Cayenne GT real world residuals

Cayenne GT real world residuals

Author
Discussion

JimmyJack

Original Poster:

85 posts

3 months

Thursday 29th February
quotequote all
Is the Cayenne GT treated as a “GT” car or just a cooking model?
Has anyone any real world depreciation figures?

gred

450 posts

169 months

Thursday 29th February
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A quick look on the used car section here has about a dozen for sale in the £135 - £155k range.
Given they listed at £147k they've held their value pretty well (assuming they sell at that price).
But no big overs.

GT3ZZZ

926 posts

170 months

Thursday 29th February
quotequote all
I've followed pricing on these for the last year as I wanted one but couldn't get an allocation.

They were low volume and held premiums for a bit but now falling like everything else. I managed to pick up a cancelled order at list last summer and they've been falling slowly since. Might depreciate more slowly than a regular Cayenne turbo but its no GT3/RS.

Edited by GT3ZZZ on Thursday 29th February 20:24

VISE

191 posts

103 months

Friday 1st March
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I’ve been looking to pick one up in the summer, I’m just waiting for my cars to sell before I go ahead.

I’ve noticed in the last few months they’ve dropped 5-10k, but some get snapped up instantly. I can’t see them dropping too drastically as the new one is a hybrid, so they’ll always be fairly rare.

JimmyJack

Original Poster:

85 posts

3 months

Friday 1st March
quotequote all
Has anyone seen a Porsche PCP quite to see what Porsche think it will be worth after 3 years?

GT4RS

4,428 posts

197 months

Friday 1st March
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JimmyJack said:
Has anyone seen a Porsche PCP quite to see what Porsche think it will be worth after 3 years?
I think you can get this off the used Porsche website once you have selected a car. Gives you the option of hp or pcp.

JimmyJack

Original Poster:

85 posts

3 months

Friday 1st March
quotequote all
GT4RS said:
I think you can get this off the used Porsche website once you have selected a car. Gives you the option of hp or pcp.
thumbup

JimmyJack

Original Poster:

85 posts

3 months

Friday 1st March
quotequote all
Just looked at the cheapest approved using their numbers it looks like costing approx £100k over 4 years.

VISE

191 posts

103 months

Friday 1st March
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They have great residuals, when you think it’s a cayenne which usually drops like a stone.

Sidsw

641 posts

85 months

Friday 1st March
quotequote all
gred said:
A quick look on the used car section here has about a dozen for sale in the £135 - £155k range.
Given they listed at £147k they've held their value pretty well (assuming they sell at that price).
But no big overs.
big drops for those who paid overs 12-18 months ago, they were selling at £230k + then. they dropped very quickly from those highs though. most cost between 180-200k with options.

will be relatively rare as they wont be building anymore for uk/europe. scary mpg for a daily though. know of people getting as low as 12mpg around town and that not accurate figure as the display wont show less than 12mpg to stop giving people heart issues when the realise what they are really doing lol.

did consider one as a couple of cancelled orders appeared around 8-10 months ago but didnt think it was special enough to justify that kind of mpg.

maybe when they get to 100k mark i'll get one to have a blast in for a bit.

looks great though, seen a few of them about!

VISE

191 posts

103 months

Friday 1st March
quotequote all
Sidsw said:
big drops for those who paid overs 12-18 months ago, they were selling at £230k + then. they dropped very quickly from those highs though. most cost between 180-200k with options.

will be relatively rare as they wont be building anymore for uk/europe. scary mpg for a daily though. know of people getting as low as 12mpg around town and that not accurate figure as the display wont show less than 12mpg to stop giving people heart issues when the realise what they are really doing lol.

did consider one as a couple of cancelled orders appeared around 8-10 months ago but didnt think it was special enough to justify that kind of mpg.

maybe when they get to 100k mark i'll get one to have a blast in for a bit.

looks great though, seen a few of them about!
Very true from first hand experience with the TGT and the fuel.

A close friend has one, he works from home so his journeys are dropping his son off to school about 3 miles away. He’s doing £400 a month in fuel still, and when I borrowed it being careful it returned 17mpg.

Still, can’t wait to buy one. Life’s too short to care about fuel 😂

Cheib

23,256 posts

175 months

Friday 1st March
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I was at Center Gravity a couple of weeks ago. They’d just had one of these in….not just petrol they will go through.

The tyres fitted to it are incredibly soft…Treadware of 80 which to put it into perspective a Cup 2 is about 180 and PS4S is 300. Obviously the cost of tyres if nothing compared to fuel and all the other running costs but it shows you how they’ve extracted the performance.

RDMcG

19,161 posts

207 months

Friday 1st March
quotequote all
Personally I think the way to use a Cayenne is to drive the thing into the ground and ignore the depreciation. I had a Cayenne S V8 that I bought new in late 2007 and uses it as a tie at,off-roader , you name it until 2022. A neighbour took it off me for a pittance and it still runs well with 345000km on it. I replaced it with a new Cayenne GTS in 2022 which only has only 30,000 km on it now but I will simply run it tlll it’s worthless.
I am not a fan of the coupe version as it cuts luggage room for no advantage but just a personal preference. Some prefer the look and there are many such vehicles now.

