Possible new owner... Opinions on price? 2005 Cayenne Turbo
Possible new owner... Opinions on price? 2005 Cayenne Turbo
Hello,
I currently drive a 2005 Infinti FX45 for which I have had for a year now. I usually keep my cars for a year then move on to something new. I found a white/beige 2005 Cayenne Turbo with 33k miles for sale by a private owner. It has full wood package "steering wheel, console, shifter, dash etc", sat radio, factory 19" or 20" wheels and a set of aftermarket 22" wheels. The warranty is up in January of 2009 and it literally just had the 40k service done. The warranty doesn't really bother me since I only put about 5,000-6,000 miles a year on my daily drivers and keep them for only a year.
Also, the aftermarket wheel size seemed kind of weird to me. They are 22x10.5 with 265/35/22 tires. He said that he had to get a smaller size tire so that they would not rub and be able to clear everything. Aren't 265's on a 10.5" wheel really stretching it, especially for a turbo Cayenne or will these be fine for summer?
Any opinion on what this Cayenne is worth in today's market? I have already checked out KBB, NADA and Edmunds but I have seen the prices for these cars all over the place. So its hard to say if I am getting a good deal or not.
I currently drive a 2005 Infinti FX45 for which I have had for a year now. I usually keep my cars for a year then move on to something new. I found a white/beige 2005 Cayenne Turbo with 33k miles for sale by a private owner. It has full wood package "steering wheel, console, shifter, dash etc", sat radio, factory 19" or 20" wheels and a set of aftermarket 22" wheels. The warranty is up in January of 2009 and it literally just had the 40k service done. The warranty doesn't really bother me since I only put about 5,000-6,000 miles a year on my daily drivers and keep them for only a year.
Also, the aftermarket wheel size seemed kind of weird to me. They are 22x10.5 with 265/35/22 tires. He said that he had to get a smaller size tire so that they would not rub and be able to clear everything. Aren't 265's on a 10.5" wheel really stretching it, especially for a turbo Cayenne or will these be fine for summer?
Any opinion on what this Cayenne is worth in today's market? I have already checked out KBB, NADA and Edmunds but I have seen the prices for these cars all over the place. So its hard to say if I am getting a good deal or not.
Last edited by B Feelgood; Oct 27, 2008 at 08:31 PM.
You should be looking around 41-46k depending on the mileage and condition of the vehicle. If I were you, I'd go with an '06, with less miles. The difference is worth paying considering the warranty and being up to date..
The CTT is a beast compare to the FX, especially if you mod it. Yeah, the tire size does not sound right on the extra set, it should be 285/35/22.
Given the car just had service done, I would pay between $38 and 42K. What is the asking price?
Given the car just had service done, I would pay between $38 and 42K. What is the asking price?
42k
Ive been looking as well. I have found 2005 TT between 39K-48K. It really depends on how well kept the car is. I looked at a garage queen with 22K miles on her. The guy was asking 45K and he was firm. The car was like new. I have seen cheaper ones but they havent look "new"
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I think I paid way too much if these prices are true...and I got mine only 6 months ago for $62k...though it does have 22" TechArt wheels, front bumper and side skirts, steering wheel and gauges and the TechArt lowering module.
Just an FYI 04-05 CTT's are selling at the manheim auction between 38-42K and they usually have some low mile ones, saw one run through with 17K miles which was an 06 for 45K. Auction cars are good and bad, for a used Porsche I'd want a CPO just for piece of mind. I decided against picking one up from the auction and bought a CPO. My car is literally perfect condition and I stole it from the dealer as far as I'm concerned especially when I walked in and they wanted 63K for the car. I got it close to manheim auction pricing, paid a tad more just for the CPO which was fine, now I have 100K or 2011 whichever comes first and I knew it was a good car where as at the auction you just kind of never know and no extended warranty.
Once everyone figures out that gas isn't a big deal as it was 6-months ago they'll think about purchasing this fine auto-suv.

I'd bet they'll stay where they are for a good year and even in two-three years they won't drop more than 25-30% of what you can purchase them for today.
-Eli
if you sold a 08 Turbo today with 8,000 miles on it, since the 09's are out, the turbo would be at 62% residual value.
38% drop from what we paid 5 months ago.
That number is straight off the porsche residual numbers book at the dealership.
38% drop from what we paid 5 months ago.
That number is straight off the porsche residual numbers book at the dealership.
insane...
im stilll looking for my CTT as well btw.
im stilll looking for my CTT as well btw.
New here; recently got a CTT 05. $35K is a steal. Since I have bought, with all the market crap going on, they have been dropping steadily. In June there were 92 on EBAY, today 201!!!
Supply and demand at work
I paid $48 for '05 CTT 19K miles warranty until 12/09, 20K service done at my local dealer, immaculate; only issue is small dents on the center counsel- like the button on his dress shirts pressed into the top. But I would pay more for this beast! I think it is the best deal on any vehicle out there!
Supply and demand at work
I paid $48 for '05 CTT 19K miles warranty until 12/09, 20K service done at my local dealer, immaculate; only issue is small dents on the center counsel- like the button on his dress shirts pressed into the top. But I would pay more for this beast! I think it is the best deal on any vehicle out there!
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