Image Credit: Cars & Bids.Depreciation can be painful on any expensive luxury car, but this 2024 Porsche Taycan Turbo Cross Turismo takes things to another level. With only 6,900 miles on its odometer, the heavily optioned electric Porsche has changed hands for almost $100,000 less than its original sticker price.According to the Cars & Bids listing, this Taycan carried an MSRP of $214,320 when new. More than $50,000 worth of options helped push it well beyond the Turbo Cross Turismo's already substantial base price.The auction initially ended with a high bid of $111,500, which failed to meet the seller's reserve. Cars & Bids subsequently recorded the Porsche as sold after the auction for $117,000, putting it $97,320 below its original MSRP.AdvertisementAdvertisementThat works out to approximately 45 percent of the original sticker price disappearing in just two years and with fewer than 7,000 miles on the clock. It's important to note that MSRP doesn't tell us exactly what the original buyer actually paid, so that $97,320 figure represents the difference between sticker price and resale price rather than a confirmed personal loss.This Was A Seriously Expensive TaycanImage Credit: Cars & Bids.The Taycan Turbo Cross Turismo was hardly inexpensive before Porsche's famously extensive options catalog entered the picture. Its base MSRP was $163,400, while this particular Chalk-painted example received roughly another $50,000 in equipment before destination charges.Among the highlights were the Premium, Performance, and Off Road Design packages. The original window sticker also lists a panoramic roof with variable light control, carbon-fiber interior trim, Night Vision Assist, and a Burmester surround-sound system.Some individual options carried suitably Porsche-like prices. Chalk paint added $3,150, the variable-light panoramic roof cost $3,200, the Burmester system was $5,810, and the Performance Package added another $5,410.AdvertisementAdvertisementThose expensive extras certainly made the car more desirable, although they didn't preserve anything close to their original value on the used market. That's hardly unique to Porsche, since optional equipment on high-end vehicles frequently depreciates particularly aggressively once the car becomes used.It Still Has 670 HPDepreciation hasn't made the Taycan any less formidable from behind the wheel. Its dual-motor all-wheel-drive system produces up to 670 horsepower and 626 lb-ft of torque when the overboost function is active.The Cross Turismo also adds a more practical wagon-style body, additional ground clearance, and rugged-looking black body cladding. This example takes that theme further with the Off Road Design Package, making it an unusual combination of high-performance EV, luxury wagon, and mildly adventurous grand tourer.Porsche's 800-volt electrical architecture was one of the Taycan's headline technologies when the model arrived. The car also uses an unusual two-speed transmission on its rear axle, helping combine hard acceleration with high-speed performance.Only 6,900 Miles And A Clean HistoryImage Credit: Cars & Bids.Nothing obvious in the Cars & Bids listing explains the enormous drop in value through damage or neglect. The accompanying Carfax report showed no reported accidents or mileage discrepancies, while the seller disclosed no notable modifications.AdvertisementAdvertisementThe only listed cosmetic flaw was curb rash on the passenger-side front wheel. Its service history also showed replacement tires installed in January 2026 when the Porsche had covered just 3,471 miles.The seller reportedly purchased the Taycan in July 2025 and subsequently added approximately 6,800 miles. That means the car wasn't simply sitting unused throughout its short life, although its total mileage remains remarkably low for the size of the depreciation hit.A Used-EV "Bargain" With A CatchAt $117,000, nobody is going to call this Taycan cheap. Compared with its $214,320 original sticker, however, the secondhand buyer effectively acquired a lightly used, 670-hp Porsche wagon with over $50,000 in factory options at a massive discount.The flip side is obvious for anyone considering buying a similarly expensive new EV. Rapid technological improvements, changing new-car pricing, incentives, and softer demand for used luxury EVs can make residual values difficult to predict.AdvertisementAdvertisementFor the second owner, though, depreciation this brutal can create some extremely tempting opportunities. Would you pay $117,000 for this 6,900-mile Taycan, or would the prospect of another major depreciation hit keep you away?If you want more stories like this, follow Guessing Headlights on Yahoo so you don't miss what's coming next.
