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Cessna/Textron Citation M2

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General Information

Start Model Year

2013

End Model Year

In Production

Engine Count

2

Typical Passengers

6

Model Class

Jet - Light

Up to - Passengers

6

Performance

Range
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1,062

Max Cruising Speed

372

Ceiling (feet)

41,000

Take off Distance (feet)

3,250

Landing Distance (feet)

2,340

Cabin Dimension

Height (feet)

4.80

Width (feet)

4.80

Length (feet)

11.20

Cabin Zones

1

Cabin Diagrams

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Aircraft Dimension

Tail height (feet)

13.8

Wing span (feet)

47.25

Length (feet)

42.6

Max Takeoff Weight (lbs.)

10,700

Current Market

Ask Price Min

$3,500,000

Ask Price Max

$6,995,000

Model Year Min

2013

Model Year Max

2023

Total Time Min (hours)

13

Total Time Max (hours)

4,810

% of Fleet for Sale

7.19%

# For Sale

24

Financial: Annual Fixed Costs

Crew

$249,173

Hangar

$22,212

Hull Insurance

Hull insurance is estimated at 0.15% of the purchase price of an aircraft.

$7,871

Liability Insurance

Liability Insurance Estimates:

$25,000

Miscellaneous

$6,963

Annual Amount

$311,219

Financial: Variable Hourly Costs

Fuel Consumption
(gallons per hour)

125

Fuel Cost
(at $5.00 per gallon)

625

Maintenance

$250

Engine Reserves

$280

Miscellaneous

$133

Total Cost / Per Hour

$1,288

Financial: One Year Summary at 300 Hours per Year

Purchase Price

Purchase price is the average of the current high and low asking prices.

$5,247,500

Market Depreciation (%)

Annual market depreciation is calculated by Guardian Jet as a compounded yearly rate of depreciation since the first year a model was in production to the current year.

7%

Market Depreciation ($)

$367,325

Total Fixed Costs

$311,219

Total Variable Costs

Based on 300 hours per year.

$386,400

Total Cost of Operation

Total Cost of Operation is the sum of market depreciation, fixed costs, and variable costs.

$1,064,944

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Technical Comparison

Engine Manufacturer

Williams

Engine Model

FJ44-1AP

Hourly Rate /engine

$125

Overhaul Interval (hours)

4,000

Overhaul Cost

$700,000

Mid Life Interval

2,000

Mid Life Cost

$350,000

Typical Avionics Suite

Garmin G3000

APU Model

Note: All data is for reference purpose only.