Buying a used Taycan
Discussion
AMVSVNick said:
NorthernUproar said:
Collecting next weekend a beautiful spec Taycan CT4. Price new, £120k, registered late 2023, 3000 miles on it and the price to me, £78k. Very happy with that.
Congratulations. Two weeks into mine, it's f
king awesome.Don't think I could live with a 4s thou , just too slow .
tomvcarter said:
I'm after a CT Turbo/S; they are priced at under £90k which is £70k under list!
But the finance companies predict their future value at £50k in 2 years, can they really drop another £40k in 2 years?
Yes. I'd wait another 2 years with ongoing depreciation like that!But the finance companies predict their future value at £50k in 2 years, can they really drop another £40k in 2 years?
Edited by tomvcarter on Friday 15th March 23:45
40K over 2 years would still be fine as a company rather than a personal purchase, to drive any type of turbo S. Obviously, the finance companies are going to be very cautious with their funds and do better to buy the thing. In a turbo S you’d have more than 40K worth of parts if you broke the car up!
Grantstown said:
40K over 2 years would still be fine as a company rather than a personal purchase, to drive any type of turbo S. Obviously, the finance companies are going to be very cautious with their funds and do better to buy the thing. In a turbo S you’d have more than 40K worth of parts if you broke the car up!
Why is there a benefit as a company purchase? (Sorry im new to this...)There is a loss either way.
tomvcarter said:
Why is there a benefit as a company purchase? (Sorry im new to this...)
There is a loss either way.
Depending on setup you may be able to claim chunks of it against other taxes...so the actual amount out of your pocket is less.There is a loss either way.
As someone else said, these are (very) fast estate cars that started with deep 6-figure list prices. They depreciate.
Yes, the odd GT cars don't so much, but they are an entirely different proposition.
If you need/want a 4-door estate car that drives like a Porsche, go for it.
(Neptune wasn't my first choice colour-wise and I didn't go for it, but it can look great in some lights (and looks very good with a matt wrap).
Im looking for a Taycan CT Turbo/S.
There are a few on the market (not best spec) for c£80k now, so i assume I could get them for a few % less.
However im also being offered new ones (0 miles) at a discount.
e.g. Was £142,500 list new, but now sale at £112,500.
Obviously thats a £30k discount, and they can do a PCP using the original list price (£142k).
Feels a bit desperate to me, or is this where the good deals are?
There are a few on the market (not best spec) for c£80k now, so i assume I could get them for a few % less.
However im also being offered new ones (0 miles) at a discount.
e.g. Was £142,500 list new, but now sale at £112,500.
Obviously thats a £30k discount, and they can do a PCP using the original list price (£142k).
Feels a bit desperate to me, or is this where the good deals are?
tomvcarter said:
Im looking for a Taycan CT Turbo/S.
There are a few on the market (not best spec) for c£80k now, so i assume I could get them for a few % less.
However im also being offered new ones (0 miles) at a discount.
e.g. Was £142,500 list new, but now sale at £112,500.
Obviously thats a £30k discount, and they can do a PCP using the original list price (£142k).
Feels a bit desperate to me, or is this where the good deals are?
I posted this in another thread in response to the blue car above. With Taycans you can't look at it solely through a screen price lens. Look at it also through the lens of what it will be valued in the future. That actual blue car is underwritten by Porsche(VWFS) as follows, based on 10k miles pa:There are a few on the market (not best spec) for c£80k now, so i assume I could get them for a few % less.
However im also being offered new ones (0 miles) at a discount.
e.g. Was £142,500 list new, but now sale at £112,500.
Obviously thats a £30k discount, and they can do a PCP using the original list price (£142k).
Feels a bit desperate to me, or is this where the good deals are?
24mths: £53,152.50
36mths: £48,568.75
48mths: £43,937.50
So on a PCP that would be a huge drop in value (Price paid minus underwritten value) plus £15-25k of interest charges depending on term length.
On a brand new car, that depreciation curve is even worse, the 'discount' of £30k is a drop in the ocean to what you will lose, unless you are buying through your company.
kmpowell said:
I posted this in another thread in response to the blue car above. With Taycans you can't look at it solely through a screen price lens. Look at it also through the lens of what it will be valued in the future. That actual blue car is underwritten by Porsche(VWFS) as follows, based on 10k miles pa:
24mths: £53,152.50
36mths: £48,568.75
48mths: £43,937.50
So on a PCP that would be a huge drop in value (Price paid minus underwritten value) plus £15-25k of interest charges depending on term length.
On a brand new car, that depreciation curve is even worse, the 'discount' of £30k is a drop in the ocean to what you will lose, unless you are buying through your company.
Yeah, im working off this. A new car list £140k, discounted nby £30k, is only valued at £50k in 48 months...24mths: £53,152.50
36mths: £48,568.75
48mths: £43,937.50
So on a PCP that would be a huge drop in value (Price paid minus underwritten value) plus £15-25k of interest charges depending on term length.
On a brand new car, that depreciation curve is even worse, the 'discount' of £30k is a drop in the ocean to what you will lose, unless you are buying through your company.
They are great cars (as most people who have tried/owned one discover) BUT the depreciation is horrendous so don't be too tempted by any discount. And very hard to sell.
Try part exchanging one to get a real idea of what they are worth, but don't expect your supplying OPC to even make you an offer - let alone a decent offer.
Not an issue I suppose if you PCP / lease because you can hand back, and will know your costs up front. If they work for you, great. You will have a lovely car.
Try part exchanging one to get a real idea of what they are worth, but don't expect your supplying OPC to even make you an offer - let alone a decent offer.
Not an issue I suppose if you PCP / lease because you can hand back, and will know your costs up front. If they work for you, great. You will have a lovely car.
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