Taycan insurance

[TwoManyCars]

Who seem to be the best insurer for Taycan’s? I’ve spoke to a couple and none are what I call cheap - plus they all want the Tracker activated which I guess is another £275 a year?

I’m mid 40s, clean license held for over 25yrs, no accidents or claims (9+ NCB which is actually about 25yrs but they all seem to stop counting at 9 now). Best quote I’ve had is £500, next best £800 and both of those are with a 1200 excess!

Any ideas, as at the mo I’m ready struggling to justify the purchase!

Edited by TwoManyCars on Tuesday 15th March 20:26

[TwoManyCars]

Gnevans said:

I’m with Aviva age 55 paying £370 approx (£308 for ten months)on a Taycan 4S no tracker. I have two cars on a multcar policy.

That’s come in at 900 for me! Wow

[TwoManyCars]

ds666 said:

TwoManyCars said:

Who seem to be the best insurer for Taycan’s? I’ve spoke to a couple and none are what I call cheap - plus they all want the Tracker activated which I guess is another £275 a year?

I’m mid 40s, clean license held for over 25yrs, no accidents or claims (9+ NCB which is actually about 25yrs but they all seem to stop counting at 9 now). Best quote I’ve had is £500, next best £800 and both of those are with a 1200 excess!

Any ideas, as at the mo I’m ready struggling to justify the purchase!

Edited by TwoManyCars on Tuesday 15th March 20:26

Do you think £500 is expensive ?

Given I’ve never had an accident or points or claim in over 25 years of driving, yes I think it’s expensive when you include I MUST have a tracker so that’s 500 plus 275ish is nearly £800. Given my Continental GT was sub £300, my A110 £250, my 430 Spider was £350ish. 911s etc for years, I’ve haven’t paid more than 400 in the last 10years (probably 40cars in total in that time) with the exception of my RRS which is ridiculous at about 700.

So yes I do think it’s expensive as it’s basically £800 and a massive excess.

[TwoManyCars]

Even my Porsche dealer said I didn’t want the tracker as it can and does cause issues!!!

[TwoManyCars]

Murph7355 said:

I'd shop around....though looking at 21ATS' experience on repairs on one of these, it wouldn't surprise me if premiums go up...

I’ve been online and had quite a lot of quotes come in - some over 2700 with 1k excess. It is concerning as if this is the start of a trend then resale prices will be hit hard - as an outright purchaser it does make me rather worried.

[TwoManyCars]

ds666 said:

Quotes always have a large spread .

I do get the impression you are looking to either not buy or sell the car ….
How much did you spend on extras ?

It’s a used car at OPC. I’ve done quite a bit of research today on them and have decided to cancel the purchase. Too much of a ££££ risk for me given what I’ve read.

[TwoManyCars]

MrVert said:

What is it that’s put you off?

I’ve done a bit more research and there is an awful lot online about quality issues - 21ATS's experience is a major off put and seems farcical - not that I’m doubting him at all, I’ve had a lot of Porsche’s and his experience doesn’t come as a surprise.

I experienced the strange braking issue others have mentioned where it goes from soft to firm to soft within a two minute window which just doesn’t feel like a Porsche tbh.

The insurance cost is also a concern because it all adds up. At the beginning the man maths worked out ok, but now it’s going the other way.

The thing that really is a positive is I did the deal at sub 80k for a well specced 21plate car…….

[TwoManyCars]

Murph7355 said:

TwoManyCars said:

I’ve been online and had quite a lot of quotes come in - some over 2700 with 1k excess. It is concerning as if this is the start of a trend then resale prices will be hit hard - as an outright purchaser it does make me rather worried.

You're buying a 100k+ car outright and worried about a £500 insurance premium?

Sub 80. It’s more where the other premiums are tbh. That is the cheapest by a LONG way, the majority are 1200-1500, I’m thinking of 1yrs time when all may be considerably higher. Plus as I’ve mentioned, I’ve had cars over this value before but not had to pay that much - it just seems overly high to me in comparison to what I pay for my other cars.

[TwoManyCars]

Murph7355 said:

A sub 80k Taycan?

There's always one insurer trying to win business. So I wouldn't worry about that.

Do you have multiple cars? Try a fleet policy.

A wife/partner? Add them.

A dad/mum? Ditto.

All can help.

Yes - it’s a RWD with standard battery.

Am I just being crazy then?

[TwoManyCars]

ds666 said:

TwoManyCars said:

Murph7355 said:

A sub 80k Taycan?

There's always one insurer trying to win business. So I wouldn't worry about that.

Do you have multiple cars? Try a fleet policy.

A wife/partner? Add them.

A dad/mum? Ditto.

All can help.

Yes - it’s a RWD with standard battery.

Am I just being crazy then?

Yip - who'd buy the RWD one ?

Well in the end I did, because we only live once and it’s all the power I need tbh. And it’s now sitting on the driveway. Not had a chance to play with it yet as had a manic day.

[TwoManyCars]

ds666 said:

Blimey . Bit of a volte face
Custard required .

Moneyshot? Man you are sick.

Or do you mean powdered?? On bananas? On an apple crumble? Oh wait….am I your biatch????

[TwoManyCars]

[TwoManyCars]

Flying machine said:

Good for you! For what it's worth, I'm really impressed with my Taycan having had it about a month and driven 1500 miles in it. The only thing that I don't like is the sheer size of the thing!

Did you manage to get sensible insurance sorted? I'm same sort of age as you and renewed insurance last week on my CT Turbo. I did have a quick look on a couple of compare sites and got some weirdly daft prices from around 2.7k So I just accepted my renewed quote my current multicar policy with Admiral - 480.

Enjoy your new car!

Managed to get if for a whisker under £500 plus the security fee which was £265 I think.

Decided to go PCP in the end as deal offered was very attractive. Everything last minute and I’m guessing they rushed getting the car out because……

Annoyed this morning though to find 3tyre pressures at 2.5 bar, 1 at 2.0bar, two dust caps missing. They also refurbed all wheels (when only two needed doing) and not the best job. Also had a small stone chip on front wing and they’ve painted the whole wing. And it it terrible. The worst I’ve seen. Ever.

Got meetings for most of today but need to give the car a proper looking over. We were in a rush because I had to pick car up just before they were closing then rush to get my son to football. I didn’t even look over the car. Feel like a total plonker. Never buy in a rush. Ever.

[TwoManyCars]

Murph7355 said:

TwoManyCars said:

Managed to get if for a whisker under £500 plus the security fee which was £265 I think.

Decided to go PCP in the end as deal offered was very attractive. Everything last minute and I’m guessing they rushed getting the car out because……

Annoyed this morning though to find 3tyre pressures at 2.5 bar, 1 at 2.0bar, two dust caps missing. They also refurbed all wheels (when only two needed doing) and not the best job. Also had a small stone chip on front wing and they’ve painted the whole wing. And it it terrible. The worst I’ve seen. Ever.

Got meetings for most of today but need to give the car a proper looking over. We were in a rush because I had to pick car up just before they were closing then rush to get my son to football. I didn’t even look over the car. Feel like a total plonker. Never buy in a rush. Ever.

Avoid using it now and get straight back to them.

Presumably not an OPC?

Yes OPC.

So it turns out the 3 wheels at 2.5bar have been refurbed - badly. The one at 2.0bar hasn’t been refurbed as there’s nothing wrong with it.

I don’t want to share photos at the moment as feel it would be unfair on the OPC as haven’t given them time to respond. I’ve asked to speak to the dealer principal. I’ve never experienced this from a main dealer before to this extent.