The Porsche Taycan is a high-performance electric vehicle with features that make it a desirable choice for luxury car shoppers. But, besides the impressive specs, some great incentives are available when you purchase a Porsche Taycan.
Read on to learn more about the various incentives and whether the Porsche Taycan is worth it.
PORSCHE TAYCAN VS. TESLA MODEL S
When it comes to electric cars, Porsche and Tesla are two of the biggest names…but which one is better? We’ll compare the Porsche Taycan and Tesla Model S to help you decide which is right.
If performance is important to you when comparing cars, the Porsche Taycan offers 750 horsepower and can reach 0–60 mph in 2.6 seconds. It also has an impressive range of up to 300 miles on a single charge. Meanwhile, the Tesla Model S isn’t as powerful, but it still offers 762 horsepower with a 0–60 time of 3 seconds flat. However, its range isn’t as impressive at just over 250 miles per charge.
For the price, the Tesla Model S is more affordable than the Porsche Taycan. The base model of the Model S starts at $78,190, while the base model of the Taycan starts at $103,800. That said, if you’re looking for higher-performance models with more features and options, the price gap between these two cars narrows considerably.
Lastly, the interior features of both cars are impressive as well. The Tesla Model S has a massive 17-inch touchscreen display, allowing you to control almost every aspect of your car, from climate control to navigation and entertainment options. The Porsche Taycan also has a large touchscreen display, but its main selling point is its leather-lined interior with premium upgrades throughout that give it a luxurious feel that few other cars can match.
PORSCHE TAYCAN REBATES AND INCENTIVES
Making a smart choice in transportation has never been easier!
According to the IRS, electric vehicles gained after December 2009 draw their propulsion energy from a battery that has a capacity of 5 kWh (kilowatt-hour), and the incentive for purchasing a car like this is a tax credit.
To provide additional benefit to those choosing electric vehicles, owners can receive an increased credit rate for each additional kilowatt-hour of battery — to the tune of $417 more per month!
With a maximum allowable credit of up to $7,500, electric vehicle owners can reap the rewards while being environmentally conscious. Check with your state before purchasing a green car to see if additional incentives exist to register your car with the state.
Other Incentives For Buying Electric Cars
Purchasing an electric car can be an excellent choice for many, as various incentives help make switching from gas-powered to electric vehicles more affordable. As you’ve seen, depending on the state you live in, federal tax credits may be available when you purchase or lease an electric car.
Some states offer incentives, such as exemption from sales taxes or discounted registration fees. Other states may have incentive programs that offer discounts on installing charging infrastructure and home chargers.
Many utility companies even provide rate discounts or special rebates for electric vehicle owners, making getting behind the wheel of an electric car even more cost-effective.
Auto Insurance Cost for the Porsche Taycan
Another perk is the car insurance cost. With Porsche Taycan insurance costs, it’s important to remember that electric vehicles have lower insurance rates than gas-powered cars because of their low maintenance costs and high safety ratings.
Many states offer discounts on auto insurance premiums for electric vehicles and other types of green cars.
SO, IS THE PORSCHE TAYCAN WORTH IT?
The Porsche Taycan is the ultimate high-end electric vehicle for those looking for a luxurious, yet green, experience. With innovative features and eye-catching design, it’s easy to see why this car has recently become so popular.
But the question that people are asking these days is whether the tax write-offs make the price worthwhile. Drivers considering purchasing this model should consider what they’ll save in taxes. After all, you can deduct the amount you spend on an electric car when calculating income taxes.
It might also be worth monitoring any applicable fiscal policies or local incentives that would reduce the total cost of this supercar even more. It depends on individual preferences and financial situations whether a Porsche Taycan with its incentives is worth it in the end.
And if you need help finding the best car insurance coverage for the best price for your Porsche Taycan, start by speaking to a SimplyIOA agent at 833.872.4467 or get an auto insurance quote online now.
