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.
In This Article...
Share
Porsche Cayenne Value, Price, and Depreciation
You are prepared to purchase a sophisticated, top-of-the-line luxury SUV, and you are considering a Porsche. Before making a purchase, you should think about whether your car will maintain its value over time. We’ll look at the Porsche Cayenne’s normal depreciation in this article to help you determine if this SUV is the appropriate investment for your car.
Over the course of the first ten years, the Porsche Cayenne will lose around 82% of its value (average MSRP: $94,015; trim level-dependent MSRP). MSRP is between $67,500 to $166,200.
It’s important to think about how your car will depreciate over time when you’re looking into buying a new SUV, especially if you intend to trade it in at a later date. Here, we’ll discuss how the Cayenne’s depreciation rates compare to those of its rivals, what drivers have to say about the Cayenne, and how much each Cayenne trim level will cost.
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.
Porsche Cayenne: 84.2% of the retail value was retained.
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.
Cayenne Coupe by Porsche
The Lamborghini Urus and Porsche Cayenne Coupe SUV share the same MLB platform under the skin. Porsche has a more coolly reserved Germanic approach to style, thus the Cayenne, with the exception of the top-of-the-line Cayenne Coupe Turbo GT, doesn’t even come close to matching its VW Group-owned stablemate for ostentation.
Although most drivers would cringe at costs above PS70,000, the average cost of a Porsche Cayenne Coupe isn’t quite as high thanks to a more practical model lineup. The PS24,000 you’ll lose is still competitive with 67.9% of that investment worth remaining after three years and 36,000 kilometres. In spite of the somewhat high operating and maintenance costs, it’s a convincing case in favor of purchasing a Cayenne.
The Porsche Cayenne is dependable.
The reliability of the Porsche Cayenne The expected dependability rating for the 2022 Porsche Cayenne is 81 out of 100. J.D. Power predicts that reliability scores will range from 91 to 100, with 91 to 100 being the best, 81 to 90 being great, 70 to 80 being medium, and 0-69 being fair and below average.
Can the Porsche Macan maintain its value?
This aids in justifying pricing, which start at $52,100 for the base model and go up to $84,600 for the Turbo. The S and GTS trim levels are in the middle. The Porsche Macan retains 42% of its value due to its wide range of products, timeless appearance, and excellent levels of performance.
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.
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.
Porsche maintenance costs are they high?
The annual cost of maintaining some Porsches should be between $200 and $600 to be reasonable and affordable. Taxes, fuel, and bodywork repairs are not included. The price may exceed $1,000 if you take it to Porsche or Porsche-approved businesses.
One of the less expensive Porsches to maintain is the Boxster. If you continue receiving regular annual services over a ten-year period, the cost is between $550 and $700 annually.
Some of the fixes you might need to do are listed below. Additionally, costs will change based on your location, the age of the model, and whether you are taking it to a Porsche service center or a neighborhood mechanic.
In place of:
- Sensor for Cam Shaft Position
- Control Body
- Joint Ball
- assembly of the CV axle/shaft
- the control arm assembly
- Assembly of Struts
- Oil Pan and Gaskets for the Oil Pan
- Bulb Headlights
- hose under the power steering
- Spiking plugs
You must also complete the following:
cooling system cleaning
What Porsche’s value is increasing?
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 are vintage Porsches worth?
A 1977 911S in exceptional condition may be purchased for around $35,000 USD, but a 1995–98 GT2 can cost over $1.25M USD today. Continue reading to learn more about our picks for the most valued vintage and modern 911 cars, or simply scroll down to see every Porsche 911 currently available for purchase.
Why don’t Porsches lose value?
Porsches are a great choice if depreciation or resale value are major factors for you.
Porsche vehicles are in high demand because of their reputation for dependability, utility, and performance. They have high resale prices and low depreciation rates as a result.
Having said that, your car’s condition affects its ability to be sold. Your car’s resale value will be lower if it has a poor service history and shows obvious indications of wear and tear.
Therefore, make sure your car has routine maintenance and always keep it in good shape.
What is the cost of changing the oil in a Porsche Cayenne?
An oil change for a Porsche Cayenne typically costs between $258 and $280. Between $48 and $60 is the expected range for labor costs, while $211 to $220 is the range for part costs. Taxes and other fees are not included in this range, nor are your particular model year or geographic area taken into account. Additional fixes could be required.
Why are the costs of used Porsches so high?
Steel is a fantastic material for automobiles since it is strong and can support a lot of weight.
However, there are a few drawbacks to employing steel or other types of metal as the primary component of a car’s chassis.
Steel is prone to corrosion, thus if the chassis is exposed to water or even just submerged in it, it could corrode.
The worst aspect is that, until the car starts to break down, the owner might not even be aware of the rust.
While this might be good for certain vehicles, it isn’t perfect for a Porsche, which is a vehicle focused on performance.
It isn’t as simple to work with or mold as steel or other sorts of metal.
If Porsche uses carbon fiber for their frames, each factory is only able to build two vehicles every day.
Due to this small quantity, the supply of cars is decreasing while the demand is increasing.
Due to the limited availability, the corporation is able to charge a high price for their vehicles.
A wonderful material for automobiles trying to maximize performance is carbon fiber.
Unfortunately, this automatically raises the cost of the car because it costs more to produce and takes longer to complete.