2006 Porsche Cayenne Turbo

[vasaint]

Folks,

I have blocked a 2006 Porsche Cayenne Turbo. It looked like a clean SUV and drove very well ( I own a 2007 Toyota Prado). The asking proce for this 2006 model is US$ 46,500 /-. The SUV has done only 35,000 kms.

Can you please let me know if the price is alright and if the SUV is worth the money. I need information (assurance / reassurance) that I am taking a good decision. I am very scared to go for these high end cars as we can bleed money if there are problems in the future. Any advice on the same will be welcome.

Looking forward to know more. Thanks in advance.

Vasanth

[odix]

Hi Vasanth: Compared to US prices that seems a bit high -- but your region has different valuations and pricing criteria in the used market. You'll have a better idea with comps in your region.

Ideally you can run a vehicle scan and research all the codes -- also ask for full documentation to see what work and maintenance has been completed since 2006.

Also, you may want to determine if the specific vehicle is eligible for a Certified Pre-Owned (CPO) classification which will give you a warranty to 100k (miles) -- at least in the US. This needs to occur through a dealer.

Bottom line -- a Porsche is not a Toyota, but you know that going into the deal. I went from a '96 Subaru to a 2004 Cayenne S (CPO from dealer) and have been thrilled. I spent a lot of time researching -- read the manuals and download info from this site which is an amazing resource. You'll be surprised how much you can do on your own to maintain your Cayenne. They are solid, safe and fun vehicles. And yep, they consume a lot of fuel. So it goes. If you purchase it post some pics. Good luck!

Here are four comps for you to track (as/of 6 December 2009):

http://cgi.ebay.com/ebaymotors/06-CAYENNE-...#ht_7544wt_1167

http://cgi.ebay.com/ebaymotors/06-CAYENNE-...ht_11534wt_1167

http://cgi.ebay.com/ebaymotors/TURBO-NAV-2...=item439bcd5912

http://cgi.ebay.com/ebaymotors/2006-Porsch...=item335804e4d2

Also search Craigslist for comps. There is a UAE version:

http://dubai.craigslist.org/

No hits on "Cayenne" but you can look for close to UAE country sites for better regional valuations/comps.

Also, the Edmund's TMV (true market value) tool may be helpful as you negotiate. Not sure if your region is reflected in the pricnig/estimation model.

Start here and add the options the Cayenne you are looking at has:

http://www.edmunds.com/used/2006/porsche/c...03/options.html

Edited December 6, 2009 by odix