
Lowest Price: $300,000 Highest Price: $1,750,000
The Cessna Citation 500 was one of the first turbofan corporate jets introduced to the aircraft for sale market in 1971. The development of the Cessna Citation 500 involved a longer-than-expected development flight test program due to a number of continuous changes to the design. Citations have the design option of five, six or seven passengers.
The Cessna Citation 500 was powered by two Pratt & Whitney Canada JT15D-1 turbofan engines. Cessna's use of a turbofan compared to competitor Learjet's turbojet resulted in the Citation 500 being more than 120 knots slower compared to the Learjet 25.
The Citation 500 had a cruse speed if of 348 knots with a range of 1215 nautical miles in the competitive aircraft sales market. This led to mockery in the aviation industry with nicknames such as Slowation and Nearjet.
By1976, the Citation 500 was improved. It now landed on shorter strips, carried a higher max gross weight, and had thrust reversers. This new Citation became the Cessna Citation I.
The Citation I model had a cruising speed of 357 knots and range of 1328 nautical miles. From 1976 to 1985 a total of 377 Citation 1 were constructed.
The Citation 1 market acceptance originally was limited by its need for two pilots even though it was intended to be marketed against twin turboprops which require only one pilot. In 1977, the Citation I version 501 was introduced to answer market demands for a Citation I flown by a single pilot.
A total of 312 Citation I version 501s were produced between 1977 and 1985.
Used Citation 500 for sale and used Citation 501 for sale are limited in the jets for sale class.









