3 Minutes
Massive Depreciation on a 690‑hp Panamera
A 2023 Porsche Panamera Turbo S E‑Hybrid with just 1,800 miles has experienced a dramatic decline in value, underscoring how quickly even flagship luxury sedans can depreciate. Originally retailed at 197,850 USD and now resold on Cars & Bids for 125,500 USD after 61 bids, this example lost more than 70,000 USD — roughly 40 USD per mile driven. The car was listed out of Windham, New Hampshire, and the sale highlights how market forces affect modern performance hybrids.
Vehicle Specifications
Powertrain and performance
The Panamera Turbo S E‑Hybrid pairs a 4.0‑liter twin‑turbo V8 with an electric motor in a plug‑in hybrid setup, producing 690 horsepower and 641 lb‑ft of torque (869 Nm). That output translates into supercar‑level acceleration, with a 0 to 62 mph time of about 2.9 seconds. The hybrid system adds an electric boost for low‑end torque while retaining the long‑distance usability expected from a luxury sports sedan.
Key features
This specific car is fitted with Porsche Ceramic Composite Brakes, 21‑inch Turbo Design II wheels, Acid Green brake calipers, and a premium Bose audio system. Comfort and convenience appointments include dual sunroofs, full leather upholstery, heated front and rear seats, and adaptive cruise control.
Design and Comfort
The Panamera blends understated Porsche styling with a spacious four‑door layout, offering the drama of a sports car with executive sedan practicality. Interior finishing and ride quality emphasize refinement, making it a compelling option for buyers who want both performance and daily comfort.
Market Positioning and Value
Despite best‑in‑class performance and Porsche’s reputation for reliability, the Turbo S E‑Hybrid isn’t immune to steep early depreciation common in high‑end performance hybrids. The 2026 Panamera lineup starting price has climbed to around 239,000 USD for top trims, widening the gap between model years and complicating resale dynamics. For buyers, auctions can present rare opportunities to acquire a high‑powered, low‑mileage Panamera for tens of thousands below original MSRP.
How It Compares
Against direct rivals such as the BMW M5, Mercedes‑AMG E 63, and Audi RS6, the Panamera Turbo S E‑Hybrid is comparatively restrained in appearance, making it an effective luxury sleeper. Performance figures rival or exceed those competitors, while Porsche’s build quality and reliability record often make the Panamera a sensible choice for enthusiasts seeking a super sedan with everyday usability.
Bottom line
For buyers hunting performance, prestige, and relative long‑term reliability, a discounted Turbo S E‑Hybrid can be an attractive proposition. For sellers, however, the sale is a reminder that steep depreciation can hit even the most capable and desirable models shortly after delivery.
Comments