black on black car. $95k msrp. is that a good price and have these thing depreciated that much ?
It's out of warranty soon, if it isn't already. So you'll have the most outrageous maintenance costs of any SUV... If you can get it certified pre-owned through Porsche, then it sounds like a good deal. Porsche just revised the Cayennes this year - that might also be having some effect on resale for the first ones. Premium fuel is pushing $3.60/gal in CA, which probably doesn't help resale either.
You should be able to get it for under $50K, Cayenne TT's are everywhere and they are very soft. Mannheim has them being sold in the mid $40's right now.
I have heard they are like any german car. Take good care of them, and problems will be rare, miss a single thing on a scheduled checkup and things start to add up quickly. Otherwise, some electrical gremlins, but most of those got sorted out in 03'. I think you can get that one under 50k though, however if its CPO it may be worth it.