The Complete Guide to Cessna Citation M2 Gen2 Financing

The Cessna Citation M2 Gen2 represents the latest evolution of Cessna's popular entry-level jet, combining proven performance with enhanced technology and comfort features. As one of the most accessible paths to jet ownership, the Citation M2 Gen2 offers exceptional value, efficiency, and the renowned Citation reliability that has made it a favorite among owner-operators and business travelers.

This comprehensive guide covers everything you need to know about financing a Cessna Citation M2 Gen2, from current market values and ownership costs to lender requirements and the complete aircraft acquisition process.

Overview of the Cessna Citation M2 Gen2 Market

Current Market Values

• New Citation M2 Gen2: $5,995,000 - $6,500,000
• Citation M2 Gen2 (2019-2024): $5,200,000 - $5,900,000
• Original Citation M2 (2013-2019): $3,800,000 - $5,200,000
• Early M2 Models (2013-2016): $3,200,000 - $4,200,000

Key Features and Capabilities

• Engines: Twin Williams FJ44-1AP-21 turbofans (2,420 lbs thrust each)
• Maximum Range: 1,550 nautical miles
• Maximum Speed: 404 knots true airspeed
• Cabin Configuration: 4-7 passenger seating
• Maximum Altitude: 41,000 feet
• Avionics: Garmin G3000 integrated flight deck

Gen2 Enhancements

• Improved Interior: Enhanced cabin design with premium materials
• Advanced Connectivity: High-speed internet and wireless capabilities
• Enhanced Avionics: Latest Garmin G3000 with additional features
• Operational Improvements: Enhanced performance and efficiency

The Citation M2 Gen2's position as Cessna's entry-level jet, combined with the manufacturer's strong reputation and extensive support network, makes it an attractive financing option with favorable terms from aviation lenders.

Aircraft Financing Considerations

Down Payment Requirements

Most aircraft lenders require moderate down payments for Citation M2 Gen2 financing:

• New Aircraft: 15-20% down payment
• Used Aircraft (less than 10 years): 20-25% down payment
• Older Aircraft: 25-30% down payment

Interest Rates and Terms

Current Citation M2 Gen2 financing rates (as of 2025):

• New Aircraft: 6.0% - 7.5% APR
• Used Aircraft: 6.5% - 8.0% APR
• Loan Terms: 15-20 years (20 years typical for new aircraft)

Loan-to-Value Ratios

• Maximum LTV: 80-85% for qualified buyers
• Typical LTV: 75-80% for most transactions
• Factors Affecting LTV: Aircraft age, total time, maintenance history, equipment configuration

Cost of Ownership Analysis

Operating Costs (Per Hour)

• Fuel: $750-950 (125-150 GPH at current Jet A prices)
• Maintenance: $900-1,300
• Insurance: $120-200
• Crew (if applicable): $700-1,000
• Total Direct Operating Costs: $2,470-3,450 per flight hour

Fixed Annual Costs

• Insurance: $30,000-45,000 (varies by pilot experience and usage)
• Annual Inspection: $40,000-60,000
• Hangar: $12,000-30,000 (location dependent)
• Registration/Taxes: $5,000-25,000
• Recurrent Training: $18,000-28,000 annually

Sample Monthly Budget

For a $5,500,000 Citation M2 Gen2 with 20% down:

• Loan Payment: $35,200 (20-year term at 7.0%)
• Insurance: $3,100
• Hangar: $1,800
• Maintenance Reserve: $6,500
• Training Reserve: $2,000
• Total Fixed Costs: $48,600/month

How to Qualify for Citation M2 Gen2 Financing

Credit Requirements

• Minimum Credit Score: 700-720
• Preferred Credit Score: 750+
• Credit History: Strong personal and business credit profile

Income and Net Worth Requirements

• Annual Income: $1,400,000+ for individuals
• Net Worth: $7,000,000+ typically required
• Liquidity: Substantial liquid assets beyond down payment
• Business Revenue: $14,000,000+ for corporate purchases

Aviation Experience Requirements

• Pilot Certificate: Commercial or ATP certificate preferred
• Type Rating: CE-525 type rating required
• Flight Hours: 1,000+ hours, 100+ in jets preferred
• Training Program: Approved initial and recurrent training required

Conclusion

Cessna Citation M2 Gen2 financing provides an excellent pathway to jet ownership, combining proven Citation reliability with modern enhancements and competitive operating costs. The aircraft's position as an entry-level jet with premium features makes it an attractive investment for qualified buyers seeking to enter or upgrade within the jet market.

Success in Citation M2 Gen2 financing requires careful preparation, adequate financial resources, and experienced aviation professionals throughout the acquisition process. The aircraft's strong market position and comprehensive support network provide excellent value retention potential.