Very nicely done, I like the detail and intelligence with which you present your real world experience. Very few people or journalists have your level of sophistication and honesty, thank you!!
Just get an after market maintenance warranty (or put aside your own money in a maintenance account) and budget for it....and dont worry and just enjoy the car
I changed my mind about continuing the video after seeing this. I owned different cars, most of them only needed just an oil change and other wear and tear items. So far this year I've done 25k miles on my car this year and it costed me 700 usd for 4 services and brake pads and a pair of front suspension arms
Had a 2008 Cayenne GTS and my wife bought an after market warranty, which I thought was pretty expensive. Then we had some problems and the warranty was actually a good deal. If Porsche would have made things replaceable like a PCV valve, which was built into the valve cover, so the valve cover ($1800) had to be replaced to get the PCV fixed. Couldn't find anybody on any of the forums that actually does their own work on the GTS so had to use the warranty. In the long run the warranty paid for itself. But when we went to purchase another warranty nobody would sell us one?? The turbos depreciate more the the GTS, so if I was going to buy another Cayenne it would be the GTS. The car was a frinking hoot to drive, I loved it, but w/o the aftermarket warranty it's too expensive to repair
I’m a Nissan guy. So know I wanted a little bit more luxury I purchased an Infiniti.... I was shocked by the increase in parts compared to a normal Nissan. But that’s it...... if your paying more then $50 for an oil change slap yourself hard..... nooooo way bro. Go to Walmart buy Mobil 1 get on the ground. I get there are some things you will have to pay more for in parts but my labor is free. It’s called the “DTSM” and rockauto.com. “DTSM” Do that Shit Myself But if you like it I love it 🤷🏾♂️
Great video and great comments below! I think we need to consider that the Turbo is the top-performer of the Cayenne range. Which means they squeezed out every last ounce of performance from each component. While that makes for a great ride, it means the components are more under stress when compared to the base and S models. Given that, I don't think the cost is too bad. I think if you got a base Cayenne, it would be much cheaper to own.
Indy mechanics (and dealers) charge a shitload of $$$ for a simple oil change. You can see what the actual parts cost, the rest is profit. I laugh in their faces and do all my own oil changes now. My PT Cruiser oil change used to cost $22 at Walmart. Then Walmart autocenter closed down. The indy mechanic wanted to charge $200 + tax to change the oil on my BMW Z4. Fuck that. I made some ramps and do ALL my oil changes for a fraction of what a garage tries to charge.
RUclipsr : how much it costs to own a Porsche Cayenne turbo Me : “clicks the video” RUclipsr : so first I spent $40 on the smog test Me : end the video
i own a 3.2 cayenne, its just enough for me. easy to maintain because its a vw block and can take parts from touareg. here in panama its easy to drive. gas is cheap, less then 1 $. most maintenance i can do by myself, only for brakes i m going to PC in the city. beside i drive a nissan
My V6 Cayenne 08 doesn't have any problems with it, except for a windshield washer pump leak which I replaced for cheap. I did all of the maintenance work you listed by myself for cheap.
Leonard Blocker A washer pump leak is considered a lemon? Hahahahaha, I own a 08 V8 Cayenne S and have put 50k on the dash without issues, I don’t baby her at all either. Bought the car one owner at 105k, what exactly are the sorts of issues with V8s I’m curious as to what to expect. Coolant pipe upgrade which was a design flaw by Porsche, bad wheel bearing, rear spring failure, exhaust cat leak living in North East near the bay, driveshaft, is nothing related to the engine. I’ll grant you more headaches than one wants to deal with but nothing major. Ignition coils left my wife and I stranded but that was my negligence and not checking on them after I bought the car. It has not let me down once or walking on the highway so again, I wonder what catastrophic failure lies ahead for my ol boy blu.
Holy Crap, I've never had to do that much service in 2 years of ownership in any of my used car purchase. I thought about buying a Porsche, now it remains a thought...
Depreciation of $8,000 in 2 years was factored into his ownership cost. Cars aren’t investments. I think it’d be more helpful to calculate cost of ownership in terms of actual out of pocket expenses.
Buy yourself a Lexus trust me you will thank me later, I know based on experience. German SUVs drive sportier but are not reliable like a Lexus not even close.
@@TigerKurdish an average Lexus SUV cost like $8k more than the Cayenne, you will never spend so much on maintaining a Cayenne. And on top of that with the Lexus you will always have the stigma of an Asian car, the stamp of mediocrity in the parking lot of your work between Jaguars and Land Rovers who say they are better than you. Come on, move your rice burner next to the Civics and Hyundais ... I don't want that in my life.
i have a 2011 turbo. i do all the maintenance myself. just had to change the transmission fluid. all that pumping and making sure it is the right temperature. but o love it. it saves tons
It’s expensive because your replacing shit that doesn’t need to be replaced oil change is needed everything else replace as it is needed not just because
vsh510 this isn’t a Toyota where if something breaks or happens you can’t drive it to a safe location. Once something happens with euro cars it’s a fix it right away deal.
Most of this I would class as service items which happen with all cars, suspension, brakes, tyres, fluids all to be expected. With a high value car expect 1% of the new list price per annum, so $100,000 = $1000 per year.
