Discounts on new Taycans?
Discussion
GT3ZZZ said:
They're massively overpriced from new, only supply chain issues kept them high.
All unwinding now, plenty new unregistered for sale on the PCGB site, heater and software issues must be a factor too.
And then there's the next gen of EV's just around the corner with new better battery hardware and a range of 400 miles+. No software update on 1.0 tech can get near to that.
Avoid.
Indeed. I can’t help thinking the current high performance / high weight EVs - Taycan, etron GT etc., will become the electrical equivalent of a gas guzzler within a couple of years. Interesting news from the largest EV battery manufacturer CATL : https://www.autocar.co.uk/car-news/new-cars/new-ul...All unwinding now, plenty new unregistered for sale on the PCGB site, heater and software issues must be a factor too.
And then there's the next gen of EV's just around the corner with new better battery hardware and a range of 400 miles+. No software update on 1.0 tech can get near to that.
Avoid.
Nuttcase said:
Indeed. I can’t help thinking the current high performance / high weight EVs - Taycan, etron GT etc., will become the electrical equivalent of a gas guzzler within a couple of years. Interesting news from the largest EV battery manufacturer CATL : https://www.autocar.co.uk/car-news/new-cars/new-ul...
This is a interesting Podcast on EV's https://podcasts.apple.com/gb/podcast/car-chat/id1...
He makes the point that people should be looking at "miles per kw" and not range. With efficient EV's (not Tayans!) and fast charging he points out that its possible to get decent range in a relatively short time period.
The problem with EV's is not just the charging infrastructure it is OEM's focusing on 0-60 times and not efficiency.
GT3ZZZ said:
They're massively overpriced from new, only supply chain issues kept them high.
All unwinding now, plenty new unregistered for sale on the PCGB site, heater and software issues must be a factor too.
And then there's the next gen of EV's just around the corner with new better battery hardware and a range of 400 miles+. No software update on 1.0 tech can get near to that.
Avoid.
Cars are entering IBM buyers mode.....All unwinding now, plenty new unregistered for sale on the PCGB site, heater and software issues must be a factor too.
And then there's the next gen of EV's just around the corner with new better battery hardware and a range of 400 miles+. No software update on 1.0 tech can get near to that.
Avoid.
wait for the next chip
Where in the country is that?
Despite thinking it would be best to wait another 6-12mths, I've been keeping an eye on prices as would still like one. At the right price
Dealer cars are definitely softening, with good spec cars at least 10% off list at just 4mths old... Yes, quite a few start being advertised at list, but they start to drop pretty quickly.
I then had a quick look at Autotrader, and non-dealer cars are another 10-20% lower still. Not many of them with the spec I'd want yet, but they're appearring.
I had an order in (cancelled in Jan) for a GTS that would have ended up 132-135k. Similarly spec'd dealer cars are 110-118k at present (and not shifting)... And there are a couple of non-dealer cars at 97-98k. Very nearly jumped at a 4S CT that had a great spec and was at a dealer for 81k...
Great cars, but not wanting to take a proper bath. Am thinking next year might see another decent drop as the face lift will be closer and interest rate rises biting harder.
Despite thinking it would be best to wait another 6-12mths, I've been keeping an eye on prices as would still like one. At the right price
Dealer cars are definitely softening, with good spec cars at least 10% off list at just 4mths old... Yes, quite a few start being advertised at list, but they start to drop pretty quickly.
I then had a quick look at Autotrader, and non-dealer cars are another 10-20% lower still. Not many of them with the spec I'd want yet, but they're appearring.
I had an order in (cancelled in Jan) for a GTS that would have ended up 132-135k. Similarly spec'd dealer cars are 110-118k at present (and not shifting)... And there are a couple of non-dealer cars at 97-98k. Very nearly jumped at a 4S CT that had a great spec and was at a dealer for 81k...
Great cars, but not wanting to take a proper bath. Am thinking next year might see another decent drop as the face lift will be closer and interest rate rises biting harder.
Murph7355 said:
Where in the country is that?
Despite thinking it would be best to wait another 6-12mths, I've been keeping an eye on prices as would still like one. At the right price
Dealer cars are definitely softening, with good spec cars at least 10% off list at just 4mths old... Yes, quite a few start being advertised at list, but they start to drop pretty quickly.
I then had a quick look at Autotrader, and non-dealer cars are another 10-20% lower still. Not many of them with the spec I'd want yet, but they're appearring.
I had an order in (cancelled in Jan) for a GTS that would have ended up 132-135k. Similarly spec'd dealer cars are 110-118k at present (and not shifting)... And there are a couple of non-dealer cars at 97-98k. Very nearly jumped at a 4S CT that had a great spec and was at a dealer for 81k...
Great cars, but not wanting to take a proper bath. Am thinking next year might see another decent drop as the face lift will be closer and interest rate rises biting harder.
I’ve taken so many baths on so many cars, notably AMG’s, that I’m past caring. I’ve a 4S and originally planned to own for 2 years before moving into a GTS, the market has changed that plan, but I don’t care as I’m so impressed with my car. Despite thinking it would be best to wait another 6-12mths, I've been keeping an eye on prices as would still like one. At the right price
Dealer cars are definitely softening, with good spec cars at least 10% off list at just 4mths old... Yes, quite a few start being advertised at list, but they start to drop pretty quickly.
