Depreciation of the 2025 Taycan

[Mr.Smith]

....I suppose that depends on how much increased range is to you....and also a willingness to own a car that is still (even with improvements) FAR below Porsche in terms of interior fit and finish and....OH YEAH...driving experience!

Don't get me wrong- I am not anti-Tesla (I have owned three and loved them all) but there is no comparison to the driving experience and interior quality of the Taycan.

Problem is that Model 3s drop 20% when out of the warranty, and even more when the battery warranty is done.
Because it's $10k for a refurbished battery to $15k for a new battery.
Used Model 3s out of battery warranty are $12-$13k.
Wholesale prices are facts, not FUD.

Dealers dictate the used market. They don't understand FUD or even read what "big oil" is saying. They look at the Dollars and cents

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[Jonathan S.]

Plus there's this factor, as posted at a different EV model forum:

"I am getting my Macan Turbo in September. Will let you know if it as a "real" Porsche."​

Reply from a different poster:

Well, you can run the Official Porsche (R) "Is It A Real Porsche?" (R) diagnostic questionnaire now...​

​

Question 1:​

Does it have exactly two doors?​

​

Yes​

No​

​

Question 2:​

Does the 17-character VIN begin with WP0?​

​

Give yourself 1 point for each yes answer.​

​

Any score less than 2 means the car is NOT a real Porsche.​

 

[whitex]

I have buddies with very old Teslas and they are still tickled pick by their EVs.

This is probably not the best example. Tesla is very unique in that they update all their cars, even old ones, to the most recent UI and set of features. I can guarantee you a 10 year old Taycan will not be running software UI and have features from recent models.

 

[WasserGKuehlt]

I can guarantee you a 10 year old Taycan will not be running software UI and have features from recent models.

Probably a good thing. I wouldn’t want my 20 year old 911 run the UI and features of the new model; it’d look horrible on a tiny LCD display. ?

 

[whitex]

Probably a good thing. I wouldn’t want my 20 year old 911 run the UI and features of the new model; it’d look horrible on a tiny LCD display. ?

I never said whether it's a good or a bad thing, only that it's not representative of long term ownership experience of non-Tesla EV drivers.

EDIT> Tesla also offers upgraded hardware retrofits for older cars, something equivalent to Porsche offering the latest PCM or other ECU's. You can take a 2012 Model S, and put in a 2020 infotainment into it for example (2021 they changed the screen orientation so no longer could offer retrofits). All this is why it's not a typical, traditional auto maker experience. I don't see Porsche offering a push-to-pass feature for gen1 Taycans, or the new suspension, or the more powerful motors, or even the privacy passenger screen to enable movie playback for front passenger.

 

[Fish Fingers]

Straying slightly off topic - to Taycan used prices in general.

I have been thinking why used prices have gone from sky high to rock bottom (ignoring covid related bonkers factors) since I got my car in 2021.

My (UK based) conclusion:

When I got mine, I assumed used values would hold up much better than similar ICE vehicles.
It made perfect sense:
low running costs / no road tax / fewer moving parts to go wrong / long battery life / quiet, refined yet fast driving experience / green credentials / ICE cars a dying breed / etc.
What could possibly go wrong?

And how have we got here?

I have it down to these factors:

1. The great tax incentives for business leases to get a car - keep it 2 or 3 years then hand it back and get another new one. Hence oversupply for cars at this price point (particularly Taycan owners who could never normally afford one) ending up in the used lot.

2. Coupled with no incentives for private / used buyers.

3. Problems with Taycans going wrong.

4. Ridiculous repair costs once out of warranty.

5. Public concerns about range anxiety etc - driven by the media.

So, the Govt need to step in and rectify point 1 and 2. Which they obviously won't.
In fact the opposite as they start to tax EVs.

3 seems to be a half hearted 'work in progress'.

And Porsche needs to up its game on used warranty and eye watering spares and repair costs.
But they make enough money selling new cars.

So where does that leave me?
Stuck with a car that's brilliant, but quite worrisome for the future.
A bit like a gorgeous, sex mad girlfriend, who's Mother scares you to death.

And where does that leave ICE Joe public?
Looking at me walking down the road with my gorgeous, high maintenance girlfriend and saying 'yes, but her Mum used to look like that before she got on the Crack my mate in the pub said. Her younger sister is nice though, but I still wouldn't risk it' (back on topic).

 

[whitex]

So, the Govt need to step in and rectify point 1 and 2. Which they obviously won't.

And there is where the biggest problems often stem from - botched government interventions. The incentives in the US are so politicized that they end up doing the opposite to what they officially were supposed to do. Take EV incentives, you'd think meant to incentivize more EV's on the roads, but then politicians try to tailor them with things like "but only if built by workers of the current administration favorite union or from country they like" or "only if you customer makes less than x" (aiming at their voter base) or "only if the car costs less than y", etc, etc. In some cases, the USA EV incentives are actually incentivizing people to buy ICE instead (I did the math myself, I can tell you I bought 2 ICE cars in the last 4 years because of the EV incentives made buying EVs completely non-economical). Same goes for government incentivizing EV charging - after they passed a gazillion dollar subsidy, they sat on it for a couple of years trying to figure out who should be eligible (who pushed up highest kickbacks I'm sure) with the end result being that all major networks stopped all expansion projects because they didn't know if using some DC charger with a Chinese chip might exclude them from receiving massive incentives. So 2 years of zero expansion is that the EV charging infrastructure incentive achieved. Furthermore, they incentivize wrong things, they should be incentivizing energy delivered so that the company cares about uptime, maintenance, etc - instead the company get their incentive for just installing a charger, even if it doesn't work a month later - not much incentive to fix it really, better ROI is in spending the maintenance money on installing yet another new charger in the middle of nowhere.

