Used Porsche Taycan Models Can Be Had for a Steal

Used Porsche Taycan models are experiencing tremendous depreciation, like most EVs these days.

By Brett Foote - November 27, 2023
Used Porsche Taycan Models Can Be Had for a Steal
Used Porsche Taycan Models Can Be Had for a Steal
Used Porsche Taycan Models Can Be Had for a Steal
Used Porsche Taycan Models Can Be Had for a Steal
Used Porsche Taycan Models Can Be Had for a Steal
Used Porsche Taycan Models Can Be Had for a Steal

Depreciating Asset

The Porsche Taycan debuted to much fanfare, as well as some pushback from folks who aren't terribly keen on EVs, as one might expect. Regardless, Taycan sales have been largely strong since then, even though the all-electric sedan isn't exactly what one might call cheap. With a price tag ranging from $90k to nearly $200k, it's easily one of the pricier EVs on the market, period. However, like many all-electric vehicles in general, the Taycan has experienced tremendous depreciation on the used vehicle market, too. 

Photos: Porsche

Bargain Pricing

There are many examples of this phenomenon across the internet, in fact. A simple search at Cars.com reveals that one can pick up a nice used Taycan for as little as $60k, one with just 30k-40k miles on the clock. And even if one doesn't want a base model, there are plenty of 4S sedans in the $60k-$70k range, too.

Photos: Porsche

Best Deals

Obviously, losing around 30 percent or more of a car's value in just 2-3 years is pretty steep, but not entirely unsurprising in the world of luxurious vehicles or those laden with pricey features. In fact, the better-equipped Tacans can actually make the best deals, given the fact that those pricey options typically don't help a vehicle retain its value over time. 

Photos: Porsche

Taking the Hit

For example, a Taycan Turbo S with 18k miles recently sold on Cars & Bids for a mere $100,000, a car that had an original price of nearly $200k - a depreciation of almost 50 percent in just three or so years. Given that car's level of performance and abundance of equipment, this seems like a heck of a deal by any measure - and a much better buy than purchasing one of these cars new, as you've already let the original owner take most of the depreciation hit. 

Photos: Porsche

Another One

Another Taycan Turbo with just 22,800 miles and an original MSRP of $175,250 wound up selling for a mere $89,000 as well, which is also nearly 50 percent less than the original owner shelled out for it. These days, that kind of price is what one would pay for a barebones Tesla Model S, in fact - not even a Plaid - and the Taycan is obviously a better performer and a better-built car overall. 

Photos: Porsche

Other Considerations

The Taycan - being only a few years old - is a bit of an unknown in terms of its long-term reliability, though Porsche enjoys a pretty strong reputation in that regard. The biggest concern for anyone bargain hunting for a used Taycan should be parts costs later on down the road - specifically the battery pack - but if those kinds of things don't worry you or if you can find a solid example with a warrant intact, buying a nice used Taycan can be a big time value proposition at the moment. 

Photos: Porsche

>>Join the conversation about the Taycan in the used market right here at Rennlist.com.

>>For help with your do-it-yourself maintenance and repair projects, please visit our how-to section.

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