CESSNA Citation 500 Price and Operating Costs


Specifications
The CESSNA Citation 500, manufactured from 1972-1976, requires a 2 person crew and can transport up to 5 passengers. The aircraft has a maximum operating altitude of 41,000', a normal cruise speed of 332 KTS/382 MPH, and a 911 NM/1,048 SM seats-full range. The CESSNA Citation 500 has a 3,851' balanced field length and 2,736' landing distance. The cabin measures 04'04" high, 04'11" wide, and 12'08" long. It has a total baggage capacity of 57.00 ft^3; 40.00 ft^3 being internal and 17.00 ft^3 being external.


Pricing
Depending on numerous factors, the average price for a pre-owned CESSNA Citation 500 is $256,500.00. A $128,250.00 loan over 120 months including $534.38 per month in interest equates to a $6,430.93 per-period payment. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the CESSNA Citation 500 has total variable costs of $930,037.50, total fixed costs of $308,925.00, and an annual budget of $1,238,962.50. This breaks down to $2,753.25 per hour.

RANGE:
911 NM / 1,048 SM
SPEED:
332 KTS / 382 MPH
PRICE:
$256,500.00
MAX PASSENGERS:
5 people

CESSNA Citation 500

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
$308,925.00
$269,475.00
Total Variable Cost
$930,037.50
$930,037.50
Annual Budget
$1,238,962.50
$1,199,512.50
Total Hourly Cost
$2,753.25
$2,665.58
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