CESSNA Citation V Ultra Price and Operating Costs

Specifications
The CESSNA Citation V Ultra, manufactured from 1994-1999, requires a 2 person crew and can transport up to 7 passengers. The aircraft has a maximum operating altitude of 45,000', a normal cruise speed of 430 KTS/495 MPH, and a 1,228 NM/1,414 SM seats-full range. The CESSNA Citation V Ultra has a 3,422' balanced field length and 2,927' landing distance. The cabin measures 04'10" high, 04'10" wide, and 17'04" long. It has a total baggage capacity of 67.00 ft^3; 26.00 ft^3 being internal and 41.00 ft^3 being external.

Pricing
Depending on numerous factors, the average price for a pre-owned CESSNA Citation V Ultra is $1,422,500.00. A $675,700.00 loan over 120 months including $2815.42 per month in interest equates to a $33,882.11 per-period payment. Based on 450 annual owner-operated hours and $4.25-per-gallon fuel cost, the CESSNA Citation V Ultra has total variable costs of $848,137.50, total fixed costs of $325,582.00, and an annual budget of $1,173,719.50. This breaks down to $2,608.27 per hour.