2010 Cessna Citation Mustang for sale

2010 Cessna Citation Mustang

Very Light Jet

FOR SALE
$1,300,000
Location Naples, Florida
Total Time 2,670 hrs
Engine SMOH 2,670 hrs
Seats 5
Serial # 510-0295
Reg # N246RE
Engine PRATT & WHITNEY PW615F
Cruise 340 kts (630 km/h)
ICAO Type C510
✓ Clean NTSB ✓ Verified recently

Aircraft Details

Seller reported

Description

Now bringing to market a rare half share opportunity in a beautifully maintained 2010 Cessna Citation Mustang based in Naples, Florida. This aircraft has been exceptionally cared for with recent interior and exterior updates completed in 2021, Garmin G1000 NXi avionics, Synthetic Vision, WAAS/ADS-B capability, and enrolled on Textron Power Advantage Plus and ProParts. Always hangared and professionally managed. Perfect fit for an owner looking to step into private aviation without taking on the full burden of whole aircraft ownership. Ideal for business or personal travel throughout the Southeast, Northeast, Bahamas, and Caribbean. The aircraft offers an executive six passenger configuration, low operating costs, and a proven ownership platform with strong dispatch reliability. Potential flexibility for Part 135 charter use to help offset ownership expenses depending on structure and partner fit. Reach out directly for full specs, operating details, and partnership structure information.

Engine

Still under warranty. The hourly cost is 256/engine/hour and parts is 262/hour

Interior

Carpet and some interior redone in 2022

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

Price Comparison

Source Price Action
OutlierJets
controller.com
$1,300,000

Estimate Monthly Payment

Cessna Citation Mustang loan calculator

AeroGurus

AeroGurus Data & Analysis

Independent data from FAA, NTSB, and market analysis

About This Cessna Citation Mustang

This 2010 Cessna Citation Mustang (N246RE) is a 5-seat very light jet with 2,670 hours on the airframe. There are currently 120 Citation Mustang aircraft listed for sale with asking prices ranging from $1,300,000 to $2,650,000. This aircraft is priced below the market average at $1,300,000.

The Citation Mustang cruises at 340 kts (630 km/h) with a range of 1,150 nm (2,130 km) — suitable for regional and medium-distance travel. Service ceiling of 41,000 ft allows operation above most weather.

Operating costs: Fuel burn is 88 GPH (333 L/h), which at current Jet-A prices (~$5.50/gal) means approximately $484/hr in fuel alone. Total variable cost including maintenance reserves is approximately $1,300/hr. Annual fixed costs (hangar, insurance, crew, annual inspection) average $200,000. With 2,670 hours on the airframe, this aircraft has 830 hours remaining to engine TBO .

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

Pre-Purchase Checklist

Safety record: 0 NTSB incidents
Airframe: 2,670 hours — verify engine time vs TBO (3,500 hrs)
Budget $1,320 for pre-purchase inspection

Cessna Citation Mustang — Model Specs

Model specification

Standard specs for this model. Actual aircraft may differ.

Seats
5
Cruise Speed
340 kts (630 km/h)
Max Speed
420 kts (778 km/h)
Range
1,150 nm (2,130 km)
Ceiling
41,000 ft (12,497 m)
Max Weight
8,645 lbs (3,921 kg)
Useful Load
2,260 lbs (1,025 kg)
Fuel Capacity
252 gal (954 L)
Fuel Burn
88 GPH (333 L/h)
Engines
2
TBO
3,500 hrs

Estimated Cost of Ownership

AeroGurus estimate

CESSNA Citation Mustang

Fuel Burn
88.0 GPH
~$572/hr
Variable Cost
$1,300/hr
fuel + mx + reserves
Annual Fixed
$200,000/yr
hangar + insurance + annual
Engine Overhaul
$220,000
every 3,500 hrs

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

Ownership & Registration

FAA registration data pending for N246RE.

Location & Ownership

FAA records

Aircraft Location

Naples, Florida

Seller reported 232 more aircraft in Florida →

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 N246RE against the NTSB accident database.

Similar Aircraft for Sale

Contact for Price
On Request
Total Time 1,461
Reg# M-OUSE
Location Monaco
Multiple sources
$2,650,000
For Sale
Total Time 2,113
Reg# N422RR US
Location SC
Multiple sources
Contact for Price
On Request
Total Time 7,393
Reg# OE-FDT Austria
Location Horsching, Upper Austria, Austria
Multiple sources
Contact for Price
On Request
Total Time 2,228
Reg# C-GBBX Canada
Location Campbell River, BC, Canada
Multiple sources

Explore More

Prices and listings re-checked on a rolling cycle — most within a few days · 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.