How you view the second-hand market for electric cars might depend on whether you're a glass half-empty or glass half-full sort of person. Or, perhaps, whether you're looking to sell an electric car you bought new or pick up a used bargain.
Take this latest addition to the Autocar test fleet: a 'used' Porsche Taycan Sport Turismo from its maker's approved used scheme. It's an early 23-plate car that arrived with us with just under 9000 miles on the clock and a known ownership history (full disclosure: it's been well used on Porsche's press fleet).
Had you bought this car new in 2023 it would have cost £90,438. Now? Its value at the time of handover is about £68,000.
Given Porsche's reputation for robust used values (a hybrid Panamera of similar age and mileage and which cost less initially is priced in the mid-£70k region), that's probably a shock to many, especially those who bought a Taycan outright or on PCP.
But for savvy used buyers it represents a comparative bargain route into ownership of not only a Porsche but also one of our favourite electric cars.

Granted, for a similar outlay you could have a brand-new Hyundai Ioniq 5 N, but really, how many thousand drive modes and settings do you want when you can have an EV dripping in Porsche's signature sheen?
There are many reasons why the used values for most electric cars (sharp devaluation isn't limited to the Taycan by any means) have struggled.
For one, the ZEV mandate requiring manufacturers to sell more EVs has put pressure on prices when new (albeit often hidden using offers and incentives), while any used EVs manufacturers sell through their official schemes don't count towards those targets.







