Hangar67A Price drop $55,000N910RB

1981 Cessna Citation II

Slidell, LA Listed 2 months ago

Specifications

Year: 1981
Total time (TTAF): 10,383 hrs

How this stacks up

1 in this listing's favor

Listed 2 months ago
On the market for a month or more — worth asking about negotiating room
Price reduced $55,000
Down 9% from the original $630,000 — a seller motivation signal
3/5 key specs
Most key specs are provided; verify any missing details with the seller

This summary draws on signals shown in detail below — price comps, listing age, maintenance and engine status, and key specs. Read each section for full context. Not an appraisal.

Airframe time

Average over the aircraft's life — 10,383 hrs total time across ~45 years. A rule of thumb, not a guarantee.

≈231 hrs/yrHigh time

High utilization

This airframe has averaged about 231 hrs/year over ~45 years — more than most personal aircraft. Regular flying keeps engines and systems healthy, but it also adds cumulative wear, so review the maintenance history, component overhauls, and how the total time compares with the type's typical service life.

Price history

Price reduced· Aug 27, 2026$575,000−$55,000 (-9%)
Listed · Jun 27, 2026$630,000

Cost to own

Rule-of-thumb estimates — insurance ≈ 1% of price, hangar $7,500/yr, annual inspection $2,500/yr, fuel + oil at your selected hrs/yr. Your actual costs will vary.

As a sole owner

$2,313/mo$27,750/yr

≈ $278 per flight hour at 100 hrs/yr — flying fewer hours raises this (fixed costs spread over fewer hours)

$575,000 to buy (the asking price)

At 100 hrs/yr, renting at $150/hr would be $12,750 cheaper annually — fly more to see ownership savings.

Ownership	Buy-in	Monthly	Annual
Full ownership (sole)	$575,000	$2,313/mo	$27,750/yr
1/2 share	$287,500	$1,656/mo	$19,875/yr
1/3 share	$191,667	$1,438/mo	$17,250/yr
1/4 share	$143,750	$1,328/mo	$15,938/yr

Buy-in is the asking price split evenly across partners — what you'd each pay to acquire the aircraft (the real figure is negotiated). Fixed costs (insurance, hangar, inspection) split equally by number of partners; fuel/oil is per-pilot since each partner flies their own hours.

Run your own numbers Find a co-owner on ClubHanger

Price

$575,000

$630,000

Co-ownership available

6 co-ownership shares listed for Cessna aircraft on ClubHanger.

From $14,000 buy-in — split the fixed costs with a partner instead of owning outright.

Browse Cessna partnerships

Pilots looking to co-own

5 pilots are looking to co-own a Cessna on ClubHanger.

See who's looking

Listing trust

1/4

Complete detailsYear, registration, make/model, and a full description.
Maintenance disclosedAirframe (TTAF) and engine (SMOH) times are listed.
Transparent priceA real asking price, not "contact for price".
Posted by a memberListed by a signed-up ClubHanger member, not a scraped aggregator.

What do these mean? →