Would you buy a Taycan again?

[Jonathan S.]

Ah, okay.
That would definitely be a big hit. Although I'm sure some other dealers would offer more than that. Definitely a private part sale would do better.

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[DerekS]

I absolutely would not. Depreciation is too severe and the repair costs and frequency are too high.

Like some of the other sentiments this might end my relationship with Porsche.

 

[kmcdonal]

I had a 2020 Taycan, sold it due to personal circumstances and just got a 2025. Between the two cars I have about 25K miles in a Taycan. I had one temporary issue with the 2020 but otherwise have been trouble-free with both cars. It does seem like depreciation is pretty steep these days, but I love driving the Taycan and plan to keep my 2025 for a while so I am not focused on depreciation.

 

[whitex]

I wanted to buy a 2025 so I went to the dealer & that is what they offered me for a trade in.

You do realize it is their job to lowball you, right? This is especially true for dealers owned by large conglomerates (a company owning a lot of dealerships of various brands). The first number you get is the STARTING POINT of the negotiation. This is where negotiation skills come into play. You want a 2025, they want to sell it to you. No, 2025's are not flying off the lots like some dealers would like to you believe (check recently released Porsche sales numbers). They want to lowball you on trade in, lowball them on the new one - tell them you can't pay more since you expect the new one to drop as much as your trade-in did. Be willing to walk away, but do your research to know the price point at which they are no longer making money, so no point to try to negotiate at or below that.

If you don't like negotiating prices, go Tesla direct sales - prices vary from week to week instead of hidden incentives to dealers, but it levels the playing field - everyone pays the same on a particular day. Their trade-ins are low, but again, no negotiations, so leveled playing field between those who can negotiate and those who prefer not to (or can't). To be honest, I can negotiate, got my Taycan under MSRP during the pandemic craze, and even managed to negotiate on a Tesla once (out of 4 times), but I still hate it. There is something very easy and comfortable about Tesla's direct sales model buying experience.

Did you at least shop around different dealers within a few hundred miles? I ended up buying my Taycan from your end of the country (SC), drove it home 3,500 miles across the country in the middle of winter too. Yes, I could have shipped the car for similar cost as the travel, but where is the fun in that? I am "crazy like that" as my wife puts it.

 

[mrssam92]

You do realize it is their job to lowball you, right? This is especially true for dealers owned by large conglomerates (a company owning a lot of dealerships of various brands). The first number you get is the STARTING POINT of the negotiation. This is where negotiation skills come into play. You want a 2025, they want to sell it to you. No, 2025's are not flying off the lots like some dealers would like to you believe (check recently released Porsche sales numbers). They want to lowball you on trade in, lowball them on the new one - tell them you can't pay more since you expect the new one to drop as much as your trade-in did. Be willing to walk away, but do your research to know the price point at which they are no longer making money, so no point to try to negotiate at or below that.

If you don't like negotiating prices, go Tesla direct sales - prices vary from week to week instead of hidden incentives to dealers, but it levels the playing field - everyone pays the same on a particular day. Their trade-ins are low, but again, no negotiations, so leveled playing field between those who can negotiate and those who prefer not to (or can't). To be honest, I can negotiate, got my Taycan under MSRP during the pandemic craze, and even managed to negotiate on a Tesla once (out of 4 times), but I still hate it. There is something very easy and comfortable about Tesla's direct sales model buying experience.

Did you at least shop around different dealers within a few hundred miles? I ended up buying my Taycan from your end of the country (SC), drove it home 3,500 miles across the country in the middle of winter too. Yes, I could have shipped the car for similar cost as the travel, but where is the fun in that? I am "crazy like that" as my wife puts it.

Hey, thanks so much for the info. No, Porsche out of Cary won't budge. Wanted to transfer one in from IN to my local dealer in Wilimington NC & that was what they offered. I'll do some digging. Do appreciate your input!!

 

[SteveDC]

In reading the forum, there seem to be many gremlins impacting the Taycan, and frankly, there are over 400 used and CPO vehicles listed for sale here in the US.

Seems like quite a few issues and campaigns, and now the PCM update. If you had to do it all again, would you still buy a Taycan? I agree they are EV, high-tech and great driving cars, but as a pending new owner, am I in for a world of headaches moving from a Cayenne to a Taycan?

Yes, and yes. ?

 

[alexsas]

I would absolutely not. The Porsche ecosystem is rotten on all levels - and I have had it all in 10 months of privilege of owning this car: from endless recalls (bad engineering), breakdowns (craftmanship, attitude to reliability), clueless and borderline negligent dealer (arrogant but hopeless when comes to fixing problems), "Porsche" assistance smashing the car (and Porsche UK wanted to know nothing about their "trusted partner"...
And all that after paying them good money for the car...

 

[A.Mayor]

Hey, thanks so much for the info. No, Porsche out of Cary won't budge. Wanted to transfer one in from IN to my local dealer in Wilimington NC & that was what they offered. I'll do some digging. Do appreciate your input!!

