Depreciation, I lost money, I’m crying

[Jasper4S]

Yes a clickbait title

I’ve noticed all topics on this forum are hijacked by comments about depreciation to the point I’m really annoyed by it. We are all on the same boat, but lets not bring it up every 5 comments. The value isn’t going up by posting the same stuff every time. Let’s stay on-topic in other threads and leave the depreciation stuff in depreciation threads. Just enjoy the effing good vehicle you had the privilege of buying/leasing/renting or dreaming about.

I’m fine if you want to hijack this thread on anything related to depreciation

Cheers Jasper

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[mutanthands]

I'm just flabbergasted that the general public seem to have forgotten what the car market was like pre-pandemic. The last few years were an anomaly, it's just back to business as usual. New cars depreciate shocker...

Cars are not investments, just enjoy what you have.

 

[Rollep]

I'm just flabbergasted that the general public seem to have forgotten what the car market was like pre-pandemic. The last few years were an anomaly, it's just back to business as usual. New cars depreciate shocker...

Cars are not investments, just enjoy what you have.

The fact that new cars depreciate is not a shocker.

No, the big shocker is how much more Taycan depreciate compared to other Porsche models

 

[f1eng]

The fact that new cars depreciate is not a shocker.

No, the big shocker is how much more Taycan depreciate compared to other Porsche models

Company car tax incentives distort car market shocker.

 

[Rollep]

Company car tax incentives distort car market shocker.

Maybe in UK but what about the rest of Europe and North America?

 

[f1eng]

Maybe in UK but what about the rest of Europe and North America?

I don’t know whether it is better or worse there.
Taycan not on this list

https://www.autoexpress.co.uk/best-...ciating-cars-top-10-worst-motoring-money-pits

 

[MAPC]

I'm just flabbergasted that the general public seem to have forgotten what the car market was like pre-pandemic. The last few years were an anomaly, it's just back to business as usual. New cars depreciate shocker...

Cars are not investments, just enjoy what you have.

100% agree with you and the OP. The depreciation convo is exhausting. To the points raised:
- let's not forget life pre-COVID
- cars depreciate
- luxury cars depreciate even more
- I love my Taycan

That sums it up, IMHO

 

[MAPC]

The fact that new cars depreciate is not a shocker.

No, the big shocker is how much more Taycan depreciate compared to other Porsche models

Well, they depreciate more than Porsche sports cars for sure but I don't think they depreciate faster than Panameras.....and, at least in some cases, the depreciation is a bit apples to apples since the original owner (at least in the US, more in some states/less in others) received massive tax credits at time of purchase.

 

[FlyingPoint]

Before posting about depreciation - have you thought about how a forum such as this one constantly highlighting depreciation affects the resale market? If you have not, you should.

 

[Watchesandburgers]

I just love the freakin' car! Mine's in the shop right now for the heater recall and I miss it. I miss my car! How crazy is that? Depreciation is 13th or 14th on the "when I think about my Porsche..." list.

Have a great day, everyone.

 

[W1NGE]

100% agree with you and the OP. The depreciation convo is exhausting. To the points raised:
- let's not forget life pre-COVID
- cars depreciate
- luxury cars depreciate even more
- I love my Taycan

That sums it up, IMHO

Not as exhausting as the Timer / Profile thread which must be longer now than War and Peace!

 

[RAHRCR]

Candidly, I enjoy taking in differing points of view. Otherwise, forums like this can take on a bit of a cult-like mentality. I recognize it is not nice to yuck someone else’s yum (my daughter taught me that), but Taycan depreciation is real, more significant than expected, and probably quite painful for those that consider this to be an important part of their overall experience with the car.

My only personal trigger is when Kyle gets mentioned as an “automotive journalist”.

Sorry, I cant help myself….

 

[Racer_Ex]

Social media of all kinds is exhausting and annoying. Humans have lost the capacity for holding differing viewpoints and remaining civil at the same time.

 

[SteveDC]

Not as exhausting as the Timer / Profile thread which must be longer now than War and Peace!

I just finished rereading War and Peace as part of a fine literature course offered on YouTube by a guy named Ben McEvoy. Much better than the thread, I have to say.

 

[Avantgarde]

I’ve noticed all topics on this forum are hijacked by comments about depreciation to the point I’m really annoyed by it. We are all on the same boat, but lets not bring it up every 5 comments. The value isn’t going up by posting the same stuff every time. Let’s stay on-topic in other threads and leave the depreciation stuff in depreciation threads. Just enjoy the effing good vehicle you had the privilege of buying/leasing/renting or dreaming about.

I’m fine if you want to hijack this thread on anything related to depreciation

Cheers Jasper
[/QUOTE]
Depreciation is the economic cost of owning the product in simple terms. I don't understand why you consider this topic in particular as a "hijacker". Cost is an important feature like every other aspect of a product (car, plane, computer, music system whatever is up for debate). Because if you ignore the cost, any technical achievement is possible, you can have a custom made car that goes to the moon.

I actually don't understand why people are so sensitive about it. "oh i bought my car and don't worry about depreciation, all luxury cars depreciate lets not talk about it" - is akin to "let's not talk about acceleration, all luxury cars accelerate fast". And to be honest, feels like there is a subliminal "worry" in these reactions it self, like "please don't remind it to me that makes me uncomfortable".

Now to be clear you should not "worry" about it ideally. But discuss, analyze, comment. I don't see what is the issue.

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