Right, but out of 666 used Taycans listed for sale on cars.com at the moment, only 13 of those are private party.
so 1.8% of the people there can use that “not flawed” depreciation approach I guess. But for the 98.2% of other people, deprecation will be the purchase price minus the trade in...
Why is that flawed? Private party rarely sells for the retail price without a lot of effort and time, particularly on cars like these.
The vast majority of people buy retail price and sell wholesale price, so to them the depriciation of the asset is the money lost over that time frame.
Yep, I lost 27% on my 2021 CT4. $115k MSRP, traded into a Porsche dealer for $85k against a new GTS ST. However all the online retailers were offering $75k for the car, so an almost 35% depreciation. Really any high end executive car or EV is getting hammered.
That’s definitely true. The Rivian charges faster than the M3P but nowhere near as fast as the Taycan. On my first road trip back with the Taycan it shocked me how quick it charged up.
Though for me charging speed isn’t a high priority. In the 18 months I’ve been full EV I’ve only used public...
I got it with the $75k price point, and it's an incredible value.
Highs:
Gorgeous interior materials, open pore wood, super solid, everything feels incredibly well built
Brutally fast, especially with the "hidden launch control", no annoying beep, fake rev-limiter. Just silently foot on brake...