Redhot2474
Well-Known Member
- First Name
- Marc
- Joined
- Aug 27, 2022
- Threads
- 37
- Messages
- 403
- Reaction score
- 585
- Location
- Shelton CT
- Vehicles
- Taycan GTS
- Thread starter
- #1
For any of you that need a reference point - I called my local dealer today to see what they would give me on a trade for 2023 GTS with 13k miles , 151 sticker - they offered 95k and this is without any negotiation. I have no intention of getting rid of if - but do like to have an understanding of current market wholesale value. I am located in Connecticut.
Here’s where I stand after 16 months - 151k (MSRP) - 7500 rebate = 143,500 , 16 months of driving = 48,500 loss or roughly 3k per month or roughly 30-35% deprecation first 16 months (depending on if you include tax credit or not) , roughly $3.73 per mile.
As I’ve said before , I’ll never need any more performance, technology or range for street driving , I’ll most likely keep this forever as the car is phenomenal.
My Intention is not to start a depreciation rant, I’m simply sharing where my model and year stands at this point. Maybe someone can use as a reference point or finds it helpful in looking for used Gen 1 or what to expect when trading in
I’ll continue to track every 6 months to a year, simply because it’s interesting to me. My guess with current interest rates, the increase cost of Gen 2, coupled with Porsche shitty lease programs the Gen 1 will flatten out a bit …
Hopefully someone finds this useful.
PS right now I have negative equity in car, for some here’s where GAP insurance might come in handy
Here’s where I stand after 16 months - 151k (MSRP) - 7500 rebate = 143,500 , 16 months of driving = 48,500 loss or roughly 3k per month or roughly 30-35% deprecation first 16 months (depending on if you include tax credit or not) , roughly $3.73 per mile.
As I’ve said before , I’ll never need any more performance, technology or range for street driving , I’ll most likely keep this forever as the car is phenomenal.
My Intention is not to start a depreciation rant, I’m simply sharing where my model and year stands at this point. Maybe someone can use as a reference point or finds it helpful in looking for used Gen 1 or what to expect when trading in
I’ll continue to track every 6 months to a year, simply because it’s interesting to me. My guess with current interest rates, the increase cost of Gen 2, coupled with Porsche shitty lease programs the Gen 1 will flatten out a bit …
Hopefully someone finds this useful.
PS right now I have negative equity in car, for some here’s where GAP insurance might come in handy
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