Taycan 4S Cross Turismo

Taycan 4S Cross Turismo

Author
Discussion

JJMatrixx

751 posts

160 months

Friday 2nd June 2023
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Digga said:
stuckmojo said:
I was causally browsing used Taycans while having a fit of rage for my tax returns and I had not appreciated how fast they lose value. £40k in the first year, reading above. ??. I almost thought about leasing one through work and push my net income down to avoid funding even more government waste but wow. Porsche finance, 10.6% ??????
Yeah, it’s huge!

I bought mine and am considering running it for longer now. It’s 19 months in and still under 10k miles.
Leased mine - c.£100k list (now £108.5k on the congif!!)

Pay £1,150+VAT on a 1+23, 10k.

By the time BIK and other savings are taken into account, that's a net cost of about £750-800 a month so a total cost of £18/19k. When I started following this thread there was a lot of chat around Lombard loans, but my lease cost is about half the depreciation, never mind adding on the finance costs. Absolute no-brainer to lease these.

Digga

40,354 posts

284 months

Friday 2nd June 2023
quotequote all
JJMatrixx said:
Digga said:
stuckmojo said:
I was causally browsing used Taycans while having a fit of rage for my tax returns and I had not appreciated how fast they lose value. £40k in the first year, reading above. ??. I almost thought about leasing one through work and push my net income down to avoid funding even more government waste but wow. Porsche finance, 10.6% ??????
Yeah, it’s huge!

I bought mine and am considering running it for longer now. It’s 19 months in and still under 10k miles.
Leased mine - c.£100k list (now £108.5k on the congif!!)

Pay £1,150+VAT on a 1+23, 10k.

By the time BIK and other savings are taken into account, that's a net cost of about £750-800 a month so a total cost of £18/19k. When I started following this thread there was a lot of chat around Lombard loans, but my lease cost is about half the depreciation, never mind adding on the finance costs. Absolute no-brainer to lease these.
Yes. It's a good point.

I wonder though (and this applies equally to HP route too) what current rates would be?

JJMatrixx

751 posts

160 months

Monday 26th June 2023
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Anyone heard of a global recall on all Taycans over 6 months old due to a significant build safety concern?!

Sport_Turismo_GTS

866 posts

30 months

Tuesday 27th June 2023
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JJMatrixx said:
Anyone heard of a global recall on all Taycans over 6 months old due to a significant build safety concern?!
Recently there was a 'stop sale' preventing delivery of some cars built during a certain period (Campaigns WNT8 and WNT9). For WNT9 there was a 50-day monitoring period where Porsche AG were monitoring certain data before the cars could be released to customers.

Not sure if that is what you are referring to.

W12GT

3,533 posts

222 months

Tuesday 4th July 2023
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I’ve often been critical of the second Taycan I had which was a 4S Sport Turismo. However I recently had the pleasure of a day at Porsche Silverstone. I cannot believe how the car behaved. It was without doubt amazing. It’s my 3rd time doing an experience there and the instructors are awesome; I cannot believe how hard my one pushed me - to the point that I was chasing a 992 GT3 and keeping up; what was more shocking was that after a few laps of being hot on it’s tail I followed it in and it was an instructor showing another chap what it could do. I can’t claim to be a racing driver but it is in my eyes a testament to just how capable they are. If only they can get the build quality issues resolved!

Digga

40,354 posts

284 months

Wednesday 5th July 2023
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W12GT said:
I’ve often been critical of the second Taycan I had which was a 4S Sport Turismo. However I recently had the pleasure of a day at Porsche Silverstone. I cannot believe how the car behaved. It was without doubt amazing. It’s my 3rd time doing an experience there and the instructors are awesome; I cannot believe how hard my one pushed me - to the point that I was chasing a 992 GT3 and keeping up; what was more shocking was that after a few laps of being hot on it’s tail I followed it in and it was an instructor showing another chap what it could do. I can’t claim to be a racing driver but it is in my eyes a testament to just how capable they are. If only they can get the build quality issues resolved!
I think I mentioned this way back, before I took delivery of my 4 CRoss Turismo. My focus on the complimentary half day at PEC Silverstone was more to learn the car’s features and get out onto the public roads to see how it would work as my daily.

The sessions on the PEC circuits were ‘bonus’ but truly surprised me. They can be driven incredibly quickly and precisely.

