I’m going to start posting some “basics” info about aircraft to help educate those who find their way to Beechtalk when doing research and to help dispel bad information that finds its way to the internet.

One I hear a lot is the “M2 Mustang” and the M2 is a 525 series, not a 510 Mustang.

Cessna created this confusion by starting the Mustang line and then five years later coming out with the M2. Many people assume the M2 is just a variation of or a larger Mustang.

The reality is the M2 is actually a CJ1+ with winglets and a Garmin G3000 flight deck. There are significant interior improvements and the airplane is so nice that it feels like it’s a new creation, when in reality Cessna simply took a great airplane, cleaned it up and made it even better.

Questions?

Only one question. How much $$ to fly 150 hrs per year? All in. Fixed+Variable. New airplane. If you can answer that, I'll put you in the unicorn category.

What's the lowest price you've found one for a client Chip?

Off the top of my head about $550,000.00 a year.

It gets much more complicated than that, especially calculating residual value. That is simply total op cost and the monthly payment.

The actual cost will depend on the situation, tax benefits, etc.

We haven’t gone after the cheapest one, but I would guess sub $3M on programs.