Considering a Cayenne S (3rd Gen)
Three Wheelin'
Joined: Jan 2018
Posts: 1,809
Likes: 1,200
Pretty big discount off MSRP back then, but I understand MSRP is the constant to use. I was shopping new 21 GTS and could buy one for around $110k with a $120k MSRP.
It is pretty easy to comparison shop and determine if a current price is in the ballpark.
It is pretty easy to comparison shop and determine if a current price is in the ballpark.
Thread Starter
Instructor
Joined: Sep 2010
Posts: 111
Likes: 21
Yeah perhaps a little high. These cars are 4 years old, so 40% depreciation on $120k MSRP puts them ~$72k. Two of the cars have RAS, but none of the other options you mentioned. The third car has RaceTex but none of the other options you mentioned.
Rennlist Member
Joined: Nov 2019
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From: linker Fahrbahn
So these are not “special” cars therefore should not command a premium price.
Intermediate
Joined: Feb 2025
Posts: 27
Likes: 15
Started looking at a few 2021 Cayenne GTS cars, one of which is at a dealership in my city. Wondering if anybody may have access to Manheim auction data so I can use auction data as a means to sense check pricing. The 2021 GTS vehicles I'm seeing are ~41k miles but the dealers are at nearly $78k. Seems like a bunch to pay for a 4 year old car with 40k+ miles on the clock?
Thread Starter
Instructor
Joined: Sep 2010
Posts: 111
Likes: 21
Congrats! How are you liking it so far? Mind if I ask what the MSRP and key options were?
Thread Starter
Instructor
Joined: Sep 2010
Posts: 111
Likes: 21
I am also trying to figure out what a 2021 GTS with 65k miles could be worth in three years. As an approximation, I looked at pricing for 2018 Cayenne GTS with 55k - 65k miles and the approximate pricing would be ~$40k or thereabouts. If I assume the MSRP at the time was ~$95k, that would imply ~58% depreciation over 7 years. Applying that same % to a $120k MSRP 2021 would imply the car would be worth ~$50k three years from now. Seems to pass the smell test!
Three Wheelin'
Joined: Apr 2022
Posts: 1,510
Likes: 985
I am also trying to figure out what a 2021 GTS with 65k miles could be worth in three years. As an approximation, I looked at pricing for 2018 Cayenne GTS with 55k - 65k miles and the approximate pricing would be ~$40k or thereabouts. If I assume the MSRP at the time was ~$95k, that would imply ~58% depreciation over 7 years. Applying that same % to a $120k MSRP 2021 would imply the car would be worth ~$50k three years from now. Seems to pass the smell test!
If you are depending on a CPO or other extended warranty to make a used Cayenne affordable then that is also a potential problem. Warranties do not always pay out as expected resulting in unplanned out-of-pocket expenses.
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Rennlist Member
Joined: Nov 2019
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From: Idaho
Chassis - thank you. You are 100% spot on with this observation.
82 posts in this thread -
and 237 posts in another thread on the Macan forum below -
https://rennlist.com/forums/macan/14...ed-values.html
82 posts in this thread -
and 237 posts in another thread on the Macan forum below -
https://rennlist.com/forums/macan/14...ed-values.html
Thread Starter
Instructor
Joined: Sep 2010
Posts: 111
Likes: 21
Chassis - thank you. You are 100% spot on with this observation.
82 posts in this thread -
and 237 posts in another thread on the Macan forum below -
https://rennlist.com/forums/macan/14...ed-values.html
82 posts in this thread -
and 237 posts in another thread on the Macan forum below -
https://rennlist.com/forums/macan/14...ed-values.html
Thread Starter
Instructor
Joined: Sep 2010
Posts: 111
Likes: 21
Seems to sum it up nicely. Sincerely appreciate everybody's perspectives and for answering my excessive number of questions. This has been tremendously helpful.
Three Wheelin'
Joined: Jan 2018
Posts: 1,809
Likes: 1,200
Justifying expensive cars when the budget is limited is never a good idea. It will cost a lot more to have for 1 or 3 or 5 or 10 years than a Subaru, Toyota or Honda. To
me, though, the BMW or Porsche is a lot more fun and I am willing and able to pay extra for that enjoyment.
I am a DIYer, so if funds were more limited, I would buy an older BMW that I could fix myself, Porsche cost more to buy, repair and maintain so I would buy a BMW instead.
me, though, the BMW or Porsche is a lot more fun and I am willing and able to pay extra for that enjoyment.
I am a DIYer, so if funds were more limited, I would buy an older BMW that I could fix myself, Porsche cost more to buy, repair and maintain so I would buy a BMW instead.
