Do not buy the new Porsche Cayenne EV SUV #carinvestment
Porsche, are you trying to ruin yourselves? This is the allnew $163,000 electric Porsche Cayenne, an SUV that looks like it was made by a Chinese EV company. While it’s the most powerful Porsche ever with over,00 horsepower, Porsche are ignoring the warning signs. Lotus cannot sell Electras. Mercedes can’t give away EV G Wagons, and Porsche themselves know far too well that Tyans aren’t selling and are depreciating significantly for their owners. If you had bought a Tyan new in 2020, you would have paid $180,000. Today it’d be worth less than $75,000. That is a loss of $95,000 in just 5 years. This is deeply concerning for Porsche as they are losing their reputation of making sports cars that retain their value. This is great for owners of older end of era Porsches. However, it is terrible for the brand’s current direction. If you like losing money on cars, please don’t follow autofolio.
