The Porsche Panamera has redefined what a luxury family car can be. Originally a controversial design, the second-generation Panamera (Mk2, 2016-2023) established Porsche as a builder of high-performance sedans alongside its sports car heritage. While running costs are high, the Panamera delivers a driving experience unmatched by many rivals, making it a surprisingly competitive option in a world where even basic cars can cost over £40,000.
A Shift in Porsche’s Identity
For Porsche purists, the ideal car remains a rear-engined coupé. However, the company adapted, introducing models like the Boxster, Macan, Cayenne, and the Panamera itself. The first-generation Panamera (2009) proved successful, but the Mk2 launched in 2016, was a significant leap forward. It boasted sleeker styling, improved engines, a redesigned interior, and enhanced driving dynamics. The current third-generation Panamera builds on this foundation, making the Mk2 a strong value proposition on the used market.
Key Model Years and Powertrains
The Mk2 Panamera debuted in November 2016 with a range of engines:
- 2.9L V6 (4S): 434 bhp
- 4.8L V8 (Turbo): 542 bhp
- 4.0L V8 Diesel (4S Diesel): 416 bhp
- 2.9L V6 Plug-in Hybrid (4 E-Hybrid): 455 bhp
In 2018, the Turbo S E-Hybrid arrived with a monstrous 680 bhp from a 4.0L V8 and hybrid system. The Sport Turismo (shooting brake) variant expanded the lineup, while the GTS (434 bhp V8) offered a balance of performance and luxury.
A 2020 facelift brought further improvements:
- Turbo S: Replaced the Turbo with 611 bhp
- GTS: Gained 19 bhp
- 4S E-Hybrid: Introduced with 544 bhp
Porsche also upgraded equipment levels and refined the exterior design.
Buying Used: What to Expect
The used market offers a wide range of Panameras, with plug-in hybrids dominating availability. Diesel models are rare but desirable. Prices start below £25,000 for older examples, with newer models exceeding £70,000.
Current Market Snapshot (as of late 2023):
- 2020 Panamera: £38,995 (47,090 miles, Petrol 2.9L)
- 2015 Panamera: £24,295 (56,000 miles, Diesel 3.0L)
- 2020 Panamera: £43,995 (77,900 miles, Petrol 4.0L)
- 2023 Panamera: £73,990 (18,782 miles, Petrol 2.9L)
Which Panamera Should You Buy?
The Diesel is a standout choice for long-distance comfort and efficiency, but it’s scarce. Otherwise, both petrol and plug-in hybrid models offer exceptional performance. Even the base 3.0L V6 delivers 325 bhp. The E-Hybrids provide fuel savings, but real-world economy depends on driving habits. The Sport Turismo adds practicality without sacrificing performance.
Alternatives
- Audi A7/S7/RS 7: The closest competitor, offering similar practicality but slightly less engaging driving dynamics.
- Mercedes CLS/AMG GT 4-Door: Stylish alternatives, but lack the Panamera’s all-around versatility.
- BMW 8 Series Gran Coupé: Luxurious, high-tech, and quick, but pricier.
- Maserati Quattroporte: A more flamboyant option with a distinctive V8 engine.
- Aston Martin Rapide: Offers a unique V12 experience, but lacks the Panamera’s refinement.
Key Considerations
- All-Wheel Drive: Standard on most models, except the Diesel and some 3.0L V6 variants.
- Air Suspension: Highly recommended for superior comfort, though not standard on base models.
- Sport Turismo: Offers enhanced practicality without compromising performance.
- Hybrid Range: Expect around 30 real-world miles on a full charge for E-Hybrid models.
Running Costs and Reliability
The Panamera is expensive to maintain. Oil changes start at £691, with additional costs for brake fluid, spark plugs, and differential/transmission services. Porsche offers extended warranties (up to 15 years), but independent specialists can reduce maintenance costs. The car has been subject to 11 recalls (as of 2023) addressing exhaust, suspension, steering, and emissions issues.
Owner Satisfaction
Porsche consistently ranks highly in owner satisfaction surveys, particularly for ride, handling, reliability, and infotainment. Value for money and running costs are the main drawbacks.
Conclusion
The Porsche Panamera (Mk2) represents a sweet spot in the lineup. It offers a rare blend of luxury, performance, and practicality. While running costs are substantial, the driving experience and overall quality make it a compelling choice for buyers seeking a high-end sedan.
