1977 Cessna Citation II for sale

1977 Cessna Citation II

Light Jet

FOR SALE
$715,000Good Deal
Location Manassas, VA
Total Time 4,768 hrs
Engine SMOH 1,933 hrs
Seats 10
Serial # 501-0023
Reg # N516KG
Cruise 345 kts (639 km/h)
ICAO Type C550
✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

IFR
Garmin GTN 750Xi #1 WAAS GPS/Nav/Com Garmin GTN 750Xi #2 WAAS GPS/Nav/Com Garmin GI 275 standby PFD (with back-up battery) Garmin GWX 75 digital color radar (with vertical profile)

Garmin GTX 345R #1 ADS-B In/Out transponder (displays ADS-B traffic and weather)

Garmin GTX 335R #2 ADS-B Out transponder Garmin GMA 35c remote audio panel Sperry SPZ-500 autopilot/flight director Sperry RD-650A HSI Honeywell VN-212 VNAV computer Garmin GAD 42 autopilot adapter Garmin FlightStream 510 Bluetooth wireless gateway BFG WX 950 Stormscope King KGP 560 (EGPWS) TAWS-B

Shadin AIS 380 fuel flow adapter (displays fuel flow meter/totalizer on GTN 750Xi’s)

Garmin GSB 15 USB ports for both pilot and co-pilot Head’s Up Technologies voice checklist Kannad AF Integra 406mhz ELT Bose aircraft-powered LEMO headset jacks for pilot and co-pilot

Description

Low time 501SP! 4768 TT, 1933/2111 SMOH, 180/160 since HSI, Dual Garmin GTN 750Xi's, Garmin GI 275, Garmin GWX 75, Garmin GTX 345R, Garmin GTX 335R, Garmin GMA 35c, Sperry SPZ-500, Garmin FlightStream 510, BFG WX 950, King KGP 560, USB ports, 406mhz ELT, Keith AC, original paint, 2023 interior.....................

Engine

SMOH L:1933 R:2111

Interior

New interior by Hoover’s Aircraft Interiors 12/2023 Gray leather interior 5 passenger seats Aft potty (no seat belt) 2 fold-out desks

Exterior

Original paint White with Maroon and Gray stripes

Modifications / STCs

De-ice boots

Alcohol windshield

Keith Products air conditioning

Speed brakes/spoilers

Rosen sun visors

Description and equipment details provided by the seller. AeroGurus does not verify seller-provided information.

Price Comparison 1 active offer

Source Price Action
Latitude Aviation
controller.com
$715,000
Latitude Aviation
controlleremea.co.uk
$729,230 *
GBP £541,585
Latitude Aviation
aviationtrader.com.au
$738,646

* Converted to USD at daily European Central Bank (ECB) exchange rates

Estimate Monthly Payment

Cessna Citation II loan calculator

AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Cessna Citation II

This 1977 Cessna Citation II (N516KG) is a 10-seat light jet with 4,768 hours on the airframe. There are currently 75 Citation II aircraft listed for sale with asking prices ranging from $273,750 to $2,649,000. This aircraft is priced below the market average at $715,000.

The Citation II cruises at 345 kts (639 km/h) with a range of 1,600 nm (2,963 km) — suitable for regional and medium-distance travel. Service ceiling of 43,000 ft allows operation above most weather.

Operating costs: Fuel burn is 125 GPH (473 L/h), which at current Jet-A prices (~$5.50/gal) means approximately $688/hr in fuel alone. Total variable cost including maintenance reserves is approximately $2,200/hr. Annual fixed costs (hangar, insurance, crew, annual inspection) average $350,000. With 4,768 hours on the airframe, this aircraft has exceeded TBO (4,500 hrs) — verify engine status and overhaul reserve.

NTSB records show 0 incidents for this airframe — a clean safety record.

Pre-Purchase Checklist

Safety record: 0 NTSB incidents
Airframe: 4,768 hours — verify engine time vs TBO (4,500 hrs)
Budget $1,875 for pre-purchase inspection

Cessna Citation II — Model Specs

Model specification

Standard specs for this model. Actual aircraft may differ.

Seats
10
Cruise Speed
345 kts (639 km/h)
Max Speed
375 kts (694 km/h)
Range
1,600 nm (2,963 km)
Ceiling
43,000 ft (13,106 m)
Max Weight
13,300 lbs (6,033 kg)
Useful Load
4,000 lbs (1,814 kg)
Fuel Capacity
470 gal (1779 L)
Fuel Burn
125 GPH (473 L/h)
Engines
2
TBO
4,500 hrs

Estimated Cost of Ownership

AeroGurus estimate

CESSNA Citation II

Fuel Burn
125.0 GPH
~$812/hr
Variable Cost
$2,200/hr
fuel + mx + reserves
Annual Fixed
$350,000/yr
hangar + insurance + annual
Engine Overhaul
$350,000
every 4,500 hrs

AeroGurus estimates based on industry averages for the CESSNA Citation II. Actual costs vary by location, usage, maintenance history, and configuration. Not a financial quote.

Ownership & Registration

FAA registration data pending for N516KG.

Location & Ownership

FAA records

Aircraft Location

Manassas, VA

Seller reported 116 more aircraft in VA →

Title Status

No FAA title records

Available for US-registered aircraft only

Source: FAA Aircraft Registry, FAA Civil Aviation Registry (DocIndex). Title data may be delayed. Always verify with an aviation attorney before purchase.

Safety Record

NTSB safety data coming soon.

We'll check N516KG against the NTSB accident database.

Price History

2 price events · sources: controller.com, controlleremea.co.uk

AeroGurus Market Estimate AME

$849,000
Range: $650,000 — $949,000
Confidence: 90%
vs. Market
-16%
Great Deal

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Prices and listings updated daily · Data: FAA Registry, NTSB · About our data
Disclaimer: All prices, cost estimates, and market values shown are based on asking prices from third-party sources and are provided for informational purposes only. AeroGurus is not an appraiser, broker, or financial advisor. Always obtain a professional appraisal and independent inspection before making a purchase decision. Actual transaction prices may differ from asking prices.