Would you buy a Taycan again?

[nischalr]

Would I buy again, absolutely yes. I purchased a new 2023, was willing to take the depreciation hit for the novelty of a custom ordered car, eyes wide open, but huge financial hit.
Now I know the options I like and those i don’t need and it gives me more confidence in choosing a preowned J1.2 vehicle in the future at the end of my current warranty to mitigate my losses.

going forward , carefully selected CPO Taycan is a definite go. I love the car and knock on wood, trouble free and all recalls done and up to date.

I can’t go back to Ice and don’t want to give up the intangibles that a Porsche gives me.

call me a sucker, but it’s a better vice than most.

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[A.Mayor]

Is there a difference? Negotiation is countering your opponent’s moves. Whether it’s countering their upsell or trying to make you feel like you won the lottery because they are willing to sell you a car at “only MSRP”, so you shouldn’t question the jacked up interest rate - it all falls under negotiations.

That’s a rather limited and narrow definition of negotiation. There’s persuasion, of which the “walk away” tactic is an example, albeit as a last resort or stalemate tactic.

I’m with you that negotiation starts with good preparation, and I would also add knowing what you need or want. I’m often baffled by the sheer unpreparedness of many would-be buyers, going into negotiations unarmed, and worse, lacking any clarity about what they need or want.

 

[paolosam75]

Definitely yes for now. If Panamera EV will come for sure will consider Panamera too.

 

[Jonathan S.]

re negotiation, I think (or rather, was thinking about this while not having anything else to do during the more straightforward moments of biking home 58 miles after dropping off my Taycan this morning for the brake recall) also that car purchase negotiation has three elements the make it much more simple:

1. Walking away is easy since no prior relationship exists, unlike, say, a tenant who has to convince the landlord that the tenant really is willing to incur the significant costs of packing up and moving.
2. Typically no significant issue is at stake other than the inherently quantifiable price, unlike, say, a far more complicated menu of demands from the terrorists for the release of the hostages.
3. Only rarely is a car a unique item, even more so when negotiating a price relative to MSRP for an allocation (when any dealer is the same), unlike, say, purchasing a house.

 

[Deleted member 8067]

No argument that Taycan has horrible depreciation now, but it's not fair to compare resale in 2022. Many used cars cost higher than new cars in 2022, including Taycan.

 

[Deleted member 8067]

Would I buy again, absolutely yes. I purchased a new 2023, was willing to take the depreciation hit for the novelty of a custom ordered car, eyes wide open, but huge financial hit.
Now I know the options I like and those i don’t need and it gives me more confidence in choosing a preowned J1.2 vehicle in the future at the end of my current warranty to mitigate my losses.

going forward , carefully selected CPO Taycan is a definite go. I love the car and knock on wood, trouble free and all recalls done and up to date.

I can’t go back to Ice and don’t want to give up the intangibles that a Porsche gives me.

call me a sucker, but it’s a better vice than most.

So after too many recalls and trade in price plummeting daily I took my 2023 8000 mile cherry red metallic cross turismo 4s to the dealer and trade for a cayenne coupe. This is my 3 rd cayenne. Figured cayenne will go up at least 10 k next year and. Tycan will drop a lot in value I am 30-40 k Us dollars ahead. Loved the color and handling of the CT 4s and all the attention the CT gets.

but couldn’t live with almost 10 recall vists in a year. The Cayenne coupe is amazing. The US is not EV friendly and Electrify America is horrible

 

[nischalr]

So after too many recalls and trade in price plummeting daily I took my 2023 8000 mile cherry red metallic cross turismo 4s to the dealer and trade for a cayenne coupe. This is my 3 rd cayenne. Figured cayenne will go up at least 10 k next year and. Tycan will drop a lot in value I am 30-40 k Us dollars ahead. Loved the color and handling of the CT 4s and all the attention the CT gets.

but couldn’t live with almost 10 recall vists in a year. The Cayenne coupe is amazing. The US is not EV friendly and Electrify America is horrible

We each have a different tolerance to these inconveniences. The recalls never bothered me too much, I had 3 over the years, always got a loaner car and they were never more than a week. So much satisfaction driving this car, and no faults outside of the recall work.

