Anyone placed an Order for the Taycan yet?

Anyone placed an Order for the Taycan yet?

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Discussion

shopper150

1,576 posts

195 months

Sunday 18th October 2020
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Taffy66 said:
aying either through a PCP, Cash or otherwise makes no difference. The entire £120K is allowable against your taxable profit in the year its purchased less the private use proportion.
The only scenario where only the monthly payments would be tax deductible would be by Leasing or Contract hire.
Is it possible to create a loss?

PrancingHorses

2,714 posts

208 months

Sunday 18th October 2020
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CloudStuff said:
After a lot of faff, I have this going into production on 16 Nov:

https://www.porsche.com/microsite/porsche-code/def...

Too fast for the road - probably.

Seatbelts clash with calipers? Probably.

But this is exactly as I want it, light on driver aids, heavy (in every sense) on drivetrain tech.
Drop the 150kw on board booster as its not needed in the UK. You will only need it if you road trip to the EU

https://www.drivingelectric.com/comment/1683/optio...

CloudStuff

3,702 posts

105 months

Monday 19th October 2020
quotequote all
PrancingHorses said:
CloudStuff said:
After a lot of faff, I have this going into production on 16 Nov:

https://www.porsche.com/microsite/porsche-code/def...

Too fast for the road - probably.

Seatbelts clash with calipers? Probably.

But this is exactly as I want it, light on driver aids, heavy (in every sense) on drivetrain tech.
Drop the 150kw on board booster as its not needed in the UK. You will only need it if you road trip to the EU

https://www.drivingelectric.com/comment/1683/optio...
Cheers 'orses. I will be taking it to Germany. Plus the beast is now locked.....:-)

LooneyTunes

6,888 posts

159 months

Saturday 31st October 2020
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I’ve just heard that ours is built and at the dock. Should be with us in a couple of weeks time.

Does anyone know what the largest deposit is that Porsche lets you put down on a PCP? (I hate selling cars at the best of times but really don’t want the hassle of trying to sell/trade in an EV in a few years, but equally don’t want to pay more than I have to in finance charges)

Cheib

23,288 posts

176 months

Saturday 31st October 2020
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LooneyTunes said:
I’ve just heard that ours is built and at the dock. Should be with us in a couple of weeks time.

Does anyone know what the largest deposit is that Porsche lets you put down on a PCP? (I hate selling cars at the best of times but really don’t want the hassle of trying to sell/trade in an EV in a few years, but equally don’t want to pay more than I have to in finance charges)
It becomes counter productive to put a big PCP deposit down, I asked my OPC Business Manager to give me some illustrations and you don’t get any benefit from it. I thought it might be a way to get a good residual etc but “the computer said no”

LooneyTunes

6,888 posts

159 months

Saturday 31st October 2020
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Interesting. Are you saying that if you go larger on the deposit then they reduce the GFMV?

Not sure how it works otherwise as the monthlies are, generalising slightly, (list price - deposit - GFMV + finance charges)/[36]? Where finance charge is borrowed sum with apr applied, so all other things being equal a bigger deposit should reduce the overall cost.

What I had in mind was to reduce the element on which interest is charged whilst still having a proper GFMV and the option of handing the car back at the end.

danjp

129 posts

172 months

Saturday 31st October 2020
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That what I do. Maximum deposit - basically the price minus the GFV - which means that your monthly payments are just the interest on the GFV sum. Certainly saves you money over the long term, as long as you don't need to use the cash you are tying up, or can realise a guaranteed rate of return over the finance APR.. To my mind, with an unknown long term view of what a car like this will be worth in 3 years, and the money one loses on margin at trade in, it's nice to know what your maximum cost will be - and you don't have the hassle to trading it back or selling.

With the Taycan I certainly would be doing this, as there are 2 aspects that would concern me about future values - one, the change in battery tech in 3 years, and two the fact that nearly all new purchases will be put through company accounts to realise the 100% WDA - and this is not available for a used purchase - so who is going to buy a used one? I wouldn't, as even through my sole trader accounts with only a percentage of the use allowable, the saving is still significant, and makes a nonsense of buying used. Hence the current full new order books, but lets see where the used prices are in a while..

I'm sure there are lots of reasons why I'm wrong however..

LooneyTunes

6,888 posts

159 months

Saturday 31st October 2020
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I agree. Like you I just don’t see what the market for these will be in 3 years time. I know a few people buying these at present, all financing in some way, which also makes me concerned that there could be oversupply on the used market when they all start hitting 3 years old.

