Summary

• With 190 currently listed for sale and an average price of $57,940.00, 28.4% of 2020 Porsche Panameras for sale on CarGurus are rated as good or great deals.

• Favorably reviewed: Owners rated the 2020 Porsche Panamera 5 / 5 stars.

• 85.8% of 2020 Panamera models on CarGurus are accident free.

Why it stands out

The 2020 Porsche Panamera stands out because it blends Porsche performance with four-door practicality in a way few luxury cars can match. It has the brand’s familiar sportiness and luxury, but also a generous passenger area, a sense of refinement, and a hatchback-style body that adds versatility. The Panamera’s appeal has always been that it feels like a true Porsche while still working as a usable sedan, and that combination is a big part of what makes it distinctive.

For 2020, the Panamera sits in the second generation, which brought a more Porsche-like shape, a more modern interior, and large infotainment/display screens. The range includes six-cylinder and eight-cylinder models, all with an eight-speed PDK dual-clutch automatic transmission, and every version other than the entry model has all-wheel drive. The 2020 update also brought cosmetic, tech, and power changes, including an updated infotainment system and a switch for the base model to a twin-turbo 2.9-liter V6. Buyers looking for performance have plenty to choose from, including plug-in hybrid versions and the Turbo S model with a 620-horsepower version of the Turbo’s 4.8-liter V8.

The 2020 Panamera is also appealing because it comes very well equipped. Standard features include a panoramic roof, heated front seats, a reversing camera, leather upholstery, LED headlights, Apple CarPlay/Android Auto compatibility, and more. That said, it remains an expensive car, and the Panamera’s running costs are likely to be high. Still, for shoppers who want a used luxury sedan with strong performance, real practicality, and a premium feel, the 2020 Porsche Panamera is a compelling choice.

Other model years to consider

• 2017 Porsche Panamera

  • Average price: $40,497.00
  • Good/great deal percentage: 30.5%
  • User rating: 5 / 5
  • Total listings: 328

• 2019 Porsche Panamera

  • Average price: $52,499.00
  • Good/great deal percentage: 27.7%
  • User rating: 5 / 5
  • Total listings: 332

• 2022 Porsche Panamera

  • Average price: $72,942.00
  • Good/great deal percentage: 30.1%
  • Total listings: 346

This analysis is based on CarGurus' proprietary market data from August 10, 2026, CarGurus experts' opinions, and generative AI.