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Porsche Taycan Prices Continue To Crash | Time To Buy? 

Fourwheel Trader - Car depreciation analysis
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Porsche Taycans continue to drop as we are heading into 2024. Some cars lost more than 40% since May 2022. Yet, there are signs that depreciation rates could decrease.
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Taycans are still depreciating at insane rates but we might see some normalisation during the upcoming year. Prices for the oldest cars started to fall less quickly, carried over inventory stabilized and is no longer increasing, and discount rates are slightly lower.
Naturally, even the oldest taycans will still depreciate and you should expect to lose a substantial percentage on your car. But the data indicates that it will be less that what we have seen so far and more in line with normal depreciating rates for high value luxury cars. Something to keep in mind though is the warranty period on the taycans
Disclaimer: The Content is for educational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this video constitutes a solicitation, recommendation, or endorsement to buy or sell any cars. The information published has been obtained from or is based on sources which are believed to be accurate and complete. Although reasonable care has been taken, the completeness and the accuracy of any information published cannot be guaranteed. Any opinions may be wrong and may change at any time. You should always carry out your own independent verification of facts and data before making any purchase decision.

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22 мар 2024

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Комментарии : 169   
@fourwheeltrader
@fourwheeltrader 3 месяца назад
What car would you like to see analyzed next?
@CarClipTrove
@CarClipTrove 3 месяца назад
I’m considering picking up an entry level supercar (gen 2 NSX/audi r8) would love to see the market analysis and future outlook.
@johseb1
@johseb1 3 месяца назад
Audi RS3 (8Y) :)
@Gertzerroz
@Gertzerroz 3 месяца назад
Can you do a more advanced analysis of the Porsche 997 Carrera generation?
@tobiaskolb9011
@tobiaskolb9011 3 месяца назад
981 BASE S GTS BOXSTER Germany
@tudorachealexandru08
@tudorachealexandru08 3 месяца назад
Can you do one for the Lexus Lc500 and Lc500h?
@SamKyosho
@SamKyosho 3 месяца назад
I've been watching the taycan turbo s market and am waiting still for the best prices. I think maybe another few months?. Once the refreshed 2025 model hits the streets, the older one should drop further
@Sickwitit18
@Sickwitit18 3 месяца назад
Bro don't do it. You're gonna be the one who has to buy the replacement battery
@Wasabi9111
@Wasabi9111 3 месяца назад
We’re thinking the same thing. The refresh one is so much better that the current one should expect to see big price drops.
@skippynj1979
@skippynj1979 3 месяца назад
​@@Sickwitit18 if you find a low mileage one.. CPO with 2 years and buy an extra year... I don't think you can go wrong
@SamKyosho
@SamKyosho 3 месяца назад
@@Sickwitit18 battery warranty is 8 years, so that's not bad, just sell it before it expires lol
@peterhammer6915
@peterhammer6915 3 месяца назад
Dont know about the refresh, it has more range and a little more power but boy it doesn't look even nearly as good as the gen1. Disappointing front especially.
@verynormalman
@verynormalman 3 месяца назад
From my friends experience, Porsche are currently being VERY unpleasant when it comes to warranty claims. It takes huge amounts of time to get your Taycan fixed, with poor parts availability, and the dealers fight like a cornered cat regarding culpability. So good luck there!
@EndiFreeKolesio
@EndiFreeKolesio Месяц назад
Where is the friend located?
@Mezonator656
@Mezonator656 29 дней назад
l recommend buying one at these prices. I own my Taycan for 3yrs and i enjoy it everyday. Love the way it looks and has never seen a mechanic yet and still 100% battery. Plus, I get lots of compliments like everyday. No other ev has the style of a Taycan.
@michasukiewicz1172
@michasukiewicz1172 2 месяца назад
I would like to see how Taycan CrossTourismo looks in these charts. I was looking for used one to buy "cheap", but the prices aren't looking that attractive so far
@mathias6185
@mathias6185 2 месяца назад
Fantastic video!
@mdaiosu
@mdaiosu 2 месяца назад
I think the market is softer than the median numbers and 6 month taper are indicating here. I've been looking at preowned Turbo, Turbo S and GTS, and there is noticable compression of spreads between the model types across the same year and models, e.g. 2023 GTS similar MSRP listing at same price as a 2022 GTS both CPO and at the same pricing level of 2022 Turbo CPO. It's indicating overall softness of demand. I also use carsguru to get a sense how long inventory is sitting and many are well over 120 days. Particularly this time is difficult to move Taycans. Manufacturer is offering a $15k MSRP discount for 2024 cars on the lot and my dealer is saying most leases of 2024s are for people who ordered 2025s, so by late this year, the market will be flush with supply of gen 1 cars
@DaveJabbie-ji2tj
@DaveJabbie-ji2tj Месяц назад
Incredible succinct delivery, factual and to the point. Excellent!
