1974 CESSNA CITATION 500
Starts from the median asking price of 142 comparable CESSNA Jet listings ($2,050,000), then adjusts for:
- Year -27 vs comparable listings -20.0%
- Airframe time +2,780 hr vs comps -5.6%
- Engine time +6,510 hr vs comps -12.0%
- Modern GPS navigator (uncommon in comps) +3.0%
- Autopilot (uncommon in comps) +2.0%
- Market supply: 12 for sale of 64 FAA-registered -5.0%
Shown as a range. An estimate from asking-price comparables and FAA supply data — not an appraisal.
Overview
| Make / Model | CESSNA CITATION 500 |
|---|---|
| Type | Jet |
| Airframe time | 9,359 hrs |
| Engine time | 10,123 SNEW |
| Avionics / flight deck | BENDIX/KING |
| Avionics / GPS | Garmin GNS 530 |
| Avionics / Transponder | Garmin GTX 345R |
| Avionics / Other | Garmin GNS-530W, Garmin GNS 430 |
| ADS-B | Yes |
| Inspection | Phase |
Description
The Cessna Citation 500 marked the beginning of a legacy—introducing business aviation to the concept of a light jet that’s simple, reliable, economical, and the foundational model in the legendary Citation family. Equipped with a pair of Pratt & Whitney JT15D-1 turbofan engines, the Citation 500 delivers a max cruise speed of approximately 350 knots and a range of about 1,300 nautical miles. Its low stall speed, short takeoff/landing distances, and simple handling make it a forgiving aircraft—even on shorter runways. Though its avionics suite varies by upgrade history, this aircraft had a retrofit with EFIS displays, Garmin 530W/430 COMM, NAV, GPS-WAAS, MFD, and GTX Trans-ADS-B. Pilots appreciate its intuitive layout and solid systems, making it a practical option for single-pilot or dual-pilot operations.
Modifications
Sierra Mod Aft Divan Coffeeville Aft Baggage Mod Bendix/King EFIS ED-551A Upgrade This Citation 500 is equipped with Artex ELT, Garmin GNS-530/430 COMM/NAV-GPS, GTX-345R (ADS-B), Angle of attack, J.E.T. standby gyro, pitot heat monitor, Davtron chronometer, Goodrich-3 heavy-duty brakes, engine fan/turbine synch, high-capacity oxygen system, Coffeeville aft baggage mod, portable fire extinguisher, lead-acid batteries
Avionics
Honeywell- Bendix King ADF: King KDF-800 Autopilot: King KFC-325 IFCS Communication Radios: Garmin GNS-530W & GNS-430 DME: Dual King KN-63 Flight Director: King KFC-325 IFCS GPS: Garmin GNS-530W (WAAS) & GNS-430 Navigation Radios: Garmin GNS-530W & GNS-430 Stormscope: BFGoodrich WX-950 TAWS: Garmin GNS-530W TAWS TCAD: Ryan ATS-9900B Transponder: Garmin GTX-345R Transponder (ADS-B out) Weather Radar: King RDS-81 color
How this aircraft compares
Where this CESSNA CITATION 500 lands versus other CESSNA CITATION 500 listings on fyiAero.
Airframe time
50th pct9,359 hours total (TTAF) · 50th percentile of 6 listings
Engine time (Engine 1)
99th pct10,123 hours since new · 99th percentile of 6 listings
Engine time (Engine 2)
99th pct9,157 hours since new · 99th percentile of 6 listings
Percentile = share of comparable listings at or below this value. Lower airframe/engine hours are generally fresher; price reflects the asking price only.
General
| Year | 1974 |
|---|---|
| Manufacturer | CESSNA |
| Model | CITATION 500 |
| Serial Number | 500-0163 |
| Registration # | N54JV |
| Condition | Used |
| FlightRules | IFR |
| Based at | ASL |
Airframe
| Total Time | 9,359 |
|---|---|
| Total Landings | 8,551 |
| Max Takeoff Weight | 11,500 lb |
Engine 1
| Engine 1 Make/Model | PRATT & WHITNEY JT15D-1 |
|---|---|
| Engine 1 Serial Number | PCE-77112 |
| Engine 1 Time | 10,123 SNEW |
| Engine 1 TBO | 3500 |
| Engine 1 Cycles | 10,193 |
| Hot Section Time 1 | 1,551 |
Engine 2
| Engine 2 Make/Model | PRATT & WHITNEY JT15D-1 |
|---|---|
| Engine 2 Serial Number | PCE-76356 |
| Engine 2 Time | 9,157 SNEW |
| Engine 2 TBO | 3500 |
| Engine 2 Cycles | 8,026 |
| Hot Section Time 2 | 1,427 |
Avionics
| Flight Deck Manufacturer/Model | BENDIX/KING |
|---|---|
| ADS-B Equipped | Yes |
| WAAS | Yes |
| Avionics/Radios | Honeywell- Bendix King ADF: King KDF-800 Autopilot: King KFC-325 IFCS Communication Radios: Garmin GNS-530W & GNS-430 DME: Dual King KN-63 Flight Director: King KFC-325 IFCS GPS: Garmin GNS-530W (WAAS) & GNS-430 Navigation Radios: Garmin GNS-530W & GNS-430 Stormscope: BFGoodrich WX-950 TAWS: Garmin GNS-530W TAWS TCAD: Ryan ATS-9900B Transponder: Garmin GTX-345R Transponder (ADS-B out) Weather Radar: King RDS-81 color |
Additional Equipment
| Additional Equipment | This Citation 500 is equipped with Artex ELT, Garmin GNS-530/430 COMM/NAV-GPS, GTX-345R (ADS-B), Angle of attack, J.E.T. standby gyro, pitot heat monitor, Davtron chronometer, Goodrich-3 heavy-duty brakes, engine fan/turbine synch, high-capacity oxygen system, Coffeeville aft baggage mod, portable fire extinguisher, lead-acid batteries |
|---|
Modifications/Conversions
| Modifications/Conversions | Sierra Mod Aft Divan Coffeeville Aft Baggage Mod Bendix/King EFIS ED-551A Upgrade |
|---|
Interior
| Year Interior | 2000 |
|---|---|
| Number of Seats | 5 |
| Galley Configuration | Forward |
Exterior
| Year Painted | 2005 |
|---|
Inspection Status
| Inspection Status | Maintenance Tracking via CESCOM Phase 1-4 (24m/300-Hour) – Due to be Completed Phase 5 (36m/1,200-Hour) – Due to be Completed |
|---|
Engine Program
| Engine Maintenance Program | None |
|---|