1989 Cessna Citation V Ultra for sale

1989 Cessna Citation V Ultra

Light Jet

FOR SALE
$2,100,000Fair Price
Location Alcoa, TN
Total Time 6,258 hrs
Engine SMOH 6,258 hrs
Seats 8
Serial # 560-0034
Reg # N560PY
Engine Turbo-fan ×2
Cruise 430 kts (796 km/h)
✓ FAA Valid ✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Avionics & Equipment

JetTech Garmin NextGen Package Dual Garmin G600TXi Dual Garmin GTN-750Xi Dual Honeywell DM-850 Sperry SPZ-500 IFCS Collins ALT-55B Honeywell Mark VII EGPWS Honeywell TPU-67A TCAS-II Dual Garmin GTX-Garmin GWX-70

Description

Not only is this aircraft gorgeous and well cared for, but it has all of the latest and greatest technology your plot could want! With the full glass JetTech Garmin upgrade, you are going to be hard pressed to find a more capable Citation 560! Please contact Brian Bartunek at International Aircraft Marketing & Sales for additional details.

Interior

Refurbished 2023 9 Passengers Freon A/C Dual 4-Place Clubs USB A & USB C Ports Belted Lavatory

Exterior

Akzo Noble Matterhorn White Upper & Axalta Lower w/Axalta Titanium & Axalta Sable Stripes

Modifications / STCs

ADS-B Out, ADS-B In

WAAS/LPV

Garmin Flight Stream 510

Mid-Continent standby attitude module

Mid-Continent CH93 clock w/dual USB ports

Thrust reversers

Sierra quick-release radome

Sierra nose baggage mod w/door lift mod

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

Price Comparison 1 active offer

Source Price Action
Listing Source
globalair.com
$2,100,000
Listing Source
trade-a-plane.com
$2,100,000
International Aircraft Marketing and Sales
aircraftdealer.com
$2,100,000
Listing Source
globalplanesearch.com
$2,100,000
International Aircraft Marketing & Sales
controller.com
$2,100,000
International Aircraft Marketing & Sales
controlleremea.co.uk
$2,143,035 *
GBP £1,590,668
Listing Source
aviationtrader.com.au
$2,165,358

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

Estimate Monthly Payment

Cessna Citation V Ultra loan calculator

AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Cessna Citation V Ultra

This 1989 Cessna Citation V Ultra (N560PY) is a 8-seat light jet with 6,258 hours on the airframe. There are currently 50 Citation V Ultra aircraft listed for sale with asking prices ranging from $447,500 to $2,280,000. This aircraft is priced above the market average at $2,100,000.

The Citation V Ultra cruises at 430 kts (796 km/h) with a range of 1,960 nm (3,630 km) — suitable for regional and medium-distance travel. Service ceiling of 45,000 ft allows operation above most weather.

Operating costs: Fuel burn is 155 GPH (587 L/h), which at current Jet-A prices (~$5.50/gal) means approximately $852/hr in fuel alone. Total variable cost including maintenance reserves is approximately $1,900/hr. Annual fixed costs (hangar, insurance, crew, annual inspection) average $280,000. With 6,258 hours on the airframe, this aircraft has exceeded TBO (4,000 hrs) — verify engine status and overhaul reserve.

FAA registration status: Valid. NTSB records show 0 incidents for this airframe — a clean safety record.

Pre-Purchase Checklist

FAA registration: Valid (OLD SOUTH CONSTRUCTION OF TENNESSEE LLC)
Safety record: 0 NTSB incidents
Airframe: 6,258 hours — verify engine time vs TBO (4,000 hrs)
Budget $2,325 for pre-purchase inspection

Cessna Citation V Ultra — Model Specs

Model specification

Standard specs for this model. Actual aircraft may differ.

Seats
8
Cruise Speed
430 kts (796 km/h)
Max Speed
445 kts (824 km/h)
Range
1,960 nm (3,630 km)
Ceiling
45,000 ft (13,716 m)
Max Weight
16,300 lbs (7,394 kg)
Fuel Burn
155 GPH (587 L/h)
Engines
2
TBO
4,000 hrs

Estimated Cost of Ownership

AeroGurus estimate

CESSNA Citation V Ultra

Fuel Burn
155.0 GPH
~$1008/hr
Variable Cost
$1,900/hr
fuel + mx + reserves
Annual Fixed
$280,000/yr
hangar + insurance + annual
Engine Overhaul
$280,000
every 4,000 hrs

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

Ownership & Registration

Registered Owner

OLD SOUTH CONSTRUCTION OF TENNESSEE LLC

Registration Address

FRANKLIN, TN

Certificate Issued

2024-06-11

Airworthiness

1989-12-04

FAA Status

Valid

Source: FAA Aircraft Registry, updated Mar 15, 2026

Location & Ownership

FAA records

Aircraft Location

Alcoa, TN

Seller reported 155 more aircraft in TN →

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

No incidents found

NTSB database checked for N560PY.

Price History

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

AeroGurus Market Estimate AME

$2,047,500
Range: $1,893,750 — $2,100,000
Confidence: 40%
vs. Market
+3%
Fair Price

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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.