@keyla8995
@keyla8995 18 дней назад
Can someone explain what they mean with the battery replacement? What does it mean? When should u not buy the car? What KM is max u should buy and how much it cost to swap battery
@dreamxen4000
@dreamxen4000 Месяц назад
Do you think it’s worth it to hit a ray an this year ? Or wait
@theeverydayguy2938
@theeverydayguy2938 3 месяца назад
I don’t think any EV will flatten out over time like ICE car. The battery life is the main issue here. Those cars are not worth much of anything when battery warranty expires (normally 8 to 10yrs) since you risk having to replace the battery at a very high cost. ICE cars on the other hand can still be very reliable after 8 to 10yrs and generally any issues does not cost anywhere close to what a battery will cost.
@peterhammer6915
@peterhammer6915 3 месяца назад
You are wrong. Battery technology evolves all the time. At 8 years if you have to change battery, I would guess around 20k euro. Thats a no-brainer for a car, that is perfect to drive and looks fantastic. Especially gen1 is one of the most beautiful cars out there.
@wizzyno1566
@wizzyno1566 2 месяца назад
​@@peterhammer6915you are wrong. The battery price will remain high for older cars, as they will use older technology.
@peterhammer6915
@peterhammer6915 2 месяца назад
@@wizzyno1566 everything gets cheaper with technology evolving. This is a no-brainer
@observertark1016
@observertark1016 2 месяца назад
Just my 5 cents. Owning several high performance cars starting 80's and now have had Taycan 4S from 2020 Aug. Taycan is still like 100% new in almost all the measures. Driven 70tkm total cost of service 600€ so far. No single issue after warranty expired (savings for me 3k€ not taken extended warranty) battery health, based my own calculations though, 95%-98%. If battery will be replaced after warranty, cost would be maybe 20k€ (small battery) and car has 60% less wearing parts than ICE so after new battery car will be like new. I'm not worried at all. Plus I have to say after owning Porsche and especially got rid of using fossil fuels, noise engine, oil changes + smell, warming up engine, visits to gas stations, etc, I smile and almost laugh every time after start to drive!
@proper_miles
@proper_miles 2 месяца назад
@@peterhammer6915Nope. The digital technology is the issue. No one wants old, digital technology. These cars will stop being supported and the aftermarket won’t be there to support them. And saying “$20k to replace the battery” like that’s “a no brainer”… I mean, I can keep most classic cars running again for that kind of money, and they’ll actually be worth something. Spending $20,000 to maintain a $50,000 car is absurd. I’ve had far more valuable 10-20 year old ICE cars (Porsches and Ferraris) that didn’t need $20,000 to maintain them, AND they were all worth more than $50,000.
@user-xr9ln5pf7y
@user-xr9ln5pf7y 2 месяца назад
And what is the price of replacing a batery, right now? And what will be the price of replacing it in lets say 4 years? Will there be a third party batery or motor replacment? If there is no answer to those questions, prices will keep falling... Maybe hitting 20k, 25k?
@Mezonator656
@Mezonator656 29 дней назад
Cheaper than gas haha
@Mhop265
@Mhop265 2 месяца назад
You should do a video on the GLC 63S AMG
@jefflethuman9794
@jefflethuman9794 3 месяца назад
Drove it at Infineon raceway was awesome, but will hang on to my 997.2 turbo s for a couple more years.
@skippynj1979
@skippynj1979 3 месяца назад
Hand on to it forever
@GunitEngage
@GunitEngage 2 месяца назад
Pah Back in 2015 a 4 year 60k km old MSRP 34000€ Mazda 6 was at the Dealer for 13k €, so 35% from MSRP would be a good valued selling price also nowadays. This is normal pricing. At the moment the Dealers scr...w the customer. The Taycan is not a Limited Edition 911 with instant value increase. Btw Porsche gives you a year to year warranty when you let it OEM Service for big bucks...
@DaleSteel
@DaleSteel 3 месяца назад
Im suprised mclaren hasnt sued them for the headlight aperture design
@RB-lt8kt
@RB-lt8kt 2 месяца назад
The used prices in the UK are still dropping £1000 to £2000 a month. As the cars get to 4 years and 5 years old with 50000 miles people who know the battery warranty is 50% GONE. Buyer beware. Nice car but could be a nasty and costly headache.
