Why we’re running it: Can a cut-price approved used electric Porsche match the richly satisfying ownership experience of a new one?
Month 1 - Specs
Life with a Porsche Taycan: Month 1
Welcoming the Taycan to the fleet
How you view the second-hand market for electric cars might depend on whether you're a glass half-empty or glass half-full sort of person. Or, perhaps, whether you're looking to sell an electric car you bought new or pick up a used bargain.
Take this latest addition to the Autocar test fleet: a 'used' Porsche Taycan Sport Turismo from its maker's approved used scheme. It's an early 23-plate car that arrived with us with just under 9000 miles on the clock and a known ownership history (full disclosure: it's been well used on Porsche's press fleet).
Had you bought this car new in 2023 it would have cost £90,438. Now? Its value at the time of handover is about £68,000.
Given Porsche's reputation for robust used values (a hybrid Panamera of similar age and mileage and which cost less initially is priced in the mid-£70k region), that's probably a shock to many, especially those who bought a Taycan outright or on PCP. But for savvy used buyers it represents a comparative bargain route into ownership of not only a Porsche but also one of our favourite electric cars.
Granted, for a similar outlay you could have a brand-new Hyundai Ioniq 5 N, but really, how many thousand drive modes and settings do you want when you can have an EV dripping in Porsche's signature sheen?
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What a nasty looking car, but then of course it's a Porsche so it fits in quite nicely with the rest of there rip-off range!
I guess you don't understand value. Porsche make good products, and you pay for that. Or not!
The sinking values for Taycans on the used market are very much an anomaly as far as Porsche are concerned, and few who took out a PCP on one will be bothered by that. Most Porsches hold their value very well.
Porsche UK dealer network: "Don't send me ANY more used Trashcans - forecourts are full, overflow storage is full, I'm not renting any more space, their values are falling out of bed, it's a bloodbath. No."
Porsche HQ: "Hi James, I've got an idea for a story for you..."
That's what happens when you put 10k worth of options on, besides that the Turismo variant is pig ugly and a depreciation king. Just a couple of reasons why the variant was dropped from the Panamera range.
It's prettier than any stupid SUV :-)
Nope, pig ugly and dropped.