I love these porsche cayenne suv. But omg i had to think twice on owning one. I was close to buy one. But did lots of research before buying one. So i decided to purchase a 2014 mercedes ML350. Even tho both vehicles are German. Mercedes parts and maintenance isn't much as porsche. So i went for the ML. 2yrs now of ownership and love it. I don't regret it. It's a bargain for a nice suv.
For comparison, you can subscribe this car, brand new, insurance included, for $24k a year. I'd take the subscription route, since you can cancel or postpone the plan at any time.
I bought a 2006 Porsche Cayenne base model for 5000$ , had it for 2 years super reliable all I did was pay for the oil and filter for like 30$ at Walmart , and spark plugs , no mechanical issues within 2 years
@@CarFanatic If cost is immaterial, just buy a new one that has LED headlight, all the new safety features like blind spot sensor, lane depature, HUD. etc.
@@chosenwon5965 I used CarChex and policy was underwritten by The Warranty Group. You need to be sure to read the fine print to know what is and isn't covered. Many companies try to get you be capping the labor rate they will pay which leaves you covering the rest of the bill.
I also have a 2008 cayenne, albeit black on black with the PDCC Very surprised as to how many repairs you have had I also needed new coils and the propshaft bearing But not the arms or the vaccum pump The brakes are goinge to be done in the near future, they cost around 500 euros for the full set, if I fit them myself (dealer is like a 2.000 euro job for all the corners) Maintenance is slightly higher as I replaced both fluid reserves for the PDCC and power steering, as recommended by Porsche (but insignificant, maybe it was around 200 euros and you only do it every many years) On gas I average 15 US mpg, but cost is much higher here in Europe The final conclusion is having a car is very expensive, in general, but going the extra mile you can at least be in nice things as the turbo
The prop-shaft bearing or centre mount bearing is a problem at about 80,000 miles - £750.00 full replacement in the UK. I`m also amazed at the amount of maintenance work this guy has had to do - $7K WOW
@@billdejong4148 Well, it seems I spoke too early because this wee I am expecting a 2000euro bill for a similar problem he had with the cooling system In my case, the thermostat broke and kept open I had no time to do it myself so I brought it to my trusty mechanic And well, once they started to dissasemble, the water pump was leaking slightly, so it may as well be replaced, also the whole thermostat housing, a few plastic hoses for the upgraded metal ones, the assosiated gaskets, etc. BTW my car has now around 180.000km
The best cars to buy used are 2010-2014. Between the early 2000s-2008 car company’s weren’t trying. They were cheap and people had money. After the 08 recession car companies had to try to make people buy again, and most people are broke during this time frame. It is one of the the reason leasing options are very affordable after 2010, now everyone is driving. It might be snake oil but as a mechanic I’ve seen the same generation of cars last longer 09+ versus 08 and before in the the same generation. Idk about this brand of car, but I just wanna put it out there for people who wanna buy used
Right, but cost of ownership is total maintenance and expenses/total amount of time owning the vehicle. Buying a used vehicle, and fixing it up doesn’t represent that as a conclusive cost/value of owning the vehicle past the initial restoration period. And presumably any vehicle will need a degree of restoring past 100k miles. If every year it cost $7500 in maintenance over a 5-7 year stretch, that may represent the amount of time people own cars for, though your point is valid that this is an expensive vehicle and therefore expensive to maintain.
being a owner of a x5 ,ml 350,audi a4,all were all wheel drive,the least expensive of them all to own, and repair was the Mercedes benz, they are pretty bullet proof if serviced properly,to many of my friends went down the porsche road only once there's a reason for that,and you just said a lot of it.
I love your way of reviewing the car and issues, so helpful. I need an advice. I'm on my way of buying a cayenne but not sure which on! I have to choose between 2011 V8 turbo S or 2016 V6 GTS. Not going to race both have plenty of power more than I need. I don't care about fuel economy but maintenance is big deal for me. I live in place which the temperature can drop to below 40C .
3 years cost for Civic for 25 000km per year buy price 4000+ insurance 2500 +oil and filters 300 + brakes and common defekts 400 plus gas for the three yers 5000=12200 and then sold for 3000. 12200-3000=9200 thats divides per year is 3060 eur, so if we all calculate the same way it's not cheap but reality is that i bought the car for 4000 and for brakes and common defekts and tires i had 1000max and i sold it for 3000, so thats 2000 for the three years of ownership divides per year is 650 eur and the rest of the costs is here with every vehicle
wait wait wait... spreadsheet line 38 - Oil change and tire rotation $343.60?? Is there something unique about changing the oil on this vehicle? That price sounds ridiculously high to me
Yeah it was high. I had taken it to my independent mechanic. The dealer would have charged more. I would have done it myself but was crunched for time.
I had the same problem when I had my Audi, I was quoted almost $600 for a simple downpipe replacement, so I asked the mechanic where was the female? He was a bit puzzled and asked what I was talking about? I told him if I was going to pay that much I need to see the girl that's going to give me the blowjob while he does this work. I found another mechanic to do it for $125 bucks.
This was fantastic! Another great video I just bought a 2008 CTT triple black 3 weeks ago Love it and love these videos Just did my oil change today thanks to your helpful video Subscribed
Awesome! Hopefully you have relatively trouble free ownership. Consider replacing the ignition coils if you have no record of them getting replaced. They all eventually fail which will leave you stranded.
look at buying either Cetnric C-Tek or Centric Premium Rotors, if they’re available in the requisite size. Centric makes Stoptech rotors and pads. Rotors are about $30 a piece.
