Depreciation
The depreciation graph and accompanying table on our page detail how the 2023 PORSCHE CAYENNE's price has changed annually.
For instance, while the car initially depreciated slightly in its first year, subsequent years show a significant decrease, reflecting market trends and vehicle condition over time.
Such precise data is crucial for understanding how age and market dynamics impact car values.
The average price for new (MSRP) 2023 PORSCHE CAYENNE in 2023 was $83,440.
The average price for used 2023 PORSCHE CAYENNE nowadays in 2024 is $82,906 which is 99% from the original price.
Estimated mileage driven per year is 9,346 miles.
The graph below is a depreciation curve for 2023 PORSCHE CAYENNE. It shows how much this model looses per year in price. This analytics is calculated using sales records from BADVIN database.
The table below shows average price for used 2023 PORSCHE CAYENNE in each year since the year of manufacturing, current year price and projected price in the future years.
You can scroll the table horizontally to see all columns.
| Year | Average Mileage | Average Price | % Left | % Lost | ||
|---|---|---|---|---|---|---|
| 2023 MSRP | 0 mi | $83,440 | — | — | 100% | 0% |
| 2023 | 9,346 mi | $90,098 | −$6,658 | −7.98% | 107.98% | -7.98% |
| 2024 | 18,692 mi | $82,906 | +$7,192 | +7.98% | 99.36% | 0.64% |
| 2025 | 28,038 mi | $79,900 | +$3,006 | +3.63% | 95.76% | 4.24% |
| 2026 | 37,384 mi | $64,677 | +$15,223 | +19.05% | 77.51% | 22.49% |
| 2027 | 46,730 mi | $54,988 | +$9,689 | +14.98% | 65.9% | 34.1% |
| 2028 | 56,076 mi | $46,990 | +$7,998 | +14.54% | 56.32% | 43.68% |
| 2029 | 65,422 mi | $35,788 | +$11,202 | +23.84% | 42.89% | 57.11% |
| 2030 | 74,768 mi | $31,989 | +$3,799 | +10.62% | 38.34% | 61.66% |
| 2031 | 84,114 mi | $25,998 | +$5,991 | +18.73% | 31.16% | 68.84% |
| 2032 | 93,460 mi | $26,998 | −$1,000 | −3.85% | 32.36% | 67.64% |
| 2033 | 102,806 mi | $21,900 | +$5,098 | +18.88% | 26.25% | 73.75% |
| 2034 | 112,152 mi | $19,724 | +$2,176 | +9.94% | 23.64% | 76.36% |
Price vs Mileage
Our comprehensive analysis does not stop at depreciation; it also covers how mileage affects the PORSCHE CAYENNE’s price.
With data showing detailed price points at various mileage milestones, this section helps in identifying trends and making informed decisions.
For instance, price drops at higher mileages compared to lower mileages provides insights into potential maintenance or value thresholds.
This block is particularly useful for buyers and sellers aiming to gauge the best value proposition based on vehicle mileage.
The graph below shows how mileage affects the price for 2023 PORSCHE CAYENNE. This data was calculated using sales records from BADVIN database.
The table below shows average price for used 2023 PORSCHE CAYENNE by mileage and number of sales.
You can scroll the table horizontally to see all columns.
| Mileage | Average Price | Sample Size |
|---|---|---|
| 0 mi | $93,632 | 92 sales |
| 5,000 mi | $81,881 | 543 sales |
| 10,000 mi | $84,503 | 345 sales |
| 15,000 mi | $81,998 | 141 sales |
| 20,000 mi | $89,690 | 44 sales |
| 25,000 mi | $85,294 | 28 sales |
| 30,000 mi | $71,995 | 15 sales |
Frequently asked questions
You can track the depreciation of your car by monitoring market trends, checking online valuation tools, and staying informed about new model releases.
The best time of year to sell your car to minimize depreciation might be just before the release of a new model, when demand for used models could be higher.
Factors to consider when estimating the future resale value include the car's historical depreciation rate, current market trends, overall vehicle condition, and mileage.
Car depreciation is the decrease in value of a vehicle over time. It's a crucial factor to consider when calculating the total cost of vehicle ownership.
Aftermarket modifications can affect the depreciation of 2023 PORSCHE CAYENNE either positively, by enhancing appeal to certain buyers, or negatively, by deterring those who prefer stock condition.
When buying a car, consider models with strong resale histories, opt for popular color and feature options, and evaluate current market trends for the best value retention.
Yes, the choice of vehicle color can impact the depreciation rate, with neutral colors typically being easier to sell and potentially holding their value better than more unconventional colors.
Depreciation directly affects the resale value of a 2023 PORSCHE CAYENNE, with faster depreciating vehicles typically having lower resale values over time.
The expected depreciation of a vehicle after three years can vary, but generally, cars lose a significant portion of their value within the first few years.
Economic downturns can lead to decreased demand and lower resale values for vehicles, as buyers may defer purchasing vehicles or opt for less expensive alternatives.
Other years of PORSCHE CAYENNE
2006 PORSCHE CAYENNE
$9,208 average used price
3,000+ sales records
2010 PORSCHE CAYENNE
$11,955 average used price
2,900+ sales records
2012 PORSCHE CAYENNE
$16,891 average used price
9,800+ sales records
2016 PORSCHE CAYENNE
$25,998 average used price
31,100+ sales records
2017 PORSCHE CAYENNE
$31,989 average used price
24,700+ sales records
2020 PORSCHE CAYENNE
$54,988 average used price
33,100+ sales records
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