Jonny TVR

4,534 posts

282 months

Monday 24th July 2023
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I've had a Taycan turbo on order for almost 18 months. I put a £5k deposit down with no discount on the list price. Since then its been delayed 6 months and they gave me a new Cayenne to use for 6 months whilst I wait. It has apparently already been produced some time ago but is waiting for some part. My question is whether dealers are now offering discounts on them for new stock they have? I don't want to receive this car if my deal is no longer that attractive. Anyone know?

franki68

10,415 posts

222 months

Monday 24th July 2023
quotequote all
Jonny TVR said:
I've had a Taycan turbo on order for almost 18 months. I put a £5k deposit down with no discount on the list price. Since then its been delayed 6 months and they gave me a new Cayenne to use for 6 months whilst I wait. It has apparently already been produced some time ago but is waiting for some part. My question is whether dealers are now offering discounts on them for new stock they have? I don't want to receive this car if my deal is no longer that attractive. Anyone know?
Suicidal to buy a new taycan at list ,just look at current used values .

Discombobulate

4,852 posts

187 months

Monday 24th July 2023
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Jonny TVR said:
I've had a Taycan turbo on order for almost 18 months. I put a £5k deposit down with no discount on the list price. Since then its been delayed 6 months and they gave me a new Cayenne to use for 6 months whilst I wait. It has apparently already been produced some time ago but is waiting for some part. My question is whether dealers are now offering discounts on them for new stock they have? I don't want to receive this car if my deal is no longer that attractive. Anyone know?
Worth asking. But even with 10k off - which I doubt you would get - used prices suggest you still face huge depreciation. Great if you can afford it and get the car you want, but worrying nevertheless.

elisered

227 posts

83 months

Monday 24th July 2023
quotequote all
Jonny TVR said:
I've had a Taycan turbo on order for almost 18 months. I put a £5k deposit down with no discount on the list price. Since then its been delayed 6 months and they gave me a new Cayenne to use for 6 months whilst I wait. It has apparently already been produced some time ago but is waiting for some part. My question is whether dealers are now offering discounts on them for new stock they have? I don't want to receive this car if my deal is no longer that attractive. Anyone know?
Worth having a look a the literally dozens (well over 100) of brand new Taycans advertised on the Porsche AUC site - I think that’ll help you understand what is happening to demand currently.

f1eng

151 posts

39 months

Monday 24th July 2023
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Depreciation is certainly suddenly much greater.
Probably caused by massive increase in borrowing costs.
I keep my car for a long time, usually, so depreciation not as important as having the right spec for me to live with a long time.
During the long time I waited for my CT4S I frequently looked for used examples I would be prepared to pay for but never found one, and still can’t.
I detest privacy glass, don’t want a glass roof or black interior and would prefer not monochrome paintwork. That rules all out, even if I can be more tolerant of other options, for example the electric charge port is a pointless item (IMO) but wouldn’t rule a car out for me.

cb31

1,143 posts

137 months

Monday 24th July 2023
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I've had my Taycan for a few weeks now, absolutely love it, what a car. Just took it to the Nurburgring for a couple of laps, very luxurious on the drive down and competent on the track. Charging on the journey was fine, did around 700 miles slightly above the speed limit, cost £59 in electric which is unbelievable. That also includes a couple of v-max attempts on the autobahn and a couple of laps. It really is a fantastic package, even if the depreciation is horrific.

Jonny TVR

4,534 posts

282 months

Monday 24th July 2023
quotequote all
Thanks guys.

It seems as i thoight yhat even with.the company car tax breaks this doesnt now male semse unless i buy a heavily discounted one..

Percy.

780 posts

75 months

Monday 24th July 2023
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cb31 said:
I've had my Taycan for a few weeks now, absolutely love it, what a car. Just took it to the Nurburgring for a couple of laps, very luxurious on the drive down and competent on the track. Charging on the journey was fine, did around 700 miles slightly above the speed limit, cost £59 in electric which is unbelievable. That also includes a couple of v-max attempts on the autobahn and a couple of laps. It really is a fantastic package, even if the depreciation is horrific.
Out of interest, what was your top speed achieved on the de-restricted parts?

Enjoyed watching the 'Out of Spec Reviews' videos of the Taycan in Germany and he didn't hold back when there was no speed limit.


cb31

1,143 posts

137 months

Tuesday 25th July 2023
quotequote all
Percy. said:
Out of interest, what was your top speed achieved on the de-restricted parts?
Not sure exactly, 220 something km/h. Was concentrating more on traffic, felt very stable though and not scary.

