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The Quickest Porsche Ever Just Faced A Brutal Reality Check At Auction

  • Porsche’s 1,019 hp Taycan Turbo GT failed to meet reserve price.
  • EV depreciation hit hard, echoing trends in luxury segments.
  • Faster than Plaid and SF90, yet buyers barely showed interest.

It’s far from unusual for high-performance models from Porsche’s exclusive GT division to appreciate in value the moment they leave the showroom. That’s been the case with the current 911 GT3 RS, and it’s often true for limited-run, motorsport-infused builds.

But the electric Taycan Turbo GT isn’t following that playbook. Despite its credentials, it seems to be moving in lockstep with the value drop seen across the wider Taycan range.

Read: Taycan Goes Full Psycho Mode To Steal Porsche’s Lost Record From Xiaomi

The standard Taycan, just like its corporate cousin from Audi, the e-tron GT, has taken a beating in resale value since launch. EVs in general depreciate faster than most combustion cars, but the Taycan has faced a particularly steep drop.

Earlier this week, a near-new Taycan Turbo GT went up for auction and came in a staggering $82,000 below its original MSRP before the bidding stopped.

A Bad Day for Taycan Values

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Bring a Trailer

The high-performance sedan was listed for auction on Bring a Trailer by Gaudin Classic, a Porsche dealer in Nevada. Prior to the auction, it had never been sold to a private owner and had just 141 miles (227 km) on the clock. It is also equipped with the Weissach package that includes a fixed rear wing, no rear seats, and more pieces made from lightweight carbon fiber.

A look at the car’s window sticker reveals it has an MSRP of $238,300, bolstered by nearly $10,000 in additional options. Among them is a $2,950 Shade Green Metallic paint finish, $1,380 satin black wheels, and $1,760 race-tex-finished inner door-sill guards. As Taycans go, this one ticks every box, but the final bid landed at just $167,000.

Harsh Market Reality

According to the seller, bidding came close to meeting the reserve, and they plan to negotiate with the top bidder to see if a deal can still be made. Whether or not it sells, the takeaway is as clear as ever. That’s a brutal level of depreciation for a car that hasn’t even gone through its first full charge cycle.

For as impressive as the Taycan Turbo GT is, there may not be many buyers eager to spend that much on a track-focused electric sedan that, for most owners, will likely never see a circuit. The Weissach package also means it has two fewer seats than some 911s, so it’s not exactly practical either.

 The Quickest Porsche Ever Just Faced A Brutal Reality Check At Auction

What Makes This EV Special?

To be fair, the specs are hard to argue with. The Taycan Turbo GT uses dual electric motors to deliver 1,019 hp with launch control, peaking at 1,092 hp in two-second bursts.

Earlier this year, MotorTrend launched the Weissach model to 60 mph (96 km/h) in just 1.89 seconds using a one-foot rollout, making it the quickest car the publication has ever tested in its 76-year history.

Without rollout, the time comes to 2.1 seconds, beating the Tesla Model S Plaid, Ferrari SF90 Stradale Assetto Fiorano, and even the Lucid Air Sapphire.

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Source: Bring a Trailer

Aussies Can Finally Buy A Rivian, But Good Luck Driving It

  • MEVCO’s Rivian R1T trucks will be auctioned in Australia after bankruptcy.
  • Some models were modified for mining, adding bull bars and extra gear.
  • Left-hand-drive Rivians can’t be legally registered for Australian roads.

Australia has long been a stronghold for pickup trucks, but Rivian’s all-electric lineup remains out of reach for local buyers. For now, at least. Without any right-hand-drive models in its range, the American EV maker hasn’t officially broken into the Australian market.

More: Rivian Is Getting Bigger But Its Service Workforce Is Getting Smaller

That could shift in a roundabout fashion, courtesy of a batch of Rivian R1T trucks that ended up stranded Down Under. They might soon be offered to the public. Just one small hitch; you can’t legally drive them on the road, which tends to put a dent in the whole ownership experience.

How Did They Get Here?

 Aussies Can Finally Buy A Rivian, But Good Luck Driving It

So, how did a bunch of Rivianland in Australia in the first place? The short answer is MEVCO, a Perth-based startup launched in 2022 with plans to supply fully electric light commercial vehicles to the mining sector.

The company purchased 13 Rivian R1Ts in 2024 for local trials, alongside three electric Toyota Hilux utes converted by SEA Electric. But MEVCO’s ambitions didn’t last. After struggling to raise funds and drowning in debt, the company collapsed into administration in September 2025.

As part of the liquidation, the entire fleet is now heading to auction. The Rivians will be sold through Grays Auctions in Western Australia, giving local EV enthusiasts a rare chance to pick up one of the U.S.-built trucks, if they can live with some serious restrictions.

Can You Actually Use One?

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MEVCO via Drive.com.au

Under Australian law, left-hand-drive vehicles can only be registered for road use if they’re over 30 years old. There are limited exemptions for rare imports, but as these Rivians are mass-produced, they likely won’t qualify.

That means buyers will be confined to using them on private property, think farms, mine sites, remote tracks, or driveways outside the public road network.

More: Rivian CEO Gets A Musk-Style Pay Deal, But Minus A Few Zeros

Technically, converting them to right-hand drive could make them street legal, but that’s not a cheap process.

As reported by Australian outlet Drive.com.au, which broke the story, the Rivians will go under the hammer in Western Australia through Grays Auctions.

 Aussies Can Finally Buy A Rivian, But Good Luck Driving It

The Rivians in MEVCO’s fleet are second-generation models equipped with dual electric motors, with several adapted for use in Australian mining operations.

