The problem buying converted aircraft like that is what is it and how much will the values hold up.
it is a bastard aircraft which is not to the manufacturers specification and hence will always be limited on resale value.
it maybe a great conversion but what is it? No longer a Citation 501 but an old Citation which has had more modern engines fitted and which will no longer meet the certification spec of the original aircraft!
If you buy one dirt cheap and eventually sell dirt cheap then it may give the performance and service you want but from residual value you are better off buying a CJ1 or 2 even if they cost you a tiny more initially!
if you buy an old 501 and convert it will still cost a lot and and you still have an outdated 35 year old airframe IMO you will never see the outlay back
Pace
Last edited by Pace; 18th Dec 2013 at 10:32.