Porsche sold a ton of Cayennes as a result of their successful debut into the SUV market. However, compared to their 911s, their valuations haven’t held up quite as well. Despite being sturdy and appearing to last a lifetime, Cayennes will lose 40% of their value in the first three years. So when one comes off lease, if at all possible, acquire one that is at least three years old. You might even discover one that is a Certified Pre-Owned (CPO), which will prolong the warranty, if you play your cards well.
The anticipated depreciation over the following ten years is shown in the figure below. These outcomes apply to cars that travel 12,000 miles annually on average and are in good condition. Additionally, it counts on a new-car selling price of $103,367. Enter the purchase price, anticipated length of ownership, and yearly mileage estimate. We can estimate the Porsche Cayenne’s projected resale value using our depreciation calculator.
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The Porsche Cayenne: Does It Maintain Its Value?
Purchasing a Porsche is a serious decision, and if you’re already researching the Cayenne, you know you’re getting ready to make a significant financial commitment.
Although the Cayenne is a well-liked car, its worth isn’t as strong as some of Porsche’s other products, including the 911 series. It can be wise to buy a Cayenne that has been leased and returned rather than a brand-new one because as it leaves the lot, it loses a lot of value.
Let’s compare the Cayenne’s rate of depreciation over time to that of its rivals.
Volkswagen Cayenne
The Cayenne SUV is possibly Porsche’s most innovative vehicle—aside from the 911. Porsche’s desire to extend its production line led to the Cayenne, which was released to much fanfare.
The company’s decision to develop an SUV was criticized by Porsche purists, and detractors watched to see if the Cayenne would be a commercial failure.
To the dismay of Porsche enthusiasts, many people found the Cayenne to be appealing due to the model’s luxury, comfort, and performance. Since then, the Cayenne has surpassed the Macan as one of Porsche’s second-best-selling vehicles.
Despite its strengths, the Cayenne is the second-worst-selling Porsche model. One of the Porsche models with the fastest depreciation rates on the market, with a three-year depreciation rate of 44.84%.
Many explanations have been put forth by experts for the Cayenne’s appalling depreciation rate. One is that there are now more used models available to purchasers as a result of the model’s popularity. Used car values decline and the rate of depreciation on new models rises as supply outpaces demand.
The Cayenne’s status as a luxury SUV is another possible explanation for its significant depreciation.
German luxury vehicles [sedans, SUVs, etc.] frequently depreciate more quickly than the majority of cars, which has an impact on resale value.
Because there is less demand for the Cayenne because it is more expensive to maintain, new versions depreciate more quickly than usual. Additionally, used car purchasers do not want to spend money on dated luxury cars, thus there is still a minimal market for these automobiles. Increased depreciation on new vehicles and decreased resale values for used models result from this.
Even though it is the lowest for a Porsche, the Cayenne’s depreciation rate is among the best in the luxury SUV market. In fact, the Cayenne was named the finest midsize two-row SUV with the highest resale value in the 2020 KBB Best Resale Value Awards.
Re: Why isn’t Porsche’s resale value higher?
Every new car loses value considerably, and most Porsches even more so. It’s expensive, always has been expensive, and always will be to be the first purchaser of any Porsche. It’s challenging to compare them to a Toyota or Honda because almost all of them are fundamentally different cars. Future maintenance costs undoubtedly affect resale value, but they benefit the second or third owner. Actually the German branch of Volkswagen, Porsche sells everything they produce and has done for years. They have among the largest profit margins for each vehicle sold on the market. Despite the fact that their automobiles and trucks are more expensive than they ought to be, there are always people waiting in line to purchase one. Extremely pricey option packages increase cost that also detracts from resale value. Go out and purchase one (ideally a 911 manual shift) that isn’t a convertible, and be grateful that the resale value isn’t higher.
Repair expenses for depreciated sports cars will put you into bankruptcy.
These old sports cars may seem like huge bargains, but they are time bombs in the making.
Sports vehicles are popular with drivers who value performance, handling, and style. They are perfect for daily driving and long summer days spent driving. However, just as there are a ton of dependable sports cars that retain their value for decades, there are a ton of others that experience depreciation just a few years after purchase. Those tend to be extremely expensive to acquire due to their dubious durability and extremely expensive to maintain, which is why their value tends to decline so drastically. These depreciating sports cars aren’t the best investments in the automobile industry when you also factor in the costs of maintaining them year-round.
Does the Porsche Cayenne retain its value?
The Porsche Cayenne, which has a remarkable 84.2% maintained retail value after three years, is at the top of our list. The Cayenne is an excellent illustration of how more costly cars can occasionally be worth the investment because they keep their value for a longer period of time. The Cayenne is a car to think about if you’re looking for something to hold onto its value because it’s a sporty yet opulent SUV.
