CESSNA Citation CJ3 Price and Operating Costs

Specifications
The CESSNA Citation CJ3, manufactured from 2004 - 2015, requires a 1 person crew and can transport up to 7 passengers. The aircraft has a maximum operating altitude of 45,000', a normal cruise speed of 413 KTS/475 MPH, and a 1,352 NM/1,555 SM seats-full range. The CESSNA Citation CJ3 has a 3,354' balanced field length and 3,210' landing distance. The cabin measures 04'09" high, 04'10" wide, and 15'08" long. It has a total baggage capacity of 65.00 ft^3; 00.00 ft^3 being internal and 65.00 ft^3 being external.

Pricing
Depending on numerous factors, the average price for a pre-owned CESSNA Citation CJ3 is $5,126,285.71. A $2,543,900.00 loan over 120 months including $10599.58 per month in interest equates to a $127,560.60 per-period payment. Based on 450 annual owner-operated hours and $6.00-per-gallon fuel cost, the CESSNA Citation CJ3 has total variable costs of $744,750.00, total fixed costs of $517,804.00, and an annual budget of $1,262,554.00. This breaks down to $2,805.68 per hour.