Has Taycan Depreciation Changed the Porsche Experience?

[prj]

this MY25 is listed at 138K€ :
https://finder.porsche.com/hu/hu-HU...used&condition=porsche_approved&condition=new
ie ~109K€ without VAT.
ie they'd sell it for 70-75K€ without VAT, ie +20% French VAT = 84-90K€ ?

Edit : ah no damn it's a new one, so 25% off instead of 35

You must have a VAT registered business to be able to buy anything with 0% VAT and then on car sales they will also charge you the VAT and withhold it until you register the car and show proof of registration that it was registered to the company in the target state.

Certainly as a private customer you will never get anything without VAT or with the VAT of a different country.

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[Gkwan]

You must have a VAT registered business to be able to buy anything with 0% VAT and then on car sales they will also charge you the VAT and withhold it until you register the car and show proof of registration that it was registered to the company in the target state.

Certainly as a private customer you will never get anything without VAT or with the VAT of a different country.

you're right, I already had in mind to create a holding (shell) company, but not in Hungary, so if it's doable with a EU VAT registered company then good, if not then you just loose the 7 points difference - main interest being then the huge rebates mentioned by Janos.

I'll probably wait it out anyway until I see what deal my local P dealer will offer

 

[Bognar67]

Checking the list, only 6 Taycans has left from the 25+ that was available 3-4 months ago so the HU dealership successfully decreased the stock level and parallel with it rebates also decreasing, I guess.
On the other hand I have been offered a new allocation with 20-25% off next to a factory approval.
According to the info I had, factory started to hold back spreading Taycans to the dealer network without request.
Momently their 911 inventory seems high, especially the 6 pcs 911 GTS 4 Cab that is not moving at all. OK, it is winter, but still.
4 unsold GT3 also haven't seen before ever. Sitting for more than 5 months.

 

[nfshirley]

It unfortunately did spoil the experience of ownership for me. Albeit I think it is the same for all electric cars. I’m going back to petrol for a while until the market matures.

 

[TonyR]

For me as a beneficiary of the heavy discount on a used Taycan I’m not complaining. And they are still pretty rare on the roads and get a lot of compliments, at least in my case. I got it as a stop-gap to the new Cayman/Boxster EV, if it ever happens, but now plan to keep it and my current Cayman as well.

 

[Jasper4S]

It unfortunately did spoil the experience of ownership for me. Albeit I think it is the same for all electric cars. I’m going back to petrol for a while until the market matures.

Isn’t this a bit of a catch-22? Depreciation only really hurts when you sell. By selling early and then pointing to depreciation as the reason, you’re kind of creating the problem you’re unhappy about.

 

[nfshirley]

To be honest it wasn’t just the depreciation. The recalls and I had several battery issues. I appreciate I may have been unlucky, but there are quite a number of people in the same position.

As for realising the loss, it was over £110k in just over 4 years, it was coming at some point anyway as it isn’t stopping, and life is too short to own a car for too long, especially one that has such issues and range problems in the uk weather.

I enjoyed the car, but EVs for me, as I said before will be something I will come back to later when they mature.

 

[D00notD00d]

As for the failure rate you are arguing with info from engineering in Audi Sport and Porsche, I don't know what to tell you.

I have no way of determining the accuracy of your information. It may be just anecdotal BS.
In their submission to NTHSA Porsche quoted 2% of all j1.1 vehicles were affected. I also have no way of determining the accuracy of that figure. It’s always possible that they lied.
The survey I ran here last year said that so far, about 18% of 239 forum users had had a cell replaced, but against 150,000 cars sold, that’s not representative. Still, a clear majority of users here who voted here have not yet seen the problem.

As the defect is latent, failure instances could increase in future, but to date I’ve seen no factual evidence that the defect is widespread. If it were, there’d be much more mainstream media stink and more than 18% of users here would have had the problem already?

