Buying a used Taycan

Buying a used Taycan

Author
Discussion

h0b0

8,020 posts

201 months

Friday 31st May
quotequote all
Mikebentley said:
h0b0 said:
US used prices for all cars are often higher than the UK. I have been following Turbo S cars for some time as I think it will work well as part of my "hybrid" model along side my Cayenne GTS. Cars listed on Auto trader are $90k up. Cars going through public auctions are $77k (£65k) and up. A big difference that has become apparent in the last few months.

I did speak to a dealer who had a car up at $100k originally. The car sold at $82k. This one was listed as Buy Back (Lemon) on it's record so that impacted value. The repair was to replace the HV battery. This sort of history would not be recorded in the UK.

I am going to keep watching the cars as they come up.
I think the Lemon Laws are something that should be adopted in the UK.
The lemon law is very useful as the dealer has tried and failed to fix the car.

Here is some experience of my own,

I have a Porsche and my wife has an Audi. During the parts shortage Audi told us they did not have parts to fix our car that had failed in the manner of a critical safety recall and we should just wait until the part was available. No courtesy car, nothing. My friend was paid $7k to not lemon law his Audi.

Porsche, however were buying back cars all over the place for the most minor reasons because their customers shouldn't have to wait. That is why you will see a huge number of lemon law Porsches and when you look into the details it says "squeaky brakes" on a car with carbon ceramics. Another was "Parking sensor failure".

I am hoping Porsche and Audi have sorted out the issues on the early cars. Both my Audi and Porsche dealers told me not to buy one. But, looking at the records of the Taycans it seems most have had the common issues fixed.



thestarkfactor

3 posts

132 months

Saturday 1st June
quotequote all
Hey.

I'm looking at buying a used 4S or Turbo.

I can get a newer 4S than a Turbo for my budget.

Within budget are 2020 Taycan Turbos and around 2021/2022 4S.

Are there any major concerns with the earlier cars?

I had read about recalls and issues but my hope was that if it was a 2020 car (I'll be ensuring it comes with a decent warranty) will have had any necessary recall work done?

Or would I be better off buying a newer car i.e. 2021/2022 4S.

Mikebentley

6,508 posts

145 months

Saturday 1st June
quotequote all
h0b0 said:
Mikebentley said:
h0b0 said:
US used prices for all cars are often higher than the UK. I have been following Turbo S cars for some time as I think it will work well as part of my "hybrid" model along side my Cayenne GTS. Cars listed on Auto trader are $90k up. Cars going through public auctions are $77k (£65k) and up. A big difference that has become apparent in the last few months.

I did speak to a dealer who had a car up at $100k originally. The car sold at $82k. This one was listed as Buy Back (Lemon) on it's record so that impacted value. The repair was to replace the HV battery. This sort of history would not be recorded in the UK.

I am going to keep watching the cars as they come up.
I think the Lemon Laws are something that should be adopted in the UK.
The lemon law is very useful as the dealer has tried and failed to fix the car.

Here is some experience of my own,

I have a Porsche and my wife has an Audi. During the parts shortage Audi told us they did not have parts to fix our car that had failed in the manner of a critical safety recall and we should just wait until the part was available. No courtesy car, nothing. My friend was paid $7k to not lemon law his Audi.

Porsche, however were buying back cars all over the place for the most minor reasons because their customers shouldn't have to wait. That is why you will see a huge number of lemon law Porsches and when you look into the details it says "squeaky brakes" on a car with carbon ceramics. Another was "Parking sensor failure".

I am hoping Porsche and Audi have sorted out the issues on the early cars. Both my Audi and Porsche dealers told me not to buy one. But, looking at the records of the Taycans it seems most have had the common issues fixed.
And due to the required transparency you can purchase with confidence. The issue we have in UK as I see it over the last few years is as follows. You tell dealer your car in warranty has an issue. They book you in say in for 4/5 weeks time where they confirm the issue then ask manufacturer if they can fix under warranty. Only then do they re book you in for 12 weeks time to actually fix the issue. If they don’t fix it correctly return to stage one and rinse and repeat. My last car spent 18 months of its 36 month warranty period waiting on repairs. I have suggested the attitude would change if consumer protection laws were changed to extend the warranty every time by the period you are expected to wait. This would then highlight a car with checkered history to the second owner.

Back on topic. I really like the CT in the metallic pink colour but I find it a little small compared to my 2022 Defender and not sure the compromise of space would work for us. Anyone know what service costs are like?

Blue62

9,295 posts

157 months

Monday 3rd June
quotequote all
Does anyone have a feel for where Taycan values are going? I’m wondering if they’ve bottomed out or is there further to fall?

Grantstown

1,058 posts

92 months

Monday 3rd June
quotequote all


Something like this, but a bit worse because it’s an EV. There will be a sweet spot where it’s an unmissable opportunity to own something cool instead of a golf.

Certainly one to use and put mileage on.

RobbyJ

1,609 posts

227 months

Wednesday 5th June
quotequote all
Blue62 said:
Does anyone have a feel for where Taycan values are going? I’m wondering if they’ve bottomed out or is there further to fall?
I don't know, I hope not. I took the brave pill and chopped in my Model S for a Taycan 4S today, loving it so far!

