Porsche Taycan and future Porsche EVs and values

Porsche Taycan and future Porsche EVs and values

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Discussion

Grantstown

974 posts

88 months

Sunday 10th March
quotequote all
Cheib said:
New sales were driven by tax incentives so prices artificially high. New Taycan due out on the next few months seems like it is 30 to 50% “better” when you look at range etc.

Cost to run (insurance) is another issue.

When was the last time an ICE car did something 30% better than its predecessor ? EV’s residuals will not be anything like what we’re used to. The speed of development and thus redundancy will see to that.
It’ll be interesting to see what range people get with the Taycan 2. I bet it will be far less than 30-50% better. I’ve seen the Macan test run. 325 miles of constant driving on an empty American road in perfect temperature conditions. I wouldn’t be far off in my 4S under the same conditions.

The big update around 18 months ago apparently increased my range by 30 miles or so, but I haven’t noticed any difference. I suspect Porsche were either quite honest initially with the range, or not very savvy with the testing procedure. They’ve probably moved more in sinc with the competition now and have worked out how to massively overstate the real world range and get away with it!

For me, it’s all hypothetical really as I rarely drive more than 200 miles in a stint. I have managed Scotland fairly easily, but I imagine the low population density meant there was no fighting for chargers. I hear that the motorways down South can’t keep up with the demand, so I’ve tended to opt for petrol if heading that way.

simon800

2,396 posts

108 months

Wednesday 13th March
quotequote all
Hi Guys, new to this thread and keen on advice from those in the know!

I am contemplating a Taycan 4S.

Brief summary, looking for a 2nd car due to imminent arrival of baby number 2. Have had lots of fun cars (991 Turbo, BMW M6, Maserati Granturismo, etc) through my 20's and have been in more boring (Range Rover, Range Sport and most recently Audi E Tron) for the past few years.

We currently run just 1 car as my wife doesnt work, so have an E Tron via my limited company.

2nd baby means we will need a 2nd car and as much as I'd like to get a DB11, having gone to look at the weekend the back seat space is so small that getting kids in and out would be a pain!

So I've landed on a Taycan as something that will offer supercar looks, but every day practicality. Plus the added bonus I can stick it through my ltd company so it's "free" to me.

I'm wondering if there's anything to really look out for, it seems £50k odd gets you something decent from outside the Porsche network. Are there any hidden gremlins with these, or any dire reason to avoid anything that isn't approved used Porsche?

Would welcome any input, with thanks!

Grantstown

974 posts

88 months

Wednesday 13th March
quotequote all
simon800 said:
Hi Guys, new to this thread and keen on advice from those in the know!

I am contemplating a Taycan 4S.

Brief summary, looking for a 2nd car due to imminent arrival of baby number 2. Have had lots of fun cars (991 Turbo, BMW M6, Maserati Granturismo, etc) through my 20's and have been in more boring (Range Rover, Range Sport and most recently Audi E Tron) for the past few years.

We currently run just 1 car as my wife doesnt work, so have an E Tron via my limited company.

2nd baby means we will need a 2nd car and as much as I'd like to get a DB11, having gone to look at the weekend the back seat space is so small that getting kids in and out would be a pain!

So I've landed on a Taycan as something that will offer supercar looks, but every day practicality. Plus the added bonus I can stick it through my ltd company so it's "free" to me.

I'm wondering if there's anything to really look out for, it seems £50k odd gets you something decent from outside the Porsche network. Are there any hidden gremlins with these, or any dire reason to avoid anything that isn't approved used Porsche?

Would welcome any input, with thanks!
You’ll get better range than you’re used to. I think it’d be ideal if it’s under warranty as it’s easier to keep extending then. I suspect most will be so happy hunting.

Cheib

23,288 posts

176 months

Wednesday 13th March
quotequote all
Grantstown said:
Cheib said:
New sales were driven by tax incentives so prices artificially high. New Taycan due out on the next few months seems like it is 30 to 50% “better” when you look at range etc.

Cost to run (insurance) is another issue.

When was the last time an ICE car did something 30% better than its predecessor ? EV’s residuals will not be anything like what we’re used to. The speed of development and thus redundancy will see to that.
It’ll be interesting to see what range people get with the Taycan 2. I bet it will be far less than 30-50% better. I’ve seen the Macan test run. 325 miles of constant driving on an empty American road in perfect temperature conditions. I wouldn’t be far off in my 4S under the same conditions.

The big update around 18 months ago apparently increased my range by 30 miles or so, but I haven’t noticed any difference. I suspect Porsche were either quite honest initially with the range, or not very savvy with the testing procedure. They’ve probably moved more in sinc with the competition now and have worked out how to massively overstate the real world range and get away with it!

For me, it’s all hypothetical really as I rarely drive more than 200 miles in a stint. I have managed Scotland fairly easily, but I imagine the low population density meant there was no fighting for chargers. I hear that the motorways down South can’t keep up with the demand, so I’ve tended to opt for petrol if heading that way.
Real world will be interesting…I think they’ve also significantly improved the charging time. There was also some ludicrous range improvement quoted for a specific wheel for the new version…which probably nobody will spec.

