Porsche Taycan and future Porsche EVs and values

Porsche Taycan and future Porsche EVs and values

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Discussion

J4CKO

41,826 posts

202 months

Wednesday 20th December 2023
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Went to our local garden centre on Sunday, which happens to be near Porsche Wilmslow who use part of the car park as overspill, there were a hell of a lot of Taycans parked up, 20 or so at a guess.


youngsyr

14,742 posts

194 months

Wednesday 20th December 2023
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HoHoHo said:
Essarell said:
If the BIK was the same as an ICE car would you still have the Taycan?
Simple and honest answer, probably not but currently the economics make it too attractive to turn down if you’re in the position to take advantage of them.

I still stand by my thoughts, they are a great car and I get on very well with it. Some won’t, I do.


Edited by HoHoHo on Wednesday 20th December 07:55
Would take a lot for a car not to be great if it's 99% subsidised by your company and the tax payer!

HoHoHo

15,012 posts

252 months

Wednesday 20th December 2023
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youngsyr said:
HoHoHo said:
Essarell said:
If the BIK was the same as an ICE car would you still have the Taycan?
Simple and honest answer, probably not but currently the economics make it too attractive to turn down if you’re in the position to take advantage of them.

I still stand by my thoughts, they are a great car and I get on very well with it. Some won’t, I do.


Edited by HoHoHo on Wednesday 20th December 07:55
Would take a lot for a car not to be great if it's 99% subsidised by your company and the tax payer!
I totally agree - but it is and it is smile

Having driven 15,000 miles in my current one over the last 12 months, it's almost faultless.

MisterBigglesworth

454 posts

50 months

Wednesday 20th December 2023
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I'd have my taycan TS CT over a ICE car regardless of tax benefits.

It's a great car and I prefer driving it to an ICE equivalent.

Some reasons
Bottom of my road is NSL. I can hammer it without warming it up.
Low CoG makes it corner like nothing else I've driven.
No NVH.
Convenience of home charging.
Minimal servicing.
Performance is off the chart both acceleration and braking.
Looks.
Equipment.
All weather capability.

Only negative is the range which has never bothered me and doesn't impact me as i rarely do enough miles to need to public charge and when I do I'm usually glad of the break to have a coffee and sandwich while it charges.

The financial catastrophe it's turning into isn't ideal but to be fair I got such a big discount off the new list price buying used it still works out the same as ICE depreciation in my case so it is what it is.


rosino

1,346 posts

174 months

Wednesday 20th December 2023
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This one has an absolutely monster spec. Has depreciated quite heavily already.. and still for sale..

Ok its a 4 and not 4s but the level of kit more than makes up for it..

http://www.autotrader.co.uk/car-details/2023120746...

phib

4,469 posts

261 months

Wednesday 20th December 2023
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Essarell said:
If the BIK was the same as an ICE car would you still have the Taycan?
Slightly off topic It would be interesting to hear what other
cars people would have to replace / instead of Taycan.

My only other real option was a Ferrari Lusso, which I drove when I bought my latest ST but the tech felt so old and it didn’t go anywhere as well as the Taycan.

I’m not sure really compares maybe an Urus or DBX ?

Phib

garystoybox

788 posts

119 months

Wednesday 20th December 2023
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phib said:
Slightly off topic It would be interesting to hear what other
cars people would have to replace / instead of Taycan.

My only other real option was a Ferrari Lusso, which I drove when I bought my latest ST but the tech felt so old and it didn’t go anywhere as well as the Taycan.

I’m not sure really compares maybe an Urus or DBX ?

Phib
That’s the reason I’m keeping my Taycan CT longer term. It’s so complete as a daily for me there is nothing I could replace it with. A much better daily than my previous M5’s, X5M’s, AMG’s, etc. Having all the performance AND the refinement and ride quality of a limo is a game changer for me. I love not having to live at the local Shell forecourt. Love getting up every morning with a 230 mile range. This and the 812 make the perfect 2 car garage- can’t see myself getting rid of either. Yes, a shame Porsche have lost the plot on production numbers and residuals but as I’ve bought through my company not really the end of the world for me.

DMZ

1,418 posts

162 months

Thursday 21st December 2023
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An M3 Touring

Murph7355

37,900 posts

258 months

Thursday 21st December 2023
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DMZ said:
An M3 Touring
You didn't read everything he wrote, did you biggrin

I love that BMW have finally made an M3 Touring. And if it were 5yrs ago I might even have bought one to replace my RS4.