Cheib

23,256 posts

175 months

Friday 1st March
quotequote all
RDMcG said:
Personally I think the way to use a Cayenne is to drive the thing into the ground and ignore the depreciation. I had a Cayenne S V8 that I bought new in late 2007 and uses it as a tie at,off-roader , you name it until 2022. A neighbour took it off me for a pittance and it still runs well with 345000km on it. I replaced it with a new Cayenne GTS in 2022 which only has only 30,000 km on it now but I will simply run it tlll it’s worthless.
I am not a fan of the coupe version as it cuts luggage room for no advantage but just a personal preference. Some prefer the look and there are many such vehicles now.
Totally agree. My 2017 S Diesel is on just under 150k miles…has three more years warranty left on it so will make a call then as to whether I keep it. Just had a loan car of one of the new ones….ride is slightly better, has a bigger screen….interior is not as well put together, seats nowhere near as comfortable. They’re very good cars but the new ones are really not that much different…obv the GT is a different car though.

TEKNOPUG

18,958 posts

205 months

Friday 1st March
quotequote all
Cheib said:
Totally agree. My 2017 S Diesel is on just under 150k miles…has three more years warranty left on it so will make a call then as to whether I keep it. Just had a loan car of one of the new ones….ride is slightly better, has a bigger screen….interior is not as well put together, seats nowhere near as comfortable. They’re very good cars but the new ones are really not that much different…obv the GT is a different car though.
Porsche warranty? I thought those were only up to 14 years of age / 125,000 miles?

h0b0

7,603 posts

196 months

Friday 1st March
quotequote all
JimmyJack said:
Is the Cayenne GT treated as a “GT” car or just a cooking model?
Has anyone any real world depreciation figures?
I know this isn’t the topic at hand but I asked if I bought a Cayenne GT if it would help me get a GT3RS. I was told they proactively tell buyers it doesn’t count towards buying “real” GT cars.

JimmyJack

Original Poster:

85 posts

3 months

Friday 1st March
quotequote all
RDMcG said:
Personally I think the way to use a Cayenne is to drive the thing into the ground and ignore the depreciation. I had a Cayenne S V8 that I bought new in late 2007 and uses it as a tie at,off-roader , you name it until 2022. A neighbour took it off me for a pittance and it still runs well with 345000km on it. I replaced it with a new Cayenne GTS in 2022 which only has only 30,000 km on it now but I will simply run it tlll it’s worthless.
I am not a fan of the coupe version as it cuts luggage room for no advantage but just a personal preference. Some prefer the look and there are many such vehicles now.
Do you have a rough idea outside of servicing/wear and tear items how much you spent keeping it going for 345k km?

RDMcG

19,161 posts

207 months

Friday 1st March
quotequote all
JimmyJack said:
Do you have a rough idea outside of servicing/wear and tear items how much you spent keeping it going for 345k km?
Car has origins engine and tranny despite lots of towing a car trailer. Only dealer serviced and the only major item were:

Camshaft lifter. at 220k: Big job and the replaced both of them as it is about intensive. As I recall about $7000

A/C compressor at about 250k: Cannot recall the cost but usual Porsche prices;)

Leaking in exhaust at about 280km. My dealer told me that Porsche would want to replace the whole thing but only one part needed replacing near the manifold. Went to a recommended after market place ( which had 20 old Porsches outside) and had the fix done for $800.

Apart from that, two replacement windshields for stone damage and replacement rocker panels that I tore off on rockssmile.

Rest was just routine servicing. No rust.

The car was a stripper, no new system, no air suspension ,no sunroof. no leather dash or the like.. Just wanted the V8 because the hauling capacity was 7700lbs and I was towing 5500.

Cheib

23,256 posts

175 months

Friday 1st March
quotequote all
TEKNOPUG said:
Cheib said:
Totally agree. My 2017 S Diesel is on just under 150k miles…has three more years warranty left on it so will make a call then as to whether I keep it. Just had a loan car of one of the new ones….ride is slightly better, has a bigger screen….interior is not as well put together, seats nowhere near as comfortable. They’re very good cars but the new ones are really not that much different…obv the GT is a different car though.
Porsche warranty? I thought those were only up to 14 years of age / 125,000 miles?
I extended my warranty to four years when it was just under 125k miles…that was about a year ago. It’s a March ‘17 car. At current annual mileage I’ll have a warranty until the car is north of 200k miles

JimmyJack

Original Poster:

85 posts

3 months

Friday 1st March
quotequote all
RDMcG said:
JimmyJack said:
Do you have a rough idea outside of servicing/wear and tear items how much you spent keeping it going for 345k km?
Car has origins engine and tranny despite lots of towing a car trailer. Only dealer serviced and the only major item were:

Camshaft lifter. at 220k: Big job and the replaced both of them as it is about intensive. As I recall about $7000

A/C compressor at about 250k: Cannot recall the cost but usual Porsche prices;)

Leaking in exhaust at about 280km. My dealer told me that Porsche would want to replace the whole thing but only one part needed replacing near the manifold. Went to a recommended after market place ( which had 20 old Porsches outside) and had the fix done for $800.

Apart from that, two replacement windshields for stone damage and replacement rocker panels that I tore off on rockssmile.

Rest was just routine servicing. No rust.

The car was a stripper, no new system, no air suspension ,no sunroof. no leather dash or the like.. Just wanted the V8 because the hauling capacity was 7700lbs and I was towing 5500.
Porsche engineering at its best.