Decoding the value proposition of a pre-owned example of Porsche's first EV. Here's what we found
Taycans that once cost ore than $100k have depreciated by close to 40% in two years
In the video he clarifies that the base and S models was able to hold their value until July of 2022, but then plummeted
Prices have fallen 34% from May 2022 which translates to a loss of $50,000.
Since May 2022, normal Turbo models lost 40% of their value and Turbo S models lost 39.9%
Every model from the Base to the Turbo S has deprecialted startingly, which is bad news for people who bought the Taycan new
Value for the older cars from 2021 has relatively flattened out in the last 3 months
There has been an increase in the development of the carried-over invetory, which stabilized after last summer
The February of 2022 was a low point when unsold cars were discounted at an average rate of 11%.
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