Discounts on new Taycans?

Discounts on new Taycans?

Author
Discussion

phib

4,464 posts

260 months

Friday 8th December 2023
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Stu-nph26 said:
Just another £10k to drop and it'll be half price in under 2 years - https://finder.porsche.com/gb/en-GB/details/porsch...
My first turbo was 50% of price I paid for it after two years and 36k miles, I expect my now turbo S will be the same.

On 4 door high value depreciating cars its always the same unless they are limited.

Phib

Murph7355

37,767 posts

257 months

Saturday 9th December 2023
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Stu-nph26 said:
Agree on the spec but I think there'll be plenty more in the not too distant future
There have been very well spec'd ones for 7-10k more.

There's been a strange and brief period on Taycans where they were depreciation proof. It was never going to last.

The good thing is that non-tyres kickers can now get into an exceptional car for much less outlay smile

phib

4,464 posts

260 months

Sunday 10th December 2023
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Murph7355 said:
Stu-nph26 said:
Agree on the spec but I think there'll be plenty more in the not too distant future
There have been very well spec'd ones for 7-10k more.

There's been a strange and brief period on Taycans where they were depreciation proof. It was never going to last.

The good thing is that non-tyres kickers can now get into an exceptional car for much less outlay smile
Have to 100% agree and I have to say my new one is in a very weird way has a similar feel to my old TVR griffiths ie in anything but warm dry road it tries to Kill you if you don’t respect it !!

Phib

CrispyRice

50 posts

139 months

Sunday 10th December 2023
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That’s what I love about mine, it’s a drift machine!!!

Murph7355

37,767 posts

257 months

Sunday 10th December 2023
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phib said:
Have to 100% agree and I have to say my new one is in a very weird way has a similar feel to my old TVR griffiths ie in anything but warm dry road it tries to Kill you if you don’t respect it !!

Phib
Mine did step out on me the other day, but totally a result of not being sensible (and it was easily gathered).

It's so competent that it's easy to forget it has 600bhp smile

_speedyellow_

130 posts

183 months

Saturday 23rd December 2023
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Discombobulate said:
Well I am trying to but a Taycan ST (nearly new) and while discounts look good against rrp (as per latest price rise), most dealers aren't blinking yet and don't seem that keen to haggle down much from advertised price. The best deals are on nearly new Turbos - but still bloody expensive as most are very highly specced with stuff I don't need. There is a 30k spread between trade and retail on many Taycans based on my calls this week.

Sitting on my hands for now.

Edited by Discombobulate on Saturday 11th November 15:36
Alongside considerations towards a 911 I am still thinking about the practicality of 4 full seats and 0-60 in 3 seconds without ever going near a petrol station. Have you had any further progress?
I spoke to my dealer and a couple of others in the last week - still no movement but I will be in an OPC to look at a car next Sat and as its the 30th Dec prepared to strike a deal if one compelling enough comes in.

Exystenshalist

12 posts

5 months

Tuesday 2nd January
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Hi All - first post.

I'm looking to buy a Taycan CT T. Company buy. I've specced one out at around £150K with options.

The car could be put on lease or could be purchased outright.

How would people go about getting the best deal / what discount should I expect? Can I even get a deal if I put in a custom order? I'm sure I'd get the best deal on a new car already in stock. But I've looked at the stock that is new at Porsche across the UK but I'm not seeing anything that would really work.

I'm speaking to my local Porsche dealer end of the week. Never owned a Porsche before (nor made a custom order) so any advice much appreciated.

Happy New Year!

Stu-nph26

2,002 posts

106 months

Tuesday 2nd January
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I managed to get a 27k discount on a 108k car simply phoning round the different dealers. Ended up going with Porsche Preston were very keen to get my business I can give you a contact if you like?

The car is sensational btw I really love it.

phib

4,464 posts

260 months

Tuesday 2nd January
quotequote all
Exystenshalist said:
Hi All - first post.

I'm looking to buy a Taycan CT T. Company buy. I've specced one out at around £150K with options.

The car could be put on lease or could be purchased outright.

How would people go about getting the best deal / what discount should I expect? Can I even get a deal if I put in a custom order? I'm sure I'd get the best deal on a new car already in stock. But I've looked at the stock that is new at Porsche across the UK but I'm not seeing anything that would really work.

I'm speaking to my local Porsche dealer end of the week. Never owned a Porsche before (nor made a custom order) so any advice much appreciated.

Happy New Year!
Porsche arent taking any custom orders (in the UK) on Taycans untill the new model is released and I dont belive there will be a deals on the new models and I assume a price increase !

So my belief is that the only cars availible until the middle of next year is the existing stock

Grantstown

974 posts

88 months

Tuesday 2nd January
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https://www.goodwood.com/grr/road/news/2024/1/pors...

Looks like Porsche will be tempting people with what it does best; going flipping fast!

EC2

1,481 posts

254 months

Tuesday 2nd January
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Grantstown said:
https://www.goodwood.com/grr/road/news/2024/1/pors...

Looks like Porsche will be tempting people with what it does best; going flipping fast!
Yep but a petrol supercar can do that for longer on a drive/circuit than a top end BEV that will need a recharge after one lap.

Grantstown

974 posts

88 months

Tuesday 2nd January
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EC2 said:
Yep but a petrol supercar can do that for longer on a drive/circuit than a top end BEV that will need a recharge after one lap.
One thing I’ve noticed is that my electric consumption doesn’t go up much when thrashing it. In my 911, I can range from 5 mpg to 35 mpg. People can take their Taycan and do some quick laps if they want, but most Porsche drivers and even 911 drivers don’t even do that. I suppose at least we now know that Taycans can go around corners quick.

