Think about buying a Porsche taycan for a daily driver

[prj]

Why should that be any different than on Tesla Model S? There wasn't any significant drop in Model S price when they reached 8 years. Prices on batteries have dropped already significantly in the last years and will continue to drop. And rarely you will have to replace the whole battery, almost always it's just one or a few paks.

Can't see any big price drops anymore. In contrary, used prices of Taycans have stablilized at least in EU-countries. Here in Finland we have one Taycan for sale under 50k euros. It's a 2021 Base with 153 000km.

Because unlike the Tesla all Taycans until 2024 have battery defects waiting to show up.
In Germany the cheapest Taycans are already around 45k EUR.

Also, if you look at e.g. an 8 year old Panamera, then those are below 40k now, so there's plenty to drop for the Taycans.

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[Pete85]

Because unlike the Tesla all Taycans until 2024 have battery defects waiting to show up.
In Germany the cheapest Taycans are already around 45k EUR.

Also, if you look at e.g. an 8 year old Panamera, then those are below 40k now, so there's plenty to drop for the Taycans.

I do not agree. Yes there are some Taycans under 50 000 eur in mobile.de but mostly with really high kilometres. Also Germany is a problem country as electricity prices are about 3x more than in Finland. Easy to compare as we have a second home in Bavaria.

In 3,5 years when my Taycan reaches 8 years and 160 000 km it will be worth around 35k eur. Thats my guess. It's a depreciation of about 1000 eur per month which is ok for a car in its class.

 

[B61]

Well, good luck with 1k/month
I got 50k for my CT4, so i lost 90k in 4 years.
They resell it for 60k.

 

[Pete85]

Well, good luck with 1k/month
I got 50k for my CT4, so i lost 90k in 4 years.
They resell it for 60k.

You sold the car too early .

 

[B61]

It was not my prefered solution, but i didn’t want to wait two months to fix red error
On the other hand, it’s hard to believe that after additional 4 years, new owner will get 50k for it….but of course, his depreciation won’t be 1k/month

 

[gamueller]

Because unlike the Tesla all Taycans until 2024 have battery defects waiting to show up.

As the new owner of a '21 Taycan, I'm unsurprisingly curious about this.
- Is this a time-based battery degradation, or a manufacturing defect that that comes to light quickly? My car has 45k miles and has not had battery work.
- Are there "good" battery packs? Maybe I have one . In any case, I was able to capture the crazy depreciation.
Sorry if all this has been asked before.

 

[d00d]

Cheer up, if the whole HV pack needs replacing looks like it'll be the J1.2 NMC811 chemistry.

https://www.taycanforum.com/forum/t...cles-up-to-model-year-2024-feb-24-2025.25450/

 

[69Mach390]

Why should that be any different than on Tesla Model S? There wasn't any significant drop in Model S price when they reached 8 years. Prices on batteries have dropped already significantly in the last years and will continue to drop. And rarely you will have to replace the whole battery, almost always it's just one or a few paks.

Can't see any big price drops anymore. In contrary, used prices of Taycans have stablilized at least in EU-countries. Here in Finland we have one Taycan for sale under 50k euros. It's a 2021 Base with 153 000km.

Might be different in Europe, but EVs in the US anywhere near that 8+ year mark are absurdly cheap.

For the Model S? 2013-2014 models with normal mileage are selling for around $8,000. https://www.cargurus.com/Cars/inven...&zip=34209#listing=432679139/FEATURED/DEFAULT

For comparison, that’s about the same price for the same year/mileage Honda Civic.

And the Model S new was 3X the price.

If that’s not a cliff, I don’t know what is.

If you really want a laugh, look at what old Nissan Leaf’s go for. $2-3k. Less than a nice electric bicycle.

 

[Gronk]

Might be different in Europe, but EVs in the US anywhere near that 8+ year mark are absurdly cheap.

For the Model S? 2013-2014 models with normal mileage are selling for around $8,000. https://www.cargurus.com/Cars/inven...&zip=34209#listing=432679139/FEATURED/DEFAULT

That’s not really a fair comparison. Cargurus FL dealers are notorious for ridiculously low advertised prices to get views, but jack up real costs/fees. Plus that one is well past 8 years old, ICE car values (except Toyota/Hondas) also crater.

I don’t think it’s the 8 year threshold on battery warranty that makes a difference, versus regular EV depreciation; given the current depreciation curve, I wouldn’t be surprised to see them worth $30k by then.

 

[69Mach390]

That’s not really a fair comparison. Cargurus FL dealers are notorious for ridiculously low advertised prices to get views, but jack up real costs/fees. Plus that one is well past 8 years old, ICE car values (except Toyota/Hondas) also crater.

