Discounts on new Taycans?
Discussion
They have so many unsold new Taycans I don’t no how they are going to shift them, they want around £25k down followed by over £1500 a month for 36 months then walk away with nothing at the end. I don’t know who is going to sign up for this kind of deal, those days are long gone.
They only way to shift them is with deposit contributions and super low APR for a few months until the 24 models come out early next year.
They only way to shift them is with deposit contributions and super low APR for a few months until the 24 models come out early next year.
W12GT said:
Talking to a dealer yesterday who said Tesla have created this issue because they’ve discounted their cars, are offering 0% finance and because they have a decent range. This was an OPC and he said they are finding it very difficult to shift any Taycans be they new or used. This raises the question of what’s gooojg to happen to prices. I’m wondering if we will see OPC cars under £50k come the new year, for clarity I’m not saying newer ones, I mean the earlier cars.
OPC has got that wrong….this is not an issue Tesla have created…they have a product that is more competitive than Porsche’s. Porsche have created the issue by developing a product that isn’t as competitive. The Taycan is a better car to drive and is better built than a Tesla…that’s clear…..but it’s not very efficient and that’s what a lot of EV buyers want. As had been said on here numerous times 90% of Taycan buyers are people who are running the cars through their business. For whatever reason that has stoppedI also wouldn’t say Tesla aren’t discounting….they’ve reduced prices to maintain market share…they know they can make EV’s cheaper than anyone else pretty much so they’re giving the established OEM’s a real headache. Ford lose $36k on every EV they make…
Cheib said:
OPC has got that wrong….this is not an issue Tesla have created…they have a product that is more competitive than Porsche’s. Porsche have created the issue by developing a product that isn’t as competitive. The Taycan is a better car to drive and is better built than a Tesla…that’s clear…..but it’s not very efficient and that’s what a lot of EV buyers want. As had been said on here numerous times 90% of Taycan buyers are people who are running the cars through their business. For whatever reason that has stopped
I also wouldn’t say Tesla aren’t discounting….they’ve reduced prices to maintain market share…they know they can make EV’s cheaper than anyone else pretty much so they’re giving the established OEM’s a real headache. Ford lose $36k on every EV they make…
Tesla have been a major disruptor in the car industry.I also wouldn’t say Tesla aren’t discounting….they’ve reduced prices to maintain market share…they know they can make EV’s cheaper than anyone else pretty much so they’re giving the established OEM’s a real headache. Ford lose $36k on every EV they make…
A tesla at 500pm vs a taycan at 1300pm requires the porsche to be a substantially better car, which was not my experience
For 2023/2024 and 2024/2025 financial years BIK on electric cars is set at 2%. After this it will increase 1% per year, reaching 5% by 2027/2028
When it was only 1% it was easier for business owners in that it was almost 'free company car motoring' but as it tickets up the maths speak for themselves each 1% on a 160k Taycan Turbo S is more than double given the cost of a Tesla if many cases is 50% or less than a Taycan
When it was only 1% it was easier for business owners in that it was almost 'free company car motoring' but as it tickets up the maths speak for themselves each 1% on a 160k Taycan Turbo S is more than double given the cost of a Tesla if many cases is 50% or less than a Taycan
Tesla are also respecting the fact that the Chinese are making huge strides in this market.
For a stylish, economical and reasonably priced car ... Tesla want to be, need to be, in with a shout.
Porsche by comparison are trying to lever their brand values ... which they appear to have compromised in the GT world which has for many years led the brand.
If Porsche wish to be successful at the Tesla level, they had better get stuck in. If they do, this would appear to leave the current Taycan at the current price, high and dry.
For a stylish, economical and reasonably priced car ... Tesla want to be, need to be, in with a shout.
Porsche by comparison are trying to lever their brand values ... which they appear to have compromised in the GT world which has for many years led the brand.
