The Most Affordable Versatile Sports Car Available Today

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By Car Brand Experts

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In 2024, nearly every automaker is entering the performance SUV segment, including luxury brands like Rolls-Royce, Bentley, and even Aston Martin with its DBX. However, many of these vehicles come with a hefty price tag exceeding $200,000, making them unaffordable for most consumers.

The good news is that there are affordable used performance SUVs available, making it possible for budget-conscious buyers to find a great deal. CarBuzz has set out to uncover the most economical model on the used market for 2024, though we must caution you about the fuel expenses that accompany such vehicles.

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The 2003 Porsche Cayenne S: A Performance Bargain

2003 porsche cayenne s
Porsche

2003 Porsche Cayenne S

Engine

4.5-liter V8

Power

340 hp

Torque

309 lb-ft

KBB Used Value

$4,168

Currently, the most affordable performance SUV is the powerful Porsche Cayenne, a vehicle that many consider to be pivotal in saving the Porsche brand. While the Boxster played its part in keeping the company afloat in the late 1990s, it was the foresight to enter the SUV market that truly set the stage for Porsche’s resurgence.

Porsche was among the pioneers in launching a performance SUV, and its success has been remarkable. Originally aiming to sell around 25,000 units annually, the brand exceeded expectations by selling close to 35,000, generating significant profits that contributed to its status as a performance leader today.

Although the Cayenne might not be regarded as the most aesthetically pleasing vehicle, its robust design resembles a more powerful version of the 911. What makes it appealing to many enthusiasts is its seamless blend of performance, luxury, and off-road capability. Gratefully for used buyers, depreciation has made the Cayenne an affordable option in the used market.

For those seeking a more dynamic driving experience, the sportier S and Turbo versions of the Cayenne are available. The 2003 Cayenne S models start at about $4,168, according to Kelley Blue Book, making it the easiest performance SUV to acquire for a fraction of the cost in 2024.

The Cayenne S Offers Impressive Performance

While the base model features a 3.2-liter VR6 engine, the S and Turbo come equipped with robust 4.5-liter V8 engines, with the Turbo benefiting from a turbocharger. Focusing on the S, even without forced induction, its V8 produces a satisfying 340 hp and 309 lb-ft of torque.

Despite its nearly 5,000-pound weight, this power propels the Cayenne from 0 to 60 mph in just 6.8 seconds with a six-speed manual transmission, while the six-speed Tiptronic automatic can achieve it in 7.2 seconds. This performance is supported by its four-wheel-drive system, which provides excellent traction.

Not only is the Cayenne S quick in a straight line, but it also boasts an advanced independent suspension setup, and its large vented aluminum disc brakes enable it to stop on a dime. For a smoother ride and improved performance both on and off the road, air suspension is available as an optional feature.

Built for Versatility: On and Off the Road

In contrast to many SUVs that claim off-road capability, the Cayenne is equipped to genuinely handle rugged conditions. The manufacturer developed cutting-edge electronic systems, including Porsche Traction Management (PTM) and Porsche Stability Management (PSM). PTM utilizes the Cayenne’s differential locks and low-range gears to navigate challenging terrains.

This system manages power and braking across all four wheels, allowing it to tackle diverse conditions more effectively, which sets it apart from traditional all-wheel-drive systems. And for those fortunate enough to find a model with air suspension, they can elevate the vehicle’s ground clearance by 2.2 inches.

PSM works in conjunction with the ABS system to maintain the driver’s intended direction, further enhancing the Cayenne’s off-road capabilities. Finding one with the Advanced Off-Road Pack adds features like improved traction systems and fortified protection for the engine and fuel tank.

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Besides its incredible on- and off-road capabilities, the Cayenne also functions well as a luxury vehicle. Its interior features luxurious leather and wood accents that ensure comfort and support for all passengers. However, technology lovers should take note of the additional features available in every S model.

Porsche has provided numerous optional luxuries for the S model, with standard amenities including dual-zone climate control, a CD player, power windows, and cruise control. However, options such as heated seats and a navigation system are available, along with a potentially problematic panoramic sunroof.

As Cayenne S models are increasingly affordable, well-equipped versions can now be found for under $10,000 if you’re willing to shop around. Furthermore, Porsche supports its older models with modern infotainment upgrades available for the first-generation Cayenne directly from the manufacturer.

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The first-generation Cayman is also included.

The Mercedes ML55: Another Attractive Performance SUV

2000 Mercedes-Benz ML 55 AMG

Engine

5.5-liter V8

Power

342 hp

Torque

376 lb-ft

KBB Used Value

$4,855

For those who find the Cayenne less appealing, an affordable alternative is the 2000 Mercedes-Benz ML 55 AMG, which can be purchased for under $5,000. This SUV comes equipped with a powerful 5.5-liter V8 engine producing 342 hp and 376 lb-ft of torque.

This performance allows the ML 55 AMG to accelerate from 0 to 60 mph in a swift 6.4 seconds. Similar to the Cayenne S, the ML 55 AMG features a sophisticated 4WD system that includes an off-road downhill mode to ensure stability on steep inclines. Furthermore, it boasts a fully independent suspension system that is electronically adjustable to tackle various driving conditions.

Technology enthusiasts will appreciate the included standard features, which surpass those of the Cayenne S. The ML 55 AMG is equipped with a nine-speaker Bose sound system, a five-inch LCD screen for navigation, automatic climate control, and heated sports seats.

In terms of aesthetics, the ML 55 AMG presents a more aggressive design compared to the standard ML models, highlighting its sporty stance with larger AMG wheels and wider fenders. Both the Cayenne and ML 55 AMG demonstrate that it’s possible to enjoy a comfortable and capable performance SUV without breaking the bank.

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The ML 55 AMG showcases a more assertive design compared to its non-AMG counterparts, featuring larger AMG wheels and wider fenders to emphasize its sporty nature. Regardless of which model resonates with you, both the Cayenne and the ML 55 AMG prove that a luxurious and capable performance SUV doesn’t have to come with a hefty price tag.

Sources:

Porsche, Kelley Blue Book, Mercedes-Benz, Bring a Trailer

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