Used 2023 Porsche Panamera for SaleNationwide

How much does the 2023 Porsche Panamera cost?

Prices have softened 8.87% compared to this time last year, making it a favorable time to shop this model year.

There are 370 listings available, which gives you a meaningful pool to compare trims, mileage, and condition.

Is the 2023 Porsche Panamera a good car?

Yes — the 2023 Porsche Panamera earns a 5/5 user rating and a 6.7/10 expert rating. The standout strength is Look and feel at 9/10.

The Panamera blends Porsche 911 Carrera styling cues with a more practical sportback or sports wagon shape, so you get a car that feels distinctive while still working as a usable grand tourer. It is also offered in three body styles and multiple drivetrains, which gives you a wide range of configurations to match how you plan to use it.

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

With 34.6% of listings marked as good or great deals, you have some room to shop selectively.

Is the 2023 Porsche Panamera reliable?

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

The Panamera’s appeal is reinforced by its strong engineering, rewarding driving dynamics, and high-quality execution. It is built to work as both a performance car and a practical grand tourer, and the lineup’s breadth suggests a well-developed platform rather than a one-note luxury sedan.

Its twin-turbo V6 and PDK transmission are described as a fantastic powertrain for most buyers, and the car’s overall mechanical engineering is presented as exceptionally polished. The cost side is less reassuring, though, because the car is expensive to buy and can be hard to justify on performance-per-dollar grounds.

For used buyers, the main long-term risk is paying a premium for a car whose upkeep and ownership costs can outpace its everyday value.

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

Accident-free inventory is solid at 89.7% — always verify the vehicle history report.

You should still run a history report on any car you’re considering, even if the listing looks clean at first glance. Prioritize a pre-purchase inspection, especially on a car with higher mileage or a long option list, because condition and maintenance history matter a lot on a premium performance model. Focus on how the brakes, infotainment, and driver-assistance features operate in real use, since those are the kinds of systems that can affect day-to-day satisfaction.

Key things to evaluate:

• Trim level: The standard Panamera, the extended-wheelbase Panamera Executive, and the Panamera Sport Turismo each bring a different body style and use case. The Platinum Edition adds exclusive detailing, unique 21-inch wheels, a sport exhaust system, and a Premium Package with 14-way power-adjustable front seats with heating and ventilation, heated rear seats, four-zone automatic climate control, a Bose premium sound system, adaptive LED headlights, and blind-spot monitoring.
• Powertrain: The base setup uses a twin-turbocharged 2.9-liter V6 with 325 horsepower and an eight-speed PDK dual-clutch automatic transmission. Rear-wheel drive is standard, and all-wheel drive is 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. The available Assistance Package adds a head-up display, a surround-view camera, and Porsche InnoDrive with Traffic Jam Assist.
• Infotainment: You get a 12.3-inch center touchscreen, Porsche Communication Management, wireless Apple CarPlay and Android Auto, SiriusXM 360L, Connect Plus connected services, and a wireless smartphone charger.
• Fuel efficiency: The EPA says the base setup should return 20 mpg in combined driving, and the test vehicle averaged 19.3 mpg on a mountainous test 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:

• Panamera: This is the trim to start with if you want the core Panamera experience in its most straightforward form. It gives you the base twin-turbo V6, rear-wheel drive, and the car’s signature blend of luxury, practicality, and driving appeal without pushing the price higher than necessary.
• Panamera Executive: Choose this if you want the extended-wheelbase layout and more rear-seat-oriented packaging. It makes the Panamera feel more accommodating for passengers while keeping the same overall character.
• Panamera Sport Turismo: This is the best fit if you want the most wagon-like body style and the most cargo-friendly take on the Panamera formula. It suits you best if utility matters as much as style.

The Platinum Edition adds desirable equipment, but the safety package note is worth remembering: adaptive cruise control is standard on all 2023 Panameras, while the Assistance Package remains optional.

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

This looks like a moderate, selective buyer’s market, so you can shop carefully and still find worthwhile listings.

• Deal availability: 34.6% of listings are priced as good or great deals.
• Inventory: There are 370 listings available.
• Price trend: Prices have softened 8.87% compared with last year.
• Clean inventory: 89.7% of listings are accident-free.

If you find a listing below $81,060, 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 $81,156 sits slightly below last year's $89,055.

That price movement suggests the market has already adjusted downward, which can help you as a buyer today but may limit upside if you plan to resell soon. If you buy at the right price, you reduce the chance of taking a steep depreciation hit from the current market reset. The Panamera’s broad appeal and strong owner satisfaction can help support demand, but its premium positioning still means resale will depend heavily on condition, mileage, and equipment.

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?

The 2023 Porsche Panamera earns a 5/10 safety score from our experts.

Porsche equips the Panamera Platinum Edition with 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. You can also add an Assistance Package with a head-up display, a surround-view camera, and Porsche InnoDrive with Traffic Jam Assist.

One caveat is that the lane-departure warning system can struggle to distinguish pavement seams from lane markings. The lane-keeping assist can also intervene abruptly once it decides you need correction, so you should stay engaged even when the system is active. Adaptive cruise control is standard for 2023, but the more advanced assistance features remain optional.

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:

• 34.6% of listings are priced as good or great deals.
• Accident-free inventory is solid at 89.7% — always verify the vehicle history report.
• Price trend: Prices have softened 8.87% compared with last year.
• Owners rate it 5/5 — a strong satisfaction signal.
• This year’s key update is that adaptive cruise control is standard instead of optional.

The bottom line: The 2023 is a smart pick if you want the updated standard safety equipment and a market that has softened enough to create some negotiating room. If you are especially price-sensitive, a nearby year may still make sense, but the 2023 gives you a strong mix of value, equipment, and buyer confidence.

How does the 2023 Porsche Panamera compare to the 2023 BMW 7 Series?

Expert Pros & Cons (per CarGurus review team)

2023 Porsche Panamera:

• Pros: Fun to drive, Comfortable, Plenty of cargo space.
• Cons: Brake pedal feel on winding roads, Unimpressive Bose audio system, Poor performance value for the money.

2023 BMW 7 Series:

• Pros: Comfortable, Great ride quality, Great handling.
• Cons: Unintuitive technology, Potentially polarizing design.

Our experts score the 2023 Porsche Panamera 6.7/10 and the 2023 BMW 7 Series 6.7/10. The Panamera leans more toward driving enjoyment and cargo utility, while the 7 Series emphasizes ride quality and comfort. If you care most about a sportier feel and a more distinctive shape, the Panamera has the edge; if you want a smoother luxury-first experience, the BMW is the more natural fit.

These recommendations are based on CarGurus' proprietary market data from November 10, 2026, CarGurus experts' opinions, and generative AI.