Taycan Cross Turismo: Buy New vs Buy Certified vs Lease

[IrishCVG]

So I previously ordered a Taycan Cross Turismo back in 2021 but due to supply chain issues it never came in and I had to pivot. After waiting forever pulled the trigger on Q8 eTron. Leased it since it was my first EV. Never leased before and prefer owning.

Still lusting after the Taycan though. I have been saving up with the intention of buying a certified vehicle to save a ton and not stress about depreciation. As I get closer to time to purchase (Audi lease ending), I am having 2nd thoughts. Here are the 3 scenarios. For clarity, I’ll presume $100K certified vehicle compared to $150K new. I also have $80K for down payment.

Option 1
Certified Taycan. I spend $80K leaving savings empty. Still have to finance, about $1K monthly for 24 mo. Then I own it. Normal depreciation so I feel like I got a deal.

Option 2
New Taycan. I spend $80K, finance 4 years and pay $1800 a month. Then I own it. I obviously experience significant depreciation, so I lost for the sake of a new car

Option 3
New Taycan. I spend $20K to lease at 3 years. Lease is $1800 a month. I turn it in in 3 years. But I have $60K left in the bank.

I could also buy new but just put less down and have a higher monthly payment. I was trying to keep the monthly’s similar for the example. If I went with Option 2 and only put $20K down, my monthly would go to $2700 on a 5 year finance.

Any advice? Assume I am not a multimillionaire, but my monthly income is not hurt by any option. I do alright. It’s more the principle of what I am paying for and the mental hurdle of trying to make the best decision when I’m spending stupid money on a car!

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[Scandinavian]

I would absolutely lease the car, ie your alternative 3. The Taycan is so outdated technology wise now and the development speed is increasing. Who knows where Porsche are in 3 years or if they even are in the market any longer?

Lease with an potion to buy and you have a long time to see the development

 

[Crazymind]

It’s not a financial decision, buying a Taycan is just a stupid decision . This said I am on my second…
If it was my personal money I would not go near anything new, just the best 2024 j1.2 I could find. They are already down 30k plus…60 to 70 probably you’ll even find a 4S well equipped. 40 k down and 30 in 48 months. keep your cash and enjoy it…

 

[Mr.Smith]

Lease a 2025 before September is done. Get $17,500 plus at least 10% off.

J1.2 is a much better car between the battery tech and the suspension, bugs worked out.

It's a bad financial decision no matter how you look at it.
Get it to enjoy and not think about that finances. No other way to justify it

 

[lionheart]

I'd highly recommend to checkout the lease options available on leasehackr. You can lease new demo cars, and even CPO cars and get great deals.

I recently just leased a new 2025 Taycan 4 (~$123k MSRP) for $5,500 total down and $1,166 a month for 2 years. This makes the total cost per year about $16k.

 

[PDAZ]

I would go for a certified Tycan, after 2-3 years, about 50% depr and then is the next years only 10%/yrs for the next few years... i hope this way...

 

[glengarrygr]

Lease a 2025 before September is done. Get $17,500 plus at least 10% off.

J1.2 is a much better car between the battery tech and the suspension, bugs worked out.

It's a bad financial decision no matter how you look at it.
Get it to enjoy and not think about that finances. No other way to justify it

This is what I did.

 

[IrishCVG]

Wait: please explain this $17500 and 10% option.

Will dealers give me an automatic 10% discount on MSRP for the prior 2025 model year? Seems unlikely for Porsche. Is this a standard deal or do I have to fight for it?

Also, I get the federal EV credits end this month. I also get that if you lease you get the full $7500 from most manufacturers. So where does $17500 come in? Is this some Porsche deal on leases?

If these are both real options, then my decision becomes simple and my timeline becomes this month.

Please advise!

 

[Mr.Smith]

Wait: please explain this $17500 and 10% option.

Will dealers give me an automatic 10% discount on MSRP for the prior 2025 model year? Seems unlikely for Porsche. Is this a standard deal or do I have to fight for it?

Also, I get the federal EV credits end this month. I also get that if you lease you get the full $7500 from most manufacturers. So where does $17500 come in? Is this some Porsche deal on leases?

If these are both real options, then my decision becomes simple and my timeline becomes this month.

Please advise!

Invoice is around 10% on Taycan so dealers just want to dump it. Orr than that, the dealer really needs to move to car and you can push for higher discounts.

The general, non-unicorn deal is 10% off.

The issue is the options with Porsche. If you are picky, 10% is what you can get.

$17,500 breakdown:
$7500 Federal lease credit
$10,000 lease match. Dealers that chose to lose an additional $5000 over the 10% invoice will be matched by Porsche Financial services the other $5000.

My car was a custom, non-inventory car, so they were not going to lose another $5k, so I didn't get that $10k Lease Match.