AMVSVNick

7,076 posts

167 months

Wednesday 5th June
quotequote all
RobbyJ said:
I don't know, I hope not. I took the brave pill and chopped in my Model S for a Taycan 4S today, loving it so far!
Ace, aren't they.

W4NTED

718 posts

219 months

Wednesday 5th June
quotequote all
They have certainly begun to bottom out now. I think there was a lot of Taycan bashing on tik tok and youtube that had stopped people from buying these cars but those who drive them fking love them. Its one of the fav in my stable.

KittyLitter

883 posts

5 months

Wednesday 5th June
quotequote all
Blue62 said:
Does anyone have a feel for where Taycan values are going? I’m wondering if they’ve bottomed out or is there further to fall?
surely as the £40K+ (to replace) battery approaches the end of its lifespan then they'll be cheaper than a beaten up 944.


RobbyJ

1,609 posts

227 months

Wednesday 5th June
quotequote all
KittyLitter said:
surely as the £40K+ (to replace) battery approaches the end of its lifespan then they'll be cheaper than a beaten up 944.
Sure to an extent but as with most cars when they get older the 3rd party garages and parts suppliers start to get up to speed. There are used 93kw/h batteries on eBay right now from salvage cars for £8-12K. Not saying they'd be for me but I don't think the future is quite as alarmist as some make out.

CallMeLegend

8,823 posts

215 months

Thursday 6th June
quotequote all
KittyLitter said:
Blue62 said:
Does anyone have a feel for where Taycan values are going? I’m wondering if they’ve bottomed out or is there further to fall?
surely as the £40K+ (to replace) battery approaches the end of its lifespan then they'll be cheaper than a beaten up 944.
Companies like Clevely EV are very good at replacements, there are a growing number of specialist who can repair batteries & replace cells. Most of the automotive companies use proprietary cells.

Grantstown

1,058 posts

92 months

Thursday 6th June
quotequote all
It’s incredibly easy to drop the battery pack from a Taycan. The high prices are a reflection of the warranty racketeering that goes on. Many people will keep the cars on a Porsche warranty up to 15 years, but aside from this it’s certain that there will be a good independent network. Won’t be long until battery cells appear on the usual parts marketplaces. My battery at 38K is as good as new and there are reports of people running them on mega mileages already.

CallMeLegend

8,823 posts

215 months

Thursday 6th June
quotequote all
Grantstown said:
It’s incredibly easy to drop the battery pack from a Taycan. The high prices are a reflection of the warranty racketeering that goes on. Many people will keep the cars on a Porsche warranty up to 15 years, but aside from this it’s certain that there will be a good independent network. Won’t be long until battery cells appear on the usual parts marketplaces. My battery at 38K is as good as new and there are reports of people running them on mega mileages already.
What's the annual warranty renewal price from an OPC?

BMW will offer a scheme where, even when warranty has expired, you can take out a fresh BMW warranty (been looking at another i3S for a runaround, I loved that car).

AMVSVNick

7,076 posts

167 months

Thursday 6th June
quotequote all
Grantstown said:
It’s incredibly easy to drop the battery pack from a Taycan. The high prices are a reflection of the warranty racketeering that goes on. Many people will keep the cars on a Porsche warranty up to 15 years, but aside from this it’s certain that there will be a good independent network. Won’t be long until battery cells appear on the usual parts marketplaces. My battery at 38K is as good as new and there are reports of people running them on mega mileages already.
^^^^^this^^^^^

Discombobulate

5,016 posts

191 months

Thursday 6th June
quotequote all
CallMeLegend said:
What's the annual warranty renewal price from an OPC?

BMW will offer a scheme where, even when warranty has expired, you can take out a fresh BMW warranty (been looking at another i3S for a runaround, I loved that car).
i3s beer

Grantstown

1,058 posts

92 months

Thursday 6th June
quotequote all
CallMeLegend said:
What's the annual warranty renewal price from an OPC?

BMW will offer a scheme where, even when warranty has expired, you can take out a fresh BMW warranty (been looking at another i3S for a runaround, I loved that car).
Just over 1K per year.

Discombobulate

5,016 posts

191 months

Thursday 6th June
quotequote all
Pre-reg new "face-lift" models already up for sale. My local OPC has at least 3....

CallMeLegend

8,823 posts

215 months

Thursday 13th June
quotequote all
There's a few of these appearing at OPCs for under £50k now.

elan362

160 posts

42 months

Friday 14th June
quotequote all
Mat Watson just posted a YouTube video doing a range test of the new Taycan alongside merc/ bmw / tesla / polestar.
He got from London to Edinburgh on one charge. So 360 miles

elisered

236 posts

87 months

Friday 14th June
quotequote all
I’m surprised no one has mentioned the “ex management” Taycan email that came out yesterday - I cannot be the only one to have received it?
Some eye watering reductions from list price ( £80k off a £180k car!), all seemed to be around 12 to 18 months old but no mention of mileages and no online access to specs etc. Perhaps one group has bought them as a job lot from Porsche GB in the hope of making some money.

The email came within minutes of another offering a 41 mile Spyder RS at a massive premium to list 🤪