The depreciation is unfortunate, but this was not an investment for me, and to me, its is worth the cost of enjoyment. Thankully the car is a "business vehicle" and mitigates the financial hit somewhat as well.

Good luck with the cayenne!

 

[Crazymind]

Taycan after 8 Years will be worth nothing.
Even buying at good discount it’s still money thrown in the bin.
Buying it second hand even worse. It’s evil.
This apply to all the EV.

 

[whitex]

Taycan after 8 Years will be worth nothing.
Even buying at good discount it’s still money thrown in the bin.
Buying it second hand even worse. It’s evil.
This apply to all the EV.

The same applies to almost any car, ICE, EV, or hybrid. Have you just discovered cars are not an investment? They are a consumable tool.

 

[Crazymind]

Don’t get me wrong. We all expect to buy cars and lose money. However any good we buy needs to be valuable enough to make us happy while using it and dispose of it at the end of its life or in case of a car give it back for a decent price and buy another. Very basic.
This doesn’t apply to the Taycan ( same fate for all the EV).
It’s enjoyable but not valuable. Porsche doesn’t buy it back if you want Jen 1.2. it’s hard to sell second hand, even at a large discount. After having had 2 owners and 4 years + I bet there will be no market.
Add to this next Year in UK we will pay 600 VED and 5% Bik. It’s game over. We have been Fuc..ed with no lubricant.
Owning a Taycan today is like driving around with a plate hanging off your neck saying: “idiot”

 

[whitex]

Don’t get me wrong. We all expect to buy cars and lose money. However any good we buy needs to be valuable enough to make us happy while using it and dispose of it at the end of its life or in case of a car give it back for a decent price and buy another. Very basic.

Ok, if that is your goal, you should buy the least expensive base car you can find that will in fact do the job of transporting you and what you need from point A to point B. You don't go buying a six digit prices luxury sedan. In the USA, a base Toyota Corolla is a great pick - $22K MSRP, so you max depreciation is $22K. 8 years in, you can likely sell it for $12K, so you get to drive for 8 years for $10K (plus interest on the price of the car). As soon as you start going up in price, even within the Corolla line, your depreciation percentage starts climbing.

This doesn’t apply to the Taycan ( same fate for all the EV).

Taycan is not much different than other six digit prices luxury 4-door sedans. Go buy a loaded BMW 7 ICE series, see what it's worth 4 years down the road - quick googling told me 61.8% depreciation after 4 years in the US. If you want a real shocker, compare the 2022 prices (MSRP+$25K ADM) against today's trade-in prices (so compare 2022 retail to 2024 wholesale) - this what all the alarmists about EV prices are doing. Btw, if you really think 8 year old working Taycans are going to be worth nothing, want to sign a contract with me that you will start providing me with 8 year old Taycans starting in 2027, I'll pay you $1,000 fixed price for each with a minimum 1,000 cars a year. You'll make a million dollars or more per year just for reselling me the cars, unless of course it turns out the Taycans are not worthless after 8 years, then you'll be out a few mil every year. Word of warning though, I couldn't find any 8 year old Model S'es for free in the US market. I sold my 8 year old Model S for over $30K last year.

It’s enjoyable but not valuable. Porsche doesn’t buy it back if you want Jen 1.2. it’s hard to sell second hand, even at a large discount.

Every expensive car is the same. I went through a similar experience trying to sell a two year old 911C4 (all ICE) - ended up selling it for less than half of MSRP. An expensive car is like a boat, the two happiest days in the owner's life are the the day they buy it, then the day they sell it.

Owning a Taycan today is like driving around with a plate hanging off your neck saying: “idiot”

I strongly suggest you stick to buying low-end base (no options) cars with good reliability rating. That's like driving around with a "thrifty" plate hanging off your neck, because it really is.

