Taycan 4S Pricing and Residuals

[atl]

Newby to the 4S and trying to confirm value and potential residual, which is tricky with what has been going on in recent times.

I am looking at a 4S, low mileage (8,000 miles) Dec 2020. Fully loaded with £22,000 options. Back in 2020 the base 4S was £84,000 giving a purchase price of around £106,000. I think currently at a dealer this is probably worth £90,000+/ private £85,000+. This makes about 15% depreciation in two years. I have seen mention of 30% depreciation over 3 years for the Taycan for 36,000 miles to be the 'norm'. Prices have already come down significantly from their highs, in the last 4-6 weeks.

However, given that its currently around 15% depreciation – does this mean that used prices still have some way to go to return to normality, maybe early 2023?

What is a fair price for a private purchase now and the best guess as to what its likely to be worth in 12 months time with 18,000 miles?

Many thanks for any pointers

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[W1NGE]

Newby to the 4S and trying to confirm value and potential residual, which is tricky with what has been going on in recent times.

I am looking at a 4S, low mileage (8,000 miles) Dec 2020. Fully loaded with £22,000 options. Back in 2020 the base 4S was £84,000 giving a purchase price of around £106,000. I think currently at a dealer this is probably worth £90,000+/ private £85,000+. This makes about 15% depreciation in two years. I have seen mention of 30% depreciation over 3 years for the Taycan for 36,000 miles to be the 'norm'. Prices have already come down significantly from their highs, in the last 4-6 weeks.

However, given that its currently around 15% depreciation – does this mean that used prices still have some way to go to return to normality, maybe early 2023?

What is a fair price for a private purchase now and the best guess as to what its likely to be worth in 12 months time with 18,000 miles?

Many thanks for any pointers

Budget on £10K per annum depreciation based on 8K to 10K miles per annum.

18k miles is high for one year so £10K - £15K depreciation should be your budget.

 

[Midlifecrisis]

Where are you looking at it? My impression is that the dealers can get a lot more than a private sale price. Factor in that from a dealer you would get a 2 year warranty. I think a dealer might try £95k for the car you are looking at. Bear in mind also that a heavily specced car might drop a bit quicker.

 

[Rob70]

Newby to the 4S and trying to confirm value and potential residual, which is tricky with what has been going on in recent times.

I am looking at a 4S, low mileage (8,000 miles) Dec 2020. Fully loaded with £22,000 options. Back in 2020 the base 4S was £84,000 giving a purchase price of around £106,000. I think currently at a dealer this is probably worth £90,000+/ private £85,000+. This makes about 15% depreciation in two years. I have seen mention of 30% depreciation over 3 years for the Taycan for 36,000 miles to be the 'norm'. Prices have already come down significantly from their highs, in the last 4-6 weeks.

However, given that its currently around 15% depreciation – does this mean that used prices still have some way to go to return to normality, maybe early 2023?

What is a fair price for a private purchase now and the best guess as to what its likely to be worth in 12 months time with 18,000 miles?

Many thanks for any pointers

Hi, I bought a 4s new at £106k and sold first November to a specialist dealer for £88k with 20k on the clock.
They advertised the car at £94k and it sold within 3 weeks.
Hope that helps.

 

[David Baldwino]

Oct 21 CT4S Turismo, 13k miles, £104.5k new been offered 90 - 92k by 2 x dealers and 94-97 sale or return by selling dealer - as of today's date. Prices have just dipped and will level out at 10% average by end of 2023.... is the word of buyers, both porsche and specialists. Factor in the 130% corp tax incentives, no road tax, 2% P11D = cheap wheels. Not so much for private peeps. Porsche charge card saves loads £££ on Ionity charging....31-33p vs 79p/kwh without card, Europe wide also......it cost me £204 to spain and back for 2470 miles wow! Bus pass money. Roll on GTS Turismo in March.

 

[Fish Fingers]

Oct 21 CT4S Turismo, 13k miles, £104.5k new been offered 90 - 92k by 2 x dealers and 94-97 sale or return by selling dealer - as of today's date. Prices have just dipped and will level out at 10% average by end of 2023.... is the word of buyers, both porsche and specialists. Factor in the 130% corp tax incentives, no road tax, 2% P11D = cheap wheels. Not so much for private peeps. Porsche charge card saves loads £££ on Ionity charging....31-33p vs 79p/kwh without card, Europe wide also......it cost me £204 to spain and back for 2470 miles wow! Bus pass money. Roll on GTS Turismo in March.

