CESSNA 208B Grand Caravan Price and Operating Costs

Specifications
The CESSNA 208B Grand Caravan, manufactured from 1990-2013, requires a 1 person crew and can transport up to 9 passengers. The aircraft has a maximum operating altitude of 25,000', a normal cruise speed of 182 KTS/210 MPH, and a 516 NM/594 SM seats-full range. The CESSNA 208B Grand Caravan has a 2,359' balanced field length and 2,004' landing distance. The cabin measures 04'06" high, 05'04" wide, and 16'09" 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 208B Grand Caravan is $1,328,100.00. A $664,050.00 loan over 120 months including $2766.88 per month in interest equates to a $33,297.93 per-period payment. Based on 450 annual owner-operated hours and $6.00-per-gallon fuel cost, the CESSNA 208B Grand Caravan has total variable costs of $324,000.00, total fixed costs of $182,513.00, and an annual budget of $506,513.00. This breaks down to $1,125.58 per hour.