Porsche 955/957 Cayenne

The first-generation Porsche Cayenne was a massive departure for the brand, but its commercial success provided the financial stability for cars like the Carrera GT and 997 GT3. The 955 (2003-2006) established the formula, offering a V6, a 4.5L V8 S, and a twin-turbo V8 with 450 horsepower. Porsche updated the platform with the 957 for 2008, introducing direct injection, more power, and refreshed styling. The GTS model, with its 405 horsepower naturally aspirated V8 and available 6-speed manual, is a particular favorite among enthusiasts.

Today, the 955 and 957 Cayenne have reached the bottom of their depreciation curve, making them a tempting performance bargain. With an average sale price around $13,000, it's possible to get Turbo performance for the price of a used hatchback. However, buyers are wary of the famously high running costs and specific mechanical issues that can quickly erase any initial savings. The market favors well-documented, meticulously maintained examples, especially the Turbo S and manual GTS models, which command a significant premium over base and S versions.

Prices range from under $500 for project cars to $44,000 for well-preserved, low-mileage Turbo and GTS models.