How much does the 2023 Porsche Panamera cost?

Prices have softened 7.62% compared to this time last year, making it a favorable time to shop this model year.

There are 328 listings available, which suggests you should have some room to compare condition, mileage, and equipment.

If you find a listing below $83,976.22, that's toward the low end of the year-round range and worth acting on quickly.

Is the 2023 Porsche Panamera a good car?

Yes — the 2023 Porsche Panamera earns a 5/5 user rating and a 6.67/10 expert rating.

The standout strength is Look and feel at 9/10.

It brings Porsche’s sports-car character into a four-door grand tourer format, and the result is a car that feels distinctive while still being practical. The overview also points to a broad lineup with multiple body styles and drivetrains, so you can tailor the car to your priorities.

The trade-offs are real: the brake pedal feel on winding roads is a weakness, the Bose audio system is unimpressive, and the performance value for the money is not especially strong.

For buyers who want a luxury performance car that can deliver both style and practicality, the Panamera’s mix of comfort, cargo space, and driving appeal makes it compelling. Good and great deals account for 31.7% of listings, which gives you a decent chance to find a competitive example.

Is the 2023 Porsche Panamera reliable?

Owners rate it 5/5, a strong signal of long-term satisfaction.

The overview describes the Panamera as a well-rounded luxury performance car with everyday comfort and useful cargo space, while the expert evaluation emphasizes its impeccable engineering and quality. The performance write-up also praises the twin-turbo V6 and PDK combination as a fantastic powertrain, with decisive shift action and strong composure on the road.

The cost-effectiveness section adds that Porsche’s engineering and quality are impressive, even if the price is hard to justify. For used buyers, the main long-term risk is that ownership can be expensive if you want to keep the car in top condition.

What should I look for when buying a used 2023 Porsche Panamera?

Accident-free inventory is excellent at 90.9% — clean inventory, standard diligence applies.

You should still run a history report and prioritize a pre-purchase inspection, especially if the car has higher mileage or optional equipment. Focus on brake feel, infotainment operation, and the condition of any premium features that may have been added through packages or options.

Key things to evaluate:

• Trim level: The base setup emphasizes the standard body style and base twin-turbo V6, while the Platinum Edition adds exclusive detailing, unique 21-inch wheels, a sport exhaust system, and a Premium Package with heated and ventilated front seats, heated rear seats, four-zone climate control, Bose audio, adaptive LED headlights, and blind-spot monitoring.
• Powertrain: The base Panamera uses a twin-turbocharged 2.9-liter V6 with 325 horsepower and 331 pound-feet of torque, paired with an eight-speed PDK transmission. It is rear-wheel drive standard, with all-wheel drive available.
• Safety package: Standard driver assistance includes adaptive cruise control, forward collision warning, automatic emergency braking, lane-departure warning, lane-keeping assist, blind-spot monitoring with lane-change assist, and parking sensors. An available Assistance Package adds a head-up display, surround-view camera, and Porsche InnoDrive with Traffic Jam Assist.
• Infotainment: The cabin centers on a 12.3-inch touchscreen with Porsche Communication Management, wireless Apple CarPlay and Android Auto, SiriusXM 360L, Connect Plus services, a Wi-Fi hotspot, vehicle tracking, and a wireless smartphone charger.
• Fuel efficiency: The EPA says the Panamera should return 20 mpg in combined driving, and the test vehicle averaged 19.3 mpg on a mountainous testing loop.

Which 2023 Porsche Panamera trim should I buy?

The 2023 Porsche Panamera is offered in 3 trim levels: standard Panamera, Panamera Executive, and Panamera Sport Turismo.

Here's the short version:

• Base trim: The standard Panamera is the simplest path into the lineup, but it does not include the Platinum Edition’s upgraded detailing, premium wheels, sport exhaust, or the added comfort and convenience features bundled into the Premium Package.
• Sweet-spot trim: The Platinum Edition is the most compelling choice if you want a richer feature set, since it adds heated and ventilated front seats, heated rear seats, four-zone climate control, Bose audio, adaptive LED headlights, and blind-spot monitoring.
• Premium/top trim: The Panamera Sport Turismo is the most distinctive body style if you want the wagon-like layout and extra utility, while the Executive gives you the extended-wheelbase format for more rear-seat space.

Adaptive cruise control is standard across the lineup for 2023, which is a useful safety-package note if you are comparing trims.

Is now a good time to buy a used 2023 Porsche Panamera?

This is a moderate, selective buyer’s market, so you can shop carefully without expecting every listing to be a bargain.

• Deal availability: 31.7% of listings are priced as good or great deals.
• Inventory: There are 328 listings available.
• Price trend: Prices have softened 7.62% compared with last year.
• Clean inventory: 90.9% of listings are accident-free.

If you find a listing below $83,976.22, that's toward the low end of the year-round range and worth acting on quickly.

What is the 2023 Porsche Panamera's resale value?

The current average of $83,984 sits slightly below last year's $90,911.

That price movement suggests the market has already adjusted downward, which can help you as a buyer today but may also limit upside if you plan to resell soon. If you buy well and keep the car in strong condition, you may be better positioned than someone who pays closer to the top of the range.

Vehicles with strong owner satisfaction ratings, like this model year's 5/5, tend to retain buyer demand, which supports resale value over time.

Is the 2023 Porsche Panamera safe?

It earns a 5/10 safety score from our experts.

Porsche fortifies the Panamera Platinum Edition with numerous advanced driving assistance systems, including adaptive cruise control, forward collision warning, automatic emergency braking, lane-departure warning, lane-keeping assist, blind-spot monitoring with a lane-change assist function, and parking sensors.

You can also add an Assistance Package with a head-up display, a surround-view camera, and Porsche InnoDrive with Traffic Jam Assist, which pairs adaptive cruise control with lane-centering assist for highway and traffic use. One caveat is that the lane-departure warning system can struggle to distinguish pavement seams from lane markings.

Should I buy a 2023 Porsche Panamera or consider a different year?

If you're weighing the 2023 against nearby model years, here's how to think about it:

Choose the 2023 if:

• 31.7% of listings are priced as good or great deals.
• Accident-free inventory is excellent at 90.9% — clean inventory, standard diligence applies.
• Price trend: Prices have softened 7.62% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.
• This year’s only change is that adaptive cruise control is standard instead of optional.

The bottom line: If you want a Panamera with a strong mix of comfort, practicality, and Porsche character, the 2023 model is a sensible target, especially if you value the newly standard adaptive cruise control. If price is your main concern, you can shop selectively and focus on the better-priced listings, since the market has softened and there is enough inventory to compare examples carefully.

These recommendations are based on CarGurus' proprietary market data from August 21, 2026, CarGurus experts' opinions, and generative AI.