Secondhand Taycan EV

[Stinsy]

The car is actually mirror finished, the green colouration comes from the envious stares of onlookers..............apparently

Moxi

[Kommando]

I have practised bangernomics for a few decades, you do not buy your car because it has depreciated more than another making it cheap to buy. You buy it based on reliability ratings, running costs and what you plan to use it for. That will mean its usually depreciated by less than most others in its group as the criteria you judge it by are the same as other people using the same bangernomics. Bees to honey.

The time to consider EV's as a bangernomics candidate are when the prices level out and the criteria of reliability and running costs are met. The fly in the ointment will be battery life, so the criteria will need to include easy and cheap replacement of bad cells. The Prius battery has good non Toyota support for when it has issues, the cells are in a row and all identical and easy to change out. Any battery with pouches and shaped cells to fit odd voids will be ones to avoid.

[Oliver90owner]

Question: What is the typical % depreciation on relatively mass-produced luxury vehicles over 4 or 5 years?

I might suggest 50% may not be far off the mark for most vehicles - EV or ICE?

[Joeboy]

Question: What is the typical % depreciation on relatively mass-produced luxury vehicles over 4 or 5 years?

I might suggest 50% may not be far off the mark for most vehicles - EV or ICE?

Pure guess, 50%? Could be pushing 60% if there's a newer model. I've only had one new car and still got it! Used to hear some horror stories offshore though. Knew a guy who did 1/4 million on depreciation via fast cars. Worked that one out in a 9th floor Angolan bar then both pissed ourselves laughing. That was a great night.

[openspaceman]

Here's one data point; I was offered my daughter's 4.5 year old end of lease 38k miles Kona for £15k, not sure what it would have cost new. She will replace it with an MG ev4.