Cessna 501 Pre-Buy Checklist
Jet · 187 active
Purchase Price
$1.0M-$4.0M
Prebuy Items
—
ADs
—
Insurance
$23,625
per year (experienced)
Known Maintenance Issues
3 FAA Service Difficulty Reports (2015-2024)
Source: FAA Service Difficulty Reports (SDR). Higher counts may reflect fleet size.
Safety Record (NTSB)
Public incident data · 1982-2025
14
Total Incidents
11
Accidents
5
Fatal
74.9
Per 1K Fleet
Raw public data from NTSB. Not a safety grade. Compare with fleet size and hours flown.
Purchase Price by Year
Frequently Asked Questions
How much does a Cessna 501 cost?
Typical purchase price: $1.0M-$4.0M
What should I check before buying a Cessna 501?
Have a qualified A&P mechanic perform a thorough pre-buy inspection of the airframe, engine, avionics, and logbooks.
How much is insurance for a Cessna 501?
Experienced pilots: $23,625-$28,875/year.
Are there any known issues with the Cessna 501?
Check FAA airworthiness directives and type club resources for known issues.
Cost Summary
Engine
Disclaimer
This guide is for informational purposes only. Always hire a qualified A&P mechanic for a professional pre-buy inspection. Data sourced from FAA records and industry benchmarks.