✈️ Cost to Acquire

Pre‑owned market price: US $3.9 million to ~US $7.0 million depending on year, hours, condition. 
Used purchase price : ~US $5.95 million for a used model. 


🔧 Cost to Operate

Fixed Annual Costs (Based on ~200 flight hours/year)

Total annual budget at 200 hours: ~US $1,335,968.


Sample broken‑out fixed costs:

Crew: ~$305,703/year 
Crew Training: ~$57,077/year 
Hangar: ~$50,018/year 
Insurance: ~$17,543/year 
Jet Management: ~$78,000/year 
Miscellaneous Fixed: ~$28,455/year 


Variable Costs (Per Flight Hour Estimate)

Example hourly variable cost: ~$4,368/hr based on 300 hrs/year breakdown. 
Fuel consumption example: ~358 gallons/hour at ~$6.28/gal → ~$2,248/hour fuel. 
Maintenance: ~$1,370/hour average (5‑year avg). 
Engine program/reserves: ~$750/hour. 
At 200 hours/year: variable portion approx US $799,173. 


🛠️ Maintenance & Parts Costs

Engine overhaul interval: Example data shows airframe/engine/avionics parts in variable cost of ~$544/hour for a 200 hr basis.
Scheduled inspections and component life‑limited parts included in maintenance cost lines.


🛬 Airport & Handling Fees

Landing, parking, FBO handling and navigational fees are typically folded into “miscellaneous variable” or “crew/landing/handling” lines in the budget (e.g., ~$30,000/year at 200 hours for misc variable).


📊 Annual Operating Cost Summary

Total Fixed Costs: ~US $536,796/year at 200 hrs.


Total Variable Costs: ~US $799,173/year at 200 hrs.


Total Annual Operating Cost: ~US $1,335,968/year at 200 hrs.


Cost Per Flight Hour: ~$1,335,968 ÷ 200 ≈ US $6,680/hr