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2023 Porsche Panamera Overview, Reviews, Ratings & Specs

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Simon A | March 31, 2025
The Porsche Panamera, introduced in 2009, is a luxury four-door hatchback/sedan that blends sports car performance with executive-class comfort. The 2023 model continues this tradition. Key trims include the Panamera, Panamera 4, Panamera S, Panamera GTS, Panamera Turbo, and Turbo S E-Hybrid. The pricing range generally spans from around $95,000 to upwards of $200,000, depending on the trim and options. Its unique combination of practicality and thrilling driving dynamics makes it popular.
The Good

The 2023 Porsche Panamera excels in performance, offering exhilarating acceleration and handling. Its luxurious interior provides exceptional comfort. The sleek design evokes emotion, while available hybrid powertrains address efficiency concerns. Practical buyers appreciate the spaciousness and advanced technology. While not the cheapest, it delivers a unique blend of sportiness and refinement.

The Bad

Potential weaknesses of the 2023 Porsche Panamera include its high price tag and expensive maintenance costs. Some may find the rear seat headroom limited due to the sloping roofline. The complex technology can sometimes be prone to glitches. Be mindful of optional equipment costs, as they can significantly inflate the price.

2023 Porsche Panamera: Quick Overview

Here's a summary of key specs for the 2023 Porsche Panamera:

  • Engine Options:
    • 2.9L Twin-Turbo V6 (Panamera, Panamera 4):
    • 2.9L Twin-Turbo V6 (Panamera S, Panamera 4S):
    • 4.0L Twin-Turbo V8 (Panamera GTS):
    • 4.0L Twin-Turbo V8 (Panamera Turbo, Turbo S):
    • Hybrid options combining V6 or V8 engines with electric motors (Panamera 4 E-Hybrid, Turbo S E-Hybrid)
  • Horsepower: Varies widely by trim, ranging from approximately 325 hp in the base Panamera to over 690 hp in the Turbo S E-Hybrid.
  • Fuel Economy: Ranges depending on engine and drivetrain. Expect around 18-21 mpg city and 24-28 mpg highway for V6 models. Hybrid models offer significantly better fuel economy in electric and hybrid modes.
  • 0-60 Times: The base Panamera achieves 0-60 mph in around 5.3 seconds. The Turbo S E-Hybrid can reach 60 mph in under 3.0 seconds. Times vary based on trim and options.
  • Towing Capacity: Not generally recommended or equipped for towing. Focus is on performance and luxury.
  • Trim-Level Features (Examples):
    • Panamera (Base): Leather interior, adaptive air suspension, Porsche Communication Management (PCM) with navigation, Apple CarPlay, lane keeping assist.
    • Panamera 4: Adds all-wheel drive.
    • Panamera S: More powerful engine, upgraded brakes, and more luxurious interior trim.
    • Panamera GTS: Sport-tuned suspension, distinctive styling cues, and enhanced performance.
    • Panamera Turbo: High-performance engine, advanced chassis control systems, and premium interior features.
    • Panamera Turbo S E-Hybrid: Top-of-the-line performance with hybrid technology, extensive standard equipment, and exclusive design elements.
Features vary widely, check specific trim configurations for exact details.

2023 Porsche Panamera Specifications

Vehicle Information
Year 2023
Make Porsche
Model Panamera
Trim -
Style Sedan All-Wheel Drive
Type Sedan
Category Compact Car
Manufacturing Details
Made In Germany
Manufacturing City LEIPZIG
Dimensions
Doors 4-Door
Curb Weight -
Gross Vehicle Weight Rating 2721.55 kg
Overall Height -
Overall Length -
Overall Width -
Wheelbase Length -
Standard Seating 4
Engine & Performance
Engine 2.9 6
Engine Size 2.9L
Engine Cylinders 6
Transmission 8 Automated Manual Transmission (AMT)
Transmission Type Automatic
Transmission Speeds 8-Speed
Drivetrain All-Wheel Drive
Additional Features
Anti-Brake System Standard
Steering Type -
Pricing
Manufacturer Suggested Retail Price (MSRP) -
Invoice Price -
Delivery Charges -

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What Problems Does the 2023 Porsche Panamera Have?

While the 2023 Porsche Panamera is generally considered a well-engineered vehicle, some frequently reported problems and potential long-term reliability concerns should be considered. Issues with the infotainment system, specifically glitches or slow response times, have been mentioned by some owners. Air suspension issues, though less frequent in newer models, can still occur and are costly to repair. Oil leaks, particularly in older models or those with high mileage, are worth watching out for.

Specific recalls for the 2023 model year should be checked with the NHTSA (National Highway Traffic Safety Administration) or Porsche directly, as recall information is constantly updated. Long-term reliability can be influenced by maintenance habits. Adhering to the recommended service schedule is crucial for preventing major issues. Hybrid models, especially the E-Hybrids, have more complex systems that require specialized knowledge for maintenance and repairs. Battery degradation over time is a factor to consider with hybrid models, although Porsche offers warranties on the battery packs. Earlier Panamera model years (2010-2016) had some reported engine issues, but Porsche has made improvements in later generations. It's always advisable to obtain a pre-purchase inspection from a qualified Porsche mechanic to assess the vehicle's overall condition and identify any potential problems before buying a used Panamera.

