https://www.youtube.com/watch?v=3eQz4aQjtY0&feature=youtu.be
Maybe not too surprising on this one. I hear the range on these are not great especially if you drive them spiritedly. And given it’s a first gen product on a new tech, no one really knows what these will be worth 5 - 10 years from now.
There’s nothing surprising about this.
Initially, supply is very tight, most are being bought on contracts through businesses for tax reasons.
limited second hand supply - holds value.
2-3 years later, all these cars come off contracts and suddenly the used market has strong supply.
excess second hand supply - value drops.
Yeah, and I’m not even sure the depreciation is that out of step for the market for a car at this price point. The cheapest Taycan I can find on AutoTrader right now with full pricing information is $63k. According to the listing, it was $95k new. 2021 with mileage in the 40k range. That’s 66% of the new price.
The cheapest 2021 Panamera I can find is $71k with 10k fewer miles, and was 102k new. That’s 70% of the new price. I don’t consider 66% vs 70% to be a meaningful difference in depreciation.