Cessna Citation V Ultra Aircraft under $500,000

← Cessna Citation V family

The Cessna Citation V Ultra is a light-to-midsize business jet produced from 1994 to 1999, an enhanced variant of the Citation V with more powerful Pratt and Whitney Canada JT15D-5D engines and increased range. Seating up to 8, the Ultra cruises at 430 knots with a range of 1,960 nautical miles. The straight-wing design provides excellent short-field performance and forgiving low-speed handling.

The Citation V Ultra appeals to owner-operators and small corporations seeking a capable light jet with. Its combination of range, speed, and modest operating costs makes it a practical choice for operators who fly within a 2,000-mile radius.

Cessna Citation V Ultra aircraft for sale

2 used Cessna Citation V Ultra aircraft for sale under $500,000 · 8-seat · Used median asking $1,774,000 · updated yesterday

Cessna Citation V Ultra Specifications

Model spec

The Cessna Citation V Ultra is a 8-seat light jet with a cruise speed of 390–430 kt (722–796 km/h), a range of 1,750–1,960 nm (3,241–3,630 km), and a useful load of 4,000–4,500 lbs (1,814–2,041 kg).

Performance
Cruise390–430 kt (722–796 km/h)
Max Speed426–445 kt (789–824 km/h)
Range1,750–1,960 nm (3,241–3,630 km)
Service Ceiling45,000 ft (13,716 m)
Engine & Fuel
EnginePRATT & WHITNEY JT15D-5D
Fuel Capacity487.0–515.0 gal (1,843–1,949 L)
Fuel Burn140.0–155.0 GPH (530–587 L/h)
TBO3,500–4,500 hrs
Weights & Seats
Seats8–9
Max Gross Weight15,900–16,800 lbs (7,212–7,620 kg)
Useful Load4,000–4,500 lbs (1,814–2,041 kg)
Production1994–1999

Cessna Citation V Ultra for Sale

Cessna Citation V Ultra asking prices range from $447,500 to $2,280,000, with a median of $1,774,000 (market reference $1,900,000).

1991 Cessna Citation V Ultra

1991 Cessna Citation V Ultra for sale
$447,500
For Sale
Total Time 11,954
Reg# N154JK US
Location Amarillo, TX
Via Jax Transport
Listed 2mo ago

1991 Cessna Citation V Ultra

1991 Cessna Citation V Ultra for sale
$495,000
1/3
Total Time 8,400
Location Apopka, FL
Via Business Jet Services
Multiple sources

Cessna Citation V Ultra Variants

Variant Years Seats Cruise Range Useful load Price range Best for Listings for sale
Citation V 1989–1994 9 390 kts (722 km/h) 1,800 nm (3,334 km) 4,250 lbs (1,928 kg) — Choose the Citation V / Ultra for the lowest-cost entry into this stand-up light-jet class. Choose the Bravo for more efficient PW530A engines and updated systems. Choose the Encore / Encore+ for the most capable of the group — more powerful PW535 engines, more range and the newest avionics, the version most buyers prefer if budget allows. 69
Citation Encore 2000–2009 9 400 kts (741 km/h) 1,900 nm (3,519 km) 4,500 lbs (2,041 kg) $2.4M – $3.8M The most capable Citation V development — a stand-up light jet with more power and range, the top of the classic light-jet line on the used market. 7
Citation ENCORE+ 2006–2009 8 426 kts (789 km/h) 1,750 nm (3,241 km) 4,500 lbs (2,041 kg) — The most capable classic Citation light jet — FADEC engines and updated avionics make it the top of the V, Bravo and Encore line on the used market. 6

Compare Cessna Citation V Ultra

Detailed comparisons for the Cessna Citation V Ultra are being prepared.

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Cessna Citation V Ultra Price & Cost

How much does a Cessna Citation V Ultra cost? Used Citation V Ultra prices: $447K – $2.3M, average $1.8M (median $1.8M); market reference $1.9M, across 14 priced of 2 active listings.

Cessna Citation V Ultra Price Guide

Key price factors: engine time to overhaul, year and airframe hours, avionics, damage history and logbook completeness — see the buying guide below for the full pre-purchase checklist.

Cessna Citation V Ultra Cost of Ownership estimate
Fuel (155.0 GPH × $6.20, 100 hrs)$96,100/yr
Annual Fixed (hangar, insurance, annual)$280,000/yr
Variable (per hour)$1,900/hr
Engine Overhaul (every 4,000 hrs)$280,000
Estimates at 100 flight hours/year. Actual costs vary by usage, location and insurance.