Digga

40,354 posts

284 months

Tuesday 25th July 2023
quotequote all
Percy. said:
cb31 said:
I've had my Taycan for a few weeks now, absolutely love it, what a car. Just took it to the Nurburgring for a couple of laps, very luxurious on the drive down and competent on the track. Charging on the journey was fine, did around 700 miles slightly above the speed limit, cost £59 in electric which is unbelievable. That also includes a couple of v-max attempts on the autobahn and a couple of laps. It really is a fantastic package, even if the depreciation is horrific.
Out of interest, what was your top speed achieved on the de-restricted parts?

Enjoyed watching the 'Out of Spec Reviews' videos of the Taycan in Germany and he didn't hold back when there was no speed limit.
Yes, I'd been interested to know real world pace. I've never sought out autobahn stretches just for speed (you want the ones with big, straight gaps between junctions, obviously) so the fastest I have ever achieved in cars was about 160ish. then only for short spells and only where it was relatively 'safe'.

I've wondered what you could actually do in a Taycan.

Cpb1702

418 posts

116 months

Tuesday 25th July 2023
quotequote all
I’m reading everywhere about the ‘massive’ depreciation on Taycans as a fellow owner (business leaser) and starting to wonder whether I should have just bought a used 992 personally, which do seem to be holding their value very well!

I appreciate Porsche generally hold their values better than other brands however how does the Taycan depreciation compare to Audi, BMW, Aston etc in the current period?

Once we get to £60k is the expectation the Taycan used values will hold strong when people are comparing to a brand new M series , Golf R equivalent?

Bailey.

193 posts

10 months

Tuesday 25th July 2023
quotequote all
Cpb1702 said:
I’m reading everywhere about the ‘massive’ depreciation on Taycans as a fellow owner (business leaser) and starting to wonder whether I should have just bought a used 992 personally, which do seem to be holding their value very well!

I appreciate Porsche generally hold their values better than other brands however how does the Taycan depreciation compare to Audi, BMW, Aston etc in the current period?

Once we get to £60k is the expectation the Taycan used values will hold strong when people are comparing to a brand new M series , Golf R equivalent?
I’m looking at lower end used Taycans due to the price drop. If I pay £60k I expect to lose £20k by the time I trade it in.

I’ve not looked at cars for 6 months due to a ban but Taycans seem to be the only car I was looking at to have dropped significantly.

Used M3 awd haven’t dropped at all which surprised me as I expected them to be the cars that would drop the most. I thought BMW would discount new cars to offset interest rates and that would hammer used car values.

Taycan seems to have panamera residuals rather than 911 which makes sense.

Ken Figenus

5,714 posts

118 months

Tuesday 25th July 2023
quotequote all
franki68 said:
Suicidal to buy a new taycan at list ,just look at current used values .
Totally agree. Porsche should be *dropping* prices not putting them up.

My adored 4S CT is worth half of what it was Dec 2021. That's a pretty shocking buy via a car company that wont discount list and that had overs when I bought it after a 15 month wait... Not what I bought into but blame Tesla for discounting???

Looks like I will have to keep it a decade and then keep chickens in it to get any sense of value...

The car, with PDCC, remains seminal and the only people that don't like them are people chatting absolute sh@ite who don't have and have never driven an EV but may have nephews in the Congolese mine that power their iPhone... {boils my p as you can guess - 28kWh put in mine via my solar today alone....}

Jonny TVR

4,534 posts

282 months

Wednesday 26th July 2023
quotequote all
Ken Figenus said:
Totally agree. Porsche should be *dropping* prices not putting them up.

My adored 4S CT is worth half of what it was Dec 2021. That's a pretty shocking buy via a car company that wont discount list and that had overs when I bought it after a 15 month wait... Not what I bought into but blame Tesla for discounting???

Looks like I will have to keep it a decade and then keep chickens in it to get any sense of value...

The car, with PDCC, remains seminal and the only people that don't like them are people chatting absolute sh@ite who don't have and have never driven an EV but may have nephews in the Congolese mine that power their iPhone... {boils my p as you can guess - 28kWh put in mine via my solar today alone....}
Isn't that normal depreciation?