If Porsche wish to be successful at the Tesla level, they had better get stuck in. If they do, this would appear to leave the current Taycan at the current price, high and dry.
kemik77 said:
For 2023/2024 and 2024/2025 financial years BIK on electric cars is set at 2%. After this it will increase 1% per year, reaching 5% by 2027/2028
When it was only 1% it was easier for business owners in that it was almost 'free company car motoring' but as it tickets up the maths speak for themselves each 1% on a 160k Taycan Turbo S is more than double given the cost of a Tesla if many cases is 50% or less than a Taycan
There were also tax allowances on capital spending that effectively reduced the real cost of the car by the tax savings.When it was only 1% it was easier for business owners in that it was almost 'free company car motoring' but as it tickets up the maths speak for themselves each 1% on a 160k Taycan Turbo S is more than double given the cost of a Tesla if many cases is 50% or less than a Taycan
Wanting to replace our 2020 Tesla Model 3P we had on lease, we started the hunt.
So back in March I ordered at Taycan GTS at £114k with £1k discount, cancelled order with end of May delivery. Something just told me it wasn`t right. So the next day I asked for my £5k back
Best decision I ever made, what a bath me and my company would have taken
Instead hit on a Brand New Tesla Model3P in July with a £11k discount and 6,000 free supercharger miles. Ok so it`ll still lose but not to the tune of the Taycan GTS. Shame because I did like it
So back in March I ordered at Taycan GTS at £114k with £1k discount, cancelled order with end of May delivery. Something just told me it wasn`t right. So the next day I asked for my £5k back
Best decision I ever made, what a bath me and my company would have taken
Instead hit on a Brand New Tesla Model3P in July with a £11k discount and 6,000 free supercharger miles. Ok so it`ll still lose but not to the tune of the Taycan GTS. Shame because I did like it
forest172 said:
Wanting to replace our 2020 Tesla Model 3P we had on lease, we started the hunt.
So back in March I ordered at Taycan GTS at £114k with £1k discount, cancelled order with end of May delivery. Something just told me it wasn`t right. So the next day I asked for my £5k back
Best decision I ever made, what a bath me and my company would have taken
Instead hit on a Brand New Tesla Model3P in July with a £11k discount and 6,000 free supercharger miles. Ok so it`ll still lose but not to the tune of the Taycan GTS. Shame because I did like it
This sums up the issue in the market. If these cars had an engine you would never compare the Porsche to a Tesla model 3. But, as they are electric they are competing. That is why Porsche can't differentiate their product to justify the premium. Once the market matures and the technology can deliver on the promises we will see manufacturers come back to their core brand.So back in March I ordered at Taycan GTS at £114k with £1k discount, cancelled order with end of May delivery. Something just told me it wasn`t right. So the next day I asked for my £5k back
Best decision I ever made, what a bath me and my company would have taken
Instead hit on a Brand New Tesla Model3P in July with a £11k discount and 6,000 free supercharger miles. Ok so it`ll still lose but not to the tune of the Taycan GTS. Shame because I did like it
h0b0 said:
This sums up the issue in the market. If these cars had an engine you would never compare the Porsche to a Tesla model 3. But, as they are electric they are competing. That is why Porsche can't differentiate their product to justify the premium. Once the market matures and the technology can deliver on the promises we will see manufacturers come back to their core brand.
Yep, large leaps in technology lead to cheaper prices for consumers. Has happened in many sectors and the auto sector regularly tries to argue with it but large scale production processes ultimately lead to opportunities to chase volume with lower prices. It will be really interesting to see how this one goes but Porsche needs to get on top of technological changes as in BEVs it is a follower not a leader hence the Taycan problem which is a shame as it is really good looking car.EC2 said:
h0b0 said:
This sums up the issue in the market. If these cars had an engine you would never compare the Porsche to a Tesla model 3. But, as they are electric they are competing. That is why Porsche can't differentiate their product to justify the premium. Once the market matures and the technology can deliver on the promises we will see manufacturers come back to their core brand.
Yep, large leaps in technology lead to cheaper prices for consumers. Has happened in many sectors and the auto sector regularly tries to argue with it but large scale production processes ultimately lead to opportunities to chase volume with lower prices. It will be really interesting to see how this one goes but Porsche needs to get on top of technological changes as in BEVs it is a follower not a leader hence the Taycan problem which is a shame as it is really good looking car.h0b0 said:
This sums up the issue in the market. If these cars had an engine you would never compare the Porsche to a Tesla model 3. But, as they are electric they are competing. That is why Porsche can't differentiate their product to justify the premium. Once the market matures and the technology can deliver on the promises we will see manufacturers come back to their core brand.
