Dealer: the Taycan was good for us; it's now a disaster
Discussion
Interesting observations gleaned from a car dealer forum.
https://twitter.com/hiltonholloway/status/16367342...
https://twitter.com/hiltonholloway/status/16367342...
Olivera said:
OutInTheShed said:
It may just be that these things have to be viewed as A N Other EV, rather than as a Porsche.
Different depreciation profile, different attitude to used cars holding their value.
People are happy to pay big money for used IC Porsches, they are used to a world of Porsche ownership where you can buy a 3 year old one and not lose too much money on it. There's no reason for the Taycan to belong to that world rather than the world where most EVs depreciate like most other cars.
Very good point, that is 'luxury' EVs might well not follow the normal slower Porsche/Ferrari etc depreciation curve and might instead depreciate more rapidly like a normal EV.Different depreciation profile, different attitude to used cars holding their value.
People are happy to pay big money for used IC Porsches, they are used to a world of Porsche ownership where you can buy a 3 year old one and not lose too much money on it. There's no reason for the Taycan to belong to that world rather than the world where most EVs depreciate like most other cars.
I recall the statistic that the majority of 911s ever made are still on the road today. Will a Taycan (arguably just VAG parts bin product) with an outdated and depleted battery even be on the road in 15 years, never mind 25+? Highly unlikely. I suspect that severe depreciation will be the norm for luxury expensive EVs.
DonkeyApple said:
modern government is obsessed with getting as many people as possible onto benefits while also desperate to be everyone's bestest friend ever.
That's quite a statement, with little to no obvious correlation with reality.I'd say it was truer to observe that modern government has done such a poor job of running national economic strategy that it finds itself forced to rely upon benefits, tax breaks, and so on to maintain the illusion of prosperity.
It isn't dogma. It is incompetence.
DonkeyApple said:
We're the 7th most affluent economy on the planet
I really do wish this old chestnut wasn't trotted out by intelligent posters such as yourself.In general usage, affluent is a relative term. In common usage, an affluent neighbourhood isn't one in which the sum of all wealth is large; it is one in which the individual residents are wealthy / asset-rich / whatever.
In some sort of absolute sense, we're maybe the 11th most affluent, but that doesn't reflect our ability to actually purchase things. In terms of disposable income and purchasing power, we're maybe 14th. Accounting for cost of living, pre the current cost of living crisis we were ranked perhaps 20th.
Also worth noting that, even pre-pandemic, we hadn't fully recovered on the last metric from before the GFC. Our economy - and place in the world - has been in something of a relative tail-spin for 15 years or so.
Monkeylegend said:
Indeed. That's less positive than me, and says 30th. I tend to try to choose stats that filter out odd effects like tax havens.theboss said:
Whatever the definition of wealthy, the UK certainly isn’t 20th on the list of global markets if you’re in the business of selling Taycans.
That is, of course, a slightly different point, and worthy of a bit of exploration. Why is the UK so high on the list of Taycan-buying nations?A part of it of course is the inequality in UK earnings - many of our peers are much less unequal, which by its nature tends to limit the market for high-priced Taycans. That of course is yet another reason why tax breaks for Taycans don't make a lot of sense.
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