CESSNA Citation Mustang Price and Operating Costs

Specifications
The CESSNA Citation Mustang, manufactured from 2006-2019, requires a 1 person crew and can transport up to 4 passengers. The aircraft has a maximum operating altitude of 41,000', a normal cruise speed of 340 KTS/391 MPH, and a 736 NM/847 SM seats-full range. The CESSNA Citation Mustang has a 3,295' balanced field length and 2,812' landing distance. The cabin measures 04'06" high, 04'07" wide, and 09'10" long. It has a total baggage capacity of 63.00 ft^3; 06.00 ft^3 being internal and 57.00 ft^3 being external.

Pricing
Depending on numerous factors, the average price for a pre-owned CESSNA Citation Mustang is $1,535,000.00. A $1,260,900.00 loan over 120 months including $5253.75 per month in interest equates to a $63,226.21 per-period payment. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the CESSNA Citation Mustang has total variable costs of $471,937.50, total fixed costs of $160,512.00, and an annual budget of $632,449.50. This breaks down to $1,405.44 per hour.