Taffy66

5,964 posts

103 months

Saturday 31st October 2020
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I used PCP to buy my Taycan 4S which i picked up a couple of weeks ago. The secret with a PCP is to only choose the lowest annual mileage per annum(5K) and keep the term to a maximum of two years. As long as you borrow at least the GFV to avoid lowering it by default. Having the shortest term coupled with the lowest mileage allowance will maximise the GFV which is what you want with a Taycan.
Its only a paltry 17p/mile penalty for any excess mileage over the agreed amount which is cheaper than raising the annual allowance as it doesn't adversely affect the GFV.
Another way of getting the best out of a PCP is limiting options as these don't add value to the GFV. The one exception to this rule is the Performance Plus battery which does increase the GFV, but this option is an absolute 'must have' in its own right anyway.

LooneyTunes

6,888 posts

159 months

Sunday 1st November 2020
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Thanks. Whilst limiting the options isn’t an option, I hadn’t thought about the mileage element of PCP.

Suspect delivery date might now be pushed back a bit as a result of the lockdown, which brings a new dilemma of whether to take delivery in Dec or hold off for a Jan 2021 registration.

Anonymous-poster

12,241 posts

207 months

Sunday 1st November 2020
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Cheib said:
It becomes counter productive to put a big PCP deposit down, I asked my OPC Business Manager to give me some illustrations and you don’t get any benefit from it. I thought it might be a way to get a good residual etc but “the computer said no”
Surely the bigger deposit saves interest?

Cheib

23,288 posts

176 months

Monday 2nd November 2020
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I’ve got a Taycan loan car whilst Cayenne is in being serviced. Overall really impressed with it but got a real feel for range anxiety and lack of fast charging today ! 2pm got a call to say Cayenne would be another day due to parts on order. Taycan has 80 mile range and I had to drop my son at cricket training at 5pm in Northampton 50 miles away. So we jump in the Taycan with me thinking I’d charge the car in the two hours I had whilst my son was at his coaching. Drop him off and do a search for charging stations...the nearest fast charging station is 15 miles away at the M1 services so I find one nearby in Northampton....70 mins on the charger yields a massive 17 miles of range ! So I’ve still got less range than the distance home. On the way home fast charging station on the M1 services is full so go into Milton Keynes and go to the IONITY station there....which is another world. 160 miles angle added in 30 mins.

So I guess as long as your 200 mile range you get from an overnight charge is good for 90% of your daily use it’s all good. Otherwise I think the infrastructure just isn’t there from today’s experience.

My impression of the car is I think a Turbo or Turbo S is just way too much money for what the car delivers. The performance/spec (big wheels) hurt the range and like all the four seater Porsche’s I really struggle to think of any of them as cars worth spending more than £100k on. A specced Turbo S at £50k more than a 4S is just daft money IMHO given what that £50k gets you and how much of it can actually be enjoyed/exploited.

Taffy66

5,964 posts

103 months

Tuesday 3rd November 2020
quotequote all
Cheib said:
I’ve got a Taycan loan car whilst Cayenne is in being serviced. Overall really impressed with it but got a real feel for range anxiety and lack of fast charging today ! 2pm got a call to say Cayenne would be another day due to parts on order. Taycan has 80 mile range and I had to drop my son at cricket training at 5pm in Northampton 50 miles away. So we jump in the Taycan with me thinking I’d charge the car in the two hours I had whilst my son was at his coaching. Drop him off and do a search for charging stations...the nearest fast charging station is 15 miles away at the M1 services so I find one nearby in Northampton....70 mins on the charger yields a massive 17 miles of range ! So I’ve still got less range than the distance home. On the way home fast charging station on the M1 services is full so go into Milton Keynes and go to the IONITY station there....which is another world. 160 miles angle added in 30 mins.

So I guess as long as your 200 mile range you get from an overnight charge is good for 90% of your daily use it’s all good. Otherwise I think the infrastructure just isn’t there from today’s experience.

My impression of the car is I think a Turbo or Turbo S is just way too much money for what the car delivers. The performance/spec (big wheels) hurt the range and like all the four seater Porsche’s I really struggle to think of any of them as cars worth spending more than £100k on. A specced Turbo S at £50k more than a 4S is just daft money IMHO given what that £50k gets you and how much of it can actually be enjoyed/exploited.
Pretty much agree with you on which version to buy. I nearly went for a Turbo but glad my head decided a 4S with PB+ was plenty for my needs. The big 21'' rims really hammers the range based on my long testdrive from Cardiff to Swindon and back. Hence i chose the optional 20'' Sport Aero wheels which improve the range and ride to a noticeable degree.
Mine came to £103k which was my absolute limit. The Taycan doesn't need any of the expensive chassis options in my experience. Pano roof and full leather are absolute must haves with 4 zone climate, Adaptive cruise nice to have.

LooneyTunes

6,888 posts

159 months

Tuesday 3rd November 2020
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Same here. Didn’t see the point of paying the extra for the Turbo/S performance for something that is only going to be used locally.

Don’t really see charging it anywhere other than home simply because the time/hassle finding available charging points en route will make journeys too unpredictable.