@ricsu3462
@ricsu3462 3 месяца назад
Bravo data
@liversurgeon3108
@liversurgeon3108 2 месяца назад
nah they wanted 82k for a 2021 taycan 4s. i bought a lucid air touring instead.
@bobsteve1219
@bobsteve1219 3 месяца назад
Could you do an analysis on the various w204 c63 models?
@user-qr4jy2op2k
@user-qr4jy2op2k 2 месяца назад
we need this! the legendary V8 NA M156
@nasdoc1
@nasdoc1 2 месяца назад
Porsche deserves it. They are becoming too arrogant.
@Aggie4life77
@Aggie4life77 3 месяца назад
All EV’s are depreciating. The Taycan a bit more. Remember the refresh isn’t helping. By the way, they are charging even more for those lol!
@ralphbehr
@ralphbehr 2 месяца назад
My ask: Review the market for Mercedes Benz 2022 AMG SL 55 and AMG SL 63 two door Roadsters.
@jaspervlasblom2716
@jaspervlasblom2716 3 месяца назад
BMW X5 G05 please!
@Engineer_with_cars
@Engineer_with_cars 3 месяца назад
There will never be “a time to buy” a Taycan. The car is a sinking ship of obsolete technology and depreciation to $0. The real value of any Tayacn is 0. Just wait until the Macan EV hits the sales floors. That thing will be an abysmal market failure.
@MrGmilton
@MrGmilton 3 месяца назад
I’ll wait till the lease returns for the Macan EV as a little runabout, I’ll still keep my truck and 911, but a little EV would fit my use case, and Porsche has been very good to me so I’ll buy another, just not new
@skippynj1979
@skippynj1979 3 месяца назад
I like having an EV at the house. I have a Macan ice that I really enjoy and a caymens GTS coming... That said a taycan can be an enjoyable car to drive
@braven7426
@braven7426 2 месяца назад
What's a Caymens?​@@skippynj1979
@glenoh88
@glenoh88 3 месяца назад
EV infrastructure in the US is still not good enough. Technology is still developing so fast, the old Taycans already are down by a huge amount in range to the upcoming models. It will stabilize eventually.
@Andromahlius
@Andromahlius 2 месяца назад
The inability to get the repairs/maintenance done at your local mechanic garage is an issue for high end EVs.
@sharkflower123
@sharkflower123 2 месяца назад
When people get used to One Pedal Driving they are not buying a Taycan... Especially the low horse power ones...
@paulreynolds9003
@paulreynolds9003 14 дней назад
The Porsche panamera is the same but that is diesel or gas. I could only afford to buy a second hand one around $50,000 grand but it would hurt like hell to lose 15 to 20 grand in a few years.
@petertwiss356
@petertwiss356 2 месяца назад
I'm very confused because while actually listening to this on 3-31-24, doing a good search it costs WAY more than what you're quoting. Please explain
@fourwheeltrader
@fourwheeltrader 2 месяца назад
Difficult to say without having more information on your search. The displayed numbers are averages or medians. Low mileage high spec cars will be more expensive than what is displayed.
@petertwiss356
@petertwiss356 2 месяца назад
@@fourwheeltrader hi thanks for replying! Yeah I think this was for very low mileage and new Taycans, searching was done on google, and likely knows my location of Sacramento, CA area. everything was 224K,180K, for a 2023 it was 130K.
@dave997
@dave997 Месяц назад
imagine what these cars will be worth in 5-7 years, imagine your car can't run the new updated battries and has to have an old tech one that isn't made anymore to function correctly. What a nightmare
@christianolsen9781
@christianolsen9781 2 месяца назад
So there is a chance to be able to afford a Porsche one day - nice.
@giblinercat
@giblinercat Месяц назад
You need to make it clear that this is only accurate in certain countries. E.g. Parts of USA and UK for tax reasons. Look at the prices almost anywhere else in Europe and you won't see any dramatic depreciation.
@fourwheeltrader
@fourwheeltrader Месяц назад
The numbers in the video only apply to the US. But EVs in general, including the taycan, are currently facing higher than average depreciation in the USA, UK, and Europe.
@goetzingert
@goetzingert 3 месяца назад
I love that, because want to buy one, when my Tesla is 5 years old
@Hmmm313
@Hmmm313 2 месяца назад
You gonna miss the range…
@peterhammer6915
@peterhammer6915 3 месяца назад
I love my 2021 4S and will not sell it any near future, so depreciation is a non factor for me. Planning to keep it at least until battery warranty expires in 2029.