But they are at least 5yrs late to the party, and not exactly with the programme with it.

I understand the visceral addition of noise to proceedings with nice cars, honestly I do. But I find jumping into daily driver ICE cars frustrating now I've spent time with a Taycan. 600bhp and instant torque do that to you in a car that drives as well as the Porsche.

Stu-nph26

2,012 posts

107 months

Thursday 21st December 2023
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Murph7355 said:
You didn't read everything he wrote, did you biggrin

I love that BMW have finally made an M3 Touring. And if it were 5yrs ago I might even have bought one to replace my RS4.

But they are at least 5yrs late to the party, and not exactly with the programme with it.

I understand the visceral addition of noise to proceedings with nice cars, honestly I do. But I find jumping into daily driver ICE cars frustrating now I've spent time with a Taycan. 600bhp and instant torque do that to you in a car that drives as well as the Porsche.
I experienced exactly this yesterday. I went to the tip so I took my 17 reg E 220d, a decent car I thought, and our only car only 3 days ago when the Taycan 4s arrived. My god it felt like I was driving a tractor, slow as hell, uncomfortable, loud (not in a good way), I could go on but you get the point. I know I'm comparing apples with oranges but the Taycan really is so good it makes everything else I've ever driven seem very poor and massively antiquated.

Nuttcase

416 posts

122 months

Thursday 21st December 2023
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Stu-nph26 said:
I experienced exactly this yesterday. I went to the tip so I took my 17 reg E 220d, a decent car I thought, and our only car only 3 days ago when the Taycan 4s arrived. My god it felt like I was driving a tractor, slow as hell, uncomfortable, loud (not in a good way), I could go on but you get the point. I know I'm comparing apples with oranges but the Taycan really is so good it makes everything else I've ever driven seem very poor and massively antiquated.
..but you still chose the E for the tip run. As you say apples / oranges and I know they are not in the same segment, but the problem I found when exploring the Taycan CT/ST as a do it all car (we bought an X6) is the very narrow boot opening - I can't recall seeing such a large bodied car with such a small hatch opening. Throwing the bicycle in the back would be a wheels off and possibly seat post out job, as I'm 6'4, so it's a non-starter.

Stu-nph26

2,012 posts

107 months

Thursday 21st December 2023
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Nuttcase said:
Stu-nph26 said:
I experienced exactly this yesterday. I went to the tip so I took my 17 reg E 220d, a decent car I thought, and our only car only 3 days ago when the Taycan 4s arrived. My god it felt like I was driving a tractor, slow as hell, uncomfortable, loud (not in a good way), I could go on but you get the point. I know I'm comparing apples with oranges but the Taycan really is so good it makes everything else I've ever driven seem very poor and massively antiquated.
..but you still chose the E for the tip run. As you say apples / oranges and I know they are not in the same segment, but the problem I found when exploring the Taycan CT/ST as a do it all car (we bought an X6) is the very narrow boot opening - I can't recall seeing such a large bodied car with such a small hatch opening. Throwing the bicycle in the back would be a wheels off and possibly seat post out job, as I'm 6'4, so it's a non-starter.
That’s only because it was there and I didn’t want to dirty my brand new car. The Merc will be sold and this will be our only car so I guess time will tell how competent it is a do it all car. I’m 6-4 too I’ve heard people say the Taycan isn’t great for taller driver I personally think it’s amazing one of the best driving positions I’ve sat in. It’s not perfect and no car is but currently it’s ticks all the boxes for me time will tell if I think the same as time goes on

Murph7355

37,900 posts

258 months

Thursday 21st December 2023
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Nuttcase said:
..but you still chose the E for the tip run. As you say apples / oranges and I know they are not in the same segment, but the problem I found when exploring the Taycan CT/ST as a do it all car (we bought an X6) is the very narrow boot opening - I can't recall seeing such a large bodied car with such a small hatch opening. Throwing the bicycle in the back would be a wheels off and possibly seat post out job, as I'm 6'4, so it's a non-starter.
You bemoan practicality and bought an X6 biggrin

Another 6'4" person here. Never realised there were so many of us!

Haven't tried getting a bike in the back.... But I do have the bike carrier prep.....

AMVSVNick

7,011 posts

164 months

Thursday 21st December 2023
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HoHoHo said:
Lovely car, enjoy.

I’ve got a 72 plate 4S CT and I’m swapping it for a brand new 23 plate GTS hopefully either this Saturday or next Wednesday depending on paperwork.

