Porsche Taycan 4S
Discussion
Hi all
My Taycan 4S is 4 years old at the end of the month and has circa 60k miles. I would normally be changing it for new now but due to the depreciation hit i have decided to hold onto it and run it for a further 3 years. I did extend the warranty last year but i am now in 2 minds going forward. Warranty costs are app. £1,200.00 a year and according to WBAC the car is only worth 31k right now.
What are peoples general view on this and what is the worst that can happen? The main battery is warrtied for 8 years i believe?
Look forward to your thoughts.
George
My Taycan 4S is 4 years old at the end of the month and has circa 60k miles. I would normally be changing it for new now but due to the depreciation hit i have decided to hold onto it and run it for a further 3 years. I did extend the warranty last year but i am now in 2 minds going forward. Warranty costs are app. £1,200.00 a year and according to WBAC the car is only worth 31k right now.
What are peoples general view on this and what is the worst that can happen? The main battery is warrtied for 8 years i believe?
Look forward to your thoughts.
George
I would think the warranty is a must to be fair. The Taycan platform is still very new in absolute terms so its longer term reliability is still unproven. There is not the huge network of independents around for this platform either so any issues that arise will almost certainly force you into an OPC at big cost. A transferable warranty is a massive plus at resale time as well. Money well spent in my opinion. It’s an excellent value proposition at £30K ish with a full Porsche warranty.
This or a new MG electric thingy, not a hard decision is it.
This or a new MG electric thingy, not a hard decision is it.
Autocar magazine just last week said Porsche had confirmed to them that a replacement battery pack was now less then half the £20k being quoted online (including on here). Given it looks like these batteries still over 85% of original range after 200,000 (going off Tesla) then honestly think tremendous value. Not doubt in not too many years replacement batteries with additional range will be an affordable upgrade.
I’ve posted this several times before. Porsche Taycan isn’t in the top ten for worst depreciating cars in the UK. The numbers sound terrible because it is a high £ depreciation but in % Taycan is better than many other cars. New big Audis and BMWs are the ones that take the hit.
I think we all got used to slow depreciation during COVID and cheap finance, and forgot what it used to be like. I’ve lived in the US for 20 years and was envious of the bargains the UK used to have due to depreciation. That came to a halt in 2020. It’s back now.
Also, Porsche hold their value above average so the Taycan is a high depreciating Porsche.
I think we all got used to slow depreciation during COVID and cheap finance, and forgot what it used to be like. I’ve lived in the US for 20 years and was envious of the bargains the UK used to have due to depreciation. That came to a halt in 2020. It’s back now.
Also, Porsche hold their value above average so the Taycan is a high depreciating Porsche.
DMZ said:
Definitely stick. Would I bother with a warranty… not sure. It’s the age old question of course but on EVs the battery is under warranty anyhow, what else is there that’s going to blow up in a major way?
Porsche’s seem to find a way. Taycans have a motorised charging port cover that’s a favourite for going wrong. Air suspension! Electric seats. Electric heater (a recall item now), but it won’t always be. Those stupid carbide surfaces brake discs. Agree that there’s much less complexity with the drivetrain, so less likely to go wrong. No dynamic engine mounts. No sliding sunroof.
The more you spec you go for, the more things to potentially go wrong eg PDCC, RWS, all the driver nanny stuff etc
I came out of mine after 3 years (for different reasons) in October but as a car it was excellent. Looks amazing a real head stunner. If I had kept it I would have stuck a warranty on it. There is still a lot to go wrong that would cost ££££. I had a new heater, new boot seals, various PCM updates, a fix to the air suspension. Wouldn't like to do this at a OPC out of warranty.
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