Porsche Taycan and future Porsche EVs and values

Porsche Taycan and future Porsche EVs and values

Author
Discussion

Discombobulate

4,853 posts

187 months

Tuesday 5th December 2023
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stabilio said:
Thanks kindly and good info and rear wheel steer was on my list.
Won't name the OPC, but they seem really un-interested tbh.
They replied quickly to my Autotrader enquiry and I replied back within 30 mins but never heard back again.
Next day someone else there emailed me and they did reply and had a phone call.
Never heard from them again but then the first person and someone also emailed and had another phone call for 20 mins so its all got a bit messy.
All I wanted was an approx PCP figure on a new car and a PCP figure on a used one plus a valuation on my car.
I got numbers/upsells on GAP, ceramic coating etc before any PCP figures and almost a week later, still only have a figure on a new car, an offer lower than WBAC on mine and now its all gone quiet again.
I've dealt with most dealers (as have had probably x15 cars in the last 8 years) but I've found Porsche really disappointing, slow and un-interested - and they have a good amount of Taycans in stock to get rid of.
I bid around 4k less on a nearly new 4S CT that has been up for sale at an OPC for nearly 3 months and was given a firm no. Was very surprised. But it still felt over priced to me, but was the perfect spec.

Sidsw

Original Poster:

650 posts

86 months

Tuesday 5th December 2023
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Discombobulate said:
I bid around 4k less on a nearly new 4S CT that has been up for sale at an OPC for nearly 3 months and was given a firm no. Was very surprised. But it still felt over priced to me, but was the perfect spec.
these opcs are a stubborn breed

W12GT

3,535 posts

222 months

Thursday 7th December 2023
quotequote all
Sidsw said:
Discombobulate said:
I bid around 4k less on a nearly new 4S CT that has been up for sale at an OPC for nearly 3 months and was given a firm no. Was very surprised. But it still felt over priced to me, but was the perfect spec.
these opcs are a stubborn breed
Do you mean stupid breed? Cars aren’t selling, they aren’t going to go back up in value and are a rapidly depreciating liability (not really an asset given the rate they are dropping). Surely the best option is to shift high volume at minimal profit?

MisterBigglesworth

454 posts

49 months

Saturday 9th December 2023
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My Taycan CT Turbo S is probably the car I've been most conflicted about owning.

As a car it's probably my favourite do everything car I have ever owned. 1 hour cross country drive back from Poole yesterday, horrible weather and point to point it just eats miles, is supremely comfortable, grips and goes like nothing else. The matrix lights mean you can make progress on the darkest of roads and despite its width its surprisingly easy to punt down a B road.

But the state of the market is pretty shocking. My car just turned 2 years old and 19k miles. It's at least 90k off its list price and possibly 100k or more now, but more concerning is the fact you probably can't even get a dealer to take one right now. Given its a fully loaded flagship model Porsche I can't think of another car I've owned that has been so phenomenal to own yet basically unsaleable.

It's clear the first year tax breaks and EV quotas means Porsche have made too many of them with no real thought to absorbing them in the used market.

They need to basically do a 0 percent interest deal now and some incentives to cut the used inventory and probably shut down the production until the new stock is cleared.

Its not apparent to me where the next round of buyers is coming from - given how much current owners have been burned on depreciation, heater issues etc then they are going to run out of replacement buyers for the new cars and who even knows where the market is for used any more.

The problem now is even if you get a massive discount you are going to basically be stuck with the car. Which Is fine if you want it for the long term nut if your circumstances change then its just a liability you can't get rid of.

Complete fiasco not helped by Rishis volte face on the EV deadlines.

Oh and my heater broke this week. 30th January before my OPC has a courtesy car to fix it. Place is over run with stock yet they don't have a single car available for several weeks.

Which is the second ownership issue - they haven't scaled aftersales support to match the volume of cars in the market yet expect premium prices for the product and servicing.

So as said, conflicted, love the car, but not an experience I would buy into again for a very long time.

AMVSVNick

6,997 posts

163 months

Discombobulate

4,853 posts

187 months

Monday 11th December 2023
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AMVSVNick said:
30k off (with buyer's fees). This is where the market is. And that's a base model, albeit well specced.

AMVSVNick

6,997 posts

163 months

Monday 11th December 2023
quotequote all
Discombobulate said:
30k off (with buyer's fees). This is where the market is. And that's a base model, albeit well specced.
Guessing it was a dealer testing the market.

DMC2

1,834 posts

212 months

Monday 11th December 2023
quotequote all
MisterBigglesworth said:
My Taycan CT Turbo S is probably the car I've been most conflicted about owning.

As a car it's probably my favourite do everything car I have ever owned. 1 hour cross country drive back from Poole yesterday, horrible weather and point to point it just eats miles, is supremely comfortable, grips and goes like nothing else. The matrix lights mean you can make progress on the darkest of roads and despite its width its surprisingly easy to punt down a B road.

