https://www.youtube.com/watch?v=3eQz4aQjtY0&feature=youtu.be
Maybe not too surprising on this one. I hear the range on these are not great especially if you drive them spiritedly. And given it’s a first gen product on a new tech, no one really knows what these will be worth 5 - 10 years from now.
Buddy of mine bought one for $120k used couple years ago thinking he could sell it for the same price after driving it for two years. Even Porsche wouldn’t give him more than $90k for it.
Why would he think that? There was no reason these cars would hold their value. The only thing propping up their price during that time period was the fact that the factories couldn’t build enough of them and the delivery times were in the 8-10 month range.
Now that the market is saturated and the backlogs are gone, which everyone knew would happen, of course prices are dropping.
Porsches generally do hold their price pretty well. Maybe not as well as he expected though lol
He’s lucky if he can get $90k for a Taycan after 2 years. I’d think more like $70k based off prices dealers are charging for Taycans and that they have to make some profit off used cars too.
They are going to offer the lowest price out of everyone.
That seems like really good depreciation for a newish expensive car like this.