The Cessna Citation Latitude is a mid-size business jet that has become one of the most successful new jet launches of the past decade. Its flat-floor cabin, impressive range and strong residual values make it an attractive choice for both first-time jet buyers and upgraders. Pre-owned Latitudes typically trade between £7m and £12m.
Aircraft Specifications
| Category | Mid-size jet |
|---|---|
| Typical price range | £7m–£12m |
| Range | 2,850 nm |
| Passengers | Up to 9 |
| Registration | G-reg or N-reg |
Worked Finance Example
| Purchase price | £9,000,000 |
|---|---|
| Deposit (20%) | £1,800,000 (20%) |
| Loan amount | £7,200,000 |
| Indicative rate | 6.3% p.a. |
| Term | 10 years |
| Monthly payment | approx. £80,000/month |
Indicative only. Actual payments depend on lender, rate, balloon and fees.