Taycan Values.

[McgR]

Any idea what it costs to extend the warranty on a Taycan in the NL? Mine isn't due to expire until July 2025, but I have no idea what they ask.

Recently got this answer in Belgium:
Sorry for the non Dutch speakers.
I have an operational renting by KBC that includes all repairs. Not sure what to do. All repairs will be covered by the leasing contract for the last 2 years. Except the mobility service. I may still extend the Porsche Warranty to have the mobility service and replacement car

Een Porsche Approved Garantie verlenging kunt u aankopen tot maximaal 15-jaar of op datum van contract 200.000Km.

Voorbeeld:

Uw Porsche is 12-jaar oud en bezit 197.000Km. à U kunt dan nog steeds een contract verlengen tot 15-jaar en Km’s onbeperkt.

Zo kan een Porsche van 13-jaar oude met 285.000Km nog steeds verzekerd zijn tegen technische defecten.

Een Porsche Approved contract kunt u verlengen per 1 jaar / 2 jaar of 3 jaar.

Normaal krijgt u van Porsche-AG bericht dat uw garantie zal vervallen ca. 1,5 maand voor de verval datum van uw garantie. Dit komt vanuit Porsche-AG via het klanten systeem C@P.

U moet zelf stappen ondernemen om het te verlengen, dit gaat niet automatisch.

De garantie van uw Porsche vervalt op 26/04/2024.

Om het Porsche Approved contract te activeren, doen we dit best eind maart 2024.

Wij hebben de auto nodig voor een aantal foto’s.

Een Porsche Approved garantie voor uw Taycan kost:

1. 1-jaar + Porsche assistance = €1.787,79 incl BTW
2. 2-jaar + Porsche assistance = €3.074,79 incl BTW
3. 3-jaar + Porsche assistance = €4.370,79 incl BTW
4. Administratieve kost = €151,25 incl BTW

Opgelet, na 26/04/2024 moet uw auto een 111-punten controle doorlopen en 100% voldoen aan alle punten.

Dit vermijden we best.

Sponsored

 

[whitex]

Pretty sure it won't and can't see a little thing like Brexit getting in the way! We still adhere to pretty much all EU regs.

Brave move I'd say given the current market turmoil for EVs not least in UK where the window to change has been pushed to 2035. There will always be early adopters for sure and perhaps this will create a positive bounce for the Taycan.

I doubt the decision had anything to do with bravery. It was more likely a simple ROI calculation - is it worth to completely redesign the Macan ICE platform from scratch, which in Porsche world takes 5-8 years? This would land a new Macan ICE in around 2030, so probably little chance to amortize engineering before consumer ICE sunset in 2035, definitely no room for derivative refreshes, etc. Had they made the decision 7 years ago, maybe it would have made sense, but today is too late.

 

[Throb]

Recently got this answer in Belgium:
Sorry for the non Dutch speakers.
I have an operational renting by KBC that includes all repairs. Not sure what to do. All repairs will be covered by the leasing contract for the last 2 years. Except the mobility service. I may still extend the Porsche Warranty to have the mobility service and replacement car

Een Porsche Approved Garantie verlenging kunt u aankopen tot maximaal 15-jaar of op datum van contract 200.000Km.

Voorbeeld:

Uw Porsche is 12-jaar oud en bezit 197.000Km. à U kunt dan nog steeds een contract verlengen tot 15-jaar en Km’s onbeperkt.

Zo kan een Porsche van 13-jaar oude met 285.000Km nog steeds verzekerd zijn tegen technische defecten.

Een Porsche Approved contract kunt u verlengen per 1 jaar / 2 jaar of 3 jaar.

Normaal krijgt u van Porsche-AG bericht dat uw garantie zal vervallen ca. 1,5 maand voor de verval datum van uw garantie. Dit komt vanuit Porsche-AG via het klanten systeem C@P.

U moet zelf stappen ondernemen om het te verlengen, dit gaat niet automatisch.

De garantie van uw Porsche vervalt op 26/04/2024.

Om het Porsche Approved contract te activeren, doen we dit best eind maart 2024.

Wij hebben de auto nodig voor een aantal foto’s.

Een Porsche Approved garantie voor uw Taycan kost:

1. 1-jaar + Porsche assistance = €1.787,79 incl BTW
2. 2-jaar + Porsche assistance = €3.074,79 incl BTW
3. 3-jaar + Porsche assistance = €4.370,79 incl BTW
4. Administratieve kost = €151,25 incl BTW

Opgelet, na 26/04/2024 moet uw auto een 111-punten controle doorlopen en 100% voldoen aan alle punten.

Dit vermijden we best.

Thanks for providing this. I don't speak Dutch but Google Translate is very good nowadays.

 

[Moonstone]

This may be interesting to anyone who hasn't put down their hard earned cash yet.
So i bought my taycan 4S cross turismo (my23 my personal spec) in dec 2022, it is a well specced car that i paid £107k for (before the price hike), i love the car but i am having issues with the fan and heater and now i'm completely locked out of the car!
Having seen various reports on Taycan depreciation i asked the dealer from whom i bought the car to give me a valuation, wait for it....They offered me £55k and the car is as new with 2500 miles on it! Now i knew the car would depreciate but 50% in a year!
My advice would be to get out while you can, its an amazing vehicle but no one can afford to lose that kind of money in such a short amount of time. i cant see them shifting barely any Macans at this rate and the Taycans keep piling up.
To put this in perspective i was offered £45k for a 5 year old macan turbo approximately 18 months ago.