AB

16,988 posts

196 months

Tuesday 3rd November 2020
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I envisage charging at the office mostly and not bothering when I get home.

In terms of spec, I keep changing my mind but it hasn't been locked in yet. I'm currently at this point http://www.porsche-code.com/PMVE78J5 with £110k being the limit that mentally I'm happy with.

I've got 3 hours in one this lunchtime and a sit down with the dealer so I imagine I'll be a lot clearer after that.

Cheib

23,288 posts

176 months

Tuesday 3rd November 2020
quotequote all
It would be interesting to see what the wheels do to the range Taffy “mine” has the Mission E wheels. Have to say the car is in it’s element on the motorway....sat at a constant 70 the ride was excellent even on the big wheels and the lack of engine vibration made it a very nice place to be.

Got the bill through from Ionity this morning. £35. Not cheap motoring !

Taffy66

5,964 posts

103 months

Tuesday 3rd November 2020
quotequote all
Cheib said:
It would be interesting to see what the wheels do to the range Taffy “mine” has the Mission E wheels. Have to say the car is in it’s element on the motorway....sat at a constant 70 the ride was excellent even on the big wheels and the lack of engine vibration made it a very nice place to be.

Got the bill through from Ionity this morning. £35. Not cheap motoring !
The Mission e wheels were also fitted to our demo and i noticed when driving exclusively on the M4 to Swindon and back that at 80MPH the range was a lot less than originally predicted by the PCM. I estimate mine with the 20'' Sport Aero wheels offer a good 10% more range and even more when travelling at speed on motorways.
I will charge nearly exclusively at home where i have an industrial 33A socket with Ionity only used on the rare occasions we venture further than 120 miles from home. Porsche Ionity charging costs 30p/Kw which is expensive compared to my home charging on my commercial PV solar system where it costs me only 6p/Kw in lost export electricity income.
I estimate you put in roughly 70Kw in your demo which would have cost £21 with Porsche compared to the £35 you paid.

Robbo66

3,834 posts

234 months

Tuesday 3rd November 2020
quotequote all
Cheib said:
I’ve got a Taycan loan car whilst Cayenne is in being serviced. Overall really impressed with it but got a real feel for range anxiety and lack of fast charging today ! 2pm got a call to say Cayenne would be another day due to parts on order. Taycan has 80 mile range and I had to drop my son at cricket training at 5pm in Northampton 50 miles away. So we jump in the Taycan with me thinking I’d charge the car in the two hours I had whilst my son was at his coaching. Drop him off and do a search for charging stations...the nearest fast charging station is 15 miles away at the M1 services so I find one nearby in Northampton....70 mins on the charger yields a massive 17 miles of range ! So I’ve still got less range than the distance home. On the way home fast charging station on the M1 services is full so go into Milton Keynes and go to the IONITY station there....which is another world. 160 miles angle added in 30 mins.

So I guess as long as your 200 mile range you get from an overnight charge is good for 90% of your daily use it’s all good. Otherwise I think the infrastructure just isn’t there from today’s experience.

My impression of the car is I think a Turbo or Turbo S is just way too much money for what the car delivers. The performance/spec (big wheels) hurt the range and like all the four seater Porsche’s I really struggle to think of any of them as cars worth spending more than £100k on. A specced Turbo S at £50k more than a 4S is just daft money IMHO given what that £50k gets you and how much of it can actually be enjoyed/exploited.
I wouldn't consider any EV car unless it was specifically for local shopping/city trips. The infrastructure simply isnt there, The mini, Honda etc are good little runabouts, but the higher end ...forget it.

DMC2

1,835 posts

212 months

Tuesday 3rd November 2020
quotequote all
AB said:
I envisage charging at the office mostly and not bothering when I get home.

In terms of spec, I keep changing my mind but it hasn't been locked in yet. I'm currently at this point http://www.porsche-code.com/PMVE78J5 with £110k being the limit that mentally I'm happy with.

I've got 3 hours in one this lunchtime and a sit down with the dealer so I imagine I'll be a lot clearer after that.
That's how I envisaged charging mine, at the office every day. Then the world changed and I'm not in my office. In fact, at most I'll have to commute a couple of days a week when things get back to 'normal'. This made having the Taycan pointless as the charging network around me is utterly appalling. So bye bye Taycan.

Digga

40,373 posts

284 months

Tuesday 3rd November 2020
quotequote all
Robbo66 said:
I wouldn't consider any EV car unless it was specifically for local shopping/city trips. The infrastructure simply isnt there, The mini, Honda etc are good little runabouts, but the higher end ...forget it.
^This. Mrs Digga has won the EV race in our household (has new I-Pace arriving tomorrow) so that means a.) she has first dibs at the chargepoint we're having installed and b.) the 'other' sensible (i.e. non 911) car needs to have range and versatility. So I'm looking at petrol hybrid.