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 $42,240,000.00. 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 $691,547.00, and an annual budget of $2,214,122.00. This breaks down to $4,920.27 per hour.

RANGE:
4,600 NM / 5,294 SM
SPEED:
515 KTS / 592 MPH
PRICE:
$42,240,000.00
MAX PASSENGERS:
19 people

GULFSTREAM G500

Flying 450 Hours per Year
Flying 450 Hours per Year + 200 Charter Hours
Annual Owner Hours
450
450
Annual Charter Hours
-
200
Fuel Cost
$4.25
$4.25
Total Fixed Cost
$691,547.00
$-141,153.00
Total Variable Cost
$1,522,575.00
$1,522,575.00
Annual Budget
$2,214,122.00
$1,381,422.00
Total Hourly Cost
$4,920.27
$3,069.83
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