The median 2008 Cayenne in the Canadian market lands at $12,944. That's your anchor. If a seller is asking well above it, they need a reason, and a clean service history on a first-gen Cayenne is a real one.
Most of these cars sit between $10,147 and $18,600. That's a wide spread for a single model year, and it tells you condition is doing most of the pricing work here. A tidy example near the top of the range and a higher-mileage runner near the bottom can be the same car on paper.
What the numbers say about paying up
Median mileage is 183,500 km, so you're shopping a car with real distance on it. At that odometer reading, the $12,944 middle price already bakes in the wear. Paying toward $18,600 only makes sense if the extra money buys you documented maintenance and a car that reads younger than its kilometres.
My read: treat anything under $10,147 as a car that wants a thorough pre-purchase inspection before you get excited. On a vehicle this age with this mileage, a cheap asking price usually points to deferred work you'll inherit. Budget for it either way.
Numbers reflect live listings across Canada over the last 90 days, filtered for outliers. Data as of . Prices in CAD.