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2004 Porsche Cayenne
Invoice: $37,384 - $77,657
Miles Per Gallon
City: 13 MPG - 15 MPG
Highway: 18 MPG - 19 MPG
Body Style: N/A
Engines: 3.2L V-6 247 HP, 4.5L V-8 340 HP, 4.5L V-8 450 HP
Barely 10 years ago, the idea would have been dismissed as absurd. A Porsche sportutility vehicle? What've you been smoking? Not that Porsche lacks experience with offroad vehicles. Its engineering wing has developed several allwheeldrive military vehicles, and specially prepared Porsche racecars ruled the grueling ParisDakar raid through the North African desert in the 1980s. Yet compared to automotive giants like General Motors, Toyota or DaimlerChrysler, Porsche is a cottage manufacturer, with a tiny fraction of the production volume. For 50 years the company carved its niche with quick, nimble, relatively small sports cars, cars built on values almost diametrically opposed to those represented by a big SUV. It speaks to our changing automotive tastes, if not the times, that Porsche felt the need to invest in an SUV and a new factory to build it. Ready or not, the most anticipated new Porsche in decades, the Cayenne, is here. The company's SUV is what many expected it would be: technically slick and remarkably fast, with onroad handling that belies its bulk. The Cayenne also delivers what most SUV buyers demand, including decent cargo space, more than enough capability for casual offroad use and impressive towing capacity. For style, pure performance and a balance of sportutility virtues, the Porsche Cayenne is very tough to be beat. Like many Porsches, the Porsche of SUVs is also very expensive. With tax and license, a loaded Cayenne Turbo can crack the $100,000 barrier, and that alone will knock it off most shopping lists. But even the well heeled can be value conscious. Many who can afford a Cayenne will find much of the performance and all the satisfaction of use and ownership for half that $100,000 price. Cayenne will be truly appreciated by a relative handful of SUV buyers with exacting demands. We'll call them connoisseurs. In that respect, the Cayenne isn't much different than most Porsches before it.
Purchasing an older vehicle, such as the 2004 Porsche Cayenne, makes good financial sense. You're able to avoid the steep depreciation rates that occur with brand new vehicles. This essentially gives you the advantage of getting a 2004 Porsche Cayenne for less money than when it was new. If the 2004 Porsche Cayenne was properly maintained, you also have a good chance of steering clear of problems that would have developed when the car was new.
The amount you pay for an older car depends on various factors. One important element is where you buy the vehicle. You're likely to get a better deal if you buy it from a private party, as opposed to a dealer. On the other hand, a reputable dealer will normally have some kind of limited warranty, so you can drive away knowing that if the car breaks down right away, you'll be covered. Another factor that may affect price on a 2004 Porsche Cayenne is whether it's "certified" by the manufacturer. A certified vehicle will cost more because warranty service is provided that normally doesn't come with a used car.
Another dynamic that will play into the purchase price is the resale value. A used vehicle with a high resale value will obviously cost you more. It is expected that the 2004 Porsche Cayenne will have a good resale value. This assumes that the 2004 Porsche Cayenne is in good condition and has a reasonable number of miles.
Find a used 2004 Porsche Cayenne for sale at CarsDirect.
