Taycan starting to look like a bargain

Taycan starting to look like a bargain

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Discussion

ds666

2,642 posts

180 months

Friday 26th April
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How come the bargain Taycan thread has been swamped with Ferrari bores ?

DMZ

1,406 posts

161 months

Saturday 27th April
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Oh I thought they were about the only interesting posts in the whole thread. Taycan depreciation has been through the usual circular discussions many times. It’s maybe not the thread for it, but Ferrari having created a great hybrid drivetrain that surpasses many pure ICE in feel is quite something and it’s curious that it’s met with big depreciation. Obviously the Taycan doesn’t have a unique drivetrain or one that surpasses pure ICE in feel so you’re left with something else that apparently isn’t setting the used car market on fire either.

Frimley111R

15,685 posts

235 months

Saturday 27th April
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ds666 said:
How come the bargain Taycan thread has been swamped with Ferrari bores ?
Swamped? It's only half a page.

MDL111

6,980 posts

178 months

Saturday 27th April
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my bad sorry, started "only" because I posted about comparable depreciation on other cars

raspy

1,509 posts

95 months

Saturday 27th April
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DMZ said:
Oh I thought they were about the only interesting posts in the whole thread. Taycan depreciation has been through the usual circular discussions many times. It’s maybe not the thread for it, but Ferrari having created a great hybrid drivetrain that surpasses many pure ICE in feel is quite something and it’s curious that it’s met with big depreciation. Obviously the Taycan doesn’t have a unique drivetrain or one that surpasses pure ICE in feel so you’re left with something else that apparently isn’t setting the used car market on fire either.
90% of new Taycans are for business customers, and the UK is the 2nd biggest market for new Taycans in the world, so why wouldn't you expect depreciation to be significant in the UK on a Taycan given businesses will be getting rid of them 3-4 years after new, and the tax benefits the business had at new will not be there for private retail buyers on a used Taycan?

andy_ran

578 posts

194 months

Saturday 27th April
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silentbrown said:
I know WBAC valuations take no account of options, but this was an eye-opener:- For the above car... £34,440!
There have been many MANY Taycans going at BCA for mid to low 30s!

epom

11,561 posts

162 months

Saturday 27th April
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What about the Audi e-tron more or less the same thing ??
How are values on those ?

Luke.

11,002 posts

251 months

Saturday 27th April
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epom said:
What about the Audi e-tron more or less the same thing ??
How are values on those ?
They make the Taycan look expensive... Horrific depreciation.

AmitG

3,300 posts

161 months

Saturday 27th April
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raspy said:
the UK is the 2nd biggest market for new Taycans in the world
That is very surprising. Not doubting it for a second, but I was not expecting that.


silentbrown

8,861 posts

117 months

Saturday 27th April
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andy_ran said:
silentbrown said:
I know WBAC valuations take no account of options, but this was an eye-opener:- For the above car... £34,440!
There have been many MANY Taycans going at BCA for mid to low 30s!
But low mileage, high spec 73 plate ones?

SWoll

18,465 posts

259 months

Saturday 27th April
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Luke. said:
epom said:
What about the Audi e-tron more or less the same thing ??
How are values on those ?
They make the Taycan look expensive... Horrific depreciation.
He means the etron GT (Taycan in another frock) not the etron SUV.

Cheapest etron GT on AT is a 71 reg with 30k miles up for £48k so depreciation doesn't look quite so bad at the minute as would have cost around £80k new. 150 for sale versus 750 Taycans plays a big part in that I imagine.

They'll be hitting the 3 year on sale mark in the next 6 months though, so expect a flood of ex-lease cars and significant drop in values.



Edited by SWoll on Saturday 27th April 18:03

Murph7355

37,762 posts

257 months

Saturday 27th April
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ds666 said:
How come the bargain Taycan thread has been swamped with Ferrari bores ?
Nothing compared to those who refuse to believe transport can have anything other than ICE power coming into the EV section of a car forum.

