CESSNA 402C Price and Operating Costs

Specifications
The CESSNA 402C, manufactured from 1979 - 1985, requires a 1 person crew and can transport up to 7 passengers. The aircraft has a maximum operating altitude of 26,900', a normal cruise speed of 196 KTS/225 MPH, and a 800 NM/920 SM seats-full range. The CESSNA 402C has a 2,140' balanced field length and 3,169' landing distance. The cabin measures 04'03" high, 04'07" wide, and 11'03" long. It has a total baggage capacity of 69.00 ft^3; 32.00 ft^3 being internal and 37.00 ft^3 being external.

Pricing
Depending on numerous factors, the average price for a pre-owned CESSNA 402C is $405,000.00. A $107,500.00 loan over 120 months including $447.92 per month in interest equates to a $5,390.45 per-period payment. Based on 450 annual owner-operated hours and $5.47-per-gallon fuel cost, the CESSNA 402C has total variable costs of $233,352.00, total fixed costs of $31,935.00, and an annual budget of $265,287.00. This breaks down to $589.53 per hour.