Murph7355

37,767 posts

257 months

Tuesday 2nd January
quotequote all
Exystenshalist said:
Hi All - first post.

I'm looking to buy a Taycan CT T. Company buy. I've specced one out at around £150K with options.

The car could be put on lease or could be purchased outright.

How would people go about getting the best deal / what discount should I expect? Can I even get a deal if I put in a custom order? I'm sure I'd get the best deal on a new car already in stock. But I've looked at the stock that is new at Porsche across the UK but I'm not seeing anything that would really work.

I'm speaking to my local Porsche dealer end of the week. Never owned a Porsche before (nor made a custom order) so any advice much appreciated.

Happy New Year!
As noted above, I don't think they are taking custom orders now. And even if they were, I wouldn't touch one at present.

Find the best compromise current stock. Look across Turbo and Turbo S (even 4S). Look at those that have been on the lot for a while.

Car does not have to be brand new. Ex-demo works for all company tax perks.

But also don't discount used. The depreciation/ability to haggle harder may offset tax breaks.

Sport_Turismo_GTS

878 posts

30 months

Tuesday 2nd January
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Grantstown said:
One thing I’ve noticed is that my electric consumption doesn’t go up much when thrashing it. In my 911, I can range from 5 mpg to 35 mpg. People can take their Taycan and do some quick laps if they want, but most Porsche drivers and even 911 drivers don’t even do that. I suppose at least we now know that Taycans can go around corners quick.
I made a similar comment earlier in this thread (or a similar one) - consumption isn’t changed much by hard driving.

Exystenshalist

12 posts

5 months

Tuesday 2nd January
quotequote all
Stu-nph26 said:
I managed to get a 27k discount on a 108k car simply phoning round the different dealers. Ended up going with Porsche Preston were very keen to get my business I can give you a contact if you like?

The car is sensational btw I really love it.
Thanks - really appreciate this. Was that 27K off 108K list price or off 108K advertised price (with higher list)? I'm seeing a lot of cars that are e.g. 134K but configurator says list price is 170. So they're already 'reduced'. But if you could get another 27K off the 'reduced' price then it would start to look very interesting.

Exystenshalist

12 posts

5 months

Tuesday 2nd January
quotequote all
phib said:
Porsche arent taking any custom orders (in the UK) on Taycans untill the new model is released and I dont belive there will be a deals on the new models and I assume a price increase !

So my belief is that the only cars availible until the middle of next year is the existing stock
Thanks for this - much appreciated. Is there a consensus on whether we've already seen peak Porsche unsold stock or is this likely to rise in the next few weeks / months?

Exystenshalist

12 posts

5 months

Tuesday 2nd January
quotequote all
Murph7355 said:
Car does not have to be brand new. Ex-demo works for all company tax perks.

But also don't discount used. The depreciation/ability to haggle harder may offset tax breaks.
Thank you - are you sure about the ex-demo point?

On gov site it says:

"What qualifies
You can claim ‘enhanced capital allowances’ (a type of 100% first year allowance) for the following equipment, which must be new and unused:
electric cars and cars with zero CO2 emissions"

I'll check with my accountant but if this is correct it will really open up the pool of cars I can consider.

Very good thought on used. I was thinking that some of the deals could be so good for used that it might work out best even without the tax advantages. However, on the gov site it says that for a second-hand electric car you can still claim 18% of the value of the car. So from the sound of it you still get some benefit which potentially could make used deals even more attractive.

jrinns

371 posts

184 months

Wednesday 3rd January
quotequote all
Exystenshalist said:
Murph7355 said:
Car does not have to be brand new. Ex-demo works for all company tax perks.

But also don't discount used. The depreciation/ability to haggle harder may offset tax breaks.
Thank you - are you sure about the ex-demo point?

On gov site it says:

"What qualifies
You can claim ‘enhanced capital allowances’ (a type of 100% first year allowance) for the following equipment, which must be new and unused:
electric cars and cars with zero CO2 emissions"

I'll check with my accountant but if this is correct it will really open up the pool of cars I can consider.

Very good thought on used. I was thinking that some of the deals could be so good for used that it might work out best even without the tax advantages. However, on the gov site it says that for a second-hand electric car you can still claim 18% of the value of the car. So from the sound of it you still get some benefit which potentially could make used deals even more attractive.
AIA on a used will be a percentage of 18% of the car is my understanding. so if corp tax rate is 25% , this would be a 100000 (car) , 18k is the AIA amount and 25% of this is your depreciation. 4.5 k ? that is my understanding, it could be incorrect so speak to an accountant. but then you have a similar equation year 2 and so on..

for a new Or demo EV you would be writing off 25k year one, but be subject to paying tax on the amount if you ever sold the car. it swings in roundabouts i guess.

Murph7355

37,767 posts

257 months

Wednesday 3rd January
quotequote all
Exystenshalist said:
Thank you - are you sure about the ex-demo point?

On gov site it says:

"What qualifies
You can claim ‘enhanced capital allowances’ (a type of 100% first year allowance) for the following equipment, which must be new and unused:
electric cars and cars with zero CO2 emissions"

I'll check with my accountant but if this is correct it will really open up the pool of cars I can consider.

Very good thought on used. I was thinking that some of the deals could be so good for used that it might work out best even without the tax advantages. However, on the gov site it says that for a second-hand electric car you can still claim 18% of the value of the car. So from the sound of it you still get some benefit which potentially could make used deals even more attractive.
99% sure it applies to ex-demo. But confirm with your accountant.

The full allowance gambit may not always be the cheapest way to own one... Though with residuals being hit, that may have changed.

Stu-nph26

2,002 posts

106 months

Wednesday 3rd January
quotequote all
Ex demo is fine I went new in the end but my accountant confirmed and this is from gov.uk