But the state of the market is pretty shocking. My car just turned 2 years old and 19k miles. It's at least 90k off its list price and possibly 100k or more now, but more concerning is the fact you probably can't even get a dealer to take one right now. Given its a fully loaded flagship model Porsche I can't think of another car I've owned that has been so phenomenal to own yet basically unsaleable.

It's clear the first year tax breaks and EV quotas means Porsche have made too many of them with no real thought to absorbing them in the used market.

They need to basically do a 0 percent interest deal now and some incentives to cut the used inventory and probably shut down the production until the new stock is cleared.

Its not apparent to me where the next round of buyers is coming from - given how much current owners have been burned on depreciation, heater issues etc then they are going to run out of replacement buyers for the new cars and who even knows where the market is for used any more.

The problem now is even if you get a massive discount you are going to basically be stuck with the car. Which Is fine if you want it for the long term nut if your circumstances change then its just a liability you can't get rid of.

Complete fiasco not helped by Rishis volte face on the EV deadlines.

Oh and my heater broke this week. 30th January before my OPC has a courtesy car to fix it. Place is over run with stock yet they don't have a single car available for several weeks.

Which is the second ownership issue - they haven't scaled aftersales support to match the volume of cars in the market yet expect premium prices for the product and servicing.

So as said, conflicted, love the car, but not an experience I would buy into again for a very long time.
Last winter I didn't have a heater for nearly 3 months due to the backlog. I eventually got a long term loaner.

Stu-nph26

2,002 posts

106 months

Monday 11th December 2023
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I've managed to negotiate a £25k discount off a Taycan 4S Cross Turismo

DeuceDeuce

342 posts

93 months

Monday 11th December 2023
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Stu-nph26 said:
I've managed to negotiate a £25k discount off a Taycan 4S Cross Turismo
Well done on your purchase. Can you share any other details?

New or used? Where from? Got a link to the car?

Stu-nph26

2,002 posts

106 months

Monday 11th December 2023
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Discombobulate

4,853 posts

187 months

Monday 11th December 2023
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Stu-nph26 said:
Lovely. So you got another 10k ish off the sticker price (to make it 25K off the rrp)?
Did you part ex anything?
Thanks

Stu-nph26

2,002 posts

106 months

Monday 11th December 2023
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Discombobulate said:
Stu-nph26 said:
Lovely. So you got another 10k ish off the sticker price (to make it 25K off the rrp)?
Did you part ex anything?
Thanks
No part x or finance they have a couple more in stock. I’m sure there’ll be more/better deals but I said a 4s at 80k ish was my tipping point

Discombobulate

4,853 posts

187 months

Monday 11th December 2023
quotequote all
Stu-nph26 said:
No part x or finance they have a couple more in stock. I’m sure there’ll be more/better deals but I said a 4s at 80k ish was my tipping point
You and me both. Enjoy!

Murph7355

37,767 posts

257 months

Tuesday 12th December 2023
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Stu-nph26 said:
Hopefully you got even more off for it being a Sport Turismo biggrin


_speedyellow_

130 posts

183 months

Tuesday 12th December 2023
quotequote all
Stu-nph26 said:
Discombobulate said:
Stu-nph26 said:
Lovely. So you got another 10k ish off the sticker price (to make it 25K off the rrp)?
Did you part ex anything?
Thanks
No part x or finance they have a couple more in stock. I’m sure there’ll be more/better deals but I said a 4s at 80k ish was my tipping point
Yeah enjoy - that was similar to what I had specced and then cancelled.
Did you use in house finance or something else?
Nice car!

Stu-nph26

2,002 posts

106 months

Tuesday 12th December 2023
quotequote all
Murph7355 said:
Hopefully you got even more off for it being a Sport Turismo biggrin
Sport Turismo is the one for me I'd have a Cross Turismo but the saloon is just ugly imho of course

Murph7355

37,767 posts

257 months

Tuesday 12th December 2023
quotequote all
Stu-nph26 said:
Murph7355 said:
Hopefully you got even more off for it being a Sport Turismo biggrin
Sport Turismo is the one for me I'd have a Cross Turismo but the saloon is just ugly imho of course
Saloon's unusable in the rear unless Snow White's your usual driver.

ST ftw. Though the CT is a great machine too.

kmpowell

2,935 posts

229 months

Wednesday 13th December 2023
quotequote all
Stu-nph26 said:
Firstly, for context, I own a GT4 (bought new) and I love the brand, so I have been seriously looking to get myself into 4S CT/ST to replace my current family wagon. But, no matter which way I look at it, unless you are business, a private purchase on one of these is a financial nightmare, even with the so called big 'discount' on stock cars.