@jackchueh1231
@jackchueh1231 3 месяца назад
Residual value will be $3,000
@sholaesq
@sholaesq 25 дней назад
That only matters to those of you that invests in mass produced cars.
@AGhostInTheMachine
@AGhostInTheMachine 3 месяца назад
Would be interested in a shorter coupe version. Will never buy a Porsche sedan.
@ILoveGreatThings
@ILoveGreatThings 3 месяца назад
Looks like the taycan is more a cayenne curve than a 911 curve which is unfortunate
@sixpotshot
@sixpotshot 2 месяца назад
It is not unfortunate it is instead warranted. Porsche was a sports car maker once upon time now it makes all sorts of crap...the exclusivity is gone and the market hits the company mercilessly. Anybody could see this coming except VW / Porsche blinded by greediness...
@Mark-rt6fy
@Mark-rt6fy 2 месяца назад
@@sixpotshot The market hits Porsche so bad that it shivers with its measly 40 billion market value.
@chrism8705
@chrism8705 2 месяца назад
EVs don't have turbos
@Hmmm313
@Hmmm313 2 месяца назад
Taycans have no range. Thats the main problem…
@observertark1016
@observertark1016 2 месяца назад
This depends your way to use the car. Owning small battery Taycan myself now 4 years while made analysis before bought how many days I normally drive more than 200km per year and that was not many. Home charging made the case 100% fully satisfied and will never buy ICE cars any more nor will not buy bigger battery (heavier, high cost to replace). I do have driven from Finland through Sweden to Denmark and visited Lapland and no single problem with the range. Silence of the car is one magnificent feature. And its Porsche, real Porsche = you know when you drive it! You should try!
@MakeAMark1755
@MakeAMark1755 2 месяца назад
Taycans are the fastest evs to roadtrip in because of the insane charging speeds.
@calorus
@calorus Месяц назад
This is absolute *nonsense*. If you look at the depreciation of a Panamera they are near identical.
@fourwheeltrader
@fourwheeltrader Месяц назад
They are not. The previous taycan market update contains a like for like comparison between the Taycans and the Panameras. The taycans are coming down significantly quicker.
@calorus
@calorus Месяц назад
@@fourwheeltrader Honestly, I wish this were the case. As someone actively trying to buy a used Taycan Sport Turismo, I have no skin in the game with regards to trading statistics; but lots in terms of hoping for the oft-cited rout. It's not happening. Spec for spec, there's no difference. All the cars I'm looking at are 2020 Turismos - ICE, Hybid and EV - and al have fallen from ~£90k list to ~£55k.
@giblinercat
@giblinercat Месяц назад
Completely agree. People focus on the UK market and parts of the US, which are depreciating substantially more than anywhere else in the world. Have a look at the second hand market in almost any European country and you will see how it holds it value like almost any other Porsche.
@fritzmuller8246
@fritzmuller8246 2 месяца назад
No . The electric car era will die until they become far easier to recharge and dispose of .
@AbyNeon
@AbyNeon 3 месяца назад
NEVER BUY A USED BATTERY!! Used electric cars are worth 0
@IrukaHime-zq5bh
@IrukaHime-zq5bh 3 месяца назад
I bought a Mercedes EQS (Sedan), a Taycan 4S, a Model S LR, and a Model Y LR. The Taycan is simply not worth it, especially if you compare it to the Tesla. As more people find that out, the Taycan will only drop further in price as used supply increases (I sold mine in mid 2023)
@wydryfly
@wydryfly 3 месяца назад
Was shopping between a Taycan and Model S. Model S for the win on more levels than Porsche.
@SA-uk2ov
@SA-uk2ov 2 месяца назад
I drove 3 Taycans so far and find them so over-rated.
@SA-uk2ov
@SA-uk2ov 2 месяца назад
@@wydryfly I like the Model S even less. Driving dynamics of a Chevy impala. So far the 3 is the only Tesla I find enjoyable to drive.
@Mezonator656
@Mezonator656 29 дней назад
Taycan is an awesome car. I own one for three years now. I get a compliment a day for the past three years. No joke and love looking at it everyday
@paullt5111
@paullt5111 3 месяца назад
Ev cars are not for me
@cyuiyuwyguiyui8540
@cyuiyuwyguiyui8540 2 месяца назад
Ppl who buys something like this have ZERO knowledge how to MAKE money, they can only SPEND money.Thats why they will always be without money and have to lend or buy on credit..