Boxster5

680 posts

109 months

Wednesday 13th March
quotequote all
simon800 said:
Hi Guys, new to this thread and keen on advice from those in the know!

I am contemplating a Taycan 4S.

Brief summary, looking for a 2nd car due to imminent arrival of baby number 2. Have had lots of fun cars (991 Turbo, BMW M6, Maserati Granturismo, etc) through my 20's and have been in more boring (Range Rover, Range Sport and most recently Audi E Tron) for the past few years.

We currently run just 1 car as my wife doesnt work, so have an E Tron via my limited company.

2nd baby means we will need a 2nd car and as much as I'd like to get a DB11, having gone to look at the weekend the back seat space is so small that getting kids in and out would be a pain!

So I've landed on a Taycan as something that will offer supercar looks, but every day practicality. Plus the added bonus I can stick it through my ltd company so it's "free" to me.

I'm wondering if there's anything to really look out for, it seems £50k odd gets you something decent from outside the Porsche network. Are there any hidden gremlins with these, or any dire reason to avoid anything that isn't approved used Porsche?

Would welcome any input, with thanks!
Not from personal experience (but from other people including Porsche Club Taycan Register), I would seriously reconsider buying outside of the main dealer network.
Lots of issues with heaters (my neighbour is onto no 3), problems with panoramic roof, suspension issues & the main battery pack (a full replacement under warranty came to £55k according to an advert in Auto Trader)
The are also depreciating like a stone so plenty of “bargains” around but where does it stop?
Only my twopennyworth.

Murph7355

37,767 posts

257 months

Wednesday 13th March
quotequote all
Buying outside the network should be done only at a good discount. Get them to put a Porsche warranty on it if it doesn't have one. There are deals to be had at dealers. Watch cars carefully over a few months.

There's now a better heater that allegedly fixes the problems. If it fails under warranty, you get the new version. Some are getting them called in to be done.

Pano roof cracks happen. They get replaced under warranty. We'll see if that fix is permanent.

Battery issues happen but aren't common IMO.

Niggles with software etc, but generally they're good cars.

It's no DB11 so know what you're getting into. But they are great cars.

With kids involved, seriously consider a Sports Turismo or Cross Turismo.

simon800

2,396 posts

108 months

Thursday 14th March
quotequote all
Thanks all, some helpful feedback here. Reading the comments I'm probably inclined to go OPC unless there's a vast enough price difference to warrant it. I am in no massive rush, so may give prices a bit more time to come down and grab something around summer. I think until then I will track the prices of a few and see if a deal can be had!

Grantstown

974 posts

88 months

Thursday 14th March
quotequote all
If you buy one within 3 years old it will still be under manufacturers warranty and easy for you to extend it by 1, 2 or 3 years depending on what you want.

My heater was fine for 3 years and despite this has still been changed to the new improved one. I had only popped in to have a new rear camera (someone had bumped the rear end in stop/start traffic).

I’m in a huge owners group and I haven’t heard of a full battery exchange, so it must be rare. Porsche never fix anything though so I guess if it went wrong it could be exchanged under warranty en mass. Interestingly though, the battery can be accessed easily and has modules. In the future it would be a relatively small job for the network of independents that will spring up to meet the demand. The parts are emerging on the second hand market already.

Just like any Porsche, the more features that are spec’d, the more that can go wrong. The electric charge flaps are an example on the Taycan, but most of the things are common between all the models as you can see if you look at the configurator. Another one that springs to mind are the PCSBs (carbide surface brake discs). If they are scratched, even slightly, Porsche can insist that you replace them to maintain your warranty. Perhaps a price not worth paying for less brake dust.

ChrisW.

6,332 posts

256 months

Thursday 14th March
quotequote all
simon800 said:
Hi Guys, new to this thread and keen on advice from those in the know!

I am contemplating a Taycan 4S.

Brief summary, looking for a 2nd car due to imminent arrival of baby number 2. Have had lots of fun cars (991 Turbo, BMW M6, Maserati Granturismo, etc) through my 20's and have been in more boring (Range Rover, Range Sport and most recently Audi E Tron) for the past few years.

We currently run just 1 car as my wife doesnt work, so have an E Tron via my limited company.

2nd baby means we will need a 2nd car and as much as I'd like to get a DB11, having gone to look at the weekend the back seat space is so small that getting kids in and out would be a pain!

So I've landed on a Taycan as something that will offer supercar looks, but every day practicality. Plus the added bonus I can stick it through my ltd company so it's "free" to me.

I'm wondering if there's anything to really look out for, it seems £50k odd gets you something decent from outside the Porsche network. Are there any hidden gremlins with these, or any dire reason to avoid anything that isn't approved used Porsche?

Would welcome any input, with thanks!
I believe that at least some the company tax advantages are only available on a new purchase ... maybe that's the relief of Corporation Tax ??

