Cessna Citation V Ultra vs Learjet Learjet 31

Live Market Snapshot

Current asking-price market, aggregated across multiple marketplaces · refreshed daily

Cessna Citation V Ultra
For sale now
40
Median asking
$1,750,000
Range
$480,750–$2,154,000
Model years available
1989–1999
Learjet Learjet 31

No active listings right now.

Live data from AeroGurus, aggregated daily across the used-aircraft market. Figures are current asking prices, not appraisals — confirm with a pre-buy inspection.

Full Specs Comparison

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Spec / Model Cessna Citation V Ultra Learjet Learjet 31
Cessna Citation V Ultra
View 41 listings →
Median $1,750,000
Learjet Learjet 31
View 3 listings →
Median $972,500
Price Range $480,750 – $2,154,000 $950,000 – $995,000
Category Light Jet Light Jet
Model Specifications
Seats 8
Cruise Speed 430 kts (796 km/h)
Range 1,960 nm (3,630 km)
Service Ceiling 45,000 ft (13,716 m)
Max Gross Weight 16,300 lbs (7,394 kg)
Useful Load 4,000 lbs (1,814 kg)
Fuel Capacity 487.0 gal (1843 L)
Fuel Burn 155.0 GPH (587 L/h)
TBO 4,000 hrs
Overhaul Cost $280,000
Annual Fixed $280,000
Hourly Variable $1,900
Engines 2 x Turbofan

Cost of Ownership

Estimate

Cessna Citation V Ultra

Fuel$852/hr
Variable$1,900/hr
Annual Fixed$280,000/yr
Total (200 hrs/yr) $660,000/yr

Learjet Learjet 31

Frequently Asked Questions

Which is better, Cessna Citation V Ultra or Learjet Learjet 31?
It depends on your mission and budget. The Citation V Ultra cruises at 430 kts with 1,960 nm range. Review the specs table above to find which fits your flying profile.
How do prices compare?
Learjet Learjet 31: from $995,000. Prices vary by year, hours, avionics, and condition. Always get a pre-buy inspection.
What's the difference between Cessna Citation V Ultra and Learjet Learjet 31?
Citation V Ultra engine: PRATT & WHITNEY JT15D-5D.
Which is cheaper to operate per hour?
Citation V Ultra: about $1900/hr variable cost. Variable cost includes fuel, reserves and overhaul accruals. Annual fixed costs (hangar, insurance, annual inspection) add to the total.
Which has more seats and useful load?
Citation V Ultra: 8 seats / 4,000 lb useful load. Useful load = max gross weight minus empty weight; it determines how much fuel plus payload you can carry.
How does maintenance compare — TBO and overhaul cost?
Citation V Ultra: 4,000-hour TBO, overhaul ~$280,000. Reaching the time-between-overhaul (TBO) triggers a mandatory engine/airframe rebuild that affects resale value.
Disclaimer: All prices and cost estimates are from third-party sources for informational purposes only. Always obtain professional appraisal and inspection before purchase.
Prices updated daily · Data: FAA Registry, NTSB · About our data