Taycan depreciation in the UK is fueled by one thing and one thing only. Government EV incentives coupled with a desirable premium brand. This has created a scenario where a £100k Porsche is readily accessible to a market that otherwise wouldn't buy one.

According to my dealer, 90% of all new Taycan buyers are companies, through lease or business PCP. If this is true of the entire UK dealer network, that means that 90% of the market cannot and will not consider a used Taycan. To that 90%, Taycan's are disposable. This means that dealers cannot sell used Taycans to the bulk of their customer base and this is what's fueling massive depreciation.

Porsche won't do a thing because they're only interested in selling cars from their factory and those are selling like hot cakes. No doubt interest rate increases have had a slight impact on demand and when the government revises the EV business incentives this will also have an impact.

if you bought new on a PCP, you're stuck with it, till it's time to hand it back. Otherwise you're going to pay a fortune to get out of the deal.

The only solution is for the government to apply similar tax incentives to the used market so that the same buyers who bought used, can start to eat into the stock at the other end of the "food chain".

 

[whitex]

According to my dealer, 90% of all new Taycan buyers are companies, through lease or business PCP. If this is true of the entire UK dealer network, that means that 90% of the market cannot and will not consider a used Taycan.

Saying 90% of the market will not consider a used Taycan is only true if the market for used Taycans consist 100% of those who buy new Taycans. The more relevant market would be used car buyers - what percentage of used car buyers in the market for Taycan like vehicles would not consider a Taycan?

 

[Donar]

Opgelet, na 26/04/2024 moet uw auto een 111-punten controle doorlopen en 100% voldoen aan alle punten.

I also thought the 111 checklist is not applicable when you car is still under warranty. However they did the 111 check on my car for the extension. The form was attached to the agreement I noticed yesterday.

 

[Moonstone]

Saying 90% of the market will not consider a used Taycan is only true if the market for used Taycans consist 100% of those who buy new Taycans. The more relevant market would be used car buyers - what percentage of used car buyers in the market for Taycan like vehicles would not consider a Taycan?

The issue is that the used market for EVs in the UK is tiny compared to the market for new ones, thanks to the government incentives. Also that SUVs continue to be in significantly more demand than saloon cars (in the UK) Hence why the Mercedes EQE is holding its value much better than the Taycan is.

 

[MAPC]

Saying 90% of the market will not consider a used Taycan is only true if the market for used Taycans consist 100% of those who buy new Taycans. The more relevant market would be used car buyers - what percentage of used car buyers in the market for Taycan like vehicles would not consider a Taycan?

I have purchased both new and used in the past. I lean toward used since I trade in and out of my cars with some frequency and like to avoid the big year 1 depreciation.

I finally purchased my 4S used, after what I believe to be the most significant depreciation hits. No qualms at all buying used…and love my Taycan.

 

[Crazymind]

The issue is that the used market for EVs in the UK is tiny compared to the market for new ones, thanks to the government incentives. Also that SUVs continue to be in significantly more demand than saloon cars (in the UK) Hence why the Mercedes EQS is holding its value much better than the Taycan is.

You sure? I a was offered this morning 5000gbp off a brand new EQS, plus extra 3000gbp off by the dealer and 0% interest rate.
They are desperate to sell them. I was in to get a quotation for a Marcopolo campervan ?.

 

[Moonstone]

You sure? I a was offered this morning 5000gbp off a brand new EQS, plus extra 3000gbp off by the dealer and 0% interest rate.
They are desperate to sell them. I was in to get a quotation for a Marcopolo campervan ?.

Sorry I meant EQE.

 

[WasserGKuehlt]

According to my dealer, 90% of all new Taycan buyers are companies, through lease or business PCP. If this is true of the entire UK dealer network, that means that 90% of the market cannot and will not consider a used Taycan. To that 90%, Taycan's are disposable. This means that dealers cannot sell used Taycans to the bulk of their customer base and this is what's fueling massive depreciation.

I was with you most of the way, but I’m not sure how you reached the conclusion that the market won’t consider a used Taycan. First off, it’s not the _same_ market (there are more outside the initial group targeted with incentives for new cars), and secondly, there is surely a point where the abundance of used vehicles depresses the price beyond of the sold-as-new incentives. I’d imagine a 50k (in pounds) 3-year-old Taycan is a better deal than buying new with every possible incentive, if one were to be eligible.

 

[Crazymind]

Sorry I meant EQE.

not much of a difference. On the EQE there is 4k Mercedes contribution, 3K dealer contribution and 0% interests.

 

[Moonstone]

not much of a difference. On the EQE there is 4k Mercedes contribution, 3K dealer contribution and 0% interests.

Im talking about depreciation percentages on the used car market vs new. Not on dealer/manufacturer incentives.

 

[Crazymind]

Incentives will affect used values.

Sponsored