The Porsche Taycan is a luxury German EV that comes with a hefty price tag when brand new. However, the depreciation on these vehicles can work in favor of those looking to buy a slightly used model. Used Taycans are selling for significantly less than their new counterparts, making them a tempting option for those who want to experience luxury electric driving without breaking the bank.
One individual who took advantage of this depreciation is Matt Farah, who purchased a 2022 Porsche Taycan Cross Turismo with 26,000 miles for $64,000 plus tax. While this price was slightly higher than the current market value, Farah also secured a four-year, unlimited-mileage warranty with his purchase. Now, nearly six months into owning his half-priced Taycan, Farah has shared his experience with the vehicle.
In terms of reliability, Farah reports that his Taycan has had zero issues that have prevented it from being driven. However, there have been some software-related glitches, such as the car falsely alerting the driver to put their hands on the steering wheel when they are already there, and the powered hatchback occasionally getting stuck midway when closing. These issues have been addressed through recalls and software updates, with some minor repairs covered under warranty.
Farah also had to pay for a service that was not covered by the warranty, which included a brake fluid flush, brake pad inspection, and cabin air filter replacement, costing $750. Despite these minor hiccups, Farah enjoys driving the Taycan, finding it comfortable with its air suspension and a luxurious place to be in.
Overall, the used Porsche Taycan has proven to be a worthwhile investment for Farah, offering a taste of luxury electric driving at a fraction of the price of a new model. With proper maintenance and occasional software updates, a used Taycan can provide a premium driving experience without the premium price tag.