DMZ said:
...Obviously the Taycan doesn’t have a unique drivetrain or one that surpasses pure ICE in feel so you’re left with something else that apparently isn’t setting the used car market on fire either.
"Pure ICE in feel"?

Would that be a Vauxhall Meriva 1.4 petrol pure ICE? A Toyota 2.0 diesel? Or a Volkswagen 1.6FSI one? Lovin the feelz.

Truth is the vast majority of ICE engines are st. Utter st.

Sure, a Ferrari V12 is a thing of beauty. Though I almost spent as much time at service stations filling mine up as I do charging the Taycan and it sure as hell drained my wallet many times faster.

An Audi V8 is an aural delight....though when not on song that fast estate wouldn't see which way my current estate went.

Even a Rover K has its absolute pleasures. But you have to be careful with them (and 110% definitely no mashing the pedal from cold thanks).

I suspect a bigger factor in depreciation of the cars noted is the massively high entry prices of these things, target volumes being higher than previous iterations of similar use case vehicles and rather a large amount of people not having a pot to piss in who were previously able to dodge that using cheap finance that is no longer available.

smile

andy_ran

578 posts

194 months

Saturday 27th April
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silentbrown said:
But low mileage, high spec 73 plate ones?
Sub 20k 2 year old 4S cars

PinkHouse

869 posts

58 months

Saturday 27th April
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andy_ran said:
silentbrown said:
But low mileage, high spec 73 plate ones?
Sub 20k 2 year old 4S cars
What's the cheapest way for a private buyer to get in on one of these deals? Have a friendly dealer bid on your behalf?

Ken_Code

508 posts

3 months

Saturday 27th April
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I looked at (and ordered) a Taycan Turbo S when they first came out before deciding to cancel my order.

I realized that the price was pretty much entirely based on what it’d cost people buying one as a company car so wasn’t “right” for a person just buying one as a normal consumer. I think the spec I wanted was close to £180,000.

I still like the idea of the cross version to replace the Range Rover, but there’s a little way to go on depreciation before I get one.

andy_ran

578 posts

194 months

Sunday 28th April
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PinkHouse said:
What's the cheapest way for a private buyer to get in on one of these deals? Have a friendly dealer bid on your behalf?
Yes that is what I intend to do when my Polestar 2s lease is up later in the year

jrinns

371 posts

184 months

Friday 3rd May
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SWoll said:
He means the etron GT (Taycan in another frock) not the etron SUV.

Cheapest etron GT on AT is a 71 reg with 30k miles up for £48k so depreciation doesn't look quite so bad at the minute as would have cost around £80k new. 150 for sale versus 750 Taycans plays a big part in that I imagine.

They'll be hitting the 3 year on sale mark in the next 6 months though, so expect a flood of ex-lease cars and significant drop in values.



Edited by SWoll on Saturday 27th April 18:03
The main reasons I purchased an Etron-GT was 1. a10k discount on new price (existing build slot), 2. Far too many Taycans around 3. The new price with options is astounding for the Taycan in comparison. Had it nearly a year and its a fantastic all round car (no one wants to hear that tho..)

Gnevans

409 posts

123 months

Friday 3rd May
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jrinns said:
SWoll said:
He means the etron GT (Taycan in another frock) not the etron SUV.

Cheapest etron GT on AT is a 71 reg with 30k miles up for £48k so depreciation doesn't look quite so bad at the minute as would have cost around £80k new. 150 for sale versus 750 Taycans plays a big part in that I imagine.

They'll be hitting the 3 year on sale mark in the next 6 months though, so expect a flood of ex-lease cars and significant drop in values.



Edited by SWoll on Saturday 27th April 18:03
The main reasons I purchased an Etron-GT was 1. a10k discount on new price (existing build slot), 2. Far too many Taycans around 3. The new price with options is astounding for the Taycan in comparison. Had it nearly a year and its a fantastic all round car (no one wants to hear that tho..)
Maybe because it is electric and has no sound… (I have a Taycan so know how you feel).