Cessna Citation CJ3 Price Guide

What Impacts a Cessna Citation CJ3’s Price?

If you are considering the purchase of a Cessna Citation CJ3 jet, you should remember that the condition and value of one aircraft within the fleet can differ significantly from another (even between aircraft that were produced in the same year).

Fair market value of a specific Cessna Citation CJ3 is essentially a matter to be negotiated between the buyer and seller, but it will account for a variety of different factors, among which is the aircraft’s year of production; how it has been equipped, configured and modified (compared to other aircraft within its fleet); and its maintenance condition.

When assessing the maintenance condition of a Citation CJ3, buyers should account not only for obvious signs of wear and tear on the interior and exterior, but also the aircraft’s proximity to any expensive, scheduled overhauls or inspections, and whether or not the aircraft is enrolled on an hourly maintenance cost program.

All these factors (and others) will have a significant bearing on the final sale price agreed for a Cessna Citation CJ3.

Why Does the Citation CJ3 Fleet for Sale Number Matter?

Another factor that can drive an aircraft’s value on the used market is the percentage of an aircraft’s fleet for sale. As a very rough rule of thumb, newer aircraft (i.e. those aged below five years) tend to command higher buyer interest.

Combined with a relatively small proportion of the fleet being on the market, this can impact the price of a jet, and provide the seller a better bargaining position when the market is active.

When less than 10% of a fleet of aircraft is for sale, traditionally the market has moved into seller’s territory, whereas when more than 10% of the fleet is for sale buyers traditionally dictate the eventual sale prices more.

What Else Should a Cessna Citation CJ3 Buyer Consider?

When assessing whether a Cessna Citation CJ3 is within budget, buyers need to remember the costs don’t stop at the acquisition. There will be ongoing variable hourly operating costs and fixed hourly operating costs to consider.

Find out more in the Cessna Citation CJ3 Buyer's Guide 

How Does the Citation CJ3 Compare With Other Aircraft?

Check out our Cessna Citation CJ3 Jet Comparison articles by industry expert, Mike Chase, here:

• Cessna Citation CJ3 and CJ3 Plus vs Hawker 400XP vs Bombardier Learjet 31a
• Aircraft Comparative Analysis Cessna Citation CJ3