Porsche Cayenne Turbo GT Loses $63K in Value After Just One Year, Making It a Bargain | Carscoops

      For $174,000, this top-of-the-line Porsche SUV appears to be a good deal in comparison to the Lamborghini Urus.

      With 650 hp, the Cayenne Turbo GT delivers remarkable acceleration and handling capabilities on the road.

      Nonetheless, despite its impressive performance, the German luxury SUV has experienced substantial depreciation after just 8,000 miles.

      The initial owner invested over $38,000 in optional features, including a Burmester sound system and Night Vision.

      The Cayenne Turbo GT is among the most powerful performance SUVs available, proudly wearing the GT badge, which signifies Porsche’s highest standards. However, it hasn't escaped the tough reality of depreciation.

      Earlier this week, a Cayenne Turbo GT was sold online for $174,000. While this is still a significant amount, it originally had a price of $237,290, with numerous upgrades beyond the standard Turbo GT. After merely 8,000 miles (around 13,000 km), it has lost an astonishing $63,290 in value. Additionally, it was purchased only a year ago, on April 15, 2024, and remains under full factory warranty.

      The window sticker shows that the original owner was eager to add options, spending over $38,000 on upgrades. The most extravagant option was a $5,810 Burmester 3D surround sound system. Other notable inclusions consist of a $3,770 deviated stitching interior package, $2,310 for Night Vision Assist, and $1,140 for Exclusive Design taillights.

      For entertainment enthusiasts on the move, it also features a $1,610 rear-seat entertainment system, along with $1,620 for the surround view with active parking support. Even ventilated front seats were not part of the base price of the top Cayenne – those added an extra $850, as you'd expect from Porsche.

      The exterior of the Porsche is finished in Vesuvius Grey, which leans more towards dark blue than actual grey. The SUV is equipped with 22-inch wheels fitted with Pirelli P Zero Corsa tires, measuring 285/40 at the front and 315/35 at the rear.

      Kudos to the original owner for the interior choice as well. It features a blend of Bordeaux Red and black leather upholstery that looks fantastic.

      Under the hood, the Cayenne Turbo GT is powered by a 4.0-liter twin-turbocharged V8 engine producing 650 hp and 626 lb-ft of torque. This engine is paired with an eight-speed automatic transmission that powers all four wheels. In comparison to a new Lamborghini Urus, which starts at over $240,000 in the United States, the Cayenne Turbo GT appears to be a more reasonable option.

      Ultimately, while the Porsche Cayenne Turbo GT is an extraordinary performance SUV, its depreciation is a stark reality. It's undoubtedly a beautiful family vehicle, but if you're searching for long-term value preservation, it may be wise to bypass the high-performance SUV in favor of something that might appreciate over time, such as a 911.