High amount of second hand Taycans on the market ?

jasperp

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Maybe it is a local thing, but I have the impression there is a relatively high amount of Taycan's available on the second hand market in Belgium.
Most of them about 1 year old, 10000 to 15000 km. Big majority is 4S sedan in dark grey or black.
It could be a bit worrying for the resale value.
Maybe an indication of unhappy customers ? People you want to try an EV or a Porsche and conclude after one year that they are not happy with it ?
Is this the same in your area ?
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W1NGE

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Maybe it is a local thing, but I have the impression there is a relatively high amount of Taycan's available on the second hand market in Belgium.
Most of them about 1 year old, 10000 to 15000 km. Big majority is 4S sedan in dark grey or black.
It could be a bit worrying for the resale value.
Maybe an indication of unhappy customers ? People you want to try an EV or a Porsche and conclude after one year that they are not happy with it ?
Is this the same in your area ?
As of this morning there are 80 Taycans for sale in UK from official Porsche dealerships. Some of these will be demo cars and not for immediate sale.

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Normal volumes I'd say given the demand and wait times.
 

felixtb

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Also think that maybe some of the first generation Taycans had some problems. I was happy with the car but not with the generation so I sold my old one and just got delivered a new one... :like:
 

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I think the reason is simple - prices are so HIGH in the second hand market that people are taking advantage and selling. Maybe they have ordered a new one or are renting - but I did the same with the DB11 - sell at height of market, lease for 6 months whilst the Taycan is being built. Have been monitoring used for last 6 months and something similar to spec I want with 5-10k miles would cost MORE than new. Crazy times.
 

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I keep an eye on Auto Trader in the UK.

Even the oldest/cheapest ones seem to be going above retail..
 
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jasperp

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I keep an eye on Auto Trader in the UK.

Even the oldest/cheapest ones seem to be going above retail..
Why is that ? Do people prefer to buy a second hand car instead of waiting 10 months ?
 

XLR82XS

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Why is that ? Do people prefer to buy a second hand car instead of waiting 10 months ?
I don't. I waited ~7 weeks from order to delivery for my 2021 RWD. In today's crazy market, a pre-owned car would have been 15-20% higher in price and no used car available will be to my exact spec. Plus a year old already.
 

Fish Fingers

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Why is that ? Do people prefer to buy a second hand car instead of waiting 10 months ?
According to the UK TV programme Fifth Gear: Recharged last week, they did a piece on used car values.

They specifically selected the Taycan as an example of people being offered up to a 20% premium when they leave the showroom.

Its a new model, so that will obv filter down to all used prices it seems.

My own thoughts are that 85% of cars are purchased on PCP in the UK, with owners treating them like a lease and just turning over to a new car every few years.

This time the music stopped....! and people couldn't get hold of a new model. As they had to give their old car back, they had no option but to go used.
 

svp6

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I think the reason is simple - prices are so HIGH in the second hand market that people are taking advantage and selling. Maybe they have ordered a new one or are renting - but I did the same with the DB11 - sell at height of market, lease for 6 months whilst the Taycan is being built. Have been monitoring used for last 6 months and something similar to spec I want with 5-10k miles would cost MORE than new. Crazy times.
+1. That's the reason I turned in my 4S, dealer was happy to take it back and cut me a check.
 

DerekS

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I'm really considering selling mine to order a new one in Guards Red. I think about this a lot.

Also to get a few options I didn't get on this spec car, such as the power charge ports.
 

W1NGE

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Why is that ? Do people prefer to buy a second hand car instead of waiting 10 months ?
Some people can't wait due to leasing arrangements and are being bought out by their lease company with cash so that the owner can purchase another car. This is pushing 2nd hand values upwards - lesser marques are seeing higher premiums (30% in some cases compared to normal times) than Porsches.

So not everyone can wait for these and other reasons.
 

atebit

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Something to consider in the US, if you sell yours now, the next one prolly won’t be eligible for a tax credit.
 

Rob28

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I'm in Canada - there are 27 Taycans listed for resale, not sure the split between 2020 or 2021 - I'd say slim pickings in Canada for a used Taycan.
 

991carreradriver

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I counted 118 available in the US. To put this in perspective there are over 500 used 911's.
 

frietzak

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Seems that you can't compare US to Europe. If i check one of the biggest website for buying a second hand car, i get 100+ results for Taycan in Belgium, 400 in Germany.
 
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