How durable is the Porsche Cayenne?
The Porsche Cayenne offers a variety of engine options, from a V-6 engine to a twin-turbocharged V-8 engine or the plug-in hybrid, leaving you unsure of whether you are driving a sports car or an SUV. J.D. Power named the SUV as the top Upper Midsize Premium SUV in 2021. Additionally, the 2021 Cayenne made the Editors’ Choice List of Car and Driver. A
The Cayenne has the longest possible lifespan of any Porsche vehicle, lasting an average of 11.3 years and between 200,000 and 250,000 kilometers. So fasten your seatbelts; your SUV just got a little hotter.
Is the Porsche Cayenne a luxurious vehicle?
The Porsche Cayenne 2022 possesses a specific collection of abilities, especially those that relate to driving enjoyment. Although it has a hefty curb weight and is a two-row luxury SUV, it moves carefully and beautifully. Each Cayenne has a reliable powertrain, but because there are so many different models, its strength and fuel efficiency vary. Three powerful engines—a 355-hp turbo V-6, a 434-hp twin-turbo V-6, and a 460-hp twin-turbo V-8 reserved for the GTS—are available. There is also a 455-hp plug-in hybrid that is the fastest on the road and the most environmentally friendly. Every Cayenne’s interior is spacious and solidly constructed, and Porsche offers for great personalization owing to a vast array of customized options. They can easily inflate the bottom line, so use caution. The 2022 Cayenne cultivates the thrill of driving considerably better than most of its competitors, earning it a place on our Editors’ Choice list despite having a small amount of cubby storage in the interior and a ride that may be too firm for sensitive people.
The Cayenne is it a genuine Porsche?
Mid-size luxury crossover sport utility vehicles of the Porsche Cayenne series have been produced by the German carmaker Porsche since 2002 (Type 9PA), with North American sales starting in 2003. It is Porsche’s first V8-powered car produced since the Porsche 928 was phased out in 1995. Additionally, it is the first Porsche with four doors and the company’s first off-road type vehicle since the Super and Junior tractors of the 1950s.
Following an online unveiling, the second-generation Cayenne (Type 92A) was presented at the 2010 Geneva Motor Show in March. The Cayenne and the related Volkswagen Touareg and Audi Q7 share a base, body structure, doors, and electronics. With its public debut at the Paris Motor Show, it had a makeover in 2014 with modest cosmetic changes and included a new plug-in E-Hybrid version. All engines have had direct injection technology since 2008. In 2017 at Stuttgart, the third generation (Type PO536) was unveiled.
In Kulim, Kedah, Malaysia, the Cayenne, the first Porsche built outside of Europe. The only model built in Malaysia is the 3 liter V6 base model; all other variants are imported from Slovakia.
Does the Porsche Cayenne use little fuel?
The driving range of the Porsche Cayenne in 2022 is 376.2 miles per tank of gas. The V-6 engine achieves 19 miles per gallon in the city and 23 miles per gallon on the interstate. The more powerful V-8 engine variant achieves 20 mpg on the freeway and 15 mpg in the city, with an estimated 17 mpg average.
Which Porsche’s value increases?
The second-generation Porsche Boxster (987) is now a legitimate investment. The time when you could spend 20,000 euros on an early 987 Boxster is over. In addition to the 987.2, Its worth has also increased slightly in the wake of the 911. It is difficult to get a 987.1 for less than 25,000 euros. Naturally, this is not a great leap in absolute terms, but it is in relation. This is unquestionably also a result of the 987 being a more independent and emancipated vehicle than its predecessor. In terms of driving, there was no question.
Its performance is practically on level with the 997 Carrera, especially as a late Porsche Boxster S with 310 horsepower. It seems alluring to accelerate from 0 to 62 mph in five seconds while driving with the top down on a sunny mountain route. However, the 987 Boxster S’s lateral dynamics are where it really shines. The little Boxster is the only roadster that is as appropriately tuned to be a sports vehicle. Due to the mid-engine design, the sound of the boxer engine can also be enjoyed phenomenally well. We assure you that the intake noise is compulsive. Here, you can expect lots of driving enjoyment, value stability, and, with proper maintenance, even increase. Although it is obvious that no value should double. Clearly a good idea to buy!
What Porsche maintains its value the best?
Our top choice for the finest 911 model year value is the 2021 Porsche 911. The 2021 would cost you, on average, 96% less than a brand-new vehicle while still having 92% of its usable life left.
For the 911, the 2020 and 2019 model years are also desirable and offer a respectable value. Our rankings take into account a number of variables, such as the 911’s original purchase price, current price, maintenance costs, and the remaining years of anticipated overall costs. The Porsche 911 models from our top-ranked model year offer the most value for the money.