CESSNA 404 Price and Operating Costs

Specifications
The CESSNA 404, manufactured from 1977 - 1981, requires a 1 person crew and can transport up to 7 passengers. The aircraft has a maximum operating altitude of 26,000', a normal cruise speed of 217 KTS/250 MPH, and a 1,144 NM/1,317 SM seats-full range. The CESSNA 404 has a 2,308' balanced field length and 2,793' landing distance. The cabin measures 04'03" high, 04'07" wide, and 07'09" long. It has a total baggage capacity of 138.00 ft^3; 82.00 ft^3 being internal and 56.00 ft^3 being external.

Pricing
Depending on numerous factors, the average price for a pre-owned CESSNA 404 is $450,000.00. A $110,000.00 loan over 120 months including $458.33 per month in interest equates to a $5,515.81 per-period payment. Based on 450 annual owner-operated hours and $7.25-per-gallon fuel cost, the CESSNA 404 has total variable costs of $330,525.00, total fixed costs of $34,575.00, and an annual budget of $365,100.00. This breaks down to $811.33 per hour.