Will DM you

 

[rosenblumr]

Wow, this got way too long, apologies in advance.

I went through some of the same decision-making process. I really wanted the 25 because of the new batteries, and active ride if I could get it. I also wanted a Cross Turismo, but would take a sport turismo as well. Preferred to be be 4S or better. Very few out there. Oh, and wife didn’t want me to get black (live in vegas, and she thinks it will get too hot).

I was pretty close negotiating on a couple of different 2024 turbo's and turbo S's that had significant depreciation. I saw a 24 Turbo with an odd interior I liked original list 196ish, 35 miles on it, selling for 134K, first owner 3 months ago, so basically full warranty. But I thought it was worth about 125K given other cors I had seen. So decided to hold out.

I called a dealer about a 24 Turbo-S that just came in with about 5K miles, asking 139K, which I actually thought was a fair deal. I was waiting on details. He wouldn’t even really sell it to me yet, because he wasn’t sure if they were going to repair the wheels, or replace them. He told me he would have an answer the next day. 2 hours later it was sold to someone that walked in.

So I took what I learned on this, and the leasehckr forum, and decided to take a flyer and try to buy a new one at a steep discount. I make deals for a living, but I still hired a broker, because I didn’t want the dealer to think I was too invested in the car. He knows a broker could call 10 places. And the broker also knows the GM's etc...

Had 3 cars in mind, but the same goal.

10-15% off
All rebates

I realized later that GTS and up dealer match of 7500 gets another 7500 from porsche. So rebates end up being 15K+7500 federal, or 22,500.

One car listed at (GTS) 196K, another at 250K (Turbo-S), and third a 4S (which I would have spent 3K to buy the "upgrade box for) for maybe 170K (I don’t recall exactly). The 4S didn’t have some other options I wanted, and would only get a 17,500 rebate instead of the 22,500.

Anyway, they did offer (including rebates) to get the 258K car down to about 200K (maybe 202K, I don’t recall exactly), but then they wanted to charge me like 16% interest on the lease! Oh, when I showed my wife the pictures, she didn’t like....wait for it....the color of the seat belts ;-). So I didn’t counter.

It took a couple of days to get an answer back on the GTS, which was my first choice of the 3 anyway. I didn’t really want the bordeaux/black interior, but it was one of these 3 cars or wait a number of months till I saw one used, for probably less, but not THAT much less, based on what they came back with.

Well, they came back with an 11% discount, and the full 22,500 in rebates. (Of note, they are disocunting 11%, but remember they are also eating the 7500 to get the porsche match, so that is another 3.25%, so they are really discounting a bit over 14%). They charged me a hair over the porsche prime rate (Chat GPT said it amonted to about 1,100). So I pulled the trigger.

Brand new ST GTS, for about 44K off of list. 2-year single pay lease. So Maybe I keep it, maybe I give it back. Residual is like 120-125K, but the way I look at it, is that I can earn (or save in interest) about 8% on the 120K per year, so I am saving about 20K anyway by not paying cash. So my net cost on the car will be about 150K if I elect to buy it in 2 years.

This also helps me understand WHY these depreciate so much. If I choose not to take the car in 2 years, and the car has depreciated to 110K, people will say "wow, someone paid 90K to drive the car for 2 years!" Because there is this assumption that the person paid 196K. When in reality I would have paid 48Kish (plus taxes etc) to drive it for 2 years.

I am not saying that 48K is good, or cheap, or whatever. I am just saying it is roughly half of what people assume these are selling for.

So when I was deciding between a 2025 GTS with active ride, for 150K v a 2024 turbo with 35 miles for 130K, for me, it wasn’t that close. If it was 120K v 170K I would have gone for the 2024.

 

[Mr.Smith]

Wow, this got way too long, apologies in advance.

I went through some of the same decision-making process. I really wanted the 25 because of the new batteries, and active ride if I could get it. I also wanted a Cross Turismo, but would take a sport turismo as well. Preferred to be be 4S or better. Very few out there. Oh, and wife didn’t want me to get black (live in vegas, and she thinks it will get too hot).

I was pretty close negotiating on a couple of different 2024 turbo's and turbo S's that had significant depreciation. I saw a 24 Turbo with an odd interior I liked original list 196ish, 35 miles on it, selling for 134K, first owner 3 months ago, so basically full warranty. But I thought it was worth about 125K given other cors I had seen. So decided to hold out.

I called a dealer about a 24 Turbo-S that just came in with about 5K miles, asking 139K, which I actually thought was a fair deal. I was waiting on details. He wouldn’t even really sell it to me yet, because he wasn’t sure if they were going to repair the wheels, or replace them. He told me he would have an answer the next day. 2 hours later it was sold to someone that walked in.