Possibly worth checking ....

tomvcarter

1,091 posts

194 months

Friday 15th March
quotequote all


I'm seriously considering buying a Taycan Turbo S Cross Tourismo having driven this one today. Very impressed (not mad about this colour though).

However, I've never really paid much attention to the Taycan until now, all I know they have been tanking in price recently, however main dealer ones with decent spec are still circa £90k!

Are they actually selling for less, or is this considered a good price for a Turbo S CT? Or should I say, what's a realistic offer for it?

kmpowell

2,935 posts

229 months

Friday 15th March
quotequote all
tomvcarter said:


I'm seriously considering buying a Taycan Turbo S Cross Tourismo having driven this one today. Very impressed (not mad about this colour though).

However, I've never really paid much attention to the Taycan until now, all I know they have been tanking in price recently, however main dealer ones with decent spec are still circa £90k!

Are they actually selling for less, or is this considered a good price for a Turbo S CT? Or should I say, what's a realistic offer for it?
You're looking at it only through the screen price lens. Look at it also through the lens of what it will be valued in the future. That actual 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 if you can stomach the drop in value (Price paid minus underwritten value) plus £15-25k of interest charges depending on term length, that's your indicator. smile

tomvcarter

1,091 posts

194 months

Friday 15th March
quotequote all
kmpowell said:
tomvcarter said:


I'm seriously considering buying a Taycan Turbo S Cross Tourismo having driven this one today. Very impressed (not mad about this colour though).

However, I've never really paid much attention to the Taycan until now, all I know they have been tanking in price recently, however main dealer ones with decent spec are still circa £90k!

Are they actually selling for less, or is this considered a good price for a Turbo S CT? Or should I say, what's a realistic offer for it?
You're looking at it only through the screen price lens. Look at it also through the lens of what it will be valued in the future. That actual 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 if you can stomach the drop in value (Price paid minus underwritten value) plus £15-25k of interest charges depending on term length, that's your indicator. smile
vomit

Another £40k in depreciation in 2 years??!!! I certainly can't stomach that!

garystoybox

783 posts

118 months

Friday 15th March
quotequote all
tomvcarter said:
vomit

Another £40k in depreciation in 2 years??!!! I certainly can't stomach that!
I know, but that’s just typical depreciation for large super saloons, be it petrol or electric and it has been for many years. Can’t be that surprising?

tomvcarter

1,091 posts

194 months

Friday 15th March
quotequote all
garystoybox said:
tomvcarter said:
vomit

Another £40k in depreciation in 2 years??!!! I certainly can't stomach that!
I know, but that’s just typical depreciation for large super saloons, be it petrol or electric and it has been for many years. Can’t be that surprising?
I've been in GT3s, depreciation is like a new concept!

tomvcarter

1,091 posts

194 months

Thursday 28th March
quotequote all
After watching this, im more positive about buying a Taycan:
https://www.youtube.com/watch?v=2nY4rLDXU0g&t=...


tomvcarter

1,091 posts

194 months

Wednesday 10th April
quotequote all
Ive got the cash for a Taycan, but would it be better to do a PCP?

I hear it might make it a safer bet when it comes to selling in a few years. However it sure that the added interest would be more than the potential hit when it comes to a sale.

Or am i missing something?

AMVSVNick

6,997 posts

163 months

Wednesday 10th April
quotequote all
tomvcarter said:
Ive got the cash for a Taycan, but would it be better to do a PCP?

I hear it might make it a safer bet when it comes to selling in a few years. However it sure that the added interest would be more than the potential hit when it comes to a sale.

Or am i missing something?
Mileage per annum?

Gregmitchell

1,745 posts

118 months

Wednesday 10th April
quotequote all
tomvcarter said:
Ive got the cash for a Taycan, but would it be better to do a PCP?

I hear it might make it a safer bet when it comes to selling in a few years. However it sure that the added interest would be more than the potential hit when it comes to a sale.

Or am i missing something?
There's 700+ for sale on autotrader, selling it will be very difficult

Cobnapint

8,636 posts

152 months

Wednesday 10th April
quotequote all
Gregmitchell said:
tomvcarter said:
Ive got the cash for a Taycan, but would it be better to do a PCP?

I hear it might make it a safer bet when it comes to selling in a few years. However it sure that the added interest would be more than the potential hit when it comes to a sale.

Or am i missing something?
There's 700+ for sale on autotrader, selling it will be very difficult
At the end of the day it doesn't matter does it. You're only here once. The Taycan is recognised as the best EV on the road at the moment, and it's never been cheaper.
If you want one, get one. You never know what's round the corner.

AMVSVNick

6,997 posts

163 months

Wednesday 10th April
quotequote all
Cobnapint said:
At the end of the day it doesn't matter does it. You're only here once. The Taycan is recognised as the best EV on the road at the moment, and it's never been cheaper.
If you want one, get one. You never know what's round the corner.
^^^^this^^^^

Totally the reason I took the plunge and what a machine it is.