Discounts on new Taycans?
Discussion
Thank you both
I spoke with my accountant today. He wasn't sure on the demo part and would check (but I'm sure you're both correct given the wording from government).
He also confirmed that on a used electric car we can deduct 18% per year of the value of the car. So, if the car was £100K, that would mean we could claim:
For year 1: £100K x 18% = £18K
18K x 25% = £4,500
For year 2, £100K - £18K = £82K
82K x 18% = £14,760
14,760 x 25% = £3,690
Etc.
So now it's a question of can I find a suitable car and what deal can I get on it! Failing that, do I order brand new once the model refresh comes out...
I spoke with my accountant today. He wasn't sure on the demo part and would check (but I'm sure you're both correct given the wording from government).
He also confirmed that on a used electric car we can deduct 18% per year of the value of the car. So, if the car was £100K, that would mean we could claim:
For year 1: £100K x 18% = £18K
18K x 25% = £4,500
For year 2, £100K - £18K = £82K
82K x 18% = £14,760
14,760 x 25% = £3,690
Etc.
So now it's a question of can I find a suitable car and what deal can I get on it! Failing that, do I order brand new once the model refresh comes out...
Exystenshalist said:
... .
So now it's a question of can I find a suitable car and what deal can I get on it! Failing that, do I order brand new once the model refresh comes out...
Prices are really getting "sensible" on GTS STs now.So now it's a question of can I find a suitable car and what deal can I get on it! Failing that, do I order brand new once the model refresh comes out...
A few months ago dealers were holding out at 110k++. Now sub-100k and I reckon ripe for some haggling.
Exystenshalist said:
Thank you both
I spoke with my accountant today. He wasn't sure on the demo part and would check (but I'm sure you're both correct given the wording from government).
He also confirmed that on a used electric car we can deduct 18% per year of the value of the car. So, if the car was £100K, that would mean we could claim:
For year 1: £100K x 18% = £18K
18K x 25% = £4,500
For year 2, £100K - £18K = £82K
82K x 18% = £14,760
14,760 x 25% = £3,690
Etc.
So now it's a question of can I find a suitable car and what deal can I get on it! Failing that, do I order brand new once the model refresh comes out...
Thats exacly what I was told. Only thing I think you need to allow for is that if you sell the car for more than it 's book value you may have to pay tax on it I spoke with my accountant today. He wasn't sure on the demo part and would check (but I'm sure you're both correct given the wording from government).
He also confirmed that on a used electric car we can deduct 18% per year of the value of the car. So, if the car was £100K, that would mean we could claim:
For year 1: £100K x 18% = £18K
18K x 25% = £4,500
For year 2, £100K - £18K = £82K
82K x 18% = £14,760
14,760 x 25% = £3,690
Etc.
So now it's a question of can I find a suitable car and what deal can I get on it! Failing that, do I order brand new once the model refresh comes out...
I was thinking of going for a custom build but I just don't think I can justify it given the depreciation that would immediately occur. I'm therefore looking for something in stock to try and take advantage of the current situation.
What discounts would people aim for on new / demo / second hand stock?
I asked about a demo car at 140 ish (which I thought was way too high). The rep said that they might take a few hundred off it and asked what I'd be willing to pay. I said 110/120. He didn't seem interested!
There is a 1 year old Taycan Turbo (not demo) at just under £100K. I'd much prefer a CT but if I could get a good enough deal I'd be tempted. Is it realistic to get 10-15K off or am I way off the mark? WBAC valuation is low 60s.
Really appreciate any thoughts / advice on this. I have no idea what is reasonable to expect.
What discounts would people aim for on new / demo / second hand stock?
I asked about a demo car at 140 ish (which I thought was way too high). The rep said that they might take a few hundred off it and asked what I'd be willing to pay. I said 110/120. He didn't seem interested!
There is a 1 year old Taycan Turbo (not demo) at just under £100K. I'd much prefer a CT but if I could get a good enough deal I'd be tempted. Is it realistic to get 10-15K off or am I way off the mark? WBAC valuation is low 60s.
Really appreciate any thoughts / advice on this. I have no idea what is reasonable to expect.
You need to do your homework and track who has what cars on, for how long and how much they've dropped them.
There's a really good spec, ex-demo (albeit some miles) GTS ST for £104k.
It was originally up for at least £126k 6mths or so ago.
I reckon a bid late 90s would be "fair".
All depends how much dealers need to be rid of stock. Cars that have been on the books a while have to be worth a serious bid.
There was another GTS on recently for £93k.
Both cars 2023 registrations.
There's a really good spec, ex-demo (albeit some miles) GTS ST for £104k.
It was originally up for at least £126k 6mths or so ago.
I reckon a bid late 90s would be "fair".
All depends how much dealers need to be rid of stock. Cars that have been on the books a while have to be worth a serious bid.
There was another GTS on recently for £93k.
Both cars 2023 registrations.
Murph7355 said:
You need to do your homework and track who has what cars on, for how long and how much they've dropped them.
There's a really good spec, ex-demo (albeit some miles) GTS ST for £104k.
It was originally up for at least £126k 6mths or so ago.
I reckon a bid late 90s would be "fair".
All depends how much dealers need to be rid of stock. Cars that have been on the books a while have to be worth a serious bid.
There was another GTS on recently for £93k.
Both cars 2023 registrations.
My brand new GTS just delivered, list £125400, invoice £100,300.There's a really good spec, ex-demo (albeit some miles) GTS ST for £104k.
It was originally up for at least £126k 6mths or so ago.
I reckon a bid late 90s would be "fair".
All depends how much dealers need to be rid of stock. Cars that have been on the books a while have to be worth a serious bid.
There was another GTS on recently for £93k.
Both cars 2023 registrations.
There are deals to be had.
Edited by HoHoHo on Tuesday 9th January 21:35
Gassing Station | Porsche EVs | Top of Page | What's New | My Stuff