• mintz41@alien.topB
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    1 year ago

    It doesn’t help that the Taycan price was always inflated, especially here in the UK where 99%+ are bought as company cars so have massive tax benefits, nobody cared what the total msrp was. But a Taycan that was £120k 2 years ago is now £70k and falling.

    It’s not really just Taycans though, it’s almost all electric cars. Leasing firms here in the UK are losing money hand over fist because their projected values 3 years ago aren’t being met, they’re depreciating far faster than originally though. Very hard to sell a used EV because everyone wants new ones for the tax breaks.