The price of a Cessna Citation Mustang is between US$2.55 and US$3.25 million for 2013 – 2017 models, the last 5 years of production, according to AircraftBluebook.
The price of a jet depends on the production year. Cessna Citation Mustang were produced from 2013 to 2017. You can see current prices for the last 5 production years in the AircraftBluebook tab below.
We also display the latest JETNET data which shows the range of prices for Cessna Citation Mustang currently listed with an asking price. The data also shows market trends including whether the average ask price for this aircraft has increased or decreased in the last six months.
The data from Asset Insight covers Current Value Range, Asset Quality Rating and ETP ratio. Explanations of the key terms can be found next to them in the tab by clicking the ? mark.
Please see the latest price data from the world's leading aviation data providers:JETNET, AircraftBluebook and Asset Insight in the tabs below.
What Impacts a Cessna
Citation Mustang’s Price?
If you’re considering buying a Cessna Citation Mustang, you’ll
need to bear in mind that the condition and value of one aircraft
within the fleet can be significantly different from an apparently
similar jet – and that is due to several factors.
The fair market value of individual Cessna Citation Mustang jets
is ultimately determined by the buyer and seller, but will account
for a number of factors. That includes an aircraft’s model year
(aircraft depreciate with age); how its equipage compares to others
within its fleet; the nature of any modifications or upgrades; and
the overall maintenance condition of a specific aircraft.
In relation to maintenance condition, buyers are advised to look
beyond the mere wear and tear on the interior and visible exterior,
and instead examine for less easily identified problems like
corrosion (for example).
What Impacts a Cessna Citation Mustang’s Price?
If you’re considering buying a Cessna Citation Mustang, you’ll need to bear in mind that the condition and value of one aircraft within the fleet can be significantly different from an apparently similar jet – and that is due to several factors.
The fair market value of individual Cessna Citation Mustang jets is ultimately determined by the buyer and seller, but will account for a number of factors. That includes an aircraft’s model year (aircraft depreciate with age); how its equipage compares to others within its fleet; the nature of any modifications or upgrades; and the overall maintenance condition of a specific aircraft.
In relation to maintenance condition, buyers are advised to look beyond the mere wear and tear on the interior and visible exterior, and instead examine for less easily identified problems like corrosion (for example).
Nearness to any expensive/time consuming scheduled overhauls or inspections are another important consideration, as is whether the aircraft is enrolled on an hourly maintenance cost program or remains under manufacturer warranty. All of these factors and more will have a significant influence on the fair market value of a Cessna Citation Mustang.
Does the Fleet for Sale Number Matter?
Another factor driving Cessna Citation Mustang value within the pre-owned market is how many of the fleet is for sale. Generally, newer aircraft (i.e., those aged below five years) tend to command more buyer interest.
A relatively small proportion of the fleet being on the market can impact the price of a jet, giving the seller a stronger position to drive a desired sale price – especially when the market is active and healthy. The opposite is true, and buyers are in a stronger bargaining position, if more of a specific make/model aircraft fleet are on the market.
Traditionally, when less than 10% of a fleet of aircraft is for sale the market is defined as a sellers’ market. Once the fleet for sale exceeds 10% the market is defined as a buyers’ market.
What Else Should a Cessna Citation Mustang Buyer Consider?
When assessing whether an aircraft is affordable for the budget, buyers need to remember the costs don’t stop at the acquisition of the aircraft. There will be ongoing fixed and variable hourly operating costs.
Prospective Cessna Citation Mustang buyers are advised to hire an expert in the field of operating costs to help them understand what these costs are, and how they could change as the airframe and engines grow older.
Find our more in the Cessna Citation Mustang Buyer's Guide.
How Does a Cessna Citation Mustang Compare With Other Aircraft?
Check out our Citation Mustang Jet Comparison articles by industry expert, Mike Chase, here:
What Impacts a Cessna
Citation Mustang’s Price?
If you’re considering buying a Cessna Citation Mustang, you’ll
need to bear in mind that the condition and value of one aircraft
within the fleet can be significantly different from an apparently
similar jet – and that is due to several factors.
The fair market value of individual Cessna Citation Mustang jets
is ultimately determined by the buyer and seller, but will account
for a number of factors. That includes an aircraft’s model year
(aircraft depreciate with age); how its equipage compares to others
within its fleet; the nature of any modifications or upgrades; and
the overall maintenance condition of a specific aircraft.
In relation to maintenance condition, buyers are advised to look
beyond the mere wear and tear on the interior and visible exterior,
and instead examine for less easily identified problems like
corrosion (for example).
Read More