NOT!
Following Mercedes-Benz lead Porsche is RAISING prices on the Cayenne beginning June 1st.
New Prices for the Porsche Cayenne Models
Source: Porsche AG
For the Cayenne, Cayenne S and Cayenne Turbo models, Dr. Ing. h.c. F. Porsche AG, Stuttgart is adjusting its prices worldwide. From June, the six-cylinder Cayenne model costs 2.9% more in Germany, the price for the eight-cylinder Cayenne S and Cayenne Turbo models are to be 1.9% higher. At the same time, Porsche is further upgrading the standard fittings of its sporting off-road vehicles.
In the important USA market, the Cayenne price is being raised by 2.8%. With the Cayenne S there is a 0.7% increase, for the Cayenne Turbo 0.4%.
In addition to numerous changes in detail, all Cayenne models will have electric closing for the tailgate. The optical identifier of the new Cayenne and Cayenne S models are the front and tail parts as well as the side sill panels with the under sills being painted in the car color.
Prices for the Porsche sports cars remain unchanged.
Cayenne prices from 1 June 2004:
Germany
Cayenne EUR 42,100 (basic euro price)
EUR 48,984 (incl. 16% sales tax and specific country requirements)
Cayenne S EUR 52,900 (basic euro price)
EUR 61,512 (incl. 16% sales tax and specific country requirements)
Cayenne Turbo EUR 87,700 (basic euro price)
EUR 101,880 (incl. 16% sales tax and specific country requirements)
USA (without taxes)
Cayenne USD 41,100 (6-gear)
USD 44,100 (Tiptronic S)
Cayenne S USD 56,300
Cayenne Turbo USD 89,300