I think it’s going to be a pointless exercise. Supply is being constrained to align with demand.

Just because sales figures are down doesn’t necessarily mean it’s a buyer’s market — the company remains financially stable.

As mentioned before, dealers will always offer lower prices because they need to make a profit too. Beyond storage costs, prep work, and recertification (for extended warranties), there has to be an inherent upside for them.

Small discounts can always be negotiated, but significant discounts aren’t true bargains (you haven’t snagged a deal); they’re just presented that way. In reality, the only one losing money is the government’s coffers.

Fire-sale discounts only happen when there’s an oversupply and the overall market is in a serious downturn.

Note that most experienced salespeople are well-versed in all counter-negotiation tactics, so the chances of these successfully working are rare.

On another note, spending upwards of $100K to $200K on a Porsche doesn’t necessarily mean you’ll receive any special treatment—beyond the initial pleasantries. Many expect the “Porsche experience” to reflect the luxury price tag, but that’s really not the case. Ironically, to get real bang for your buck in terms of special treatment, you’d be better off spending over $100K at a Toyota dealership, where the treatment probably might exceed your expectations for that amount.

Regarding depreciative pressures:
The Taycan also attracted some ill-suited would-be owners and buyers who had never interacted with the brand before. Porsche has never promised cheap service costs but has always pledged a long service life for its products — albeit at a steep price. Some mistakenly assumed that, because it’s a Porsche, the car would automatically appreciate in value, hoping to flip it for a profit. They overlooked the fact that appreciation (if it happens) only occurs in the long term, and thus requires holding the car for several years. Porsche’s inexperience and growing pains during its foray into electric vehicles with the Taycan didn’t help matters either.

Good luck anyway in finding the car of your dreams!

 

[Draman]

I love the car but there's no way I would buy another, at least not new. My prior car was a 2015 BMW M6 GC, MSRP $130k, bought for $120k. I kept that car until 2022, 120k miles and sold it for $50k. My 2021 Taycan Turbo was $188k MSRP, paid sticker. Now 3 years and 25k miles later I get offers of $60k. I have never seen a depreciation curve this extreme in my life

 

[snstevens]

Can you please add a Poll to this Post? Perhaps offer a range of responses --

• 5 - Definitely would buy again
• 4 - Very likely, but would look around
• 3 - Uncertain
• 2 - Probably wouldn't buy again
• 1 - Absolutely would not buy again

 

[Freeewilly]

I love the car but there's no way I would buy another, at least not new. My prior car was a 2015 BMW M6 GC, MSRP $130k, bought for $120k. I kept that car until 2022, 120k miles and sold it for $50k. My 2021 Taycan Turbo was $188k MSRP, paid sticker. Now 3 years and 25k miles later I get offers of $60k. I have never seen a depreciation curve this extreme in my life

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.

 

[Vfr750Rouge]

I absolutely would not. Depreciation is too severe and the repair costs and frequency are too high.

Like some of the other sentiments this might end my relationship with Porsche.

Totally agree, long time loyal Porsche customer - While I do like the Taycan, the way all issues are managed, will likely turn me off from this brand and behaviors....

 

[RAHRCR]

Yes I would buy again. No question. I would be constantly wondering “what if?” If I didn’t. The only thing I would have done differently is wait a few months on new or possibly buy used. Would have been nice to save a few bucks but in the end, I am not worried about that. The enjoyment is totally worth it.

 

[whitex]

Hey, thanks so much for the info. No, Porsche out of Cary won't budge. Wanted to transfer one in from IN to my local dealer in Wilimington NC & that was what they offered. I'll do some digging. Do appreciate your input!!

Shop around. Doesn't cost very much to make a few calls (or send emails). The closest to you dealer knows they have a convenient locations, so they can charge you more. The guys farther away know that unless they beat the closer guy, you're not coming. Also, be prepared they will probably start at a lower trade-in, full price, but practice some negotiating - it's nowhere near as hard as it was during the pandemic when the dealers held all the cards.

 

[whitex]

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.

^THIS is very true. The car market was completely messed up, and it was the peak of the craziness too. If we are going to compare depreciations in 2022, some 2 year old Taycans were being traded-in at MSRP (sold above that of course) - let's see any car do that today, buy it, drive it for two years, trade it in for same price as you bought it.

In decades of my car buying experience (and I used to swap cars a lot, and negotiate car deals for friends and family), there was only one time ever that I paid over MSRP for a car, and that was in 2022, oh, and it was 2 years old car with 3k miles on in, and it was a base model Toyota Corolla!

Cars weren't the only item going hot like that. A family member thought they hit a jackpot when someone offered them well over MSRP for their couple years old graphics card. Without much thought he ripped it out of his computer and sold it on the spot for cash, thinking they can buy the latest generation at MSRP and still have money leftover. The poor kid (ok 20 yo) was crying shortly after the sale, after realizing all new high end graphics cards were going at 2x-4x MSRP (if you could find one too).

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