Used Porsche Panamera for Sale near Illinois

How much does the Porsche Panamera cost in today's market?

Used Porsche Panamera prices span a wide range depending on model year. Here's what the market looks like right now:

The Porsche Panamera's current nationwide average price is $57,628, and the lowest point that nationwide average price reached over the past year was $47,389.

Recently, prices have come down for the 2022, 2023, and 2025 models, making now a good time to shop recent model years.

Is the Porsche Panamera a good car?

Yes — the Porsche Panamera earns strong owner approval across the full model range.

The all-generations owner rating is 4.63/5 across every model year in the data.

Owners consistently praise the Panamera for its performance, luxury feel, and practical four-door layout. They also frequently highlight its handling, powerful engines, and high-quality interiors.

Expert reviews rate the 2017 and 2021 models among the highest across all years.

The main trade-offs in recent expert reviews center on brake feel, audio quality, and value for the money.

29.9% of listings are priced as good or great deals.

Are Porsche Panamera models reliable?

Owners and experts consistently praise the Panamera for its performance, luxury, and high-quality cabin. The car’s strong driving character and upscale feel come through year after year.

• Owners rate the Porsche Panamera between 3.5 and 5.0 out of 5 stars across all model years in the data.

For used buyers, long-term ownership risk is most worth watching on higher-mileage examples and older cars, where maintenance history and condition matter most.

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

Across all model years, accident-free inventory is solid at 80.2% — always verify the vehicle history report.

Older model years carry meaningfully higher accident rates, so always verify the vehicle history report on pre-2018 models.

Key things to evaluate:

• Safety package: 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
• Infotainment: a 12.3-inch center touchscreen infotainment system with Porsche Communication Management (PCM), wireless Apple CarPlay and Android Auto, SiriusXM 360L satellite radio, Connect Plus connected services, and a wireless smartphone charger
• Fuel efficiency: 20 mpg in combined driving

Which Porsche Panamera trim should I buy?

The 2023 Porsche Panamera offers these trims:

• Panamera: The base twin-turbo V6 and rear-wheel drive make this the entry point, and it suits you if you want the core Panamera experience with the lowest starting point in the lineup.
• Panamera Platinum Edition: This version adds exclusive detailing, unique 21-inch wheels, a sport exhaust system, and the Premium Package with heated and ventilated front seats, heated rear seats, four-zone climate control, Bose audio, adaptive LED headlights, and blind-spot monitoring. It is the best-value trim.
• Panamera Executive: The extended-wheelbase model adds extra rear-seat room for you if back-seat comfort matters most.
• Panamera Sport Turismo: The sport wagon body style adds extra cargo space and easier access to the back seats, making it a strong fit if you want the most versatility.
• Panamera AWD variants: These versions add all-wheel drive for broader drivetrain choice across the lineup.
• Panamera plug-in hybrid variants: These models add hybrid power and stronger output, including a 690-hp plug-in hybrid based on a twin-turbocharged V8 with an electric motor.

What Porsche Panamera do most buyers choose?

The Porsche Panamera years with the most listings are 2024, 2022, and 2019.

Higher-volume years tend to draw more shoppers because they give you more inventory to compare, more pricing spread to work with, and more chances to find the body style and equipment you want.

What is the Porsche Panamera's resale value?

Most model years are down year over year, which is good news if you’re shopping used and want more room to negotiate. The biggest drops are concentrated in older and recent-model examples alike, while a few years are changing only slightly. That makes the Panamera a model where timing and trim choice can matter a lot.

The 2019 model year is holding steady, with prices close to flat year-over-year.

The 2019, 2021, and 2025 model years have held their value best, with the smallest year-over-year price changes.

Is the Porsche Panamera safe?

• 2023: 5/10
• 2021: 6/10
• 2017: 7/10

Adaptive cruise control is standard on all 2023 Panameras.

For the safest used buy, the 2017 model posts the highest confirmed score of 7/10.

Should I buy a used Porsche Panamera now or wait for the next model?

Buy now if:

• Price trend: The 2025 model is at −5.53% versus a year ago, and the 2023 model is at −8.13%.
• Deal availability: The 2023 model has 28.5% good and great deals.
• Sweet-spot year: The 2024 model has the most listings. The Porsche Panamera offers a distinctive mix of sports-car character, luxury, and everyday practicality.

Consider waiting if:

• Powertrain/efficiency: Naturally, the most affordable versions of this Porsche are also the least powerful. The base Panamera and Panamera Platinum Edition have a twin-turbocharged 2.9-liter V6 engine generating 325 horsepower at 6,800 rpm and 331 pound-feet of torque between 1,800 rpm and 5,000 rpm. It pairs with an eight-speed Porsche Doppelkupplungsgetriebe (PDK) transmission.
• Tech: The infotainment system features wireless Apple CarPlay and Android Auto, SiriusXM 360L satellite radio, and Connect Plus connected services. Through that platform, you can access online navigation, a Wi-Fi hotspot, a car finder function, and a vehicle tracking system, among others.
• Safety: Porsche fortifies the Panamera Platinum Edition with numerous advanced driving assistance systems (ADAS). These active safety features include 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.
• Starting price: Our Panamera Platinum Edition’s price tag is difficult to justify given the engine’s performance.

If you're buying used today, the 2024 model year offers the best mix of value and availability. If you want the latest tech and features, it may be worth waiting for the next model year's inventory to build up.

These recommendations are based on CarGurus' proprietary market data from September 11, 2026, CarGurus experts' opinions, and generative AI.