How does it compare to your 997.2? $11K is a big number, but that accounts for gas, insurance, registration. That’s going to be there regardless. Cost of maintenance, to me, is the stickler. Especially since I only buy preowned (except once).
Let's see $350 for registration, $500 on DIY maintenance, $1000 insurance, gas for the equivalent of 10k miles would be around $1500. That would be around $3500 not counting depreciation.
Ha well depending on depreciation, it will likely be just as expensive unless you get into a car that has little depreciation left. 986, 996, 987s with higher mileage
Car Fanatic some would argue that the 997.1s are near or at the bottom of their depreciation curve. It seems to be the case for the 996 Turbos, at least.
Good video. Succinct and no fluff so many thanks. I've just bought a Cayenne Turbo 2011 and live in Texas where the roads are rough. Would you recommend any preventative maintenance for example the bushes (I'm at 110k miles). Any other preventative maintenance in hindsight to avoid some of the bigger costs? And was your preventative maintenance in line with the manufacturers recommendations or were you being cautious because of the significant costs of repairs? Lastly, I've heard some horror stories about aftermarket maintenance contracts. Who do you recommend?
Expensive, even if used and 20% of it's original cost that's for sure. The price you pay for a luxury SUV that can do it all (fast, practical, comfortable, relatively good handling, highly capable off road).
Well done !! You thankfully can do alot of your own maintenance, but if you took it to the dealership for all of those jobs, it would have costs a great deal more and alot of time sitting in the shop. That is a ton of maintenance no matter how you slice it. My used 2016 Macan S had $18,000 in repair bills in 2 yrs (I twice had to replace the transfer case in one year at $6,000 per). The resale value was cut in half the first year, and on a used car that is ridiculous ! And yes my warranty covered some of the repairs, but that doesn't explain very poor workmanship and bad parts that allowed these problems in the first place. Great car, nightmare to own and pay for. 16 bolts have to be removed to change the oil ! Does that tell you all you need to know? I had a Lexus LS 430 for ten years, and during that time I replaced the tires twice, the oil and a battery. Porsche is big fun, and a garbage can build. All of their ratings for reliability and resale are ridiculously false.
Would love to see an Opportunity Cost figure included in your bottom line. I notice the Edmonds figure you quoted for the X5M had a finance cost included. That essentially takes care of calculating opportunity cost instead of using the cash price figure - for those who pay cash - but any cash deposit Opportunity Cost should still be included.
Yes, I see you didn't include any finance cost for your Cayenne in your spreadsheet calc. If you paid cash, the opportunity cost of that needs to be included for a fair comparison and an absolute figure. I mean the person who chooses a Fiesta at $15,000 instead of a 2018 Cayenne at $96,000 potentially has an extra $81,000 to place in their mutual fund. Earning a typical 7.5% pa would be a compounded gain of $12,600 in 2 years. Subtract that from the Fiesta annual running cost of $5956.80 and you have an average annual nett GAIN of.... +$343 per year!
I blew a similar amount on my Touareg V8 (similar enough). Spent $1,450 on a full timing belt job, $1,000 on an oil pan (drain bolt threads stripped), $900 for a driveshaft support bearing, $600 for a flex pipe, $400 to fix the headlights, $100 to replace the blower motor, and $1,000 for tires
Probably not. But I already have the car, have taken the depreciation hit and paid for repairs, so I wouldn't recover much. However, I love the Cayenne overall. It just turned out to be more money that I expected. I think I can get at least 5 more years of enjoyment. Not many SUVs can do it all like the Cayenne.
Did you calculate how much same parts would been for example in some other car like Lexus RX? IF you can check it you could see was it really so much more expensive?
In 2006 a colleague payed 50000 for a cayenne a year later offered to sell to me for 20000 nice suv at the time but heavy running costs what happened porche
You could buy a low mileage Renault Clio GT-line tce 2012' for under 15k miles. I've owned the car for two years and I have only had to pay towards two passed M.O.T's, new oil changes and air filters. And that is it. A total cost of £210.00 to run this car. You only buy a car from new if you plan to keep it for 7 years or more. You never buy a high-end used car with high mileage. It's money down the drain. I have my own business and invest my monies into Real Estate. All cars are money pits, if you want an expensive car, get business cover, insurance and a business lease contract for 12 months, with maintenance warranty covered. You only pay for the difference in depreciation from the new price of the vehicle minus the actual value worth after 12 months. Most business owners I know and some millionaires also never own the car, only lease it out for 1 or 2 years max. Then you get the next latest model the year after.
Hey there CF, love your videos, subscriber and thumbs up on all your videos I've watched. I like the very organized detailed vehicle videos, there is no guessing around and further research since you go into very good detail on parts, tool sizes, materials needed to get the job done. I'm looking to purchase a 2009 Cayenne S at 68k miles and heard you mention good things about CarChex, what would you recommend the extended warranty plan for this vehicle? Thanks in advance!
I would but have to caveat that Carchex uses different warranty providers. You just need to read to fine print to see what is covered. Hope this helps and thanks for your support!