A CT/ST is generally bought for all year round practicality, so the basic options of Adaptive Cruise, surround camera, upgraded stereo, auto dimming mirror, pan roof, matrix headlights etc are needed due to the nature of the car and how a car of that price is compared to the completion. Then when you're on the inside, the acres of plastic dash/tunnel/doors on a 4S really are terrible and do need/deserve to be covered up, so it at least looks/feels premium, and also creates a much more pleasant environment for driver and passengers who will be spending lots of time in it.

Then there's wheel choice. Nearly all these stock cars have the option 21's, but 21's on the 4S are both stupidly expensive (£3k!) and reduce range in pretty much all conditions by 5-10% versus the 20" wheel. Not that much if the car had a great range in the first place, but these are in reality only going to give 200-225 real world at the best of times, and max 180-200 at the worst of times, so any sort of middle-long trip are going to be hit/hurt badly if you are capped at a 80-100 drive each way. Having 20's therefore will really help.

So what I'm saying is the car you have linked to is probably two-fold a bit of a false economy, even with the £25k 'discount'. Apart from the pan roof, it is very basic, it has none of the options which are typically associated to a car of that nature, the inside is full on plastic, and the costly options it does have are mainly window dressing (and also the performance plus battery which IMO should be standard for a car of that price anyway v the competition). So any saving being made are not really a saving because finance GFV on the car is circa £50k after 3 years and £40k after 4 years, which is still a huge drop from a 'discounted' £85k outlay.

Now, some will argue that you don't need the options and it's just a run-around. Fair enough, then my question will come why not buy something else (e.g. Polestar 2, 400 range, £55k fully loaded, £30k GFV after 4 years, 0%APR)... then somebody will come along and say well this could be an emotional purchase... which then takes me back to a question, if this is an emotional purchase, why not buy an ICE for the same outlay...?

MY 2p FWIW, and not intended to offend or be confrontational, just some talking points. smile

Discombobulate

4,853 posts

187 months

Wednesday 13th December 2023
quotequote all
kmpowell said:
Firstly, for context, I own a GT4 (bought new) and I love the brand, so I have been seriously looking to get myself into 4S CT/ST to replace my current family wagon. But, no matter which way I look at it, unless you are business, a private purchase on one of these is a financial nightmare, even with the so called big 'discount' on stock cars.

A CT/ST is generally bought for all year round practicality, so the basic options of Adaptive Cruise, surround camera, upgraded stereo, auto dimming mirror, pan roof, matrix headlights etc are needed due to the nature of the car and how a car of that price is compared to the completion. Then when you're on the inside, the acres of plastic dash/tunnel/doors on a 4S really are terrible and do need/deserve to be covered up, so it at least looks/feels premium, and also creates a much more pleasant environment for driver and passengers who will be spending lots of time in it.

Then there's wheel choice. Nearly all these stock cars have the option 21's, but 21's on the 4S are both stupidly expensive (£3k!) and reduce range in pretty much all conditions by 5-10% versus the 20" wheel. Not that much if the car had a great range in the first place, but these are in reality only going to give 200-225 real world at the best of times, and max 180-200 at the worst of times, so any sort of middle-long trip are going to be hit/hurt badly if you are capped at a 80-100 drive each way. Having 20's therefore will really help.

So what I'm saying is the car you have linked to is probably two-fold a bit of a false economy, even with the £25k 'discount'. Apart from the pan roof, it is very basic, it has none of the options which are typically associated to a car of that nature, the inside is full on plastic, and the costly options it does have are mainly window dressing (and also the performance plus battery which IMO should be standard for a car of that price anyway v the competition). So any saving being made are not really a saving because finance GFV on the car is circa £50k after 3 years and £40k after 4 years, which is still a huge drop from a 'discounted' £85k outlay.

Now, some will argue that you don't need the options and it's just a run-around. Fair enough, then my question will come why not buy something else (e.g. Polestar 2, 400 range, £55k fully loaded, £30k GFV after 4 years, 0%APR)... then somebody will come along and say well this could be an emotional purchase... which then takes me back to a question, if this is an emotional purchase, why not buy an ICE for the same outlay...?

MY 2p FWIW, and not intended to offend or be confrontational, just some talking points. smile
I agree re 20s and how poor partial (standard) leather is.
So my must haves are leather upgrade, 20 inch wheels, pan roof, Bose, 150kw charging, 4+1 seating, heated steering wheel, decent memory seats and parking aids / cameras. I never use cruise, adaptive or otherwise.
Likes are crests on headrests, off road pack in black on the CT
The rest I can take or leave.
Trouble is that a lot of the new and nearly new well discounted cars have far too many options so the deal is not as sweet as it appears.
I think a pre-reg, minimal mileage very well specced 73 plate CT 4S is an 85K car max. And, given there is an upgraded car coming that still looks very expensive. But OPCs don't agree. Yet....