Summary

• With 200 currently listed for sale near Chicago, IL and an average price of $65,491.00, 24.0% of 2023 Porsche Cayennes for sale on CarGurus are rated as good or great deals.

• Favorably reviewed: Owners rated the 2023 Porsche Cayenne 5 / 5 stars.

• 88.5% of 2023 Cayenne models on CarGurus are accident free.

Why it stands out

The 2023 Porsche Cayenne stands out as a sporty luxury SUV that blends strong performance with a refined interior and sturdy construction. It sits in the third generation, which was described as more of an evolution than a typical redesign, with bodywork that was restyled but still familiar enough that it took a keen eye to tell the difference between old and new. For 2023 specifically, there were no significant changes, so the appeal comes from the Cayenne’s established formula rather than a fresh update.

What makes the 2023 model especially distinctive is how much performance it offers even in its base form. The base Cayenne used a 3.0-liter turbocharged V6 with 335 horsepower and 332 pound-feet of torque, while the Cayenne S stepped up to a twin-turbo 2.9-liter V6 with 434 horsepower and 406 lb-ft of torque. An eight-speed automatic was the only transmission offered, and all-wheel drive was standard. The lineup also included the GTS and Turbo models in this generation, and the broader Cayenne family was noted for being more powerful, efficient, and advanced than its predecessors.

Buyers should also know that the Cayenne is not a bargain SUV. It was described as expensive with few standard features, and maintenance was called pricey. Cargo capacity was also listed as a drawback. Even so, the 2023 Cayenne remains appealing because it delivers the kind of performance and polish associated with Porsche, while also benefiting from a reputation for relatively few recalls and strong overall reliability in the luxury SUV class.

Other model years to consider

• 2020 Porsche Cayenne

  • Average price: $33,378.00
  • Good/great deal percentage: 33.3%
  • User rating: 5 / 5
  • Total listings: 162

• 2018 Porsche Cayenne

  • Average price: $21,507.00
  • Good/great deal percentage: 30.5%
  • User rating: 5 / 5
  • Total listings: 131

• 2021 Porsche Cayenne

  • Average price: $51,383.00
  • Good/great deal percentage: 32.3%
  • User rating: 5 / 5
  • Total listings: 127

This analysis is based on CarGurus' proprietary market data from August 6, 2026, CarGurus experts' opinions, and generative AI.