How much should you pay for a used 2020 Porsche Cayenne?
Who ever said SUVs had to be nothing more than a practical way to move people and their stuff from one place to another? In 2003, Porsche decided that the humble SUV deserved an option that would excite you with their signature performance and style. And ever since, they have been honing that concept.
The third generation Porsche Cayenne was introduced for the 2019 model year and is poised to remain in production (and stay in fashion) for the next few years. As the demand for SUVs rises, a Porsche Cayenne is one of the best ways to stand out among the crowd and get the best driving experience the class has to offer.
If you want to wow your friends with your car, have fun doing it, and not break the bank, then one of your best options is purchasing a pre-owned 2020 Porsche Cayenne. And here at CoPilot, we’ll help you figure out how much you should be paying for one.
NEARLY-NEW CARS ARE THE BEST VALUE
A new car loses value the second you drive it off the lot. Luckily, many used models sport the same great features as their new counterparts. Here’s where you can find nearly-new cars at significant discounts off MSRP.
How much does the average used 2020 Porsche Cayenne cost?
Certified Pre-Owned: $77,838
Savings vs. new: $16,394
A certified pre-owned 2020 Porsche Cayenne likely won’t have many miles on it yet, and it will have very modern technology features, and the same design as the 2021 model. And you can expect to save 17% off the average MSRP of a new Porsche Cayenne for a very similar car with a better warranty.
Uncertified: $75,360
Savings vs. new: $18,872
You can save even more by purchasing a pre-owned 2020 Porsche Cayenne that is not a part of Porsche’s CPO program. On average, you can save about 20% off the MSRP of a 2021 by buying a pre-owned 2020 Porsche Cayenne.
What’s the average mileage for used 2020 Porsche Cayennes?
Average Certified Pre-Owned Mileage: 6,149
Average Uncertified Mileage: 5,030
THE BEST USED LUXURY CARS ON THE MARKET
Buying a used or CPO luxury car is one of the smartest buys you can make - you can get a lot of car for not much money. You can pick up a three-year-old luxury car for about half of what you’d pay new. Check out this list of the best used luxury cars on the market to find the best deals.
What factors affect used prices the most?
Certified/Non-certified status
With a car this new, the warranty protections of Porsche’s CPO program are not as important as they might be on an older model, though they might still be enticing. All of the pre-owned 2020 Porsche Cayennes currently listed are still under their original manufacturer/s warranty.
Porsches come standard with a 4-year/50,000-mile warranty, a 2-year genuine Porsche parts warranty, and a 12-year warranty for rust on the body of the vehicle. The certified pre-owned warranty adds 2 years to the standard new car warranty, and also 2 years of roadside assistance. Since a pre-owned 2020 Porsche Cayenne will still be covered under the original warranty, you can expect to pay about $2,500 extra on average for those 2 years of added warranty and roadside assistance.
Trim levels & features
The 2020 Porsche Cayenne comes in three different trims: The base model, S, and Turbo.
2020 Porsche Cayenne Base
The base model of the 2020 Cayenne comes well equipped with a 12.3 inch touchscreen infotainment system with Apple Carplay, a 10 speaker premium sound system, and a wifi hotspot. There are also upgrades such as a panoramic sunroof, seat warmers, and an upgraded Bose sound system.
Those features are important in any luxury SUV, but if you’re looking for a Porsche SUV, you probably want to know about the performance. The base model will not disappoint with its 3L V6 engine, giving 335 horsepower to all four wheels through the 8-speed automatic transmission. On average, you can expect to pay about $73,000 for a base 2020 Porsche Cayenne.
2020 Porsche Cayenne S
If the 4.8 second 0-60 time of the base model isn’t fast enough for you, The Cayenne S comes with a more powerful engine under the hood: a 434HP twin-turbocharged 2.9L V6. And speed isn’t everything with the Porsche Cayenne S, it also has the power to tow up to 7,700lb. The average 2020 Porsche Cayenne S is listed at around $94,500.
2020 Porsche Cayenne Turbo
If the ultimate performance SUV is what you need, then the Porsche Cayenne Turbo is the perfect car for you. Its 541HP 4L V8 engine can speed the 5,056lb car up to 60mph in under 4 seconds. But a premium driving experience does come at a premium price. The average pre-owned Porsche Cayenne Turbo will currently run about $114,000.
Mileage
From our CoPilot data, we can see that the average certified pre-owned 2020 Porsche Cayenne depreciates by about $8 every 3 miles it has been driven. At this rate, for every 1,000 miles you should expect to pay about $2,667 below MSRP on a CPO 2020 Porsche Cayenne compared to a new 2021 Cayenne. If you’re buying a non-certified pre-owned, you should expect to save $3,752 for every 1,000 miles.
THE BEST USED SUVS UNDER $10,000
We looked into price, reliability, features, and more to create this list of the best used SUVs under $10k on the market today. Take a look - some of the best used SUVs have gone mostly overlooked or forgotten.
The easiest way to find reliable 2020 Porsche Cayennes in your area
Want to see the math behind which year model of Porsche Cayenne you should buy? Check out CoPilot Compare, the search engine for nearly-new cars. We’ll break down your savings for each used year model of Porsche Cayenne and search all the dealerships in your area for the best deals.
The best part? CoPilot is built using the same software that dealerships use, so you’ll get access to data you can’t get elsewhere, like how long a car has been on the lot or if there are better-priced alternatives nearby.
Also, CoPilot doesn’t work with dealerships, so there are no ‘promoted’ or ‘sponsored’ listings - just the best cars in your area. Learn more about how CoPilot works on our About Us page.
