I think 2022 will be a shit show also. I'm seeing 2019-2021 cars selling 10-40k over list still (depending on the model). Certain cars from 2016 are selling for what they sold for, even with 20-30k miles. I have family working for the biggest dealer in the country telling me NOT to get a car right now. I'm taking my Porsche money and putting it in the market instead, I'm liking the price targets for the likes of Nvidia and Marvell.
We got punched in the face the last month of 2021. My daughter totaled her car coming home from college for Thanksgiving (damn Merritt Parkway) and then my wive's RRS was stolen on Christmas Eve (multiple levels of frustration on that event).
We found a replacement for my daughter pretty straight forward enough. We drove to the NY/CT border and it was no haggle, no deposit deal that I paid way more than I wanted but has very low miles, is a great looking vehicle and has a warranty for another 5 years.
Looking for my wife's replacement I've found exactly what you posted CB. There is a local 2019 Porsche Cayenne and it's only a few thousand from it's original sticker price (and probably what it sold for) and has 40k miles on it. CPO Nu-Defenders are going for crazy prices for something that I feel should be $50k for a lightly optioned one (they are close to double that price). I noticed looking for a replacement for my daughter's car that used Toyota 4 Runners are well into the $50k prices - I know they are mechanically bullet proof but they haven't had an update a decade.
And the kick to the gut is I need to trade in the 997.1 911S I got last March for my 50th and the trade in values are much less than what I paid for it. Ugh. Not sure if it's because it's a cabriolet and it's January or I paid too much. I could sell the 911 on BAT but the work and loss of tax difference doesn't seem worth it.