Anyone Hazard A Guess On Cayenne Depreciation
Discussion
All,
Given the ever expanding family, it is time to consider a larger, more practical vehicle.
Although my head says diesel ML or X5, the heart says Cayenne Turbo. I have noticed that these have fallen a long way and are now available at just over £30K.
Are these likely to continue falling like a stone? What could they be worth in 2 years? Would a Turbo hold its value better than the S?
Sorry for all the questions first thing in the morning, but these were keeping me awake last night
Given the ever expanding family, it is time to consider a larger, more practical vehicle.
Although my head says diesel ML or X5, the heart says Cayenne Turbo. I have noticed that these have fallen a long way and are now available at just over £30K.
Are these likely to continue falling like a stone? What could they be worth in 2 years? Would a Turbo hold its value better than the S?
Sorry for all the questions first thing in the morning, but these were keeping me awake last night
MPG scared me off one of these - especially if you are a Londoner in stop-start traffic.I think they are levelling off, lowest i have saw one on the classifieds is £32k. X5 3.0d is flawless in my opinion but even that averages 28-30mpg.
http://www.pistonheads.com/sales/211009.htm
http://www.pistonheads.com/sales/211009.htm
Edited by Wanta996(Gotta) on Thursday 9th August 09:06
A friend has a Cayenne Turbo and has managed to achieve single digit fuel consumption on occasions. It also eats (very expensive) tyres. He loves it anyway, but he is rich.
You cannot drive these cars on a budget; they cost a fortune to run, even in the early years. As they get older the costs will be horrific. All this will add to accelerating depreciation.
You cannot drive these cars on a budget; they cost a fortune to run, even in the early years. As they get older the costs will be horrific. All this will add to accelerating depreciation.
Deutscher said:
A friend has a Cayenne Turbo and has managed to achieve single digit fuel consumption on occasions. It also eats (very expensive) tyres. He loves it anyway, but he is rich.
You cannot drive these cars on a budget; they cost a fortune to run, even in the early years. As they get older the costs will be horrific. All this will add to accelerating depreciation.
All true, but I really want one next to the GT2 in the supermono garage You cannot drive these cars on a budget; they cost a fortune to run, even in the early years. As they get older the costs will be horrific. All this will add to accelerating depreciation.
SM
When you get down to these prices for these vehicles, the buyers *tend* do be a lot more interested in MPG and costs. So I would guess depreciation still has quite a way to go. Probably not freefall anymore, but who are the buyers going to be ?
In a years time if someone had 25k to spend on this kind of vehicle, do you think they would go for an X5 diesel or a Cayenne Turbo ?
On the other hand there aren't a lot of the Cayenne Turbos around, so maybe rarity value will kick in at some point.
In a years time if someone had 25k to spend on this kind of vehicle, do you think they would go for an X5 diesel or a Cayenne Turbo ?
On the other hand there aren't a lot of the Cayenne Turbos around, so maybe rarity value will kick in at some point.
Agree with 2something that they should level off but examples of BMW's 840 & 850's price collapse could be were these Cayennes are heading! If you want a Luxury car and you dont care about Fuel and running costs and dare i say the enviroment then buy a used Bentley Arnage.
Personally if they fall under 20k then i would consider one for my wife to ferry the kids around in as a 3rd car. There is something special about driving +£75k worth of German engineering for a fraction of the cost.
then buy a used Bentley Arnage.Personally if they fall under 20k then i would consider one for my wife to ferry the kids around in as a 3rd car. There is something special about driving +£75k worth of German engineering for a fraction of the cost.
They are just too expensive for most people to run, and they don't attract the the enthusiast.
The trade are already selling early non-Turbos around £20k, so are buying around £17k.
In a few years they will go the way of the 928 i.e very low indeed.
The trade are already selling early non-Turbos around £20k, so are buying around £17k.
In a few years they will go the way of the 928 i.e very low indeed.
Edited by Deutscher on Thursday 9th August 10:35
This is the way I would look at it...
Bought mine for £40k - 2004 Turbo, fully loaded from OPC.. Brand new it would have been around £85k with extras.
I reckon I will/have lost around £10k in a year, who cares... still driving a £85k motor...looks and drives like brand new!
As well as consuming serious amounts of petrol (getting around 16-19 mpg)it does quite allot of oil too... around 1.5 litres every 600 miles.. I am selling it to you???
Had an X5, not had an ML or RR, however Cayenne T is in different league.. I think the newer models are even more sublime.
I love seeing the expressions from Cayman S owners, wondering why they are not pulling away from the ugly two tonne monster behind them!
Bought mine for £40k - 2004 Turbo, fully loaded from OPC.. Brand new it would have been around £85k with extras.
I reckon I will/have lost around £10k in a year, who cares... still driving a £85k motor...looks and drives like brand new!
As well as consuming serious amounts of petrol (getting around 16-19 mpg)it does quite allot of oil too... around 1.5 litres every 600 miles.. I am selling it to you???
Had an X5, not had an ML or RR, however Cayenne T is in different league.. I think the newer models are even more sublime.
I love seeing the expressions from Cayman S owners, wondering why they are not pulling away from the ugly two tonne monster behind them!
Buying a used Cayenne Turbo means you are saving a lot of money off the original list price - ie., if you are buying a £70k car for £30k, that's a big saving.
But my guess is, for the reasons stated above, the on-going depreciation, servicing, fuel, tyres, and other running costs will remain very high.
All cars depreciate, and the attractions of big SUVs might start to decline, but I reckon a new ML or, better still, an X5, will be a much better buy financially. And they are both a lot prettier than the visually challenged Cayenne.
But my guess is, for the reasons stated above, the on-going depreciation, servicing, fuel, tyres, and other running costs will remain very high.
All cars depreciate, and the attractions of big SUVs might start to decline, but I reckon a new ML or, better still, an X5, will be a much better buy financially. And they are both a lot prettier than the visually challenged Cayenne.
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