All of this generation of EVs will depreciate like crazy as battery technologies will improve a lot over the next few years and become somewhat more affordable.

Batteries and the tech becoming obsolete is one reason for EVs depreciating a lot

The Taycan gets 260 miles at 75mph in summer and recharges in just over 20 minutes, it’s not obsolete, that’s still one of the best available on the market.

According to the AA, the average car doing 10k miles a year loses 60% of its value after 3 years, battery improvements do not happen quickly enough to make a big difference, and even if the battery halved in cost, it’s not as if the price of a Porsche is suddenly going to be cheap, the new price might drop from £85k to £75k, that is not enough to make a big impact on used car prices.

It’s just the same as always, new cars lose value quickly.