 

[JimBob]

There is a way to do a controlled test of whether Porsche has learned anything from the Taycan. Has anyone compared the cost to lease of a similarly equipped Macan EV with a Macan ICE ?

Just curious.

 

[WasserGKuehlt]

I never said whether it's a good or a bad thing, only that it's not representative of long term ownership experience of non-Tesla EV drivers.

EDIT> Tesla also offers upgraded hardware retrofits for older cars, something equivalent to Porsche offering the latest PCM or other ECU's. You can take a 2012 Model S, and put in a 2020 infotainment into it for example (2021 they changed the screen orientation so no longer could offer retrofits). All this is why it's not a typical, traditional auto maker experience. I don't see Porsche offering a push-to-pass feature for gen1 Taycans, or the new suspension, or the more powerful motors, or even the privacy passenger screen to enable movie playback for front passenger.

Do you mean like this? PCCM for Classic ?

But i do agree, i don’t see them offering retrofits for the new features. You’ll notice their Classic support (including retrofits) is almost exclusively for 911 models. You can find parts for the 356, and the odd 944. It will be very interesting to see what Porsche will do for the EV batteries.

 

[WasserGKuehlt]

There is a way to do a controlled test of whether Porsche has learned anything from the Taycan. Has anyone compared the cost to lease of a similarly equipped Macan EV with a Macan ICE ?

Just curious.

That’s a good point, probably a bit too early to tell, though. It will be tough to match like for like, as the base EV is priced near GTS/turbo ICE, which sell in lower numbers and thus have possibly higher residuals.

I’m thinking/planning/hoping I can pick up a gently used Macan EV in 3 years for max 50% of new.

 

[tbinmd]

You can crystal ball this all day long. The car is not an investment, it's always has been a depreciating asset. It only depreciates when you sell it.

When solid state batteries hit in 3-4 years, all current cars will tank in value, will not matter what brand.

 

[whitex]

Do you mean like this? PCCM for Classic ?

Kind of, but better. They started from a larger screen, so a 2012 and an upgraded 2020 Model S infotainments look identical. The 2012 may be missing some settings like auto pilot, or the dashcam recorder app but it would get all the features not dependent on additional external hardware. Worth noting that even if you didn't upgrade the hardware, your software would still update to the most recent UI, just run a little slower (which sounds worse that it really was, as the slowdown was mostly noticeable only when doing things like manually pan and zoom around a map, or view dashcam recordings, not so much when just driving).

All that said, I personally disliked the forced update to new UI. I preferred the 2013 UI over the later iterations, where the icons moved from top to the bottom of the screen (forcing me to take my eyes off the road to find them), became monochrome for a while (which made them look sleek, but harder to distinguish) before returning back to color, but icons becoming ever smaller. Tesla started with an automotive UI, designed for ergonomic use by the driver while driving. Over time they ended up with a tablet app UI, perhaps to please the current generation of young drivers who grew up on phones/tablets. So the drawback is usability while driving, but there was a big benefit too - familiarity with the style of interface to anyone who's used a recent smartphone or a tablet.

 

[jeffb]

Surely the new Electric Macan will hurt sales of the facelift Taycan? After all, the original Taycan was the only Porsche EV available during the first 4 years of its life.

Not for people who drive them back to back. I have a MY25 Taycan 4S that has been out of service since July 2 due to battery problem. The dealer gave me an electric Macan as a loaner. Rather than writing reams about the difference between the two in terms of diving enjoyment, I will sum it up this way: The Taycan is an electric Porsche; the Macan is an electric SUV.

 

[B61]

Depreciation.
CT4, MY21….lots of options (pdcc, rws, ptv, olea…65k km) 147k€ back in 2021… today: 57k

 

[Sar]

Not for people who drive them back to back. I have a MY25 Taycan 4S that has been out of service since July 2 due to battery problem. The dealer gave me an electric Macan as a loaner. Rather than writing reams about the difference between the two in terms of diving enjoyment, I will sum it up this way: The Taycan is an electric Porsche; the Macan is an electric SUV.

When I first started my purchasing journey, I drove my Model Y to the dealership, test drove an EV Macan, then test drove an EV Taycan. The EV Macan felt way too similar to my Model Y, but when I got in the Taycan immediately after and test drove it... wow. Entirely different experience. And here I am.

It will be interesting to see how the J1.2 depreciates over time, but I suspect it'll be extremely similar to the previous gen. Most cars follow a very similar depreciation curve, and moreso EVs tend to follow their own similar curve despite differences between them. Doesn't matter to me right now - I plan on driving this car until I either become stupid rich or it stops working.

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