Summary

• With 212 currently listed for sale and an average price of $25,434.00, 25.5% 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.

• 70.8% of 2016 Panamera models on CarGurus are accident free.

• The 2016 Porsche Panamera features a blend of sportiness and luxury, with a spacious interior and a range of powerful engine options, including hybrid variants.

Why it stands out

The 2016 Porsche Panamera is a remarkable four-door sedan that combines the performance and driving dynamics expected from Porsche with the practicality of a spacious interior. This model is part of the second generation, which debuted in 2016, and it showcases a sleeker, more coupe-like design compared to its predecessor. The Panamera offers a variety of powerful engine options, including V6 and V8 configurations, as well as hybrid models that provide both efficiency and exhilarating acceleration. The interior is luxurious and well-appointed, featuring high-quality materials and advanced technology, making it a comfortable ride for both driver and passengers. Additionally, the hatchback design enhances cargo versatility, setting it apart from traditional sedans. While some may find the first-generation styling less appealing, the 2016 model has received praise for its aesthetic improvements and overall driving experience.

Other model years to consider

• 2017 Porsche Panamera

  • Average price: $40,253.00
  • Good/great deal percentage: 29.2%
  • User rating: 5 / 5
  • Total listings: 325

• 2019 Porsche Panamera

  • Average price: $53,185.00
  • Good/great deal percentage: 32.2%
  • User rating: 5 / 5
  • Total listings: 329

• 2024 Porsche Panamera

  • Average price: $94,451.00
  • Good/great deal percentage: 28.2%
  • Total listings: 394

This analysis is based on CarGurus' proprietary market data from July 20, 2026, CarGurus experts' opinions, and generative AI.