@@CarFanatic Thank you very much for the speedy response CF, it was appreciated! I talked to my Independent Porsche shop owner (I'm currently Cayman S owner) about purchasing the extended warranty because I was really worried about the rear cooling tubes below the intake manifold rupturing without any warning and trashing the engine. He assured me the newer hoses will not instantly rupture, the warnings signs will be antifreeze fluid leaks first. He told me from his experience they don't like to pay with the excuses of pre-existing condition, manufacture MX services not performed, and driver carelessness. On your CarChex extended warranty, did they know of your Car Fanatic RUclips channel? I enjoyed all your meticulously detailed professional college level taught videos, keep up the excellence! Thank you
Hey bro. U want to buy a cheaper cayenne but cost more maintenance. Or you buy a newer used cayenne and pay less maintenance fee??? I guess the same. But mean point is how you really love cayenne bro
I have owned a Porsche Cayenne for the past 3 years and in the last 2 years I have spent $6,000 on repairs and in the last 10 months alone I have spent $3,000.
Probably not. The Porsche Cayenne is a better handling SUV and also hasn't given me too much trouble during my portion of ownership. I like the overall build quality as well.
Welcome to American Auto ownership ... if it wasn't for America there would never have been a need for the Cayenne... figure the costs of a Toyota or Lexas or OMG an Infiniti ( their electrical problems are a nightmare) the most important factor is life ... which car would u want protecting you a Cayenne or Fiesta ... You have a beautiful car and obviously take care of it ... it's all relative.
Need Porsche help or purchase advice? Book a consultation with me. calendly.com/carfanatic
well, thanks for knockin' me back down to earth~ appreciate this video
Buy it new… believe me that’s the sweet spot, spend the first 100.000, sell it and buy absorber new.
😅same to me
Difficult to own if you aren't willing to get your hands dirty. If you are, it's a beast of a machine with a heavily discounted price tag.
This is so thorough - I am a German car owner and a CPA so love the details! Remember depreciation is only in the eyes of the beholder :)
Very nicely done, I like the detail and intelligence with which you present your real world experience. Very few people or journalists have your level of sophistication and honesty, thank you!!
Thanks for watching and hope you're subscribed.
I am blessed to have the ability , tools and equipment to do all my own work . Just pay for parts and at cost . So no worries
@COVID 20 keep at it .
Thanks for doing the math/keeping the totals.
Just get an after market maintenance warranty (or put aside your own money in a maintenance account) and budget for it....and dont worry and just enjoy the car
I changed my mind about continuing the video after seeing this.
I owned different cars, most of them only needed just an oil change and other wear and tear items. So far this year I've done 25k miles on my car this year and it costed me 700 usd for 4 services and brake pads and a pair of front suspension arms
Porsche cayenne ??
Had a 2008 Cayenne GTS and my wife bought an after market warranty, which I thought was pretty expensive. Then we had some problems and the warranty was actually a good deal. If Porsche would have made things replaceable like a PCV valve, which was built into the valve cover, so the valve cover ($1800) had to be replaced to get the PCV fixed. Couldn't find anybody on any of the forums that actually does their own work on the GTS so had to use the warranty. In the long run the warranty paid for itself. But when we went to purchase another warranty nobody would sell us one?? The turbos depreciate more the the GTS, so if I was going to buy another Cayenne it would be the GTS. The car was a frinking hoot to drive, I loved it, but w/o the aftermarket warranty it's too expensive to repair
What company did you use for the aftermarket warranty ?
Same question. Anyone who can share which after market warranty company to use?
how can you keep buying after market warranty?
I bought a 2004 Cayenne S a year ago for $8500 i had the oil changed for $160 and the thing just runs , my 2004 Lincoln keeps breaking.
Seems to be really hit or miss with most German cars. Thanks for the feedback.
NICE
roccorostagno - dem girls can do anything! 💪
roccorostagno sooooo true. I guess he never heard of rockauto.com either 😱
I’m a Nissan guy. So know I wanted a little bit more luxury I purchased an Infiniti.... I was shocked by the increase in parts compared to a normal Nissan. But that’s it...... if your paying more then $50 for an oil change slap yourself hard..... nooooo way bro. Go to Walmart buy Mobil 1 get on the ground. I get there are some things you will have to pay more for in parts but my labor is free. It’s called the “DTSM” and rockauto.com.
“DTSM” Do that Shit Myself
But if you like it I love it 🤷🏾♂️
Great video and great comments below! I think we need to consider that the Turbo is the top-performer of the Cayenne range. Which means they squeezed out every last ounce of performance from each component. While that makes for a great ride, it means the components are more under stress when compared to the base and S models. Given that, I don't think the cost is too bad. I think if you got a base Cayenne, it would be much cheaper to own.
I agree I have a 09 base not to many problems at all
How u get a oil change and tire rotation for 350 then you get another oil change for 70 and free tire rotation dnt make sense 🤔
he did it himself
He did it himself duuuuuuur! 😂😂😂😂
Indy mechanics (and dealers) charge a shitload of $$$ for a simple oil change. You can see what the actual parts cost, the rest is profit. I laugh in their faces and do all my own oil changes now. My PT Cruiser oil change used to cost $22 at Walmart. Then Walmart autocenter closed down. The indy mechanic wanted to charge $200 + tax to change the oil on my BMW Z4. Fuck that. I made some ramps and do ALL my oil changes for a fraction of what a garage tries to charge.
@@OMGWTFLOLSMH glad you upgraded to the beamer from the pt cruiser tho 😂
Don't be put of people. I'm a cayanne owner and never had one issue with my 2005 3.2 . Beautiful beast it is.
A good eye opener for those of us considering a Cayenne, tho I would never factor in depreciation.
