GULFSTREAM G500 Price and Operating Costs

Specifications
The GULFSTREAM G500, manufactured from 2017-2019, requires a 2 person crew and can transport up to 19 passengers. The aircraft has a maximum operating altitude of 51,000', a normal cruise speed of 515 KTS/592 MPH, and a 4,600 NM/5,294 SM seats-full range. The GULFSTREAM G500 has a 5,385' balanced field length and 3,100' landing distance. The cabin measures 06'04" high, 07'11" wide, and 41'06" long. It has a total baggage capacity of 175.00 ft^3; 175.00 ft^3 being internal and 00.00 ft^3 being external.

Pricing
Depending on numerous factors, the average price for a pre-owned GULFSTREAM G500 is $38,550,000.00. A $21,120,000.00 loan over 120 months including $88000 per month in interest equates to a $1,059,035.25 per-period payment. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the GULFSTREAM G500 has total variable costs of $1,522,575.00, total fixed costs of $265,495.00, and an annual budget of $1,788,070.00. This breaks down to $3,973.49 per hour.