45K? How low can it go (depreciation)?

[DerekS]

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[Ronglos]

 

[Redhot2474]

I heard they are now giving them away with 911 purchases

 

[Uknown]

I am skeptical you can find a 4S for 45k. I keep seeing horror stories but I don’t see a lot listed at these bargain basement prices. They are for sure cheaper , but the cheapest on Porsche site is for a base Taycan, is mid 50s.. and that is the rwd.

I do think you can find great prices, but usually the big drops seem to be from high 100s to low 100s.

 

[Uknown]

I heard they are now giving them away with 911 purchases

I heard you have to buy one fully spec’d and sell it back at a massive loss to get a 911 ?

 

[Jasper4S]

Shmee does a good job in explaining. Higher end models will depreciate more. Most of us are business owners who bought a Taycan with tax benefits or are private owners with a tax benefit. When selling that benefit is gone and someone has to pay full price. That full price is absurd hence the depreciation. And if you are able to pay such prices for a car, you buy new and tick all boxes of options you want. In UK the tax benefit was huge compared to other counties so thats why in UK the prices are lower and the market right now is flooded with second hand Taycans.

He also explains that most of his cars depreciates, even his McLaren hypercar. Since EV’s depreciate a different way (read tax benefits, not faster) it sells good for all the lazy “content creators” on Youtube to make a “shocking” video about is. IMO he makes the same mistake to rant about EV/ICE again in his video. He loved his Taycan when he still had it, but he hates Porsche, probably since they wont sell him a GT3

 

[ze_shark]

And if you are able to pay such prices for a car, you buy new and tick all boxes of options you want. In UK the tax benefit was huge compared to other counties so thats why in UK the prices are lower and the market right now is flooded with second hand Taycans.

Exactly. Name a high end 100K++ sedan which does not depreciate like a stone. A few specific attributes of the Taycan merely amplify what is a widespread phenomenon.

 

[Donar]

Bought my Taycan a year ago. If I now search same spec it’s 15% cheaper. Market prices definitely dropped here in NL.

I bought the Taycan to drive it for 4-5 years and sell before I reach 200.000km; at the moment don’t really care about deprecriaton. Personally I’m more scared about the crazy high maintenance amounts I sometimes read here..

 

[Fish Fingers]

Shmee does a good job in explaining. Higher end models will depreciate more. Most of us are business owners who bought a Taycan with tax benefits or are private owners with a tax benefit. When selling that benefit is gone and someone has to pay full price. That full price is absurd hence the depreciation. And if you are able to pay such prices for a car, you buy new and tick all boxes of options you want. In UK the tax benefit was huge compared to other counties so thats why in UK the prices are lower and the market right now is flooded with second hand Taycans.

He also explains that most of his cars depreciates, even his McLaren hypercar. Since EV’s depreciate a different way (read tax benefits, not faster) it sells good for all the lazy “content creators” on Youtube to make a “shocking” video about is. IMO he makes the same mistake to rant about EV/ICE again in his video. He loved his Taycan when he still had it, but he hates Porsche, probably since they wont sell him a GT3

I am one of the few that bought privately in the UK 3 years ago.
But it's still saved me about £300-£500pm in fuel / road tax / servicing compared to say an M4 (ICE I would have bought). About £15k.

Its a RWD specced how I wanted and after 3 years it is still probably worth more than 50% of its new price..... That's always my target.
*New prices increased steeply after I got mine. See pic.

But......
I am now thinking I may trade up on a lightly used model that's taken a steep depreciation hit and then I've lost even less ?

If fuel tax goes up 10p/l in the Autumn budget (some forecast it) that may swing things back somewhat for EVs.

 

[BigBob]

I am one of the few that bought privately in the UK 3 years ago.
But it's still saved me about £300-£500pm in fuel / road tax / servicing compared to say an M4 (ICE I would have bought). About £15k.

Its a RWD specced how I wanted and after 3 years it is still probably worth more than 50% of its new price..... That's always my target.
*New prices increased steeply after I got mine.

But......
I am now thinking I may trade up on a lightly used model that's taken a steep depreciation hit and then I've lost even less ?

Would be interesting to see how a main dealer prices that sort of transaction. I assume they'll be insisting the second hand market is screwed on the purchase side, and in same breath still want to stick to a show room offer price. Or maybe just say try WBAC?

 

[Fish Fingers]

Because the car has frustrated the hell out of me with recalls and warranty work.
So I have been looking at alternatives.

And thats how I have fallen back in love with my car. Yes there are faults, but for a first EV, Porsche got the basics spot on.
How it drives and looks after 3 years, it's amazing. I think anything other than another Taycan will leave me regretting things every time I look at my next car.

Basically, I've fallen back in love with my Taycan and may keep hold...or I may buy a nearly new ST in Neptune Blue. ?

 

[Fish Fingers]

Would be interesting to see how a main dealer prices that sort of transaction. I assume they'll be insisting the second hand market is screwed on the purchase side, and in same breath still want to stick to a show room offer price. Or maybe just say try WBAC?

I also hedged my bets.

I did it on PCP (6%) and invested the capital.
Investments have done very well.....my job.

I can hand it back after 4 years or buy it for £32k. I will look forward to the negotiations.
?

 

[BigBob]

I also hedges my bets.

I did it on PCP and invested the capital.
Investments have done well.

I can hand it back after 4 years or buy it for £32k.
?

I hope you bought Tesla stock!!

 

[tomtom901]

Bought my Taycan a year ago. If I now search same spec it’s 15% cheaper. Market prices definitely dropped here in NL.

I bought the Taycan to drive it for 4-5 years and sell before I reach 200.000km; at the moment don’t really care about deprecriaton. Personally I’m more scared about the crazy high maintenance amounts I sometimes read here..

In The Netherlands, Porsche dictates maintenance cost -> https://www.porsche.com/netherlands/nl/service/maintenance/prices/taycan/

 

[Scandinavian]

Shmee does a good job in explaining. Higher end models will depreciate more. Most of us are business owners who bought a Taycan with tax benefits or are private owners with a tax benefit. When selling that benefit is gone and someone has to pay full price. That full price is absurd hence the depreciation. And if you are able to pay such prices for a car, you buy new and tick all boxes of options you want. In UK the tax benefit was huge compared to other counties so thats why in UK the prices are lower and the market right now is flooded with second hand Taycans.

He does a good explanation, yes, but he also paints an incorrect picture about charging costs. From about 8 minutes in, if you can stand watching him at all, he says charging costs 84 or 85 pence per kWh. Not true if you used Ionity with Porsche. True if you charged at Shell or BP!! But they have other interest and should not be taken as the norm. The Oil industry has a lot to answer in this as well in the U.K.

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