You forgot one important informacion: how many miles did your Cayenne have ? that is important when you buy a used car.
RUclipsr : how much it costs to own a Porsche Cayenne turbo
Me : “clicks the video”
RUclipsr : so first I spent $40 on the smog test
Me : end the video
Sorry
Lmaooooo
My total cost of ownership on my 2006 Lexus LS 430 was under 4K annually for ten years !!!!!
Totally different car/class
i own a 3.2 cayenne, its just enough for me. easy to maintain because its a vw block and can take parts from touareg. here in panama its easy to drive. gas is cheap, less then 1 $. most maintenance i can do by myself, only for brakes i m going to PC in the city. beside i drive a nissan
My V6 Cayenne 08 doesn't have any problems with it, except for a windshield washer pump leak which I replaced for cheap. I did all of the maintenance work you listed by myself for cheap.
Same here, no issues so far, did my research before buying the v8s in the cayenne had a lot of problems, and the V6 seemed almost Bulletproof
@@LeonardoSchaerer Same with me I have a 09 base v6 and don't have any problems besides battery and tire's....sounds like he bought a Lemon
Leonard Blocker A washer pump leak is considered a lemon? Hahahahaha, I own a 08 V8 Cayenne S and have put 50k on the dash without issues, I don’t baby her at all either. Bought the car one owner at 105k, what exactly are the sorts of issues with V8s I’m curious as to what to expect. Coolant pipe upgrade which was a design flaw by Porsche, bad wheel bearing, rear spring failure, exhaust cat leak living in North East near the bay, driveshaft, is nothing related to the engine. I’ll grant you more headaches than one wants to deal with but nothing major. Ignition coils left my wife and I stranded but that was my negligence and not checking on them after I bought the car. It has not let me down once or walking on the highway so again, I wonder what catastrophic failure lies ahead for my ol boy blu.
and a v6. what the hell is the point in a porsche v6. that's as stupid as a v6 mustang.
@@iwishiwaswrongbutimnot517 hell yea
Holy Crap, I've never had to do that much service in 2 years of ownership in any of my used car purchase. I thought about buying a Porsche, now it remains a thought...
Depreciation of $8,000 in 2 years was factored into his ownership cost. Cars aren’t investments. I think it’d be more helpful to calculate cost of ownership in terms of actual out of pocket expenses.
Buy yourself a Lexus trust me you will thank me later, I know based on experience.
German SUVs drive sportier but are not reliable like a Lexus not even close.
@@TigerKurdish an average Lexus SUV cost like $8k more than the Cayenne, you will never spend so much on maintaining a Cayenne. And on top of that with the Lexus you will always have the stigma of an Asian car, the stamp of mediocrity in the parking lot of your work between Jaguars and Land Rovers who say they are better than you. Come on, move your rice burner next to the Civics and Hyundais ... I don't want that in my life.
@@ivanarrache5154 I’ll still buy a Lexus
@@ivanarrache5154 tells us you're racist with out saying you're racist, or maybe just overly insecure.
i have a 2011 turbo. i do all the maintenance myself. just had to change the transmission fluid. all that pumping and making sure it is the right temperature. but o love it. it saves tons
Thanks for the detailed info of expertise!!! My owning a porches is out of the question for now !!!! It helped me make the decision!!!
Yesssss! Excellent video! Thanks!
It’s expensive because your replacing shit that doesn’t need to be replaced oil change is needed everything else replace as it is needed not just because
There are certain things you can't wait to replace when they fail like ignition coils. That's how you end up stranded.
The rest of the stuff is Maintenance. You must be the type of guy to wait until you hear noises or something breaks to fix it.
Fix as problems arise if you went to a honest shop they would tell you the same thing if it ain’t broke don’t mess with it
You got money to burn thought so replace it all turn a 10k purchase into a 20k investment
vsh510 this isn’t a Toyota where if something breaks or happens you can’t drive it to a safe location. Once something happens with euro cars it’s a fix it right away deal.
Most of this I would class as service items which happen with all cars, suspension, brakes, tyres, fluids all to be expected. With a high value car expect 1% of the new list price per annum, so $100,000 = $1000 per year.
I love these porsche cayenne suv. But omg i had to think twice on owning one. I was close to buy one. But did lots of research before buying one. So i decided to purchase a 2014 mercedes ML350. Even tho both vehicles are German. Mercedes parts and maintenance isn't much as porsche. So i went for the ML. 2yrs now of ownership and love it. I don't regret it. It's a bargain for a nice suv.
For comparison, you can subscribe this car, brand new, insurance included, for $24k a year. I'd take the subscription route, since you can cancel or postpone the plan at any time.
I bought a 2006 Porsche Cayenne base model for 5000$ , had it for 2 years super reliable all I did was pay for the oil and filter for like 30$ at Walmart , and spark plugs , no mechanical issues within 2 years
Very awesome! V6 models are definitely easier to maintain.
Great info! Thank younfor being so detailed
Thanks for watching! Hope you're subscribed!
The two big expenses are an unfortunate hit, but came due at the 10 year mark. It should be another 10 years before you would need to do this again.
Great video, you have opened my eyes to the cost of owing my dream car.
Yeah, not worth it if it will take away from other life experiences. But if the cost is immaterial, then it's okay.
+1 this video was extremely helpful. I appreciate how comprehensive you were with factoring all costs in.
