- Used Porsche Taycans have serious depreciation.
- However, a used luxury German EV might prove to be trouble.
- Here's a six-month report from someone who bought a used Taycan for half the price of a new one.
$100,300. That’s the starting price of a brand-new, base-spec Porsche Taycan in the United States (without shipping and taxes). That figure will happily double if you’re looking for the top-spec version. In other words, it’s expensive.
However, through the magic of depreciation, slightly used pre-facelift Porsche Taycans are selling for way less than new. A nicely appointed Taycan Cross Turismo with around 30,000 miles can be had for around $50,000, while a base Taycan can be bought on the used market for less than $40,000. The question is: is it worth it?
Well, now we have an answer from someone who famously bought the cheapest Porsche Taycan in the country late last year. Matt Farah from TheSmokingTire got himself a 2022 Porsche Taycan Cross Turismo 4 with 26,000 miles for $64,000 plus tax. That’s a little more than the current state of the market, but he did get a four-year, unlimited-mileage warranty.
It has now been nearly six months since Farah bought his half-price Taycan, so it’s time for an update. Since New Year’s Eve, the white Cross Turismo has racked up 5,000 miles and has had zero reliability issues–zero issues that have prevented the electric wagon from driving, at least.
The software is to blame here. Every once in a while, the car would scream at the driver that they should put their hands on the steering wheel, while their hands are already on the steering wheel. Furthermore, the powered hatchback sometimes refuses to close and gets stuck midway.
There have been a few recalls performed at no cost, including one to replace the mobile charger and another one for a software update. Some weather stripping on one of the windows was replaced under warranty at no cost. That said, a service that was not covered by the warranty had to be performed. It cost $750 and included a brake fluid flush, brake pad inspection, and cabin air filter replacement.
The car gets charged to 80% about once a week, and with a full battery, it can deliver about 220 miles. Not great, as the owner puts it, but it’s not exactly an inconvenience since he lives in Los Angeles, where the traffic is horrific–short distances, but long travel times, which are perfect for an EV.
“All is well for the time being,” said Farah, who added that he loves driving the Taycan everywhere. It’s comfortable, courtesy of the air suspension, and it’s a very nice place to be in. So, are you convinced?
