To estimate the price of the 2023 Porsche Taycan GTS Standard, I first considered the selling prices of similar cars. A 2023 Porsche Taycan GTS with 14,498 km was sold for AED 381,647.45 on 19 Oct 2024. This car is very similar to the one being estimated, but with lower mileage. Another 2023 Porsche Taycan with 17,000 km was sold for AED 276,250 on 25 Sep 2024, but it was not a GTS variant, which is typically more expensive. The new car price for a 2025 Porsche Taycan GTS is AED 540,400. Considering the depreciation of approximately 15% per year, the 2023 model would have depreciated by about 30% from the new price, leading to an estimated value of around AED 378,280. Given the actual selling price of a similar GTS model and the depreciation calculation, the estimated market price for the car in question is aligned with these figures.