Man took his Porsche Taycan EV to be valued and was left staggered after finding out it's 'worthless'

This UK YouTuber decided to check how much his Porsche Taycan EV was worth after a relatively short time and limited mileage.

It didn’t go as planned.

Running a Porsche Taycan is a lot more expensive than expected, but it was its depreciation that truly shocked him.

And he’s not alone.

The Taycan is a gift and a curse for Porsche

First unveiled as the Mission-E concept in 2015, the Taycan has been a bittersweet asset for Porsche.

After the initial launch, there was a honeymoon phase where everything went well, with sales going through roof and positive reviews.

This also became the first electric car to star in a climactic Hollywood car chase in Den of Thieves 2, and it set different records around the Nürburgring.

But then sales stalled and began to decline, mainly because word about its brutal depreciation got around.

Over 20,800 Taycans were delivered to customers in 2024, but that corresponds to a decline of 49 percent when compared to 2023.

Porsche delivered even fewer units in 2025: 16,339.

That’s the ‘front-end’ problem, but the ‘back-end’ problem – this is a software-based car so we might as well use an IT metaphor – is that EVs are expensive to make.

The scariest number has to do with the brand’s operating profitability, which decreased over 90 percent (not a typo) year-on-year from 2024 to 2025, largely due to the fact that EVs are very expensive to make and therefore less profitable.

Here’s what happened to this Taycan owner when he decided to have it appraised

Lee Alexander Davey, a UK YouTuber online as The MacMaster, has been posting regular updates about his financial misfortunes with the Taycan.

After finally giving up on his $160,000 EV, he decided to go back to the internal combustion engine with a used 911, but the dealer told him his Taycan wasn’t really worth much, and they didn’t want it anyway.

Porsche offered him around $59,000, WeBuyAnyCar offered around $53,000, and CarWow couldn’t do better than $35,000.

The Porsche dealership he got it from valued it at around $54,000 but – here’s the kicker – they told him they were no longer accepting used Taycans.

“I’m basically left with a car that’s worthless. Even the dealership does not want this car back,” he said in the video.

“Yet again, [the problem is that] electric cars are disposable. I just want rid [of my Taycan because] I’ve had enough.”