I then had a quick look at Autotrader, and non-dealer cars are another 10-20% lower still. Not many of them with the spec I'd want yet, but they're appearring.
I had an order in (cancelled in Jan) for a GTS that would have ended up 132-135k. Similarly spec'd dealer cars are 110-118k at present (and not shifting)... And there are a couple of non-dealer cars at 97-98k. Very nearly jumped at a 4S CT that had a great spec and was at a dealer for 81k...
Great cars, but not wanting to take a proper bath. Am thinking next year might see another decent drop as the face lift will be closer and interest rate rises biting harder.
Admittedly I’ve a couple of ICE cars in the garage for holidays and long trips, but the Taycan is among the very best daily I’ve ever owned and it costs me £25 to fill it up!! I can’t believe that prices will continue to soften given its range of abilities, so my advice would be to not deny yourself for too much longer Murph, life’s too short. I’d also put all the EV naysayers and haters on silent, they haven’t a clue, this is another level of motoring, I love it.
Blue62 said:
I’ve taken so many baths on so many cars, notably AMG’s, that I’m past caring. I’ve a 4S and originally planned to own for 2 years before moving into a GTS, the market has changed that plan, but I don’t care as I’m so impressed with my car.
Admittedly I’ve a couple of ICE cars in the garage for holidays and long trips, but the Taycan is among the very best daily I’ve ever owned and it costs me £25 to fill it up!! I can’t believe that prices will continue to soften given its range of abilities, so my advice would be to not deny yourself for too much longer Murph, life’s too short. I’d also put all the EV naysayers and haters on silent, they haven’t a clue, this is another level of motoring, I love it.
Oh I don't listen to them Admittedly I’ve a couple of ICE cars in the garage for holidays and long trips, but the Taycan is among the very best daily I’ve ever owned and it costs me £25 to fill it up!! I can’t believe that prices will continue to soften given its range of abilities, so my advice would be to not deny yourself for too much longer Murph, life’s too short. I’d also put all the EV naysayers and haters on silent, they haven’t a clue, this is another level of motoring, I love it.
I generally keep my cars for a while, down to being careful with what I buy so I don't get bored/the car out stays it's welcome.
But if I can get one for 30k less in 6-12mths then that would be preferable.
One of the advertised ones I have my eye on dropped 8k a couple of months ago. And a further £900 this week.
There's more to come
Cars are not selling at present, unless they're value (the 4S I saw...being an example).Patience is a virtue.
Murph7355 said:
Oh I don't listen to them
I generally keep my cars for a while, down to being careful with what I buy so I don't get bored/the car out stays it's welcome.
But if I can get one for 30k less in 6-12mths then that would be preferable.
One of the advertised ones I have my eye on dropped 8k a couple of months ago. And a further £900 this week.
There's more to come Cars are not selling at present, unless they're value (the 4S I saw...being an example).
Patience is a virtue.
What you have to remember is that the price of the Taycan will keep falling. The technology is already out of date and is ageing more by the day.I generally keep my cars for a while, down to being careful with what I buy so I don't get bored/the car out stays it's welcome.
But if I can get one for 30k less in 6-12mths then that would be preferable.
One of the advertised ones I have my eye on dropped 8k a couple of months ago. And a further £900 this week.
There's more to come
Cars are not selling at present, unless they're value (the 4S I saw...being an example).Patience is a virtue.
DMC2 said:
What you have to remember is that the price of the Taycan will keep falling. The technology is already out of date and is ageing more by the day.
Not massively fussed on that from a tech perspective. The cars are great to drive, and do more than I need already really (bear in mind the newest car we have at present is 2016, and that's the family wagon. Everything else is over 13yrs old).The discounts have now started !!
Having been looking out for a Turbo St or Turbo S St for a while there are a few new cars that popped up over the last couple of days ie. this one
https://finder.porsche.com/gb/en-GB/details/porsch...
At £130k, press the open in configurer button lower down the advert and retail is £142k so £12k off, there are a couple of Turbo 'S' ones that are the same like this one with £14k off
https://finder.porsche.com/gb/en-GB/details/porsch...
Phib
Having been looking out for a Turbo St or Turbo S St for a while there are a few new cars that popped up over the last couple of days ie. this one
https://finder.porsche.com/gb/en-GB/details/porsch...
At £130k, press the open in configurer button lower down the advert and retail is £142k so £12k off, there are a couple of Turbo 'S' ones that are the same like this one with £14k off
https://finder.porsche.com/gb/en-GB/details/porsch...
Phib
phib said:
The discounts have now started !!
Having been looking out for a Turbo St or Turbo S St for a while there are a few new cars that popped up over the last couple of days ie. this one
https://finder.porsche.com/gb/en-GB/details/porsch...
At £130k, press the open in configurer button lower down the advert and retail is £142k so £12k off, there are a couple of Turbo 'S' ones that are the same like this one with £14k off
https://finder.porsche.com/gb/en-GB/details/porsch...
