Taycan starting to look like a bargain
Discussion
Frimley111R said:
....
They'll be great value then but how many people want a large saloon car these days, irrespective of its power source?
Not sure in answer, as the big sellers seem to be SUVs and cross overs - will be interesting to see how the ST/CT does in comparison.They'll be great value then but how many people want a large saloon car these days, irrespective of its power source?
But prices coming down starts to put them alongside things like the Ioniq 5 & 6, or EV6. Nice as those cars are, they aren't close to a Taycan. So the latter's prices coming down will impact the formers' residuals too I would think.
And they then cascade into the other cars out there....
zalrak said:
Nomme de Plum said:
You have an a very skewed idea of depreciation if you think 21% is significant.
I don't think there is anything wrong with my view on depreciation at all. The price has dropped again, 22% now...zalrak said:
Nomme de Plum said:
You have an a very skewed idea of depreciation if you think 21% is significant.
I don't think there is anything wrong with my view on depreciation at all. The price has dropped again, 22% now...The dealer will need to inspect and clean the car make a profit, contribute to company overhead and then charge VAT on the difference from trade in price.
BTW depreciation doesn't stop just because the car hasn't sold. Age and mileage both impact resale value.
Nomme de Plum said:
You still have a very skewed idea of new car depreciation. The minute a person drives a new car out of the garage it will lose circa 20% if said person turns around and changes their mind. This car is still overpriced IMO.
The dealer will need to inspect and clean the car make a profit, contribute to company overhead and then charge VAT on the difference from trade in price.
BTW depreciation doesn't stop just because the car hasn't sold. Age and mileage both impact resale value.
The problem with dealers is that they never reduce the price of a car over the duration its sat on the forecourt. Realistically they should lower the price every month to keep in line with depreciation. Yet all they seem to do is wait 6 months and then lower the price, making out they're offering a discount.The dealer will need to inspect and clean the car make a profit, contribute to company overhead and then charge VAT on the difference from trade in price.
BTW depreciation doesn't stop just because the car hasn't sold. Age and mileage both impact resale value.
"WAS £76,000, SAVE £3,000, NOW £73,000"
Yet attempt to trade in a car when there's a waiting list and, "oh but the PX value we give today won't be applicable in 3 months time as we'll have to factor in the depreciation".
That car has around 1,200 miles on the clock, so pretty much delivery miles plus some demos. So it, in effect, hasn’t left the showroom yet but has still dropped 22%. Add on your 20% drop when it does leave and it now has a value of £62k.
That’s quite startling depreciation in my mind.
That’s quite startling depreciation in my mind.
Edited by zalrak on Thursday 22 February 11:16
Edited by zalrak on Thursday 22 February 11:19
epom said:
zalrak said:
And still there, I guess the market decides its worth. Anyone on here thinking that's good value yet ?zalrak said:
That car has around 1,200 miles on the clock, so pretty much delivery miles plus some demos. So it, in effect, hasn’t left the showroom yet but has still dropped 22%. Add on your 20% drop when it does leave and it now has a value of £62k.
That’s quite startling depreciation in my mind.
It may be in your mind but I'm posting on the reality of the used car market. Puely anecdotal but when the 911 (991 model) came out a friend sold back his less than 3 month old car to Porsche he lost over £26K on the £100K price he paid. That's for a premium and specialist car which was in relatively short supply at the time. That’s quite startling depreciation in my mind.
Edited by zalrak on Thursday 22 February 11:16
Edited by zalrak on Thursday 22 February 11:19
The loss of just 22% for this car seems unrealistically low to me. It's about to be 9 months old and with the new registration due ands the new model already announced.
Frimley111R said:
epom said:
zalrak said:
And still there, I guess the market decides its worth. Anyone on here thinking that's good value yet ?Gassing Station | EV and Alternative Fuels | Top of Page | What's New | My Stuff