Gobbo Capital

Buying guide

Citation II, Bravo, V or Ultra: which to buy with up to US$1 million

Published November 9, 2026.

With up to US$1 million, a buyer of a used business jet usually ends up looking at four Cessna models: Citation II, Citation Bravo, Citation V and Citation Ultra. Below is what the official certification data sheet says about each one and what today's listings show about price and hours. The market figures come from listings we track every day, and the asking price is not the selling price.

The four families, from the official data sheet

All four models sit on the same FAA type certificate, A22CE, which EASA, the European aviation safety agency, reproduces in data sheet IM.A.207.1 The serial number tells you which variant an aircraft really is, and it is the best place to start any conversation.

ModelSerialsFAA certificationEnginesThrust per engineMax. takeoff weightCeiling
Citation II550-0001 to 0505 and 550-0550 to 080019782 × JT15D-42,500 lb13,300 lb (to 0626) · 14,100 lb (0627 on)43,000 ft
Citation Bravo550-0801 on19972 × PW530A2,887 lb14,800 lb45,000 ft*
Citation V560-0001 to 025919882 × JT15D-5A2,900 lb15,900 lb45,000 ft
Citation Ultra560-0260 to 053819882 × JT15D-5D3,045 lb16,300 lb45,000 ft

* Early Bravos (550-0801 to 0820 and 0822 to 0823) have a 43,000 ft ceiling unless modified as described in the data sheet.1 All four models are certificated for up to 11 passengers and require two pilots.1 The Citation II/SP (551) and the S/II (S550) are different variants and are not part of this comparison.

What today's listings show

On November 9, 2026, our search robot was tracking about 95 listings of these four models on portals such as Controller, Trade-A-Plane, GlobalAir, AircraftExchange, AvBuyer and Sprinkle.2 For the Citation II, it only tracks serials 550-0600 and up, the newest ones.

ModelListingsWith published priceAsking price rangeHours (median)
Citation II (550-0600+)104US$0.9 to 1.5M7,900
Citation Bravo~4011US$1.0 to 2.8M4,900
Citation V~153US$1.3 to 1.75M8,600
Citation Ultra~305US$1.1 to 2.0M7,600

Most listings say "call for price", so the ranges above rest on few figures and are only a reference. Listings repeated on more than one portal were counted once, when the serial number allowed us to match them.2

What this means with up to US$1 million

This part is our reading as brokers.

Where to start

Before the model, it helps to define three things: how many hours a year the aircraft will fly, whether the buyer will take on an engine overhaul, and who the two pilots will be. With those answers, the choice between the four usually becomes clear. You can see examples on the pages of the Citation Bravo 550-0995 and the Citation V N560GT, which have been through our hands.

Sources

  1. EASA, type certificate data sheet IM.A.207, Cessna 500, 550, S550, 560 and 560XL, issue 10, July 6, 2022 (FAA type certificate A22CE): easa.europa.eu
  2. Gobbo Capital, daily tracking of Citation listings on industry portals, snapshot of Nov. 9, 2026 (our own data)
  3. FAA, "Notice of Policy Change and Rescission of Single-Pilot Training Exemptions for Certain Cessna Aircraft", Federal Register, Sept. 28, 2026: federalregister.gov