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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

$3,950,000

Ask Price Max

$6,899,000

Model Year Min

2014

Model Year Max

2024

Total Time Min (hours)

13

Total Time Max (hours)

3,200

% of Fleet for Sale

6.44%

# For Sale

25

Financial: Annual Fixed Costs

Crew

$390,390

Hangar

$33,100

Hull Insurance

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

$8,137

Liability Insurance

Liability Insurance Estimates:

$25,000

Miscellaneous

$6,300

Annual Amount

$462,927

Financial: Variable Hourly Costs

Fuel Consumption
(gallons per hour)

134

Fuel Cost
(at $5.00 per gallon)

670

Maintenance

$510

Engine Reserves

$298

Miscellaneous

$158

Total Cost / Per Hour

$1,636

Financial: One Year Summary at 300 Hours per Year

Purchase Price

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

$5,424,500

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 ($)

$379,715

Total Fixed Costs

$462,927

Total Variable Costs

Based on 300 hours per year.

$490,800

Total Cost of Operation

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

$1,333,442

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Technical Comparison

Engine Manufacturer

Williams

Engine Model

FJ44-1AP

Hourly Rate /engine

$364

Overhaul Interval (hours)

5,000

Overhaul Cost

$1,000,000

Mid Life Interval

2,500

Mid Life Cost

$350,000

Typical Avionics Suite

Garmin G3000

APU Model

Note: All data is for reference purpose only.