Mine’s a company lease and it all works perfectly for me (including driving around Europe) and the deal Porsche have put together isn’t good, it’s a total and utter no-brainer.

I had an F90 M5 previously and don’t miss it at all, not one bit. I haven’t had any issues with the charging network, the 200 to 250 mileage depending on temp etc works fine and it’s a big smile every mile for me.



My current one



The new GTS

I don’t care about depreciation, it won’t affect me. I pay 2% BIK and can’t remember the last time it actually cost me anything significant to run. (I did out £10 worth of juice into it at home the other day as a one off!).

Ultimately you either like an EV and get on with an EV or you don’t. Go in with a negative attitude and you’ll find fault, go in and work the EV system as you need to and it’s bloody brilliant.
I so desperately want one. No company car option so either outright purchase or lease. I'm petrified of owning one outright and 24k miles a year makes leasing pointless. frown

Cheib

23,377 posts

177 months

Thursday 21st December 2023
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AMVSVNick said:
I so desperately want one. No company car option so either outright purchase or lease. I'm petrified of owning one outright and 24k miles a year makes leasing pointless. frown
You’d have to be very brave to buy one outright with that annual mileage unless you want to keep it for a good while. I do that kind of mileage and thus am driving my six year old Cayenne S Diesel I bought new. Only way to do big miles in a nice car without it being ruinous financially.

theboss

6,954 posts

221 months

Thursday 21st December 2023
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Cheib said:
You’d have to be very brave to buy one outright with that annual mileage unless you want to keep it for a good while. I do that kind of mileage and thus am driving my six year old Cayenne S Diesel I bought new. Only way to do big miles in a nice car without it being ruinous financially.
I think high mileage is the only way to justify one. Value will tank no matter what. At least if you're racking up the miles you're (1) saving a fortune on fuel (2) getting a lot of enjoyment out of the car (3) lowering your overall cost per mile which is the only thing that really matters much to me.

It's the people who lost £50k on one but only did 7k miles that I can't understand.

Grantstown

999 posts

89 months

Thursday 21st December 2023
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Good advice above. I’m up to 35K and see no reason now why I shouldn’t pile on the mileage.

I paid 98K for a 4S in early 21, so I haven’t done too badly for a company car.

If I was buying now, I’d be looking at a 2 year old car that has been highly optioned and hardly driven. The previous owner will have taken the worst hit and it leaves the path clear for the next owner to get a bargain.

A highly optioned 4S would be a great car, but another option would be a turbo S. There is an opportunity to get into a top of the range Porsche model, with all the fancy chassis bits, carbon ceramic brakes etc, for a relatively bargain price. I’m half tempted to change myself, were it not for the thought of giving HMRC back the balance of the 1st year WDA!

Stu-nph26

2,012 posts

107 months

Thursday 21st December 2023
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Grantstown said:
Good advice above. I’m up to 35K and see no reason now why I shouldn’t pile on the mileage.

I paid 98K for a 4S in early 21, so I haven’t done too badly for a company car.

If I was buying now, I’d be looking at a 2 year old car that has been highly optioned and hardly driven. The previous owner will have taken the worst hit and it leaves the path clear for the next owner to get a bargain.

A highly optioned 4S would be a great car, but another option would be a turbo S. There is an opportunity to get into a top of the range Porsche model, with all the fancy chassis bits, carbon ceramic brakes etc, for a relatively bargain price. I’m half tempted to change myself, were it not for the thought of giving HMRC back the balance of the 1st year WDA!
My plan if they continue to depreciate so heavily is to change the 4S for a turbo S in the next couple of years.

AMVSVNick

7,011 posts

164 months

Friday 22nd December 2023
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Thanks for all the input guys, hugely appreciated. I would want a 4S, don't need a Turbo as I have another Porsche in the garage wink

My current daily hack is a Disco 4 with 140k miles. I love it and would keep for long trips to Cornwall etc, the missus would use for the station. The RS3, current station car would go and the 4S become my daily hack. I suppose my main concern is how long the battery will actually last? Is 150k miles doable or is the risk too great??? Assuming it did last not bothered that it will ultimately be worth a round of drinks and a Mars bar.

Murph7355

37,900 posts

258 months

Friday 22nd December 2023
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Nobody really knows.

Data from Tesla suggests, I believe, that degradation is lower than expected at high age/mileage. But we'll see.

A barometer will be what Porsche do with extended warranties on batteries as the oldest cars get towards 7yrs old.