@@CarFanatic If cost is immaterial, just buy a new one that has LED headlight, all the new safety features like blind spot sensor, lane depature, HUD. etc.
@@CarFanatic What aftermarket warranty company do you recommend?
@@chosenwon5965 I used CarChex and policy was underwritten by The Warranty Group. You need to be sure to read the fine print to know what is and isn't covered. Many companies try to get you be capping the labor rate they will pay which leaves you covering the rest of the bill.
Yup was about to trade my toyota camry for a 08 cayenne scared me away fuck that
I also have a 2008 cayenne, albeit black on black with the PDCC
Very surprised as to how many repairs you have had
I also needed new coils and the propshaft bearing
But not the arms or the vaccum pump
The brakes are goinge to be done in the near future, they cost around 500 euros for the full set, if I fit them myself (dealer is like a 2.000 euro job for all the corners)
Maintenance is slightly higher as I replaced both fluid reserves for the PDCC and power steering, as recommended by Porsche (but insignificant, maybe it was around 200 euros and you only do it every many years)
On gas I average 15 US mpg, but cost is much higher here in Europe
The final conclusion is having a car is very expensive, in general, but going the extra mile you can at least be in nice things as the turbo
The prop-shaft bearing or centre mount bearing is a problem at about 80,000 miles - £750.00 full replacement in the UK. I`m also amazed at the amount of maintenance work this guy has had to do - $7K WOW
@@billdejong4148
Well, it seems I spoke too early because this wee I am expecting a 2000euro bill for a similar problem he had with the cooling system
In my case, the thermostat broke and kept open
I had no time to do it myself so I brought it to my trusty mechanic
And well, once they started to dissasemble, the water pump was leaking slightly, so it may as well be replaced, also the whole thermostat housing, a few plastic hoses for the upgraded metal ones, the assosiated gaskets, etc.
BTW my car has now around 180.000km
Oil change and rotation for 343? $95 for a serp. belt on a modern car? This seems insane.
great video, greatly organized and thank you for the intel.
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It’s not so much different from a Cadillac Escalade to be honest...
Excellent video! Trying to decide if I should buy a 2008 Cayenne now.
Nice video! Sound financial advice.
Where did you get your warranty from? For whatever car anyone may own, it sounds like they came through for you!
Thank you so much for this cautionary tale!
Very good way to look at it.
Thanks for watching and hope you're subscribed!
The best cars to buy used are 2010-2014. Between the early 2000s-2008 car company’s weren’t trying. They were cheap and people had money. After the 08 recession car companies had to try to make people buy again, and most people are broke during this time frame. It is one of the the reason leasing options are very affordable after 2010, now everyone is driving. It might be snake oil but as a mechanic I’ve seen the same generation of cars last longer 09+ versus 08 and before in the the same generation. Idk about this brand of car, but I just wanna put it out there for people who wanna buy used
Very cool info especially from a mechanic like yourself. What about cars made after this range, 2015 and up?
Right, but cost of ownership is total maintenance and expenses/total amount of time owning the vehicle. Buying a used vehicle, and fixing it up doesn’t represent that as a conclusive cost/value of owning the vehicle past the initial restoration period. And presumably any vehicle will need a degree of restoring past 100k miles. If every year it cost $7500 in maintenance over a 5-7 year stretch, that may represent the amount of time people own cars for, though your point is valid that this is an expensive vehicle and therefore expensive to maintain.
But it’s a 2008, used so....
being a owner of a x5 ,ml 350,audi a4,all were all wheel drive,the least expensive of them all to own, and repair was the Mercedes benz, they are pretty bullet proof if serviced properly,to many of my friends went down the porsche road only once there's a reason for that,and you just said a lot of it.
I totally agree. My wife's recedes C250 has been mostly trouble free.
Sounds more like people are being ripped off with the costs you quote! One born every minute and all that...
He picked up a lemon.
Very informative thank you
Not cheap, but by all means, not the wallet breaker they are made out to be. If you can afford to go porsche, the maintaining shouldn't kill you.
Great video with every details. I am planning invest on a Panamera 2010 or 2011. Can you do the same with panamera in 2020? How much cost you think?
So nic3 and accurate.
I love your way of reviewing the car and issues, so helpful. I need an advice. I'm on my way of buying a cayenne but not sure which on! I have to choose between 2011 V8 turbo S or 2016 V6 GTS. Not going to race both have plenty of power more than I need. I don't care about fuel economy but maintenance is big deal for me. I live in place which the temperature can drop to below 40C .
3 years cost for Civic for 25 000km per year buy price 4000+ insurance 2500 +oil and filters 300 + brakes and common defekts 400 plus gas for the three yers 5000=12200 and then sold for 3000.
12200-3000=9200 thats divides per year is 3060 eur, so if we all calculate the same way it's not cheap but reality is that i bought the car for 4000 and for brakes and common defekts and tires i had 1000max and i sold it for 3000, so thats 2000 for the three years of ownership divides per year is 650 eur and the rest of the costs is here with every vehicle
wait wait wait... spreadsheet line 38 - Oil change and tire rotation $343.60?? Is there something unique about changing the oil on this vehicle? That price sounds ridiculously high to me
Yeah it was high. I had taken it to my independent mechanic. The dealer would have charged more. I would have done it myself but was crunched for time.
