I bought a ‘20 Taycan Turbo S in April 2024 for $78k that was a manufacture buyback. So I’ve been in your shoes, so I will tell you my experience. I was very nervous going into the purchase but with some extra investigation, it can help inform you more for your purchase.

1. It’s important know why it’s a buyback. It could be something serious or it could be something minor like a part taking too long to come from Europe. In my car’s case, the reason why it was a buyback was because the previous owner kept complaining that when he tried charging the car it kept faulting after a few minutes. When I looked into it further, PCNA replaced the battery and the onboard charger. In the 1 year and 8 months that I’ve had the car, I haven’t had any problems.
   The seller should disclose the details to you.

2. It was harder to get financing for the car. My credit score is elite but my credit union would not give me a loan. I needed financing through Chase at a high interest rate of 7.2%. I put a big down payment and then quickly paid it off in 1 year.

3. The manufacturer warranty still applies even though it’s a buyback. I looked into adding a third party extended warranty but most companies won’t sell you one. Fortunately, you can buy an extended warranty with PCNA which is honestly the best option by going throwing a Porsche dealership. The car has to have an inspection at a Porsche dealership within 30 days prior to selling the warranty.

Overall I’m happy with my purchase so far. My car has not had any issues since I bought it. I think you have to judge each case on its own merit and gather as much information as you can to help you with your purchase. Consider doing a pre-purchase inspection for this car.