Porsche EVs don't hold their value - should we get a discount ?

[Mr_Frenchy]

So it is well known Porsche does not offer any discount / no room for negotiation when buying brand new car (except maybe for those who were buying more than 5 cars a year ) while it's always a bit frustrating, that was also contributing our Porsche to hold their value very well - Now, it seems it is not the case anymore for EVs, Taycan depreciation is huge and unfortunately we can expect the Macan following the same path ...so should we expect Porsche to change their policy and offer room for negotiation?

 

[Yves]

So it is well known Porsche does not offer any discount / no room for negotiation when buying brand new car (except maybe for those who were buying more than 5 cars a year ) while it's always a bit frustrating, that was also contributing our Porsche to hold their value very well - Now, it seems it is not the case anymore for EVs, Taycan depreciation is huge and unfortunately we can expect the Macan following the same path ...so should we expect Porsche to change their policy and offer room for negotiation?

Dream on, only when an update is eminent, so in 3 years maybe. New orders have already a price increase between 4000 and 6000 euro's ...
The decrease in Tacan value was solely their bad timing, plunging EV sales, with still a lot of cars in stock and a new model ...
So if you want to wait 3 years you probably can negotiate for an old Macan
The reason EV's devaluate so much is their technology advancements, something you do not see in the ICE world ...

 

[tmrqs]

As much as I would love to be able to negotiate with Porsche, I don’t see it happening at all - even less so on a brand new model.

EVs will keep devaluating hard as tech will improve tons for years to come.

That’s why I was looking at leasing, not to have to deal with a highly devaluated and tech dated car after 3 years.
However the terms I have been getting from 2 dealerships aren’t exactly great, with a lease cost ranging between $23k and $30k for a 24/36 lease.

With that kind of cost, it almost makes sense to straight up buy and see what happens.

 

[Ross]

The new Macan will hold its value, at least at first, it might even sell for a premium initially.
Everyone wants an SUV despite what Taycan Forum purists (like me!) think.
Everyone in the market for a Macan has off road parking and space for a charger so the market is not constricted by that. Porsche will not be punting off Macans to lease companies for huge discounts for a while. Macans won't be top ranked 100% on Lease Loco for a long time - if ever.

 

[Komills]

I’m seeing pretty aggressive discounting in the U.S. market on new Taycans. Up to 10%. The cars have remarkably high depreciation, and the high cost of options, which can add another 30% to the value of a car, lose almost all their value during the first three years. Porsche leasing rates are very high so with a lease you are financing a large amount of depreciation at a very high interest rate, which is why lease rates are so much higher than other brands where the manufacturers are willing to support the residual values or subsidize finance rates. Therefore, from a financial standpoint, it would be better to buy a CPO car that has suffered the first two years of depreciation, or get a new 2024 at a healthy discount, that you would be happy holding for longer than three years.

 

[Yves]

I’m seeing pretty aggressive discounting in the U.S. market on new Taycans. Up to 10%. The cars have remarkably high depreciation, and the high cost of options, which can add another 30% to the value of a car, lose almost all their value during the first three years. Porsche leasing rates are very high so with a lease you are financing a large amount of depreciation at a very high interest rate, which is why lease rates are so much higher than other brands where the manufacturers are willing to support the residual values or subsidize finance rates. Therefore, from a financial standpoint, it would be better to buy a CPO car that has suffered the first two years of depreciation, or get a new 2024 at a healthy discount, that you would be happy holding for longer than three years.

Maybe in the US you can get a discount on a new updated Taycan, but better check as they are still clearing out the old stocks …

 

[Komills]

Maybe in the US you can get a discount on a new updated Taycan, but better check as they are still clearing out the old stocks …

Yes I was referring to 2024s and 2023s. Not the new 2025. But the same issues apply. They will lose substantial value in the first three years. Three year residual values are 52% of MSRP and less on a very fully configured car.

 

[Mr_Frenchy]

I’m seeing pretty aggressive discounting in the U.S. market on new Taycans. Up to 10%. The cars have remarkably high depreciation, and the high cost of options, which can add another 30% to the value of a car, lose almost all their value during the first three years. Porsche leasing rates are very high so with a lease you are financing a large amount of depreciation at a very high interest rate, which is why lease rates are so much higher than other brands where the manufacturers are willing to support the residual values or subsidize finance rates. Therefore, from a financial standpoint, it would be better to buy a CPO car that has suffered the first two years of depreciation, or get a new 2024 at a healthy discount, that you would be happy holding for longer than three years.

US market seems very different than EU market, Porsche models are cheaper ($/£ or $/€) and standard equipment list is longer than in EU and there is no "healthy" discount in Europe - it seems EU customers subsidise US market

 

[Yves]

US market seems very different than EU market, Porsche models are cheaper ($/£ or $/€) and standard equipment list is longer than in EU and there is no "healthy" discount in Europe - it seems EU customers subsidise US market

Do not forget we have 21% VAT included so you cannot compare prices as is, you need to take out at least 20% taxes …

 

[Finbo]

US market seems very different than EU market, Porsche models are cheaper ($/£ or $/€) and standard equipment list is longer than in EU and there is no "healthy" discount in Europe - it seems EU customers subsidise US market

Maybe we are just prepared to pay. I’ve just cancelled a Mecan Turbo because of the residual and interest rates at 10%+
Would have cost me £20k more than my Taycan over the same 3 years

 

[senwar]

I got 15% off a new Taycan CT4 in September delivered in November. Didn’t even have to try that hard.

Obviously it was likely the sales guy knew of the forthcoming refresh but still, discounts are there. Doubt anything on the Macan tho but I’ll be asking in 12 months.

 

[Yves]

I got 15% off a new Taycan CT4 in September delivered in November. Didn’t even have to try that hard.

Obviously it was likely the sales guy knew of the forthcoming refresh but still, discounts are there. Doubt anything on the Macan tho but I’ll be asking in 12 months.

That is normal, they knew they would launch a version with 100 miles extra range. They even “blackmailed” people that wanted a GT3 RS, if they bought 3 Taycans they could get on the list. My Porsche dealer told me they held a fire sale of Taycans to clear parking lots as the new version would kill sales of the old if they were not cleared by end of december. So if you want a good Price on the Macan EV wait 3 years, you will not regret it.

 

[Mr_Frenchy]

Do not forget we have 21% VAT included so you cannot compare prices as is, you need to take out at least 20% taxes …

Sure but US states tax is max 10% so still way cheaper than in the EU and more shocking is the long list of standard equipment that here in Europe we will have to tick ...

 

[Yves]

Sure but US states tax is max 10% so still way cheaper than in the EU and more shocking is the long list of standard equipment that here in Europe we will have to tick ...

Yeah but the comparisons I see is that US prices are quoted without VAT and EU with … For sure there is more standard equipment in the US

 

[Alex74]

I’m seeing pretty aggressive discounting in the U.S. market on new Taycans. Up to 10%. The cars have remarkably high depreciation, and the high cost of options, which can add another 30% to the value of a car, lose almost all their value during the first three years. Porsche leasing rates are very high so with a lease you are financing a large amount of depreciation at a very high interest rate, which is why lease rates are so much higher than other brands where the manufacturers are willing to support the residual values or subsidize finance rates. Therefore, from a financial standpoint, it would be better to buy a CPO car that has suffered the first two years of depreciation, or get a new 2024 at a healthy discount, that you would be happy holding for longer than three years.

In Belgium you also get discounts on new taycan and macan turbo.
you even get a 10K extra if you trade in old taycan for a new one.
discounts from 5-8 %