Used Porsche Panamera for Sale nearLibertyville, IL

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 $57,066, and its nationwide average price reached a low of $47,363 over the past year.

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 is a strong choice if you want a luxury sedan with real performance character and everyday usefulness. The all-generations owner rating is 4.63/5 across every model year in the data.

Owners consistently praise the Panamera for its powerful engines, sharp handling, and high-quality interiors. They also value its spacious cabin and practical four-door layout, which make it feel special without giving up everyday usability.

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

The main trade-offs are brake pedal feel on winding roads, audio quality, and performance value for the money.

30.0% of listings are priced as good or great deals.

Are Porsche Panamera models reliable?

Owners consistently praise the Panamera for its performance, luxury feel, and spacious interior. Expert reviews also reinforce its strong driving character and high-quality cabin.

• 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 tied to upkeep costs and model-specific wear, so a careful inspection and service-history review matter.

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

Across all model years, accident-free inventory is solid at 80.3% — 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, 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 standard body style.
• Panamera Platinum Edition: This adds exclusive detailing, unique 21-inch wheels, a sport exhaust system, and the Premium Package, making it the best-value trim for shoppers who want more equipment and a richer feel.
• Panamera Executive: This extended-wheelbase model adds extra rear-seat room for a more spacious back seat.
• Panamera Sport Turismo: This sport wagon body style adds extra cargo versatility and easier access to the back seats.

What Porsche Panamera do most buyers choose?

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

These higher-volume years tend to be popular because they give you more inventory to compare and more chances to find the right trim, mileage, and price combination. They also often sit in the sweet spot between newer features and used-car value.

What is the Porsche Panamera's resale value?

Most Panamera model years are down year over year, and several have posted double-digit declines. That pattern can work in your favor if you want a used luxury performance sedan at a lower entry price than before. The smallest changes are concentrated in the more recent and mid-cycle years, which suggests those versions have been softer to move but still relatively steadier than the steepest declines.

The 2019, 2021, and 2017 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

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 −5.79% versus a year ago, and the 2023 model is at −8.74%.
• Deal availability: The 2023 model has 28.2% good and great deals.
• Sweet-spot year: The 2024 model has the most listings. The Porsche Panamera offers a distinctive blend of sports-car character, luxury, and everyday practicality.

Consider waiting if:

• Powertrain/efficiency: The latest Panamera pairs a twin-turbocharged 2.9-liter V6 with 325 horsepower and 331 pound-feet of torque, and it returns 20 mpg in combined driving.
• Tech: The latest Panamera features wireless Apple CarPlay and Android Auto, SiriusXM 360L satellite radio, Connect Plus connected services, and a wireless smartphone charger.
• Safety: The latest Panamera adds 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.

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 15, 2026, CarGurus experts' opinions, and generative AI.