 

[prj]

I have no way of determining the accuracy of your information. It may be just anecdotal BS.

Yeah, just like the whole tuning is "anecdotal BS"
Luckily those in the industry know that I don't do "anecdotal BS". I execute, and have been executing for 15 years.
Before I posted hard data about the powertrain here everyone was going off make believe numbers.

The recall does not say 2% were affected, it says that's the ones they initially knew about. Once failures started showing up outside of those they included all the vehicles.

If it were, there’d be much more mainstream media stink and more than 18% of users here would have had the problem already?

Yeah, let's trust the media and the marketing over engineering shall we?

The same ones that purported that Porsche will have 12-14% margins in Q1 '26. Now the truth came out (4-5% at best), the stock is down 20% and the CEO got fired. Great track record.

2% and 18% are two very different numbers and the current failure rate is closer to the latter than the former.

 

[D00notD00d]

@prj
The Oct 24 Porsche submission to NTHSA estimated that 2% of all j1.1 vehicles produced were affected. They said that was the figure extrapolated from their analysis.
https://static.nhtsa.gov/odi/rcl/2024/RCLRPT-24V732-8320.PDF

Your assertions here about battery failure rate could be true, but hearsay isn’t the same as corroborated factual evidence.

If it were true that 30,000 of the 150,000 j1.1 Taycans had had a battery failure, I just think that reporting of that by mainstream media would be more widespread. Their threshold for publishing EV rage bait is pretty low.

 

[whitex]

Porsche has traditionally been a brand that many people associate with a certain level of status or exclusivity. With the Taycan, however, the depreciation over the past few years has been quite significant, which has made pre-owned models much more accessible than when they were new.

Of course, this kind of price shift is difficult for anyone to predict, and it also means more people now have the opportunity to experience the car. At the same time, from the outside it can be hard to tell whether a Taycan is brand new or a few years old, unless it’s a very distinct version like the Turbo GT.

I’m curious how other owners or enthusiasts feel about this, does the change in resale values affect your perception or enjoyment of the car in any way?

Honestly, my Taycan has depreciated less than a 911 I owned 25 years ago. Both were custom order cars, both white and loaded with every tech/functional option available. I sold my 2001 911C4 in 2003 and got under 50% of MRSP for it after just 2 years. I figured it took the Taycan 3 years to hit the same depreciation as the 911 did in 2 years.

So to answer your specific question, no, it hasn't affected my enjoyment of the car. Other things, like persistent recalls and failures (on 3rd HV heater, 2nd OBC, had some HVAC servos fail too, all under 3 years), or even simple things that the rest of the world has figured out long ago, i.e. how to reactivate an online subscription - those experiences affect the enjoyment a lot more. I expected the Taycan to lose 50% of MSRP in 3 years, as did almost every expensive car I've owned (the 911 was an exception - the fastest depreciating car I ever owned).

 

[prj]

@prj
The Oct 24 Porsche submission to NTHSA estimated that 2% of all j1.1 vehicles produced were affected. They said that was the figure extrapolated from their analysis.
https://static.nhtsa.gov/odi/rcl/2024/RCLRPT-24V732-8320.PDF

All cars got ARB6/ARB7 update.

Your assertions here about battery failure rate could be true, but hearsay isn’t the same as corroborated factual evidence.

These are not my assertions. I have zero assertions, I am just forwarding the info from engineering.
I also know certain things about the new ICE macan including engines, but not going to write about that here.

If it were true that 30,000 of the 150,000 j1.1 Taycans had had a battery failure, I just think that reporting of that by mainstream media would be more widespread. Their threshold for publishing EV rage bait is pretty low.

Your entire analysis is based on what mainstream media is writing.
Mainstream media doesn't have a clue and is a complete bullshit source.

You should much more trust the fact that 18% of people on the forum who answered had battery issues.

Either way, you don't know me, I get it. But luckily that is not the case in the industry.
You are telling an engineer to get their knowledge from mainstream media which is laughable, but do continue.

