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2023 CESSNA CITATION M2 GEN 2

🕒 Listed 4 months ago
$5,500,000
fyiEstimate $5,568,500–$5,709,500 ⓘ How this estimate is built

Starts from the median asking price of 8 comparable Cessna CITATION M2 GEN 2 listings ($5,660,000), then adjusts for:

  • Airframe time +470 hr vs comps -0.9%
  • Engine time +374 hr vs comps -1.5%
  • ADS-B (50% of comps) +1.3%
  • Market supply: 11 for sale of 219 FAA-registered +0.8%

Shown as a range. An estimate from asking-price comparables and FAA supply data — not an appraisal.

2023
706 hrs
N540JL ✈ Flight Tracking
Oct 18, 2026 (39 hours ago)
525-1138
—
2
—
Bank Of Utah Trustee Corporation
Per the FAA aircraft registry (public record)

Overview

Make / ModelCessna CITATION M2 GEN 2
TypeJet
Airframe time706 hrs
Engine time706 SNEW
Avionics / flight deckGARMIN
Avionics / TransponderGARMIN GTX 3000, GARMIN GTS 800
Avionics / Weather radarGWX 70
Avionics / Terrain / EGPWSTAWS
Avionics / Traffic (TCAS / TAS)TCAS
RVSM ADS-B

Description

• Engines on Tap Advantage Blue • Enrolled on ProParts and ProTech • Six Passenger Interior • Garmin 3000 Avionics System • One Corporate Owner Since New • 706 Hours Total Time Since New

Modifications

XM Graphical Weather & Radio Weather Flight Stream 510 LH & RH Cabin 220V/USB Outlets VHF Datalink Radio Crew Seat Sheepskin Covers Tail Flood Lights Ni-Cad Battery

Avionics

Garmin G3000 Integrated Avionics System Three 14-diagnal-inch LCD Displays – Two Primary & One Multifunctional Dual full color touchscreen LCD Control Panels Dual Integrated Avionics include GPS, VHF Voice and Navigation Radios Dual Flight Management System (FMS) with LNAV/VNAV and LPV Approaches Dual GTX 3000 Transponders with ADS-B Out Capability Dual DME 4000 Receiver GWX 70 Weather Radar. ADF 3500 WX-1000E Stormscope Electronic Charts Terrain Awareness Warning System (TAWS) GTS-8000 Traffic Collision Avoidance System (TCAS) Artex C406-N Emergency Locator Transmitter (ELT) Enhanced Vision System (EVS) Synthetic Vision Technology RVSM Air Data Computer EFD-750 Electronic Standby Indicator ALT-4000 Radar Altimeter Cockpit Voice Recorder (CVR) Angle of Attack Indexer FANS 1/A Link 2000+ CPDLC ACARS Windshear Detection LH & RH FN20 Cooling Fans GDU 1400 Display

Recommended avionics upgrades

Garmin GTN 650Xi

No IFR GPS navigator is listed — a GTN 650Xi is the standard entry point for WAAS/LPV capability.

See prices & suppliers ›
Digital autopilot (Garmin GFC 600 / S-TEC 3100)

No autopilot is listed — a GFC 600 or S-TEC 3100 digital autopilot is a major capability and value add, subject to STC approval for this model.

Shop options ›

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 M2 GEN 2 lands versus other Cessna CITATION M2 GEN 2 listings on fyiAero.

Price

20th pct
$5.5M$7.5MThis aircraft · $5.5M

$5.5M · 20th percentile of 5 listings

Airframe time

99th pct
10706This aircraft · 706

706 hours total (TTAF) · 99th percentile of 8 listings

Engine time (Engine 1)

99th pct
10706This aircraft · 706

706 hours since new · 99th percentile of 7 listings

Engine time (Engine 2)

99th pct
10706This aircraft · 706

706 engine hours · 99th percentile of 7 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

Year2023
ManufacturerCESSNA
ModelCITATION M2 GEN 2
Serial Number525-1138
Registration #N540JL
ConditionUsed

Airframe

Total Time706

Engine 1

Engine 1 Time706 SNEW

Engine 2

Engine 2 Time706

Avionics

Flight Deck Manufacturer/ModelGARMIN
Avionics/RadiosGarmin G3000 Integrated Avionics System Three 14-diagnal-inch LCD Displays – Two Primary & One Multifunctional Dual full color touchscreen LCD Control Panels Dual Integrated Avionics include GPS, VHF Voice and Navigation Radios Dual Flight Management System (FMS) with LNAV/VNAV and LPV Approaches Dual GTX 3000 Transponders with ADS-B Out Capability Dual DME 4000 Receiver GWX 70 Weather Radar. ADF 3500 WX-1000E Stormscope Electronic Charts Terrain Awareness Warning System (TAWS) GTS-8000 Traffic Collision Avoidance System (TCAS) Artex C406-N Emergency Locator Transmitter (ELT) Enhanced Vision System (EVS) Synthetic Vision Technology RVSM Air Data Computer EFD-750 Electronic Standby Indicator ALT-4000 Radar Altimeter Cockpit Voice Recorder (CVR) Angle of Attack Indexer FANS 1/A Link 2000+ CPDLC ACARS Windshear Detection LH & RH FN20 Cooling Fans GDU 1400 Display

Additional Equipment

Additional EquipmentXM Graphical Weather & Radio Weather Flight Stream 510 LH & RH Cabin 220V/USB Outlets VHF Datalink Radio Crew Seat Sheepskin Covers Tail Flood Lights Ni-Cad Battery

Inspection Status

Inspection StatusEnrolled on ProParts and ProTech Majority of CMP Codes Completed & Next Due as follows: Inspection - Last Completed - Next Due Doc 10 - 04/2026 - 04/2029 Doc 11 - 03/2023 - 03/2029 Doc 12 - 04/2026 - 04/2027

Engine Program

Engine Maintenance ProgramTAP Advantage Blue

Operating costs & specifications — Cessna Citation M2 Gen2

Typical model-level figures for the Cessna Citation M2 Gen2 (not this specific airframe).

$1,066,631annual budget · 325 hrs/yr
$2,171variable cost / hour
$5.43cost per nm
130.0gph fuel burn
$6,000,000avg pre-owned asking fyiEstimate  $5,568,500–$5,709,500

Annual cost breakdown

Low useHigh use
Hours / year200325
Fuel$187,200$304,200
Fixed$361,056$361,056
Variable$434,200$705,575
Total / hour$3,976$3,282

Performance & dimensions

Range1,300 nm
Cruise speed360 kts · 414 mph
Seating1 crew + 6 passengers
Cabin H × W × L4' 9" × 4' 9" × 11' 0"
Interior volume252 ft³
Takeoff / landing3200 ft / 2800 ft

About this plane

The Cessna Citation M2 Gen2 has a variable operating cost of $1,943 per hour. It provides a ferry range of 1,300 nautical miles and cruises at a normal speed of 400 knots (460 mph), with an average fuel burn of 130 gallons per hour. The cabin of the Citation M2 Gen2 measures 4'9" high, 4'9" wide, and 11'0" long, offering 252 cubic feet of interior volume. With a refined and modern layout, it accommodates up to 6 passengers, making it ideal for executive and regional travel. Requiring 3,200 feet for takeoff and 2,800 feet for landing, the Citation M2 Gen2 is well-suited for short-runway operations while maintaining strong performance at high altitudes. Get a Personalized Demo See AviaCost in action with a tailored walkthrough of Cessna Citation M2 Gen2's full ownership model — including trip costs, depreciation, and branded PDF reports.

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 N540JL. More flight tracking ›