 

[Crazymind]

Hard to accept defeat. I have always been wise how to spend my money. All the toys I have bought they have costed me nothing in depreciation or very little and some made me money. I bought a 911 convertible before spring this year and sold it a few weeks ago for a profit after having done a few Thousands miles!
Jaguar I pace I had before the Taycan costed me over 3 Years only 12k depreciation. Very reasonable. The Jaguar XF I had traded in for my Ipace costed me over 2 Years 11K. ( they were all brand new). Very reasonable again. I can keep going… I have had the chance to change car quite often ( 16 to 36 months ) with a reasonable loss.
My defender, bought it in July has already done 9k miles and “we buy any car” would offer me today 3k less than what I have paid for it in July. Tempting!
The CT is my wife daily and we will get rid of it when she is done with it. Replacing that will the most expensive ever…

 

[nischalr]

Don’t get me wrong. We all expect to buy cars and lose money. However any good we buy needs to be valuable enough to make us happy while using it and dispose of it at the end of its life or in case of a car give it back for a decent price and buy another. Very basic.
This doesn’t apply to the Taycan ( same fate for all the EV).
It’s enjoyable but not valuable. Porsche doesn’t buy it back if you want Jen 1.2. it’s hard to sell second hand, even at a large discount. After having had 2 owners and 4 years + I bet there will be no market.
Add to this next Year in UK we will pay 600 VED and 5% Bik. It’s game over. We have been Fuc..ed with no lubricant.
Owning a Taycan today is like driving around with a plate hanging off your neck saying: “idiot”

to each their own, I'm loving every minute driving this car and by far the best car I have ever owned, and hence the best value for my personal dollar, overall cost be damned

 

[whitex]

Hard to accept defeat. I have always been wise how to spend my money. All the toys I have bought they have costed me nothing in depreciation or very little and some made me money. I bought a 911 convertible before spring this year and sold it a few weeks ago for a profit after having done a few Thousands miles!
Jaguar I pace I had before the Taycan costed me over 3 Years only 12k depreciation. Very reasonable. The Jaguar XF I had traded in for my Ipace costed me over 2 Years 11K. ( they were all brand new). Very reasonable again. I can keep going… I have had the chance to change car quite often ( 16 to 36 months ) with a reasonable loss.
My defender, bought it in July has already done 9k miles and “we buy any car” would offer me today 3k less than what I have paid for it in July. Tempting!
The CT is my wife daily and we will get rid of it when she is done with it. Replacing that will the most expensive ever…

I used to swap cars often. Started at 16, with my first new car at 18 years old, then kept of swapping cars every couple of years at most. But I stayed with cars like Honda Civic. I would drive for almost nothing (e.g. base Civic costed me $1,000 over 2 years - the only option on it was air bags, which back then was optional). As I started going up in price, I realized depreciation doesn't scale linearly, even the percentage goes up. As I crossed over the six digits price, that's where the real shocker happens. Sure, you can occasionally do well (back in 2022 you could have traded in a two year old Taycan over MSRP, even though they were selling under MSRP 2 years earlier), but that's very market dependent - no different than timing stock purchases. If you want to time the market, do it with stocks (buy low, sell high), which generally don't depreciate over time (market on average goes up), so your upside chances are higher.

If you want to swap cars every 2-3 years, lease with highest down payment possible. At least you will know up front your cost for driving the car.

 

[freeforall]

100% I would buy it again. It gives me the smile each time I look at it or drive it. I don’t see what I can buy else. I plan to keep it for 8 years so I don’t care about the only negative point about it which is depreciation.

Also I don’t regret buying new. This allowed me to maintain it as I wanted (exterior/interior) but most importantly I was able to keep the battery SoH at 99% after 24k kms. Also each time I review the used cars in the market I can’t find one with my spec so new was definitely the right decision for me. I also took 5 years extended warranty so I don’t care about any issues that would happen in the future.

PS: When my Taycan was for repair recently for a week because of a failed onboard charger, they gave me a Cayenne as a loaner. I just hated it. The feeling of seeing and driving my Taycan again cannot be described. Yes I love my car, the ST look, the color, the driving experience, all of it.

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