Good info i wanted one of these👍
When you own a Porsche and your mechanic sees you coming 🤑🤑🤑🤑🤑🤑
Lol
I had the same problem when I had my Audi, I was quoted almost $600 for a simple downpipe replacement, so I asked the mechanic where was the female? He was a bit puzzled and asked what I was talking about? I told him if I was going to pay that much I need to see the girl that's going to give me the blowjob while he does this work.
I found another mechanic to do it for $125 bucks.
@@OG_DSM 😂
Damn, that 2000 dollar job on the front suspension is only a 1000 dollar job here :)
@Plant Papi 😂
this video hurts just watching
This was fantastic! Another great video
I just bought a 2008 CTT triple black 3 weeks ago
Love it and love these videos
Just did my oil change today thanks to your helpful video
Subscribed
Awesome! Hopefully you have relatively trouble free ownership. Consider replacing the ignition coils if you have no record of them getting replaced. They all eventually fail which will leave you stranded.
Thanks for the info. I guess I wont be buying that cheap cayenne turbo s after all haha
Good choice!
I envy your $450 for front pads and rotors, my 2006 Cayenne Turbo S needs some and they are ridiculously priced :(
look at buying either Cetnric C-Tek or Centric Premium Rotors, if they’re available in the requisite size. Centric makes Stoptech rotors and pads. Rotors are about $30 a piece.
how much was the depreciation on your 997.2? That was something you didn't include in your 911 video. Like the breakdown btw
It's hard to say. My guess is that over 4 years and 13k miles, it has depreciated by around $10k
2010 v6 80k miles, driven about 2k miles zero issues so far.
Yeah I think I'll just get a Camry or something
Great vid
Thank you!
How does it compare to your 997.2? $11K is a big number, but that accounts for gas, insurance, registration. That’s going to be there regardless. Cost of maintenance, to me, is the stickler. Especially since I only buy preowned (except once).
Let's see $350 for registration, $500 on DIY maintenance, $1000 insurance, gas for the equivalent of 10k miles would be around $1500. That would be around $3500 not counting depreciation.
Car Fanatic so the moral of the story, boys and girls, is buy the 911!!!
Ha well depending on depreciation, it will likely be just as expensive unless you get into a car that has little depreciation left. 986, 996, 987s with higher mileage
Car Fanatic some would argue that the 997.1s are near or at the bottom of their depreciation curve. It seems to be the case for the 996 Turbos, at least.
I had a 4000 coolant leak on a 2003 cayenne s really need a better machanic who ain’t gunna do me dirty like that
Good video. Succinct and no fluff so many thanks. I've just bought a Cayenne Turbo 2011 and live in Texas where the roads are rough. Would you recommend any preventative maintenance for example the bushes (I'm at 110k miles). Any other preventative maintenance in hindsight to avoid some of the bigger costs? And was your preventative maintenance in line with the manufacturers recommendations or were you being cautious because of the significant costs of repairs? Lastly, I've heard some horror stories about aftermarket maintenance contracts. Who do you recommend?
Hi man! How is your experience with your cayenne so far? I am thinking of buying one the same year as you please let me know (:
What was your mileage at purchase? 367 comments is a bit to sift through...
What after market Waranty did you buy?
I’m scares to buy use chayanne now
Ah... solid info video, but hell no would I ever own one of those money pits.
Expensive, even if used and 20% of it's original cost that's for sure. The price you pay for a luxury SUV that can do it all (fast, practical, comfortable, relatively good handling, highly capable off road).
Well done !! You thankfully can do alot of your own maintenance, but if you took it to the dealership for all of those jobs, it would have costs a great deal more and alot of time sitting in the shop. That is a ton of maintenance no matter how you slice it. My used 2016 Macan S had $18,000 in repair bills in 2 yrs (I twice had to replace the transfer case in one year at $6,000 per). The resale value was cut in half the first year, and on a used car that is ridiculous ! And yes my warranty covered some of the repairs, but that doesn't explain very poor workmanship and bad parts that allowed these problems in the first place. Great car, nightmare to own and pay for. 16 bolts have to be removed to change the oil ! Does that tell you all you need to know? I had a Lexus LS 430 for ten years, and during that time I replaced the tires twice, the oil and a battery. Porsche is big fun, and a garbage can build. All of their ratings for reliability and resale are ridiculously false.
The 911, boxsters and Caymans are more reliable and trouble free than Porsche's other models.
Would love to see an Opportunity Cost figure included in your bottom line. I notice the Edmonds figure you quoted for the X5M had a finance cost included. That essentially takes care of calculating opportunity cost instead of using the cash price figure - for those who pay cash - but any cash deposit Opportunity Cost should still be included.
Yes, I see you didn't include any finance cost for your Cayenne in your spreadsheet calc. If you paid cash, the opportunity cost of that needs to be included for a fair comparison and an absolute figure. I mean the person who chooses a Fiesta at $15,000 instead of a 2018 Cayenne at $96,000 potentially has an extra $81,000 to place in their mutual fund. Earning a typical 7.5% pa would be a compounded gain of $12,600 in 2 years. Subtract that from the Fiesta annual running cost of $5956.80 and you have an average annual nett GAIN of.... +$343 per year!
Good point!
I blew a similar amount on my Touareg V8 (similar enough). Spent $1,450 on a full timing belt job, $1,000 on an oil pan (drain bolt threads stripped), $900 for a driveshaft support bearing, $600 for a flex pipe, $400 to fix the headlights, $100 to replace the blower motor, and $1,000 for tires
ouch
Who did you purchase an after market warranty with?