Phib
Everyone needs to hang fire because when the dealer has to pay for them in full unsold they will give them away just to get them off the books.Having been looking out for a Turbo St or Turbo S St for a while there are a few new cars that popped up over the last couple of days ie. this one
https://finder.porsche.com/gb/en-GB/details/porsch...
At £130k, press the open in configurer button lower down the advert and retail is £142k so £12k off, there are a couple of Turbo 'S' ones that are the same like this one with £14k off
https://finder.porsche.com/gb/en-GB/details/porsch...
Phib
I know porsche check invoices for discounts but you may suddenly find your used car px is worth £20k more and that's the sort of figure I would be wanting if I was in this market, which I'm not
The Turbo S is shown as a MY 233 car which means that the price being asked is probably very close to the MY 23 list price - so not a discount in the trueswense of the word - simply "old stock" sold at old prices. I suspect that the same is true of the other car you highlight since the price difference is about 10% which is about what the MY price increase amounted to. So yes, you can but the cars at below current list - which you might regard as a discount but in effect the OPC is not losing anything on the deal.
WG said:
The Turbo S is shown as a MY 233 car which means that the price being asked is probably very close to the MY 23 list price - so not a discount in the trueswense of the word - simply "old stock" sold at old prices. I suspect that the same is true of the other car you highlight since the price difference is about 10% which is about what the MY price increase amounted to. So yes, you can but the cars at below current list - which you might regard as a discount but in effect the OPC is not losing anything on the deal.
Assuming they sell for the price stated.Not very long ago at all, those cars would have been listed at list or over.
I'm keeping an eye on prices too...the list of "start criteria" in my saved search pulled up a cheapest car at £87k (late 2021, Mamba green)...
A few weeks ago it dropped to ~£80.5k.
A few days ago it dropped to £79.9k.
I suspect it will need to drop further to sell...will be interesting to see what it disappears at.
These sorts of drops are happening on pretty much everything in the list of results my search brings back right now. And cars are staying resolutely unsold for a chunk of time - months now in some cases.
No surprise with the cost of living stuff biting, interest rates biting and supply of cars really, really freeing up (I am convinced down to cancelled orders.
Questions is, how long can dealers hold onto such quantities of stock at such prices, and how much skin have they got in the financed game...the numbers of punters out there in the market for 6 figure cars whose values are dropping rapidly has to be very limited.
_speedyellow_ said:
Whilst attending a Taycan sales event at the local OPC I was offered sub 9% finance - so perhaps this is another thing they have noticed and are trying to adapt to.
I am sure within three months finance rates will be markedly cheaper, there will be finance contributions/discounts etc. 9% finance rates aren't going to start making a dent in this problem. Porsche GB/OPC's are going to clearly try and offer as little as possible in the way of incentives to shift cars....that's maybe worked in the past when the showrooms "have gone a bit quiet" for a month or two. This is not the time to be f
king around with marginal improvements to finance rates.....it is not going to shift the cars sat at dealers. WG said:
The Turbo S is shown as a MY 233 car which means that the price being asked is probably very close to the MY 23 list price - so not a discount in the trueswense of the word - simply "old stock" sold at old prices. I suspect that the same is true of the other car you highlight since the price difference is about 10% which is about what the MY price increase amounted to. So yes, you can but the cars at below current list - which you might regard as a discount but in effect the OPC is not losing anything on the deal.
Having called about the turbo one it’s not even a physical car yet and my 24 isn’t out yet so I would have to say it’s a true discount, I’ve also found the same discount if I order a new one.
However I have been initially offered low ball px on my turbo … however they have an extra 10k for my px without too much trouble.
Guess they are keen to move them on
Phib
There is a blood bath coming.
Dealers are sitting on cancelled orders, plus a shed load of new cars coming in from Porsche. Many kept build slots on, as at the time they thought the could move the cars. Those cars are now coming through, and there are no customers for them. Finance isn't as cheap so usual avenues to clear them aren't around. I know of one dealer who has 4 taycans in the new part of the showroom, all cancelled orders.
I would agree with early comment that next year there will be real bargains to be had.
There will be sub 50k cars before the end of the year.
Dealers are sitting on cancelled orders, plus a shed load of new cars coming in from Porsche. Many kept build slots on, as at the time they thought the could move the cars. Those cars are now coming through, and there are no customers for them. Finance isn't as cheap so usual avenues to clear them aren't around. I know of one dealer who has 4 taycans in the new part of the showroom, all cancelled orders.
I would agree with early comment that next year there will be real bargains to be had.
There will be sub 50k cars before the end of the year.
Cancelled orders galore and car parks already full of inventory and dealers looking for more compound space off site to be able to cope.
20% discounts are not that far away but probably disguised in a number of manufacturer incentives like subsidised finance , renewal bonuses, loyalty offers etc....
Anyone buying now is going to take a hiding
20% discounts are not that far away but probably disguised in a number of manufacturer incentives like subsidised finance , renewal bonuses, loyalty offers etc....
Anyone buying now is going to take a hiding
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