On this Citation the engine maintenance program dominates the budget — hot-section and overhaul time on the Pratt & Whitney / JT15D-class engines, and whether they are enrolled on an hourly program, swing cost far more than purchase price. Add phase inspections, avionics mandates such as ADS-B, insurance and recurrent training; program enrollment and inspections-due decide the real economics, not the headline price.

Cessna Citation V Ultra Value by Model Year

Median asking price by year of manufacture. Newer airframes command a premium; value falls with age then plateaus on older models.

$3550K $2011K $471K
$1700K
$471K
$1895K
$2064K
$3000K
$3225K
$3550K
’90
’93
’01
’04

Lowest around $471,250 (1991 models) · highest around $3,550,000 (2004). Bars scaled across the range to show the depreciation curve; hover for exact medians.

Buying guides: Buyer's Guide | Financing Guide | Pre-Buy Inspection

Buying a Used Cessna Citation V Ultra

Buying a Cessna Citation V Ultra comes down to a focused pre-purchase checklist — here is what matters most on this model:

What to check before buying

The Citation V Ultra (Model 560 Ultra) is the refinement of the base Citation V — same 560 fuselage and straight wing, but with upgrades that raised performance above the original V. Produced 1994–1999, it sits between the base V and the Encore (which re-engined with the Pratt & Whitney PW535A) in the 560-family progression.

What changed from the Citation V: The Ultra received the uprated JT15D-5D engine, a higher MTOW, and additional range compared to the base 560.

Engine program: As with all JT15D-powered Citations, engine program status — whether the engines are enrolled on an hourly maintenance program and whether that program transfers — moves total cost of ownership more than any other single factor. Verify this before closing on any V Ultra.

Versus the Encore: The Encore (1999 onward) replaced the JT15D with the Pratt & Whitney PW535A, providing better economics and a fresher powerplant generation. A late Ultra versus an early Encore is a common comparison; weigh the JT15D support network (mature, widely available) against the PW535A's more modern design.

Buy it if: you want a refined 560-family cabin at a modest premium over the base Citation V, without the step up to the Encore's different engine. The Ultra's improvements over the base V are meaningful if you fly regularly; for occasional use, the base Citation V at lower acquisition cost may deliver equivalent utility.

Frequently Asked Questions — Cessna Citation V Ultra

About the Cessna Citation V Ultra
The Cessna Citation V Ultra (Model 560 Ultra) was produced in the mid-to-late 1990s, powered by two Pratt & Whitney Canada JT15D-5D engines. The Ultra is an enhancement of the Citation V with more thrust for improved performance — higher cruise speed and better climb. It was succeeded by the Citation Encore, which further refined the platform.
Citation V vs V Ultra — what changed?
The JT15D-5D in the Ultra provides more thrust than the base V's engine, improving cruise speed and climb. The Ultra also incorporated updated avionics over the base V. For buyers choosing between V and Ultra in the used market, the Ultra is generally the preferred variant for its performance improvements at a modest acquisition premium.
Citation V Ultra vs Citation Encore — which should I buy?
The Encore (produced after the Ultra) brought further engine improvements and updated avionics, including the Pratt & Whitney Canada PW535A with better performance and lower operating costs. Between a used Ultra and Encore, the Encore is generally preferred — it is the mature, refined version of the same basic platform.
What to inspect on a used Citation V Ultra?
JT15D-5D health on both engines (hot-section inspections, TBO). Pressurization system condition. Avionics — verify current equipment and any updates. Full maintenance records for both engines tracked separately. A pre-buy by a Citation 560-specialist shop is recommended.
Is the Citation V Ultra still a viable used-market aircraft?
Yes — the JT15D family is well-supported and the 560 platform is one of the most numerous light jets in the world. The Ultra occupies a mid-position in the 560 family's used market: more capable than the base V, less refined than the Encore. For budget-constrained buyers, the Ultra offers 560-platform capability at a lower price point than the Encore.

Cessna Citation V Ultra Inventory by Country

United States39
Canada1
France1

Cessna Citation V Ultra Inventory by State

Texas15
Florida12
Arkansas3
North Carolina2
North Dakota2
New York2
Ohio2
Tennessee2
Wisconsin2
California2
Connecticut2

Cessna Citation V Ultra by Price

Under $500k2

Cessna Citation V Ultra by Decade

1990s2

Cessna Citation V Ultra Safety Record

No NTSB events on record for the Cessna Citation V Ultra. Individual aircraft safety records may be available on detail pages.

Source: NTSB Aviation Accident Database

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.
Listings last refreshed yesterday · Data: FAA Registry, NTSB · About our data