Sorry,just to confirm. 10% pa by end 2023?

 

[TaycanHero]

Oct 21 CT4S Turismo, 13k miles, £104.5k new been offered 90 - 92k by 2 x dealers and 94-97 sale or return by selling dealer - as of today's date. Prices have just dipped and will level out at 10% average by end of 2023.... is the word of buyers, both porsche and specialists. Factor in the 130% corp tax incentives, no road tax, 2% P11D = cheap wheels. Not so much for private peeps. Porsche charge card saves loads £££ on Ionity charging....31-33p vs 79p/kwh without card, Europe wide also......it cost me £204 to spain and back for 2470 miles wow! Bus pass money. Roll on GTS Turismo in March.

How did you find parking such a large car in European countries where multistory car parks are usually very tight?

What about narrow roads?

That would give me some anxiety, where it is bad enough in a small saloon/SUV.

Cheers

 

[David Baldwino]

Yes. but more at the mo due to silly high prices mid last year, now the BIG dip then a level off July onwards ....still 18 - 20 month wait for a 4S min and demand remains high. It will average 10%pa moving forward. Turbo S and Turbo's hit worse obvs. The RWD may make more sense! / less £ loss and more range.

 

[OJC]

Oct 21 CT4S Turismo, 13k miles, £104.5k new been offered 90 - 92k by 2 x dealers and 94-97 sale or return by selling dealer - as of today's date. Prices have just dipped and will level out at 10% average by end of 2023.... is the word of buyers, both porsche and specialists. Factor in the 130% corp tax incentives, no road tax, 2% P11D = cheap wheels. Not so much for private peeps. Porsche charge card saves loads £££ on Ionity charging....31-33p vs 79p/kwh without card, Europe wide also......it cost me £204 to spain and back for 2470 miles wow! Bus pass money. Roll on GTS Turismo in March.

Evening David, the numbers you’re quoting match my experience. We’re looking to sell our 4S CT. Do you mind me asking which dealers offered to purchase? My local were only interested in SOR.

 

[Fish Fingers]

Yes. but more at the mo due to silly high prices mid last year, now the BIG dip then a level off July onwards ....still 18 - 20 month wait for a 4S min and demand remains high. It will average 10%pa moving forward. Turbo S and Turbo's hit worse obvs. The RWD may make more sense! / less £ loss and more range.

I always used to assume any car worth over 50% over 3 years (12k miles pa) did well for me.

Some did better, some did worse, but most usually retained between 40%-60%.

30% loss over 3 years on a Taycan would be very good. Especially when it's been so cheap to own.

 

[W1NGE]

How did you find parking such a large car in European countries where multistory car parks are usually very tight?

What about narrow roads?

That would give me some anxiety, where it is bad enough in a small saloon/SUV.

Cheers

No longer or wider really than a Panamera or S-Class.- plenty of those in Europe.

 

[Midlifecrisis]

Yes. but more at the mo due to silly high prices mid last year, now the BIG dip then a level off July onwards ....still 18 - 20 month wait for a 4S min and demand remains high. It will average 10%pa moving forward. Turbo S and Turbo's hit worse obvs. The RWD may make more sense! / less £ loss and more range.

Although Turbo and Turbo S might do worse, I suspect it will depend on Spec. The Turbo has something like £15k of extras that you may well choose to spec on a 4S and extras depreciate faster. So a lightly specced Turbo may well have a similar spec to a much more heavily specced 4S. Overall depreciation might not be much different.

 

[Hanny]

Agree with W1nge, currently have a Model X, not far off same as Taycan, maybe a wee bit bigger, no dramas in EU. Infact some Cornish lanes are probably more restrictive than most.

As for depreciation- thats a tough one as there are so many factors that are currently changing right now on a daily/weekly basis due to wait times, parts shortage, order cancellations etc. am thinking that the next contributing factor will be when the market starts seeing an increase of ex-lease start appear in numbers at their 3rd year anniversary!

 

[Throb]

How did you find parking such a large car in European countries where multistory car parks are usually very tight?

Having lived in the NL for 22 years, and travelled extensively in many European countries, I can't say I've ever thought multi-story car parks were any tighter than those found in the UK. If anything, I find car parks on the continent to be excellent. Spacious, modern and cheaper on average than those in the UK.

 

[TaycanHero]

Cheers for the responses to my q - all very insightful. I've navigated car parks mainly on the European islands, mainland I suppose there is more space.

Good to hear the Taycan is nimble enough despite being reasonably large.

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