So I took what I learned on this, and the leasehckr forum, and decided to take a flyer and try to buy a new one at a steep discount. I make deals for a living, but I still hired a broker, because I didn’t want the dealer to think I was too invested in the car. He knows a broker could call 10 places. And the broker also knows the GM's etc...

Had 3 cars in mind, but the same goal.

10-15% off
All rebates

I realized later that GTS and up dealer match of 7500 gets another 7500 from porsche. So rebates end up being 15K+7500 federal, or 22,500.

One car listed at (GTS) 196K, another at 250K (Turbo-S), and third a 4S (which I would have spent 3K to buy the "upgrade box for) for maybe 170K (I don’t recall exactly). The 4S didn’t have some other options I wanted, and would only get a 17,500 rebate instead of the 22,500.

Anyway, they did offer (including rebates) to get the 258K car down to about 200K (maybe 202K, I don’t recall exactly), but then they wanted to charge me like 16% interest on the lease! Oh, when I showed my wife the pictures, she didn’t like....wait for it....the color of the seat belts ;-). So I didn’t counter.

It took a couple of days to get an answer back on the GTS, which was my first choice of the 3 anyway. I didn’t really want the bordeaux/black interior, but it was one of these 3 cars or wait a number of months till I saw one used, for probably less, but not THAT much less, based on what they came back with.

Well, they came back with an 11% discount, and the full 22,500 in rebates. (Of note, they are disocunting 11%, but remember they are also eating the 7500 to get the porsche match, so that is another 3.25%, so they are really discounting a bit over 14%). They charged me a hair over the porsche prime rate (Chat GPT said it amonted to about 1,100). So I pulled the trigger.

Brand new ST GTS, for about 44K off of list. 2-year single pay lease. So Maybe I keep it, maybe I give it back. Residual is like 120-125K, but the way I look at it, is that I can earn (or save in interest) about 8% on the 120K per year, so I am saving about 20K anyway by not paying cash. So my net cost on the car will be about 150K if I elect to buy it in 2 years.

This also helps me understand WHY these depreciate so much. If I choose not to take the car in 2 years, and the car has depreciated to 110K, people will say "wow, someone paid 90K to drive the car for 2 years!" Because there is this assumption that the person paid 196K. When in reality I would have paid 48Kish (plus taxes etc) to drive it for 2 years.

I am not saying that 48K is good, or cheap, or whatever. I am just saying it is roughly half of what people assume these are selling for.

So when I was deciding between a 2025 GTS with active ride, for 150K v a 2024 turbo with 35 miles for 130K, for me, it wasn’t that close. If it was 120K v 170K I would have gone for the 2024.

Great deal

The base MF is .0035 or 8.4%, 1 pay is .00045 lower or 1%

 

[rosenblumr]

thanks. Then I did overpay by a little bit more since they didn’t lower my money factor for doing the 1 pay. I am still ok with it all, I mean it isn't like the dealer made much on the car. So maybe I left 2K on the table. So be it!

Still glad to know. Will help for next time! (maybe in 2 years ;-) )

 

[IrishCVG]

Thanks for the incredible advice. I was in between the 4S and GTS. I preferred the styling and slight elevation of the 4S, but that extra lease rebate sure gave me second thoughts.

With the help here, I was able to find a near perfect spec in a neighboring state. Contacted their sales manager and stated my terms: 10% of invoice, $17500 rebate for lease of 39 months. Put my deposit down yesterday.

One other awesome deal for others: Welcome to Porsche. If you are like me and leasing a rival EV, Porsche Financial will pay off your final 6 lease payments if you’re within a year of lease end. I think it caps at $1500 per month.

I have 6 payments left in my Audi q8 eTron, so I’ll be getting a check for $6000 at signing. They don’t even want the car. So I could just keep it and continue to drive it. I do t need another car right now, so I’m just going to turn it in.

 

[Mr.Smith]

Thanks for the incredible advice. I was in between the 4S and GTS. I preferred the styling and slight elevation of the 4S, but that extra lease rebate sure gave me second thoughts.

With the help here, I was able to find a near perfect spec in a neighboring state. Contacted their sales manager and stated my terms: 10% of invoice, $17500 rebate for lease of 39 months. Put my deposit down yesterday.

One other awesome deal for others: Welcome to Porsche. If you are like me and leasing a rival EV, Porsche Financial will pay off your final 6 lease payments if you’re within a year of lease end. I think it caps at $1500 per month.

I have 6 payments left in my Audi q8 eTron, so I’ll be getting a check for $6000 at signing. They don’t even want the car. So I could just keep it and continue to drive it. I do t need another car right now, so I’m just going to turn it in.

There is conquest and taycan lease loyality to 12 months

What documents did they need for your Audi?

 

[IrishCVG]

Just the lease copy.

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