ARB6/ARB7 tightened the controls and many cars needed module replacement after installing the update. Not the 2% initially reported, not even close.
From my dealer - customer came in to get the software updated and with the new software they immediately got a fault for one or more modules. And these are cars not in the "risk group".

 

[Truthteller]

Do you have any financial knowledge whatsoever?

M2 money supply growth YoY more than doubled in EU during covid, and was 5x in the US.

This resulted in huge YoY inflation:

From almost 0 YoY to 10% YoY.

And as another indicator the gold price spiked over 60% from 1000 EUR to over 1600 EUR in that time frame.

After the money printing was done during (and after covid) FIAT currencies in the Eurozone depreciated by around 50%. This has hidden the real depreciation of cars in that time period. So when comparing something bought before Covid that did most of the price drop before that, it seemingly held it's value better. When in reality the currency got destroyed.

The Taycans also didn't really start visually depreciating until Covid was over and M2 money supply stopped being increased in astronomic proportions. After that the drop was extremely rapid, as the inflation suppressing the price drop suddenly came to a halt and reality set in, coupled with a facelift in 2024 that had a huge technical leap forward.

Apologies for the delayed response. For context, I hold two degrees in Business, Economics, and Finance from one of the most prestigious universities in Europe, and a top-two institution in Sweden. That said, I don’t think credentials should be required to have a discussion, which is also why I found the condescending remark unnecessary, regardless of who is speaking on the subject.

I believe it’s overly simplistic to attribute Taycan depreciation primarily to “currency destruction” or M2 expansion. Cumulative inflation in the Eurozone since Covid has been roughly 20–25%, not 50%. The appreciation in gold prices is not a linear measure of currency debasement; it largely reflects movements in real interest rate expectations, risk sentiment, and broader macro uncertainty.

The spike in used car prices during Covid was primarily driven by supply chain disruptions and semiconductor shortages, not merely by "printing money". When supply chains normalized and interest rates rose sharply, used car prices corrected accordingly. Luxury EVs, in particular, are highly interest rate sensitive assets. Once financing costs doubled and large volumes of lease returns entered the market, price adjustment was inevitable.

This looks far more like a combination of market normalization and product cycle dynamics than evidence of a fiat currency collapse.

 

[prj]

The spike in used car prices during Covid was primarily driven by supply chain disruptions and semiconductor shortages, not merely by "printing money". When supply chains normalized and interest rates rose sharply, used car prices corrected accordingly. Luxury EVs, in particular, are highly interest rate sensitive assets. Once financing costs doubled and large volumes of lease returns entered the market, price adjustment was inevitable.

Yes, and both together created the perfect storm. Inflation was a large part of it, as was the supply crunch.
Discounting QE during covid with one sentence as you did showed complete ignorance of the subject.

As an example - my S8 was 8 years old during Covid, and it's price actually appreciated as a result of QE.

 

[bereader]

This is my first Porsche so I don't have anything to compare this to. The depreciation was a benefit to me given I was able to buy one that's 3 years old at a 50% discount. I think these cars are massively overpriced and it's pretty clear Porsche does everything they can to get you to part with every cent you own. Clearly they know who their market customers are.

My other car is a BMW X5, and the depreciation on that is pretty similar so far. All luxury cars depreciate, and luxury EVs depreciate more. It's a shame that at least in the US, we seem to be digging our heels in and placating Big Oil trying to go backwards instead of progressing forward with EV infrastructure and support. Hopefully that changes with the next administration.

The main concerns I have about this car are:
-Reliability (mine's been fine but I've read the horror stories)
-Porsche's insanely slow service (1-2 days for a software update?)
-The tech is nowhere close to BMW's. My Kia had better tech, actually.
-Backup camera is laughably bad
-I have concerns Porsche will kill off the car and I'll have a high priced, low value discontinued luxury EV that no one wants.

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