I don’t think it’s the 8 year threshold on battery warranty that makes a difference, versus regular EV depreciation; given the current depreciation curve, I wouldn’t be surprised to see them worth $30k by then.

All the fees, etc are in the disclaimers. I looked at cargurus for Honda Civic prices too.

Your characterization of FL dealers and cargurus prices is just plain false, but that’s beside the point. (I bought my Taycan last month off cargurus and looked at a bunch from that site). There is ONE dealer south of me with $4k in fees, but that’s not the norm and it’s illegal to force people to buy any care packages etc here (despite their best efforts).

Pete brought up old Model S prices. Bottom line? Old Model S prices TANK when they’re out of warranty (8+ years).

As do Nissan Leaf’s, Chevy Bolts, and any other EV we have here that’s already 8+ yrs old.

Taycan depreciation doesn’t seem like it’s got a track record to be any better at that age.

Maybe because they’re so pretty and have the Porsche name attached, we have a chance to hit a “floor” a bit higher than the Model S.

But the model S floor is under $10k. Which is terrible and not like what Pete was suggesting above.

If you want to look at newer ones, here is a 2016 asking $12k with only 100k miles.
https://www.cargurus.com/Cars/inven...2039&zip=34209#listing=434937573/NONE/DEFAULT

 

[Pete85]

Pete brought up old Model S prices. Bottom line? Old Model S prices TANK when they’re out of warranty (8+ years).

I checked all Finnish prices and mobile.de (one of the biggest sites in the world) and there is absolutely nothing to back up your claim of prices tanking after 8 years. At least in Europe (UK might be different). The decline curve is as straight as it can be.

For 2015 to 2016 Model S the average price is 23 000 eur. For same years Honda Civic the average price is 10 000 eur less around 13 000 eur. And the Teslas have WAY more kilometers driven. Thats our Finnish market. The cheapest Civics for 2015 and 2016 are under 5k eur.

It was not my prefered solution, but i didn’t want to wait two months to fix red error
On the other hand, it’s hard to believe that after additional 4 years, new owner will get 50k for it….but of course, his depreciation won’t be 1k/month

Oh shit . Yeah I understand your selling of the Taycan.

 

[69Mach390]

I checked all Finnish prices and mobile.de (one of the biggest sites in the world) and there is absolutely nothing to back up your claim of prices tanking after 8 years. At least in Europe (UK might be different). The decline curve is as straight as it can be.

For 2015 to 2016 Model S the average price is 23 000 eur. For same years Honda Civic the average price is 10 000 eur less around 13 000 eur. And the Teslas have WAY more kilometers driven. Thats our Finnish market. The cheapest Civics for 2015 and 2016 are under 5k eur.

Absolutely nothing? I posted links!

That said, it’s definitely different in different countries. Especially if there are different tax incentives impacting prices.

In the US, the old EVs are nearly worthless as I showed from the examples I linked above.

Resale values are still a curve, but the fear of out of warranty repairs make the curve much worse for EVs here.

The same can be said for luxury cars here too. Old Mercedes for example are super cheap.

Either way, you can’t pretend that high out of warranty repair costs and the end of a warranty doesn’t impact resale values. It absolutely does.

Just for fun I found a chart of Model S depreciation vs the industry average….. it’s way worse:
https://caredge.com/compare/depreciation/industry-average-vs-model-s

 

[Vincent_Frederick]

I bought last week a 2020 Taycan 4S with Many extras, and only 30k km.... Battery performance plus, red interior, rear steering, neumatic susp... Etc etc directly from the Porsche dealer with Porsche Approved Waranty, the car is like new and never had any Major problem, the cost was 65k€.

The thing is that Porsche approved warranty covers the Battery here in Europe, maybe that makes the car depreciate less from now on because it's a lot of car for the money, but I still expect a depreciation hit, dealer told me that he don't see my car going less than 45k€ in 5 years from now.

 

[donmatteo]

I got a new 2025 cross turismo on Nov 19th. It’s been in the shop so far, 21 days with it expected to be in the shop until Jan 9.

Yes it’s under warranty but I would not trust this car on long distance trip or as an only car for daily.

 

[prj]

The thing is that Porsche approved warranty covers the Battery here in Europe, maybe that makes the car depreciate less from now on because it's a lot of car for the money, but I still expect a depreciation hit, dealer told me that he don't see my car going less than 45k€ in 5 years from now.

It in fact does NOT cover the battery.
The terms and conditions on Porsche Approved in Europe EXPLICITLY state that aging defects are not covered for Battery and High Voltage Battery.
And when you scan a 2020-2024 battery pack with a bad module PIWIS says that the module has an "aging" fault.

So if a module fails when it's out of the 8 year window Porsche Approved will in fact NOT help you.

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