The Cheapest Porsches (and Where to Find Them)

Find Ferdinand's favorite luxury vehicles without breaking the bank.
Written by Max Werner
Reviewed by Jessica Barrett
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True German-engineered luxury is more affordable than you think. Some of the cheapest, most fun-to-drive Porsches on the market include the 2022 718 Cayman, 2010 Panamera 4S, and the 1999 911 Carrera.
Porsches are about as timeless as luxury vehicles come. They also come at staggeringly high starting costs—the brand’s 2022 lineup retails between $60,500 and $263,900. But if you’re a Porsche fan, we’ve got great news. With a little ingenuity, you can own a roaring Porsche vehicle without creating a screaming wallet.
Looking for Porsche power without paying Porsche price? The
car insurance
experts at
Jerry
, have your back. Your affordable dream car is closer than you think! And if you do land one of these beauties? We can help you save on your
Porsche insurance costs
!
Let’s run down the options.
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Cheapest Porsches: 2022 Lineup

2022 Porsche 718 Cayman

Powertrain: 300-hp, turbo 2.0-liter four-cylinder
Price: $61,850
You get what you pay for. And what you get with the 2022 Porsche 718
Cayman
is pure joy.
This entry-level Porsche combines the aggressive mid-engine feel of a Boxster with the handling of a turbo-charged rocketship. Sure, it’s more expensive than a
Corvette
or
Supra
—but enthusiasts say it drives better than either and anything else in its price range. No wonder this modern classic earned a 10/10 rating from Car and Driver.
  • Pros: Nimble is an understatement, unmatched mid-engine balance
  • Cons: Not the Porsche engine sound you're used to, lack of small storage (e.g., abysmal cup-holders)

2022 Porsche Cayenne

Powertrain: 355-hp turbo V6
Price: $70,350
High-class comfort meets the ultimate in control. The 2022
Porsche Cayenne
is a jaw-droppingly powerful SUV—think 7,000 lbs of towing capacity—with the same best-in-class handling as its smaller siblings.
Rated a 9.5 out of 10 by Car and Driver, it is undeniably fun to drive. Of course, you’d expect nothing less from the $70,350 starting price tag. Cayennes also last. They’re extremely popular across used car marketplaces because the average Cayenne lasts between 200,000 and 250,000 miles
With the 2022 edition, you’re paying extra for the best engine and latest (greatest) technical gizmos—a 12.3-inch mid-mounted touchscreen, onboard wifi, and rotary control come standard.
  • Pros: Roomy cabin with loads to personalize, best-in-class steering
  • Cons: Pushes entry-level affordability, costly upgrades

Cheapest Porsches: 2005 to 2020

2010 Porsche Panamera 4S

Powertrain: 400-hp, 4.8-liter V8
Fair market value: $13,906 to $27,362
The 2010
Panamera 4S
is a suped-up version of Porsche’s second-generation speed-sedan. Yes, we know calling the Panamera a sedan is the understatement of the century, but you can’t blame us. The Panamera 4S is one of a few 400-hp, four-door vehicles on the road today—and it’s easy to find for a reasonable price.
  • Pros: Unmatched four-door driving, comfort for the whole crew
  • Cons: Strange stylings, pricey options

2006 Porsche Boxster

Powertrain: 240-hp, 2.7-liter flat V6
Fair market value: $6,757 to $17,285
Small, mean, and exquisite to drive, the 2006
Boxster
is a great choice for any Porsche enthusiast looking to save some cash—although unfortunately, that cash will come in handy for maintenance the Boxster will eventually need. This 240-hp V6 engine sports car is a lot like an English Bulldog. It may look mean from a distance, but it’s hard not to love after taking it for a run around the block.
  • Pros: Great cargo, jaw-dropping performance
  • Cons: Expensive upgrades, busy interior

Cheapest Porsches: 2005 and older

1987 Porsche 924 S 

Powertrain: 158-hp, 2.5-liter four-cylinder
Fair market value: $7,175 to $12,350
She is power, she is grace, she will beat you in nearly every race. 
Whether you choose to gender your 1987 Porsche 924 S or not, one thing is for sure: This car is a classic. A remnant of its time, the 924 screams 80s performance in every aspect—from the pop-up headlights to the low-down design.
The 1987 Porsche 924 S’ water-cooled engine, though, was certainly ahead of its time. This was the first Porsche to feature this type of engine—making it great for water cooler talks. Hey, want to see my hydrogen-cooled Porsche upfront? Fancy. The only problem is the frequent repairs you’ll encounter along the road.
  • Pros: Cheap, lighter frame, great turning
  • Cons: Maintenance is a must, less power

1999 Porsche 911 Carrera

Powertrain: 296-hp, 3.4-liter V6
Fair market value: $6,379 to $19,390
The 1999
Porsche 911 Carrera
is your standard daily driver: Good mileage, reasonable handling, and the power of 296 horses. You know, normal things.
If you're a Porsche fan, you probably understand the allure of the 911. These suped-up sports cars are akin to the bad-boy of the Porsche family—the one who drives fast and never has time to write you a postcard. What’s not to love? 
Seriously, 1999 was great for the 911 Carrera, Porsche’s best sports car. The water-cooled engine, distinct styling, and best-in-class handling are just a few cherries on top.
  • Pros: Exquisite reliability with fine-tuned handling, brakes, and suspension
  • Cons: AWD is expensive, beyond-basic shape

Where to buy an affordable Porsche

Though we can dream, affordable Porsches don’t grow on trees. They’re assembled in factories across the world, driven thousands of miles across the countryside, and scattered about the country. Here are the best places to buy an affordable Porsche.
Retailer
Description
Dealership
If you’ve purchased a car before, the dealership might seem like the best place to go—but this isn’t always the case. While dealerships offer a wide selection of used, affordable Porsches, they usually charge a high premium. One benefit to this method, though, is the reliable maintenance you can get from a dealership auto shop after the initial purchase.
Online retailer
Online retailers make shopping for a car as easy as swiping through pictures on your smartphone—kind of like what Jerry does for insurance! Retailers such as Carfax and Carvana are great places to start your Porsche buying journey, but you may find a better deal elsewhere.
Private seller
There are many people selling cars out there, and not all of them are doing it online. If you’re not comfortable with visiting a dealership or shopping online, you can always roll the dice and start searching for what's out there. You might find a great deal. You might not! Remember that your usual protections (verified inspections, easy paperwork, etc.) do not apply to private sales.
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Porsche maintenance costs

Luckily for our wallets, Porsche is one of the most reliable sports car brands on the market. Porsche vehicles rank highly based on overall reliability and consumer reports across multiple online metrics. Of course, reliability isn’t static—it fluctuates based on a vehicle’s model, year, and the driving habits of its previous owner.
The most reliable vehicle mentioned on this list is the 1999 Porsche 911 Carrera. Many 911 Carreras reach 200,000+ miles without any major issues. The least reliable is the 1987 Porsche 924 S—due to its early-generation water cooler engine.

How to find affordable car insurance for your Porsche (or any vehicle)

Porsche’s mission is to create stunning, fun-to-drive, luxury vehicles. At
Jerry
, our mission is to find you luxury
car insurance
at everyday prices.
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That depends—if you’re looking for a quick, easy transaction, explore local dealerships or online retailers. If not, you can always call around and see what private sellers are out there.
The highest resale value
Porsche
is, undoubtedly, the 911. A 2022 Porsche 911 only depreciates an estimated 15% over the first five years. Early models are equally reliable.
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