speed of 175 KTS/201 MPH, and a 317 NM/365 SM seats-full range. The CESSNA 208 Caravan has a 2,003' balanced field length and 1,915' landing distance. The cabin measures 04'06" high, 05'04" wide, and 12'09" long. It has a total baggage capacity of 32.00 ft^3; 32.00 ft^3 being internal and 00.00 ft^3 being external.


Pricing
Depending on numerous factors, the average price for a pre-owned CESSNA 208 Caravan is $2,164,550.00. A $1,082,275.00 loan over 120 months including $4509.48 per month in interest equates to a $54,269.29 per-period payment. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the CESSNA 208 Caravan has total variable costs of $264,712.50, total fixed costs of $138,904.00, and an annual budget of $403,616.50. This breaks down to $896.93 per hour.

RANGE:
317 NM / 365 SM
SPEED:
175 KTS / 201 MPH
PRICE:
$2,164,550.00
MAX PASSENGERS:
9 people

CESSNA 208 Caravan

Flying 450 Hours per Year
Flying 450 Hours per Year + 200 Charter Hours
Annual Owner Hours
450
450
Annual Charter Hours
-
200
Fuel Cost
$4.25
$4.25
Total Fixed Cost
$138,904.00
$-40,446.00
Total Variable Cost
$264,712.50
$264,712.50
Annual Budget
$403,616.50
$224,266.50
Total Hourly Cost
$896.93
$498.37
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