My prior experience (granted it was a Panamera Turbo S), was a 3rd party extended warranty (Fidelity) that covered everything. It had a $100 deductible. Porsche dealer would get pre-approval from Fidelity before any repairs (there were a ton of them, totaling ~$25K over the 3+ years) and so I...
Echo to avoid MY20s especially non-CPO, BUT I did have a Panamera Turbo S and purchased a Fidelity 48-mo platinum/exclusionary policy. Due to a litany of unforeseen repair needs, it 'earned' me a 5x ROI on the premium I paid, so I would not own a Porsche off-warranty without this protection...
Not sure how much credence to put in this, but it was hard to watch. If/when the secondary market stabilizes, I can't imagine much will improve anytime soon.
I got front-end ppf and full ceramic on my Chalk. I have not washed the car since I got it a year ago. Just a little rinse every now and then and she is lovely. Not sure if I owe it all to my ceramic, but feels like it has to be the case.
Yeah, a highly-optioned GTS is kinda a tough sell against a slightly used Turbo (S) - in my view. I agree that the options depreciate much more quickly than the base vehicle price so this discount is likely a peek at that the market will do post-purchase.
I think the question about depreciation is more common here b/c it has been an anomalous past few years as it relates to the magnitude and timing of it: my 2021 Turbo was $185K sticker and I paid $161K when 2 yrs old ($24k drop). Now, it's worth about $110-120K only a year later ($40-50k drop)...
I feel you as I lost (on paper) a comparable amount this past year on my 21 Turbo CPO. When you say 'low point' that makes me think that values would therefore be increasing... which I can't imagine would ever be the case. Do you mean is the pace of Taycan depreciation accelerating due to all...
Good point, yes, but I don't think leasing is/was an option when I buying used/CPO, which pertains to me and many others. New purchases, sure. I also want to point out generally that remarking on the pace and quantum of the depreciation is not mutually exclusive to the explanations on why it...
I love hearing this and appreciate the encouragement. I am making every effort to engage with my car in the same way, but the 'old me' sure is stubborn most days.
Yeah, it’s even worse than that. I paid $161k in Jan 2023 and after driving 1500 miles, I called same dealer to explore getting out of it. They cited $110k trade for it so they would try to sell for $120-125K again as CPO. So $50k less in 6 months. The loss is more if you consider I paid for...
I was unsettled by the $50K year 1 depreciation post my 2021 CPO purchase and solved it by averaging down with a 1999 4Runner: now I drive my Taycan only when I want to (not when weather is bad, traffic, kids, etc) and every time I get into the Taycan, I get to fall in love with it all over...
Got a PWCC installed before reading all the complaints here, but it has been fine for me. Threw a 100A line and have the 19.2kW on board so it's faster than I ever need it to be for my once-a-week charging.
Had a 2017 Macan turbo for 4 years before getting my 2021 Taycan turbo. (which I pounced on as it was a CPO at my local dealer with my 'dream' spec). As much as the Taycan certainly is impressive, I am having hard time finding it 'worth' the $140K extra it cost alongside the Macan as a trade...
Richard, I also have a MY21 Turbo that I've owned nearly a year. Implied 100% range for me has been 275-285mi consistently. Note that I live in a warmer climate and don't drive it that often. Right now it shows 225 mi range at 87% in the cold temps.
Compare to a 2021 Turbo S with 14k mi being offered for $119K here in ATL for what you get. Not a ton of difference in the actual hardware you enjoy day-to-day. I don't know the build on yours vs. it, but just an indication of depreciation lately for the Turbo and Turbo S variants. Keep in...