@babaislivestreaming5629
@babaislivestreaming5629 3 месяца назад
I just can't get over the front design of this car. Quite ugly.
@993mike
@993mike 3 месяца назад
I personally love seeing EV prices crash, as it will slow sales further and allow ICE performance cars to keep being made longer. I've told my tree-hugger friends that if they must get an EV, YOU MUST LEASE IT!! Otherwise, you leave yourself open to huge loses, crappy build quality Tesla models included.
@Japplesnap
@Japplesnap 2 месяца назад
Agreed. Buying an EV is pure stupidity because its a newer technology, so today's EVs are going to be very undesirable in a few years as the technology advances.
@Mezonator656
@Mezonator656 29 дней назад
These are two very ignorant comments BTW.
@Japplesnap
@Japplesnap 29 дней назад
@@Mezonator656 Ignorant? No, it's common sense that resale value on EVs is going to be in the dumpster because the technology is still in it's infancy. Nothing ignorant about that.
@Mezonator656
@Mezonator656 29 дней назад
@@Japplesnap infancy yes. But what more are you needing? You want the battery to fly you to your destination? Or plug it's self in at night? I use ev everyday and have no limits for the everyday driving and is way more advanced than gas.
@Japplesnap
@Japplesnap 29 дней назад
@@Mezonator656 I don't need anything more because I haven't switched over to electric yet. Why? Because the technology will get much better and that will have a major negative impact on resale values. If anything, maybe leasing might make sense, but I'm not someone who leases, I pay cash and own my vehicles, usually keeping them for 8 years on average.
@alexanderlouie4134
@alexanderlouie4134 2 месяца назад
Stay away from electric vehicles if you value your social mobility.
@jonlee580
@jonlee580 3 месяца назад
Tesla lose more calue than any car right now..if im not mistaken the Taycan is like 250k...even at half it would be worth 100k...ur numbers are wrong and porsches do not lose value.
@fourwheeltrader
@fourwheeltrader 3 месяца назад
The msrp for a taycan starts at 100k for a base model. The numbers are correct.
@chazonyoo
@chazonyoo 3 месяца назад
you must have a heavily depreciated Taycan
@wizzyno1566
@wizzyno1566 2 месяца назад
Here's a man who doesn't understand how numbers work...🤡
@CoolHand273
@CoolHand273 2 месяца назад
Every time I see someone driving a car like this I think they are stupid. Unless they have a really good lease deal I would not want to do business with someone who drives a really high depreciating car. Driving a car like this is the equivalent of a woman with a lower back tattoo. I wonder what the bottom price of these cars are going to be. $19K?
@FrankGallagherr
@FrankGallagherr 3 месяца назад
Tesla is the best car company ever! No gas stations, No oil changes, No smog check, No corrupt dealership, No catalytic converter and as fast as a $650,000 Lamborghini.
@wydryfly
@wydryfly 3 месяца назад
Behold, the Truth be Spoken. Agree 100% Love my Tesla.
@Sickwitit18
@Sickwitit18 3 месяца назад
Hahahahaha cope. So glad I sold my model x before the value kicked the bucket. They are not as well rounded as ICE vehicles. They are not reliable in states or locations that get cold. Here in Denver we have experience below 0 temps the last 2 years, they depend on weather too much for reliability. They can get smoked by a $10,000 Honda Civic from the 90s with a laptop. Their customer experience is the worst I've experienced among the 9 different car brands I've had. When buying my X, I asked for a test drive and the Tesla employee told me, "we don't have cars to test, but you can go out to the charging station in the mall parking lot and ask someone to test drive their car. Lots of Tesla owners would be fine with that." 🤯Wtf?! People have finally realized how shit they are and how they have the worst depreciation in the car market (go google how much you can get a Model S Plaid for used. Cheap AF for a reason.) That's why Tesla stock is down over 31% so far this year. That's a massive number! 1/3 of the entire stock price gone in just 3 months while the rest of the market remains healthy.
@2f2f45
@2f2f45 3 месяца назад
Also no sound, no reliable braking power, no cornering ability, no build quality, no service, no emotion, and - most sadly - not a Lamborghini.
@993mike
@993mike 3 месяца назад
Give me a break! Tesla's are built like crap with huge panel gaps and cheap interiors.
@wydryfly
@wydryfly 3 месяца назад
Let’s not get sidetracked here folks. This video is about Porsche Taycans being worth Pennies on the dollar……..because they’re such great cars. 😂
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