Porsche said on Wednesday it would offer a cheaper version of its Cayenne luxury sports utility vehicle with a V6 engine later this year, Dow Jones reported. The V6 version is priced from €47,592, more than €13,000 cheaper than the Cayenne S V8 version. The top line Cayenne Turbo is priced at €99,876 - more than double the new six-cylinder version, the report said, adding that the new model will hit European showrooms at the end of November and will go to the US in the first half of 2004.