Porsche – Selling New for Used

Following Volkswagen’s 2015 Dieselgate scandal, Audi and Porsche were both effected also. Porsche had 10,000 Diesel Cayennes that were customer owned with an additional 1,100-1,500 still on dealership lots. Now that there has been a settlement, Porsche has decided what they are going to do with the 1,500 Cayennes sitting on the lots.

Porsche still plans to sell those Cayennes sitting on those dealership lots – at a discounted rate. Porsche will be selling the diesel Cayenne, with a 3.0 liter TDi V6 motor, as a used vehicle after  they have figured out how they are going to fix the emissions problem. Volkswagen reached an agreement with US regulators on how to handle the fix in order to make it emissions compliant, but the details are still being ironed out in the courts. Once the fix is approved, Porsche plans on making the necessary adjustments to all the diesel models both in customer possession and dealer inventory.

This is where the customers win. You get a brand new Porsche Cayenne with very low miles and has great gas mileage, getting 29 mpg on the highway. The Cayenne is priced currently in the ballpark of $62,000, but the settlement discount should severely lower that price. At the Los Angeles Auto Show, Porsche Cars North America CEO Klaus Zellmer said this on the issue.

“Then they’re going to be sold as used cars... They will be low-mileage, very attractive used cars, based on the age of the car. There’s always a market for any car. You just have to get the price right.”

As of now, there is no word on how the supposed fix will impact the performance of the diesel models, but a discounted Cayenne TDI is good news for Porsche fan. Until then check out our current inventory of Porsches and contact us now to test drive your new Porsche.