I am really surprised at how low resale values are. Is this typical or is it just the base model?

Thanks

 

In theory the higher the MSRP the more a vehicle depreciates. My boss purchased a dealer maintained 06 Cayenne Turbo S for $24k with 130k miles. Sticker was $127k.

 

This thread is a fail !!!!!
how can anyone answer your question that doesn't have any details of model, condition and all the good stuff that one need to say why the resale values are low.

 

Great price but that is a lot of miles

 

A lot of miles for what? Certainly not a Cayenne!

All high end cars have huge depreciation. Just the nature of T perception around aging expensive cars.

Works great for those of us with willing to wait a bit for a great car.

 

I was thinking what a great price but high mileage because I have an '06 CTT with 37,000 miles and the trade value is $33,000. Also my local Porsch dealer has an '06 CTTS with 62,000 miles on the lot for $29,000
but I have seen prices all over the place

 

Really? I actually think residual values are pretty high on the Cayennes, especially with the 958s out. Base Cayennes pretty much bare bones are going for high 30s, 40s with about 36k miles (3 year lease, normally)

 

limited supply of 958's and gas fears keeping them relatively high?

 

I don't think the resale/trade-in values are high considering some of the vehicles are over $100,000.00 new , but that is the price you pay for driving the baddest SUV on the planet.
I love mine and haven't found anything comparable. That goes for the interior as well as the performance and ride. Just my .02 for what it's worth .

 

Well, the more expensive a car is, the more it will get hit my depreciation. Not to mention, the GTS and Ts are not for everyone, so demand is lower resulting in lower resale.

In terms of Base Cayennes, you'd be surprised by how much they still are. I know I was to find out my car only lost less than $20k in 3 years.

 

Even if I drove mine off a cliff and walked away I could not lose anywhere near the amount of money on it as the original owner

Depreciation is an awesome tool when used appropriately by the patient.

Same could be said for my 951 and 928S4! Absolutely Awesome cars and my ultimate financial risk is a fraction of those that bought them new.


High end cars, especially those with new revisions, will always depreciate a very large percentage. Several reasons for this. There is perceived risk in owning these cars out of warranty so often buyers shy away from them. Many buyers are simply not looking at them because they still think they are very expensive and out of their price range. They are still a very expensive *used* car. Consider all the brand new shiny cars you can buy for the used price of a good CTT.

So for the non-enthusiast the much more logical choice is to buy something like a new Grand Cherokee. Which means the only people really shopping for used high end cars like this are enthusiasts at some level.

Take a look at the prices for high end luxury cars that were not "enthusiast" type vehicles and the difference is even greater. A 99 Dodge CTD truck for example is worth about 3x today what a 99 Audi A6 Avant is even though the A6 cost more new and is a MUCH MUCH nicer car.

 

a cayenne is not a tahoe.

lol

one is caved from marble and the other is lowest cost provider, planed obsolesence.

 

.

Take a look at the prices for high end luxury cars that were not "enthusiast" type vehicles and the difference is even greater. A 99 Dodge CTD truck for example is worth about 3x today what a 99 Audi A6 Avant is even though the A6 cost more new and is a MUCH MUCH nicer car.[/quote]


Yea you are right, I never thought of it that way. I have had a few friends mention what I could've bought new for what I paid for my Cayenne used and then I take them for a ride and they are speechless. Nothing like a Porsche not a Lexus or Acura or BMW or Audi nor an Infiniti. They are all great vehicles but they aren't a Cayenne for sure. Cayenne means to me better handling , great looks inside and out. Now I've never driven or rode in a Bentley or Rolls or Farrari so I can't talk about those.

 

Yea you are right, I never thought of it that way. I have had a few friends mention what I could've bought new for what I paid for my Cayenne used and then I take them for a ride and they are speechless. Nothing like a Porsche not a Lexus or Acura or BMW or Audi nor an Infiniti. They are all great vehicles but they aren't a Cayenne for sure. Cayenne means to me better handling , great looks inside and out. Now I've never driven or rode in a Bentley or Rolls or Farrari so I can't talk about those.[/QUOTE]
You do realize that the motor in a Toureg is the same as the cayenne? And the ride in a Q7 is better right?

I have an X5 and a RRS myself, and traditionally am a BMW guy but i have driven all the SUV on the market. A cayenne turbo or gts might be different but an S and a base model cayenne aren't that great despite their 70k sticker price. For what you get dollar for dollar. The Q7 has hands down the best ride, the RRS has the best looks, and the X5 has the best pull and handling.

 

No, they are not.

The VR6 motor is close but the Cayenne gets a whole different intake and software.

The V8 is not the same. The Touareg is a 4.2l Audi motor, same one used in the Q7, and many Audi sedans. The Cayenne V8 is a 4.5 or 4.8l depending on year and is a completely different motor. One look under the hood and you will quickly realize they are not the same design.

The new v6 is supposed to be all Porsche too. Wth the exception of the supercharged S4 motor in front of the hybrid Cayenne.


Totally opinion. I can't even stand the "comfort" setting in my CTt, way too soft and floaty.





Totally disagree with everything in this entire statement.

It wasn't until recent years that the BMW could even come close to handling like a Cayenne. BMW had to make it without any off road ability to do so too. How well does that X5 tow a 7,500lb trailer.....oh wait, that it above its tow limits

Point being that Porsche set out to make a true SUV that did SUV things without compromise. EVERYONE else made a compromise. Some are fast, but can't tow, some are luxurious but don't handle like a sports car, some are sporty but can't go on a simple 4x4 trail to get to a cool out of the way place.

Q7s are long and dumpy. Feels like an A8 on stilts.

Seems to me you are focused on a comfy ride so maybe a hardcore sports SUV is not for you.

They are all great cars, just different. If your focus is not inline with one, then no matter what the price, it's too high. For example, right now I wouldn't shell out $1.50 for a X3 because I have no desire for one. It does nothing I want and therefore not worth $1.50