I struggle to see how EVs can be differentiated at all, even in the near future. A battery is a battery.The only thing I can think of is range improvements, but that still won't justify the massive difference in price tags. Even in terms of speed, with the model s plaid at 2 seconds 0-60, I can't see acceleration being a major development/selling point either.
Would be keen to hear your thoughts
Gullwings said:
h0b0 said:
This sums up the issue in the market. If these cars had an engine you would never compare the Porsche to a Tesla model 3. But, as they are electric they are competing. That is why Porsche can't differentiate their product to justify the premium. Once the market matures and the technology can deliver on the promises we will see manufacturers come back to their core brand.
I struggle to see how EVs can be differentiated at all, even in the near future. A battery is a battery.The only thing I can think of is range improvements, but that still won't justify the massive difference in price tags. Even in terms of speed, with the model s plaid at 2 seconds 0-60, I can't see acceleration being a major development/selling point either.
Would be keen to hear your thoughts
h0b0 said:
This sums up the issue in the market. If these cars had an engine you would never compare the Porsche to a Tesla model 3. But, as they are electric they are competing. That is why Porsche can't differentiate their product to justify the premium. Once the market matures and the technology can deliver on the promises we will see manufacturers come back to their core brand.
To look at, sit in and to drive they are as much a competitor as an ICE Porsche is to a Toyota or Honda.There really is no comparison.
The problem is that Porsche have lost grip of production volumes to sales potential. They've hit something of a perfect storm with supply chain issues, tax breaks, leases then cost of living issues and war....on a premium product.
The simple answer is to buy one of the new or used cars sat in a lot at a big discount. You're still going to get hit with depreciation (Porsche were always riding a false wave there IMO)....But not as much.
And you end up with a very significantly nicer car to drive.
There's really nothing wrong with buying a Tesla. If that suits budget and function better, then buy one. But they're not competing.
Gullwings said:
I struggle to see how EVs can be differentiated at all, even in the near future. A battery is a battery.
The only thing I can think of is range improvements, but that still won't justify the massive difference in price tags. Even in terms of speed, with the model s plaid at 2 seconds 0-60, I can't see acceleration being a major development/selling point either.
Would be keen to hear your thoughts
That’s a bit like saying you can’t differentiate a Bentley from a VW. An engine is an engine?The only thing I can think of is range improvements, but that still won't justify the massive difference in price tags. Even in terms of speed, with the model s plaid at 2 seconds 0-60, I can't see acceleration being a major development/selling point either.
Would be keen to hear your thoughts
Spend time in a Taycan (mine is the most rounded daily I’ve ever had) and you quickly notice what the extra money gets you. Steering, handling, ride quality, etc way ahead of Tesla (as it should be given the cost). A 0-60 time has never been the measure of a vehicles attributes. Otherwise we’d all be driving Golf R’s (which are obviously the best car in the world) rather than supercrs
Some suggest that the economy of the Taycan is poor ... is this down to the way in which the cars are being driven (in which case a Tesla might be the same) or is it a characteristic of the car ?
Range is a critical issue ...
The other thing is that it is a large car wishing to be a sports car ... does this really work ?
I shall be interested to see how the new E-Boxster performs in this respect.
Range is a critical issue ...
The other thing is that it is a large car wishing to be a sports car ... does this really work ?
I shall be interested to see how the new E-Boxster performs in this respect.
I don’t think range or charge speed explain the depreciation. Whoever bought it first was fine with it and lots of others can use a car with 200+ mile range without much issue. The problem is that when you’re buying it used there is no incentive other than lower fuel cost so the used buyer makes a totally different calculation than the first buyer who wrote the lease cost off against tax. It doesn’t matter that a Taycan is better at some things than a Tesla when the used car buyer’s choice is a Taycan vs any ICE. I’m struggling to think why I would pay much of a premium for a used Taycan when I can choose from a large selection of very nice used cars.
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