• Now is a great time to buy a used Porsche Taycan, which can cost less than half of what they did when new.
• The cheapest one we found listed online dipped below $40,000.
• Cars on the used EV market may start going up in price as Trump’s tariffs on imported cars start to take effect.

Porsche didn’t mess around when it created the Taycan, a bespoke EV designed from the ground up as one. It won massive praise over the years because even though it was electric, it still felt like a real Porsche, retaining the driving characteristics people look for in these cars. The Taycan’s only big problem was its price, which put it out of reach for many.

Now that the Taycan is almost six years old, prices for used examples have come down considerably. You can get a good early example for under $60,000, and it’s a lot of electric performance Porsche for the money. That’s if you want the dual-motor with the big battery, which is what we would pick, but you can get them even cheaper.

If you’re looking for a base single-motor rear-wheel-drive car, there’s one listed on Cars.com right now for $39,995 with under 37,000 miles on it—that’s an awesome deal if the car is as advertised. The cheapest 4S with the small battery costs $46,420, and it’s covered over 65,000 miles, but there are lower-mileage dual-motor examples for a few thousand more.

We also found a 2021 Taycan 4S Performance Plus, which has the bigger battery, up from 79.2 kilowatt-hours to 93.4 kWh, with just under 46,000 miles for $53,900. That was a $110,000 car back in 2021, and that’s before you added options, so it’s now less than half its original price, which makes it sound like a used terrific deal.

Second-hand Taycan prices seem to have come down quicker after the updated version was released, which upped range but especially performance numbers. This is usually the case when a model facelift is launched, and it applies to the Taycan, too. However, it has to be said that even though the revised Taycan is so much better than before, it isn’t as popular as Porsche was expecting, and sales have taken a downturn.

Car YouTubers, even ones not typically into electric vehicles, have recently started buying cheap Taycans. Tom Voelk from Driven Car Reviews bought a certified pre-owned Taycan 4S sedan for about half its original price, and he says it’s a fantastic car. Matt Farah of The Smoking Tire got a used Taycan 4 Cross Turismo, which he drove from Michigan all the way back to California, and he can’t stop raving about what a good purchase it was.

Used Taycans may go up in value (along with the rest of the second-hand electric car market) as tariffs on imported new EVs by the Trump administration start to take effect. This may be the best time to buy one of these cars, which at half of their original value and low miles sound like a great deal for drivers looking to go electric without sacrificing having fun behind the wheel.