Cessna Citation II/SP 551 for sale: listings and price

Cessna Citation II/SP 551 for sale: listings and price · Jet Tracker

Acquisition price · pre-owned market

4 active listings (global)Jet Tracker curation · 5 sources · 04/06/2026

US$ 850.0 milR$ 4.4 mi

market medianaging ≈ −-3.4%/yr−55% vs Light Jet median

Entry

US$ 750.0 mil

model year 1985

Best value

US$ 750.0 mil

model year 1985

Top of range

US$ 915.0 mil

model year 1979

Basis

Valuation

Bluebook + market

Minimum

US$ 650.0 mil

R$ 3.3 mi

Median

US$ 850.0 mil

R$ 4.4 mi

Maximum

US$ 1.3 mi

R$ 6.9 mi

Depreciation curve by year of manufacture

CAGR -3.3%/yr·1979→1985

Market median by vintage (USD). Light-blue band = min/max range observed across real listings. Points without reliable public listings (n ≤ 1) use Bluebook/curve interpolation and are flagged as lower confidence.

5 of 5 points with reduced confidence (n ≤ 1 listing observed). The estimate for these years comes from Aircraft Bluebook / market-curve interpolation, not from direct listings.

Landed in Brazil

Index ≈ ×1.16 to ×1.43 on the aircraft value, already with ferry, ANAC nationalization and ICMS.

Air taxi

US$ 751.0 mil – 1.7 mi

R$ 3.8 mi – 8.5 mi · ICMS Agreement 75/91 · ~4 to 5%

Private use

US$ 842.0 mil – 1.9 mi

R$ 4.3 mi – 9.8 mi · ICMS ~18 to 25%

Market estimate: value + ferry + ANAC nationalization + ICMS, no legal review. Federal taxes (II/IPI/PIS/COFINS) ~0% for aircraft (NCM 88.02); the weight is the state ICMS, higher for private use.

Cost per flight hour

Operate · owned

US$ 2.2 mil/h

R$ 11.1 mil/h · Variable/h

Fixed/yr: US$ 255.9 mil
Total/h @ 400 hrs/yr: US$ 2.8 mil/h

Charter · 🌎 World

US$ 2.3 mil – 2.9 mil/h

R$ 11.8 mil – 14.7 mil/h

Charter · 🇧🇷 Brazil

US$ 3.0 mil – 5.5 mil/h

R$ 15.4 mil – 28.2 mil/h

Operate = direct cost/hour (fuel + maintenance + engine); excludes fixed costs (hangar, crew, insurance). World: Paramount Business Jets lists Citation II/SP avg ~US$2,850/hr; Air Charter Advisors gives Citation II range US$2,300-2,875/hr. BR: no Citation-II/SP-specific hourly figure published; range inferred from Flapper category bands (light jets sit above the turboprop ~US$2,200/hr floor) and CJ-class per-leg quotes (e.g. CJ1 Jundiai-Curitiba R$42,090 / ~US$7,950). BR band approximate.

How we read this price · 5 sources · researched 04/06/2026

Pre-owned single-pilot Citation II/SP (model 551, ~83 built 1977-1985, ~61 still flying as of Jul 2024). Acquisition anchored on planephd PAPI estimate US$814,482 (Mar 1 2026), AvBuyer IISP asking range US$930k-1.345M (5 listings), aircraftforsale 1979 (s/n 551-0026) at US$915,000, AirCraft24 1982 (s/n ~7,841h) at US$880,200, and Aircraft Bluebook Summer 2024 averages of ~US$0.65-0.70M for late-production high-time 1987-88 frames. Median ~US$850k reflects center of asking/sold; min ~US$650k = high-time/Bluebook low; max US$1.345M = top of current asking. DOC US$1,671/hr = planephd total variable cost (1979, 165 GPH @ US$4.90: fuel US$808.50 + overhaul reserve US$434.70 + maint US$262.48 + misc US$165.63). Sources accessed 2026-06-04.

planephd - Cessna Citation II SP 551 valuation & operating cost, PAPI estimate US$814,482 (Mar 2026); total variable US$1,671.31/hr; accessed 2026-06-04
AvBuyer - Cessna Citation IISP for sale, 5 listings, asking US$930k-1.345M; ~61 of 83 still flying Jul 2024; accessed 2026-06-04
aircraftforsale.com - 1979 Cessna 551 Citation II/SP, 1979 s/n 551-0026 at US$915,000 (listing index; deep link 404 on 2026-06-04)
AirCraft24 - Cessna Citation II/SP 551 single pilot

Market estimates for guidance only, not a firm quote. Confirm the value with a broker/appraiser before any transaction.

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