CESSNA Citation V Price and Operating Costs


Specifications
The CESSNA Citation V, manufactured from 1989-1994, 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 397 KTS/457 MPH, and a 1,609 NM/1,852 SM seats-full range. The CESSNA Citation V has a 3,646' balanced field length and 2,864' 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 is $1,900,000.00. A $489,300.00 loan over 120 months including $2038.75 per month in interest equates to a $24,535.32 per-period payment. Based on 450 annual owner-operated hours and $5.12-per-gallon fuel cost, the CESSNA Citation V has total variable costs of $918,162.00, total fixed costs of $62,668.00, and an annual budget of $980,830.00. This breaks down to $2,179.62 per hour.

RANGE:
1,609 NM / 1,852 SM
SPEED:
397 KTS / 457 MPH
PRICE:
$1,900,000.00
MAX PASSENGERS:
7 people
CESSNA Citation V
Flying 450 Hours per Year
Flying 450 Hours per Year + 200 Charter Hours
Annual Owner Hours
450
450
Annual Charter Hours
-
200
Fuel Cost
$5.12
$5.12
Total Fixed Cost
$62,668.00
$17,340.00
Total Variable Cost
$918,162.00
$918,162.00
Annual Budget
$980,830.00
$935,502.00
Total Hourly Cost
$2,179.62
$2,078.89

CESSNA Citation V

Retail High/Low/Average
Highest Price Found
$2,100,000.00
Lowest Price Found
$1,700,000.00
Average Price
$1,900,000.00
Avg. w/o High & Low
$0.00
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