nut855

I'm new to the brand and love the Cayenne. What are your thoughts on this 2019 CPO? Worth it over a new 2020?

Link to listing

Dealer's service loaner
Dealer is offering it for $70,000 firm
Original price was $82,000 with fees
Build date June, 2018
First on the road February, 2019
CPO, so extra warranty to 2025
Mileage: 10,631

Thanks for the help! I'm new at this.

Tbounds

They are offering it to you for their cost when new . You could buy the 2020 for 76,000 if you shop , new to you , year more warranty and 10,000 less miles . If they would cpo the car maybe a fair deal

SpyderD

Not a smoking deal but looks Ok to me. Here's my analysis: The $12,000 they're giving off MSRP probably translates to a $5,000 discount (~6% off new car) and $7,000 for the one year depreciation (8.5%). Offset this with the 2 years of extra CPO warranty which is probably worth ~$3000 and you're essentially getting $10K (12%) off for depreciation. Assuming the car is undamaged, has the options you want and you don't mind that it has been driven by a number of other people you save $10K and essentially get a current year model (although 2020 will be out soon) with only 8 months use. It's a bit high miles for 8 months, but I believe the CPO warranty is unlimited miles so if you plan to keep the car close to six years, I wouldn't worry too much about the mileage. If you plan to trade/sell in 4-5 years, having the extra warranty will help (most people buying a used Porsche want some sort of warranty protection, due to their high repair cost). On the other hand a new 2019 will likely carry a pretty good discount as soon as the 2020's are available.

fkim011

Price is OK could be better.

However, if it is a car that has been hard to find with the equipment you want...I would move on it. If you are looking for the absolute best deal then I would move on from it.

meyecul

I took a look at the dealer page. It has full PPF as well. That’s about $5k job on a Cayenne. Also does show CPO, so between those two alone I think it’s a fair deal.

nut855

Thanks for the feedback. Everyone on this forum is so helpful!