My own valuation assumption that Taycan hits zero value at 8y/100k miles may not be accurate.Another of us made it to six digits. See this listing for sale. 125kmi. $35k.
If it's drivable it should be >$0. Let's say, you rolled the dice and you assumed you could drive it for one year. How much is the utility of any vehicle worth to get you from point a to b? At least $5k maybe $10k. Then add in the fact it's a Porsche and it's a HOT looking car. Don't know what the real value is for this car, but it's not $35k.My own valuation assumption that Taycan hits zero value at 8y/100k miles may not be accurate.
My counter would be let's say you buy it for $10k and then battery goes with $45k in cost to replace. That is my point of saying that after 8 years/100k miles the car is worth zero as in this situation you may be able to give it up to a salvage yard for something. Then if the car gets into an accident that would be an immediate total and what are you going to get for it from insurance, for this case of $35k purchase, you may be able to get $20k back.If it's drivable it should be >$0. Let's say, you rolled the dice and you assumed you could drive it for one year. How much is the utility of any vehicle worth to get you from point a to b? At least $5k maybe $10k. Then add in the fact it's a Porsche and it's a HOT looking car. Don't know what the real value is for this car, but it's not $35k.
But what if it goes another 100,000 miles and requires nothing more than routine maintenance—brakes, fluid changes, and similar items? The probability of that happening is certainly greater than zero.Wow. High miles. The battery is already out of warranty so unless some sort of aftermarket warranty can be sorted then that is a nightmare waiting to happen
I paid $84K out the door for my 2021 CPO with 30K on it back in 2023 and won’t hit 100K to the extended warranty expiration by 2030 so I get 7 years of use before I have to worry about anything big for repairs. I’m not worried about the battery after 8 years since ReCell will replace the battery for roughly $10K but after 2030 just a couple of big repairs will make me very uncomfortable to keep unless I still am as much in love with the styling then as I am now.Another of us made it to six digits. See this listing for sale. 125kmi. $35k.
oh I get what you're saying. But the price of the ability to drive it for X amount of months, is not $0k. it's drivable. If I were a true math geek, I would put the probability of the car need a repair costing Y over a plotline and then factoring in the probability. And it still wouldn't be zero.My counter would be let's say you buy it for $10k and then battery goes with $45k in cost to replace. That is my point of saying that after 8 years/100k miles the car is worth zero as in this situation you may be able to give it up to a salvage yard for something. Then if the car gets into an accident that would be an immediate total and what are you going to get for it from insurance, for this case of $35k purchase, you may be able to get $20k back.
Of course it’s worth more than $0 but you’re rolling the dice on whatever you spend to get that Porsche badge.oh I get what you're saying. But the price of the ability to drive it for X amount of months, is not $0k. it's drivable. If I were a true math geek, I would put the probability of the car need a repair costing Y over a plotline and then factoring in the probability. And it still wouldn't be zero.
To over simply:
The car is currently drivable. I drive off the lot and it
...fails instantly. (low probability)
...requires a battery fix within one year (>% chance than low probability)
...drives for the next year with no issues (>% chance than the above)
...drives for the next five years with no issues (>% chance than the above)
Let's assume that the greatest probability is that it drives for one year with no repairs required. THAT is worth more than $0. What's the cost for transport if I don't buy that car: (1) I buy another car, (2) I take public transport (3) I take ubers everywhere.
There is still a cost to NOT buying the car. I still have to travel and that cost is greater than $0.
I sold my 20 year old VW Jetta TDI with 176k miles on it and an almost broken clutch and tire rods for $3,000 last year. My ex-husband bought a non operational Classic Mini for $3,000. This car drives and, according to the ad, doesn't require any immediately.
So the cost to have a Porsche marque, a drivable, amazing car is still higher than $0, and definitely higher than $3k.
We'll see what it sells for.
Sure. The salvage auction value with a bad battery is probably $15K.I think we're all in violent agreement here. The car is worth more than $0.