Porsche Taycan Will Probably Cost Less Than $85,000

Porsche’s first fully electric vehicle, the Taycan, is set to go on sale sometime next year, and we already know most of the specs. It will be an all-wheel-drive sports sedan with more than 600 hp and a 0-60 time under 3.5 seconds. But while we knew it would more or less be aimed at the Tesla Model S, Porsche hasn’t said much about pricing until now.

Speaking to Automotive News, Robert Meier, product lead for the Taycan, said, “We’re expecting a price somewhere between a Cayenne and a Panamera.” In the U.S., the Cayenne starts at $66,750 including destination, while a base Panamera costs $86,050. For comparison, the Tesla Model S starts at $77,800 with destination, while the Jaguar I-Pace will run you a minimum of $70,495.

But because Tesla has already sold more than 200,000 electric cars, a Model S purchased in 2019 will no longer qualify for the full federal tax credit, and by 2020, it won’t qualify for the credit at all. On the other hand, the Taycan should qualify for both federal and state tax credits for the next several years.

Since it’s a Porsche, don’t expect the Taycan to only be offered with a single powertrain. According to Automotive News, Lutz Meschke, Porsche’s CFO, wants to offer other versions with even higher performance. If Meschke gets his way, we may see top-of-the-line Taycans selling for more than $200,000.

Source: Automotive News (Subscription required)

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