1980 CESSNA CITATION 500 SP
Starts from the median asking price of 5 comparable Cessna CITATION 500 SP listings ($639,500), then adjusts for:
- Year +4 vs comparable listings +6.0%
- Airframe time -5,131 hr vs comps +10.3%
- Autopilot (60% of comps) +5.7%
- No ADS-B (60% of comps have one) -1.6%
- Market supply: 17 for sale of 189 FAA-registered -2.5%
Shown as a range. An estimate from asking-price comparables and FAA supply data — not an appraisal.
Overview
| Make / Model | Cessna CITATION 500 SP |
|---|---|
| Type | Jet |
| Airframe time | 4,998 hrs |
| Engine time | 1680 SMOH |
| Inspection | Phase |
Description
Detailed Description Citation 501 I/SP in immaculate condition. Current owner has owned for 30 years. A true pride of ownership airplane! 4,998 TT ' Fresh Phase Compliance ' Both engines with fresh Hot Section Inspections (HSI) (see invoices). Single Pilot Certified. Typical Seating: 5-7 passengers. Crew: Single pilot certified. Cabin Height: ~4 ft 9 in/Cabin Width: ~4 ft 10 in/Cabin Length: ~11 ft - See Attached Cescom Status Sheet in the PDF download tab of this posting. Enrollment in Textron/Cessna LUMP (Low utilization program) No Phase 5 due for 2 years, call for details. Excellent finance options are available on this Unique and well maintained Citation I/SP Competitive Rates as in the and extended terms (oac). Lease-to-own options may be available, depending upon situation. We assist with financing even if you are buying elsewhere, visit: goJetsWest.com Professionally maintained 1980 Citation 501 I/SP with complete CESCOM tracking and current inspection status. Excellent financing available 20 year - in the 6%s (oac). We are aviation finance and insurance specialists (Lic# 4165879). Trades of most all types are welcome - for more information, visit our website at: gojetswest.com. ✈ OPERATING PERFORMANCE Cruise Speed: ~380 KTAS Max Cruise: ~410 KTAS (high altitude) Range: ~1,200 NM (NBAA IFR reserves, 4 pax typical) Service Ceiling: 41,000 ft Rate of Climb: ~3,000 fpm initial Takeoff Distance: ~3,300 ft (sea level, ISA) Landing Distance: ~2,600 ft ⛽ OPERATING ECONOMICS Fuel Burn: • ~1,200-1,300 lbs/hr combined (first hour) • ~900-1,000 lbs/hr combined (cruise average) Engines: Pratt & Whitney JT15D series Fuel Capacity: ~5,000 lbs usable (specifications are general and may not be applicable to this particular airplane - do your own research to verify specifications and performance figures) This aircraft presents an excellent value opportunity for an owner-operator seeking a well-maintained 500-series platform with solid compliance history. For additional information call my cell at 702-801-0966 (call/text) or email direct: [email protected] (website: gojetswest.com) We welcome trade-ins of most any type and are spot cash buyers for Turbine, Turbo-Prop and Cabin Class aircraft. Call or visit for a cash quote or current market overview and valuation at goJetsWest.com or call me at 702-801-0966 call/text /stan INSPECTION STATUS No major Phase events immediately pending Fire bottle cartridges replaced Feb 2026 Recent hydrostatic tests completed Good calendar compliance profile. ✈ OPERATING PERFORMANCE Cruise Speed: ~380 KTAS Max Cruise: ~410 KTAS (high altitude) Range: ~1,200 NM (NBAA IFR reserves, 4 pax typical) Service Ceiling: 41,000 ft Rate of Climb: ~3,000 fpm initial Takeoff Distance: ~3,300 ft (sea level, ISA) Landing Distance: ~2,600 ft ⛽ OPERATING ECONOMICS Fuel Burn: • ~1,200-1,300 lbs/hr combined (first hour) • ~900-1,000 lbs/hr combined (cruise average) Engines: Pratt & Whitney JT15D series Fuel Capacity: ~5,000 lbs usable 🧳 CABIN Typical Seating: 5-7 passengers Crew: Single pilot certified Cabin Height: ~4 ft 9 in Cabin Width: ~4 ft 10 in Cabin Length: ~11 ft All specifications, times, and equipment descriptions are subject to verification by purchaser. Information is provided from maintenance records and other sources believed reliable; however, no representation or warranty is made as to accuracy or completeness. Aircraft is offered subject to prior sale, lease, or removal from the market without notice. 4,998.7 Total Time 4,437 Landings Phase 1-4 completed June 2025 Phase 12 completed Feb 2026 Phase 20 completed June 2025 RVSM compliant Transponder & Altimeter certifications current ELT battery current to Feb 2028 All maintenance tracked in CESCOM.
Modifications
Pratt & Whitney JT15D-1A Total Time: 4,998.7 Hours (Both Engines) Overhaul Completed: December 2003 Approx. 1,610 Hours Since Overhaul 3,500 Hour TBO Fresh Hot Section Inspections (HSI) Complete CESCOM Tracking
Avionics
HF Communication Transceivers Collins VHF-20A (Top Comm) Collins VHF-21A (Bottom Comm) VHF Communication Antennas CI211-1 (No. 2) VFS10-90-5 (No. 1) HF System HF Receiver-Exciter HF Control Head HF Power Amp / Antenna Coupler 🎧 Audio System Dual Audio Amplifiers Cabin & Cockpit Speakers Telex Headsets 🧭 Transponder Dual ATC Transponders (FAR 91.413 certification current per Phase 20) 🛫 Autopilot System SP-200 Autopilot Computer PC-500 Autopilot Controller SM-200 Aileron Servo SM-200 Elevator Servo Rudder Servo
Recommended avionics upgrades
No IFR GPS navigator is listed — a GTN 650Xi is the standard entry point for WAAS/LPV capability.
See prices & suppliers ›No ADS-B is listed — a GTX 345 delivers required ADS-B Out plus In (traffic & weather) in one transponder.
See prices & suppliers ›Suggestions are based on the panel described in this listing; verify STC approval for this make/model before any installation.
Service Difficulty Reports (SDRs)
Checking FAA service difficulty reports…
Airworthiness Directives (ADs)
Checking airworthiness directives…
How this aircraft compares
Where this Cessna CITATION 500 SP lands versus other Cessna CITATION 500 SP listings on fyiAero.
Price
60th pct$640k · 60th percentile of 5 listings
Airframe time
20th pct4,998 hours total (TTAF) · 20th percentile of 5 listings
Engine time (Engine 1)
60th pct1,680 hours since major overhaul · 60th percentile of 5 listings
Engine time (Engine 2)
40th pct1,680 hours since major overhaul · 40th percentile of 5 listings
Percentile = share of comparable listings at or below this value. Lower airframe/engine hours are generally fresher; price reflects the asking price only.
Operating costs & specifications — Cessna Citation 500
Typical model-level figures for the Cessna Citation 500 (not this specific airframe).
Performance & dimensions
| Range | 900 nm |
|---|---|
| Cruise speed | 355 kts · 409 mph |
| Takeoff / landing | 2660.0 / 2300.0 |
About this plane
Twin engine turbofan aircraft. The Citation 500 seats up to 6 passengers plus 2 pilot(s).
Previous listing for N551MS
1980 CESSNA CITATION ISP
- Then asking
- $640k
- Airframe
- 4,998 hrs
- Engine
- 1,610 hrs
Range from base
Still-air range ring — type an aircraft to change it. Compare aircraft on the Range tool ›
Last flight
Actual flight path from FlightAware for N551MS. More flight tracking ›
