2020 4S to 2022 4S

[S0upb0ne]

Got an incredible deal on a 2020 Taycan 4S lease at the beginning of 2021. I was offered a 2021 Taycan 4S allocation with late summer delivery.

I am thinking about this because there is 17K in equity in the lease and 7.5k in federal EV credits to go towards a purchase . Seems like a good opportunity to lock in the equity, take advantage of the federal EV tax credit (it has an uncertain future for this car), and avoid further increases in MRSP due to inflation.

I figure that the chip situation not will fix it itself in the next several months and new car prices will not substantially decrease in the foreseeable future. But I am concerned about the volatility of the current used car market. Am I making a reasonable assumption that my equity situation will be the same in late summer this year?

Thanks in advance for your insight .

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[mdrobc1213]

Got an incredible deal on a 2020 Taycan 4S lease at the beginning of 2021. I was offered a 2021 Taycan 4S allocation with late summer delivery.

I am thinking about this because there is 17K in equity in the lease and 7.5k in federal EV credits to go towards a purchase . Seems like a good opportunity to lock in the equity, take advantage of the federal EV tax credit (it has an uncertain future for this car), and avoid further increases in MRSP due to inflation.

I figure that the chip situation not will fix it itself in the next several months and new car prices will not substantially decrease in the foreseeable future. But I am concerned about the volatility of the current used car market. Am I making a reasonable assumption that my equity situation will be the same in late summer this year?

Thanks in advance for your insight .

Correct in lots of your assumptions...chip situation will get better but over time so most predictions/thoughts are that 2022 will continue to see fluctuations in both pricing and inventory. Most think not till mid 2023 maybe early 2024 will see stabilization and possibly normalization in pricing for both used/new cars. Will depend on a few factors normalizing which are still in flux/doubt from a time lines sandpoint. But most agree that won't be in 2022 until late towards the end of the year if we see it. So the argument to act now vs later can make sense if you plan on keeping the vehicle for a min. and the numbers/savings are what you perceive. $17k in equity plus $7.5k in EV credits if still avail at time of purchase and tax filings for a purchase is not nothing to laugh at or not be considered. Good luck and let us know what you decide.

 

[soul.electrified]

I don’t think much will change over the next 6 mo. Two things are for sure though, eventually the MSRP will go up and the tax credit will expire.. I’d go for it! Please share your configuration when you order

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