Fiesta cost to own is 30+% per year of its cost brand new. Thats expensice af. Porche is only 20% of its cost
So it cost 3 quarters of 26 grand to own this for 2 years? I don't think so.
Uhh no. 3/4 of 26 is 19.5
Excellent break down. Q: would you buy it again?
Probably not. But I already have the car, have taken the depreciation hit and paid for repairs, so I wouldn't recover much. However, I love the Cayenne overall. It just turned out to be more money that I expected. I think I can get at least 5 more years of enjoyment. Not many SUVs can do it all like the Cayenne.
Did you calculate how much same parts would been for example in some other car like Lexus RX? IF you can check it you could see was it really so much more expensive?
In 2006 a colleague payed 50000 for a cayenne a year later offered to sell to me for 20000 nice suv at the time but heavy running costs what happened porche
Its a Porsche, you pay for the premium, but its a solid fast SUV
You could buy a low mileage Renault Clio GT-line tce 2012' for under 15k miles. I've owned the car for two years and I have only had to pay towards two passed M.O.T's, new oil changes and air filters. And that is it. A total cost of £210.00 to run this car.
You only buy a car from new if you plan to keep it for 7 years or more. You never buy a high-end used car with high mileage. It's money down the drain.
I have my own business and invest my monies into Real Estate. All cars are money pits, if you want an expensive car, get business cover, insurance and a business lease contract for 12 months, with maintenance warranty covered.
You only pay for the difference in depreciation from the new price of the vehicle minus the actual value worth after 12 months. Most business owners I know and some millionaires also never own the car, only lease it out for 1 or 2 years max. Then you get the next latest model the year after.
Hey there CF, love your videos, subscriber and thumbs up on all your videos I've watched. I like the very organized detailed vehicle videos, there is no guessing around and further research since you go into very good detail on parts, tool sizes, materials needed to get the job done. I'm looking to purchase a 2009 Cayenne S at 68k miles and heard you mention good things about CarChex, what would you recommend the extended warranty plan for this vehicle? Thanks in advance!
I would but have to caveat that Carchex uses different warranty providers. You just need to read to fine print to see what is covered. Hope this helps and thanks for your support!
@@CarFanatic Thank you very much for the speedy response CF, it was appreciated! I talked to my Independent Porsche shop owner (I'm currently Cayman S owner) about purchasing the extended warranty because I was really worried about the rear cooling tubes below the intake manifold rupturing without any warning and trashing the engine. He assured me the newer hoses will not instantly rupture, the warnings signs will be antifreeze fluid leaks first. He told me from his experience they don't like to pay with the excuses of pre-existing condition, manufacture MX services not performed, and driver carelessness. On your CarChex extended warranty, did they know of your Car Fanatic RUclips channel?
I enjoyed all your meticulously detailed professional college level taught videos, keep up the excellence! Thank you
Can someone tell me what oil would be the best for the Porsche Cayenne GTS please
Mobil 1 0w-40 is the standard fill. If you live in moderate climate, I recommend that. Check out my oil change video for instructions.
Hey bro. U want to buy a cheaper cayenne but cost more maintenance. Or you buy a newer used cayenne and pay less maintenance fee??? I guess the same. But mean point is how you really love cayenne bro
The gas is by far the most painful part of owning these things. I wish i could get 15mpg my GTS is low 14s.
I avg 15mpg. But I drive slow and like a grandma and I have a V6 Cayenne.
Really, my dads turbo does an avg of 22
@@POTUSgames what year?
Mike Turco 2018
@@POTUSgames ah that makes sense. The older ones have ancient transmissions and gearing.
I have owned a Porsche Cayenne for the past 3 years and in the last 2 years I have spent $6,000 on repairs and in the last 10 months alone I have spent $3,000.
Would you still recommend buying a 2011 cayenne s? I found one for $21k
My question is I have a Jeep SRT and it's not the most reliable but it's not as bad as that Porsche. Would you get a Jeep SRT instead?
Probably not. The Porsche Cayenne is a better handling SUV and also hasn't given me too much trouble during my portion of ownership. I like the overall build quality as well.
Where did you purchase your warrenty?
Welcome to American Auto ownership ... if it wasn't for America there would never have been a need for the Cayenne... figure the costs of a Toyota or Lexas or OMG an Infiniti ( their electrical problems are a nightmare) the most important factor is life ... which car would u want protecting you a Cayenne or Fiesta ... You have a beautiful car and obviously take care of it ... it's all relative.
Doesn't make sense why you would spend this much. So obviously the car had issues.
Thank you
Man, I thought Porsches were reliable.... Makes me think twice about buying non-CPO without warranty... (your warranty wasn't CPO right?)
Nope, Carchex. Cayenne is a high maintenance pig!
Whats the difference with both types of warrantys?
Is there a website who sell a Porsche Cayenne cheap?
You can check Craiglist or bring a trailer.
Wow! That's the maintenance cost for a Toyota with 300K miles on it. I hope you enjoy fancy German car.
I took my to the Porsche dealership get an oil change just the oil change cost me $$567.00
what a maintenance headache
Please share the warranty provider link/name?
Carchex, under written by The Warranty Group. However, they don't seem to cover the Cayenne anymore. Probably because of me lol