Used 2016 Porsche Panamera for Sale near Chicago, IL
53 results
CarGurus Analysis:
2016 Porsche Panamera
With 217 currently listed for sale and an average price of $26,101.00, 31.8% of 2016 Porsche Panameras for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2016 Porsche Panamera 5 / 5 stars.
68.7% of 2016 Panamera models on CarGurus are accident free.
The 2016 Porsche Panamera retains the brand's quintessential driving appeal while offering spacious interior comfort, with practical hatchback versatility and a range of powerful engine options.
CarGurus Analysis: 2016 Porsche Panamera
Summary
With 217 currently listed for sale and an average price of $26,101.00, 31.8% of 2016 Porsche Panameras for sale on CarGurus are rated as good or great deals.
Favorably reviewed: Owners rated the 2016 Porsche Panamera 5 / 5 stars.
68.7% of 2016 Panamera models on CarGurus are accident free.
The 2016 Porsche Panamera retains the brand's quintessential driving appeal while offering spacious interior comfort, with practical hatchback versatility and a range of powerful engine options.
Why it stands out
The 2016 Porsche Panamera showcases a significant evolution in design and performance compared to its predecessor, appealing to buyers seeking a blend of luxury and sporty driving dynamics. With its sleeker coupe-like silhouette, this model retains the practicality of a hatchback while providing generous interior space for passengers and luggage. Under the hood, the Panamera offers an impressive lineup of engines, including powerful V6 and V8 configurations, as well as hybrid options that provide enhanced fuel efficiency without compromising performance. Owners frequently praise its rewarding driving experience and high-quality interior finishes. While some may find the styling of first-generation models less appealing, the 2016 variant strikes a perfect balance between practicality and the classic Porsche identity, making it a strong contender in the luxury sedan segment.
Other model years to consider
- Average price: $41,675.00
- Good/great deal percentage: 29.8%
- User rating: 5 / 5
- Total listings: 366
- Average price: $54,136.00
- Good/great deal percentage: 27.4%
- User rating: 5 / 5
- Total listings: 361
- Average price: $94,169.00
- Good/great deal percentage: 24.8%
- Total listings: 375
This analysis is based on CarGurus' proprietary market data from May 11, 2026, CarGurus experts' opinions, and generative AI.
Relevant articles
Who Makes Porsche Cars?
Porsche is a German automaker that produces a lineup of fast, athletic vehicles with upscale interiors. Porsche is owned by Volkswagen and its vehicles are largely built in Germany.
2025 Porsche Panamera Pricing, Specs, and Release Date
The Porsche Panamera adds a twin-turbo V8 GTS model for 2025 to a sedan lineup that received extensive updates for 2024.
2024 Porsche Panamera Pricing, Specs, and Release Date
The Porsche Panamera gets a mid-cycle refresh for 2024, with updated styling inside and out, tech upgrades, and a newly standard air suspension.
5.0 Overall rating
Filter by rating
Randy W
Reviewed a 2016 Porsche Panamera on Sep 29, 2024
Great car with lots of cool features. Love the exterior and interior color. I just wish the price was just a little lower.
Steve Y
Reviewed a 2016 Porsche Panamera on Apr 16, 2024
Excellent performance car with fun interior and great retained value.
2016 Porsche Panamera Trims
| Trim type | MSRP |
|---|---|
| Turbo | $141,300 |
| Turbo S | $180,300 |
| S | $93,200 |
| 4S | $98,300 |
| Edition | $80,000 |
| 4 Edition | $84,300 |
| GTS | $113,400 |
| 4 | $82,800 |
2016 Porsche Panamera Price Trends
CarGurus tracks the prices of millions of used car listings every year. See how the average price of 2016 Porsche Panamera prices has changed over time.
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