Porsche Taycan review: running costs & insurance
The Porsche Taycan should be reasonably cheap to run, once you’ve got past the eye-watering purchase price
Insurance group | Warranty | Service interval | Annual company-car tax cost (20%/40%) |
---|---|---|---|
48-50 | 3yrs/unlimited mileage | 2yrs/20,000 miles | From £302/£604 |
Running costs for the Porsche Taycan will be very reasonable for a car of this price, thanks mainly to electricity being cheaper than petrol. But that initial asking price makes the overall cost of ownership very high. Charge the Taycan at home using a wallbox and is the most cost-effective method – even more so if you plug in overnight and take advantage of off-peak tariffs.
An official range from around 250 to 300 miles mean per-mile costs pale into insignificance compared to the typical petrol bills for supercars and supersaloons that achieve the same performance. Charging at public rapid chargers is much more expensive an can approach the cost of filling up a petrol car, but most owners will do the vast majority of their routine charging at home or the office.
Porsche Taycan insurance group
The Porsche Taycan falls into the pretty high insurance groups: 48 for the entry-level, rear-drive car and 50 for the 4S, GTS and Turbo variants. This means it'll be expensive to cover, even if you’ve got a long history of safe driving with no claims, but that’s just the same for any other car with comparable performance and value. That said, the premiums aren’t going to put off anyone capable of forking out six figures in the first place.
Warranty
The Porsche Taycan is sold with a three-year/unlimited-mileage warranty as standard, while the battery is covered by a separate, eight-year/100,000-mile warranty.
Servicing
The main service for the Taycan is due every two years or 20,000 miles, which is a much more generous service interval than you’ll enjoy on a petrol-powered Porsche Panamera, Bentley Continental GT or the like.
Road tax
As an electric car with zero tailpipe emissions, the Porsche Taycan is currently zero-rated for Vehicle Excise Duty (VED, better known as road tax) and escapes the London Congestion Charge, but both exemptions will come to an end in 2025.