Press photos show a range of added gear, including a bull bar, sports bar, Kevlar underbody protection, wiring harnesses for auxiliary equipment, and a custom sliding drawer mounted behind the cabin.

Michael Fernandes, State Operations Manager for Grays Auctions in WA, told Drive.com.au, “We’re currently working closely with the administrator and completing our legal and compliance due diligence to ensure that when these vehicles hit the open market, ownership will pass to buyers as smoothly as these vehicles drive.”

He added that more details about the auction sale would be made available once the formal process allows.

This Classic BMW Coupe Swapped Its Soul For A Tesla Motor

  • Bavarian Econs Tech converted a 1972 BMW 2002 into an EV.
  • It uses a 33 kWh BMW i3 battery and a Tesla Model S motor.
  • Offers 178 hp, 125 lb-ft of torque, and a 124-mile driving range

Electric vehicles have a way of making everyday driving feel effortless. being quiet, smooth, and free from the clatter and compromise of combustion. As a daily companion, they can make traditional gas-powered cars seem like holdovers from another era.

But there’s a reason enthusiasts still care about engines. They give a car its personality, especially in vintage models like the BMW 2002. So here’s the question: would you want to cruise around in a 1972 BMW that’s been reworked to run on electric power?

Watch: Jay Leno Gives This Home-Brewed BMW 2002 Restomod His Stamp Of Approval

Currently listed on Bring a Trailer, this 1972 BMW 2002 in Golf Yellow, now known as the 2002te, has been given a new lease on life courtesy of Bavarian Econs Tech, a specialist outfit based in Munich. The conversion is thorough. The factory engine and drivetrain are long gone, replaced by the 33 kWh battery pack from a BMW i3.

Feeding that battery’s energy to the wheels is an electric motor sourced from a Tesla Model S. The motor delivers 178 horsepower and 125 lb-ft (170 Nm) of torque, all managed by a 400-volt electrical system.

Light, Quick, and Quiet

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Bring a Trailer

According to the seller, the car can drive up to 124 miles (200 km) on a single charge and run to 62 mph (100 km/h) in a swift 6.2 seconds, more than anyone really needs in most situations. It also tips the scales at just 2,400 lbs (1,088 kg), and we’re sure it’s plenty of fun to throw around corners.

However, in addition to lacking an engine and all of the associated noises and vibrations, the car doesn’t have a transmission, so the next owner won’t be able to enjoy the thrill of changing gears.

An individual from Bavarian Econs Tech who built the car says the 2002 arrived at their workshop with just 31,000 km (19,262 miles) under its belt and was free from rust. Impressively, the exterior paint remains original, as is most of the interior.

There are updates, though. A new set of bucket seats have been installed alongside refreshed carpets and an updated air conditioning system. Helping to further modernize the car is a Bluetooth audio system with eight Helix speakers and a subwoofer.

Adding to the car’s striking looks are 13-inch Alpina wheels clad in Michelin XDX-B tires. The EV-powered BMW has also been equipped with adjustable KW Racing V3 Classic coilovers and all of the important bushings have been replaced with polyurethane ones from Powerflex.

If a classic with an electric twist is right up your alley, the auction is now live on Bring a Trailer. Take a look at it over here and get your bid in while it’s still up.

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Bring a Trailer

He Sold His $142K Lucid At A Huge Loss After Just 400 Miles Of EV Reality

  • The owner sold nearly new $142K Lucid Gravity after 400 miles.
  • Broken workplace chargers and no home charger caused the issue.
  • The seller still loves the car and plans to return to EVs eventually.

It’s hard to argue that owning a vehicle with 1,070 horsepower (797 kW) wouldn’t be extremely fun. However, that excitement turns on its head when you realize that there’s nowhere to refuel, or rather in this case, recharge it.

That’s exactly what just happened to a Brooklyn-based Lucid Gravity Dream Edition buyer. After snatching this unique EV up brand new in September of 2025, he ended up selling it just 400 miles later for a huge loss.

More: Lucid’s Cheaper Gravity Lost Hundreds Of Horses But Found You Thousands In Savings

The seller on Cars & Bids shared a photo of the window sticker for this luxury SUV, listing an MSRP of $141,550. When the hammer fell on his auction sale of the car, it brought just $123,000. That’s a painful $18,500 lesson for 400 miles of usage in a little over a month, amounting to $46.25 for every mile he put on the odometer.

Where Do You Plug In?

Why take such a big loss for a vehicle that the owner says is “an awesome car”? It all comes down to charging it up. For the owner, it was almost like buying a Hellcat and then realizing that the closest gas station is 220 miles away.

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Cars&Bids

He says that his initial plan was to charge where he works but then one option after another fell apart until he had to take the loss we’re talking about here.

“I was planning to charge at work but the chargers at my work aren’t working and there is seemingly no plan to fix them. Since I don’t have a charger at home and can’t get one installed this became an unsolvable,” he said in response to a question about the situation.

He then went on to fault his living location, New York, more than anything else.

 He Sold His $142K Lucid At A Huge Loss After Just 400 Miles Of EV Reality

“I tried to find another solution but in NYC most chargers (all the ones convenient to me) were in parking garages where you had to pay exuberant [sic] prices to park in order to use the chargers. I live a busy life so just couldn’t find a workable solution,” he added.

It’s a little ironic that in a city as vast and densely packed as New York, famous for both its wealth and its gridlock, a high-end EV can still be this impractical. For now, he’s out, but he hasn’t sworn off electric power entirely. According to him, he’ll be back behind the wheel of another EV “as soon as [a solution] presents itself.”

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Source: Cars&Bids

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