1979 CESSNA CITATION 501SP | FRESH PHASE I-V | Currently on 135
N204CA | S/N 501-0283 | $380,000
Total Time: 7,788.4 TIS
Total Cycles: 8,611
HIGHLIGHTS
FRESH Phase I–V Inspections – Completed April 2026
Phase 20 Completed April 2026
Priced to sell at $380,000
Straightforward 501SP — ready to go
No major inspections currently due
Reversers
ENGINES (Pratt & Whitney JT15D)
Engine 1:
5,871.9 TIS | 1,393.7 SMOH | 1,393.7 SHSI | 4,790 Cycles
Engine 2:
2,975.5 TIS | 2,975 SMOH | 576.6 SHSI | 2,723 Cycles
AIRFRAME & MAINTENANCE
Phase I–V completed April 2026
Good overall maintenance status
No known major upcoming events
RVSM
INTERIOR / EXTERIOR
Interior: 7/10 – clean and presentable
Paint: 3/10 – due, reflected in pricing
ADDITIONAL INFO
No Air Conditioning Installed
COMMENTS
Fresh phases are done, which is the big one on these. Aircraft is flyable as-is with a clean, usable interior. Paint will need attention and there is no A/C, both reflected in the price.
At $380K, this is a good entry point into a 501SP for an owner/operator or someone willing to do cosmetics over time. Currently on 135 Certificate!
This monthly repayment estimate is provided by Overdrive Commercial Funding Pty Ltd (Australian Credit License: 389328) This estimate is based on a Chattel Mortgage, which is only available where the purchaser of the item intends to use the item for primarily commercial use. The term of this loan is based 60 months with 30% residual & subject to qualifying commercial assets and credit criteria. Fees and charges are not included in this estimate and may apply. If the item is a vehicle and is not listed with a drive away price, any repayment estimate does not include additional costs, such as stamp duty and other government charges. The term of this loan is 60 months. This estimate should be used for information purposes only and is not an offer of finance on particular terms. This repayment estimate is the estimated lowest repayment available from Overdrive Commercial Funding Pty Ltd’s panel of lenders and products for this specific item each day, and includes several assumptions about the item, purchaser, and loan specifics. All loans are subject to eligibility criteria and Overdrive Commercial Funding Pty Ltd loan approval process. A specific quote including details of all fees and charges, or loans for items with primarily or wholly personal use can be obtained via overdrivefunding.com.au or by calling 1800 954 124.
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