How long will the 2023 Porsche Panamera last?

With proper maintenance, a 2023 Porsche Panamera can realistically provide 150,000-200,000 miles or 10-15 years of service. Consistent adherence to Porsche's recommended maintenance schedule is critical. Long-term durability hinges on proactive care. Weaknesses over time may include wear and tear on suspension components, potential for increased oil consumption, and the degradation of rubber seals and hoses. Hybrid models may eventually require battery replacement, a significant expense. Regular servicing and careful driving habits will significantly extend the vehicle's lifespan.

What Technology & Safety Features are Included?

The 2023 Porsche Panamera boasts a comprehensive suite of built-in tech, entertainment, driver-assistance, and safety features. The Porsche Communication Management (PCM) system offers a large touchscreen display with navigation, Apple CarPlay, and Android Auto integration. A premium sound system is available for enhanced audio experience. Standard driver-assistance features include lane keeping assist, park assist, and adaptive cruise control.

Optional features can significantly enhance the Panamera's tech capabilities. These may include night vision assist, surround view camera, head-up display, and Porsche InnoDrive (adaptive cruise control with enhanced lane keeping and traffic jam assist).

Safety features are paramount, with multiple airbags, electronic stability control, and anti-lock brakes as standard. Higher trims often include more advanced safety technologies. While official crash-test ratings for the 2023 Panamera may not be available from both NHTSA and IIHS, previous model years have generally performed well in safety evaluations. Porsche typically prioritizes safety in its vehicle design. Check the NHTSA and IIHS websites for the most up-to-date crash test information. Overall, the Panamera is equipped with impressive safety and technology features.

What Colors Options are Available?

Exterior Colors
White
Black
Carrara White Metallic
Jet Black Metallic
Volcano Grey Metallic
Dolomite Silver Metallic
Gentian Blue Metallic
Coffee Beige Metallic
Cherry Metallic
Papaya Metallic
Ice Grey Metallic
GT Silver Metallic
Carmine Red
Interior Colors
Truffle Brown Club Leather
Black Leather
Black/Bordeaux Red Leather
Black/Chalk Leather
Black/Crayon Leather
Saddle Brown Leather
Agate Grey Leather

2023 Porsche Panamera Prices and Market Value

The 2023 Porsche Panamera had a starting MSRP around $95,000, with higher trims exceeding $200,000 when new. Current used market prices vary greatly based on mileage, condition, and options, typically ranging from $70,000 to $150,000+. Depreciation is moderate for Porsche vehicles, but the Panamera's higher initial price means a significant loss in value within the first few years. Factors affecting resale value include low mileage, clean title, documented maintenance history, desirable options (e.g., Premium Package, Sport Chrono Package), and popular color combinations. Rare or limited-edition models tend to hold their value better.

2023 Porsche Panamera Cost of Ownership

The 2023 Porsche Panamera is a costly vehicle to own long-term. Insurance premiums are high due to the vehicle's value and performance capabilities. Fuel costs can be substantial, especially with the higher-performance trims. Maintenance and repair costs are significantly higher than average due to the complexity of the vehicle and the need for specialized parts and service. Regular maintenance, while crucial, can be expensive. Overall, the Panamera is not an economical choice, but rather a luxury vehicle with commensurate ownership costs.

2023 Porsche Panamera Fuel Efficiency

Fuel Type Gasoline
Fuel Capacity -
City Mileage -
Highway Mileage -

2023 Porsche Panamera Safety Rating

NHTSA
Overall Rating Not Tested
Overall Frontal Star Rating Not Tested
Side Overall Star Rating Not Tested
Overall Rollover Star Rating Not Tested
Combined Front Seat Rating Not Tested
Combined Rear Seat Rating Not Tested
Overall Frontal Star Rating Not Tested
Frontal Barrier Star Ratings Not Tested
Overall Side Star Rating Not Tested
Side Barrier Star Ratings Not Tested
Side Pole Star Rating Not Tested
Combined Side Barrier And Side Pole Star Ratings Not Tested
Rollover Resistance Star Rating Not Tested

2023 Porsche Panamera Insurance

Insurance for a 2023 Porsche Panamera is moderately priced, reflecting its status as a Sedan with strong safety ratings and
reasonable repair costs.

How Does the 2023 Porsche Panamera Compare to Other Sedan?

The 2023 Porsche Panamera competes with luxury sedans like the Mercedes-Benz S-Class, BMW 7 Series, Audi A8, and Maserati Quattroporte. In terms of performance, the Panamera often edges out competitors with its sportier handling and potent engine options. The S-Class excels in comfort and technology, arguably surpassing the Panamera in these areas. The 7 Series offers a blend of luxury and driving dynamics, while the A8 provides a more understated and technologically advanced experience.

Reliability is a mixed bag. The German rivals generally have similar reliability scores, although individual experiences can vary. Price-wise, the Panamera is competitive but can become significantly more expensive with options.

The Maserati Quattroporte offers Italian flair and a distinctive exhaust note but may lag behind in terms of technology and refinement.

Alternatives to the Panamera include the Mercedes-AMG GT 4-Door Coupe, which offers similar performance and styling, or the Porsche Taycan, an all-electric alternative with impressive performance. If comfort and technology are priorities, the Mercedes-Benz S-Class is a strong contender. For a blend of performance and value, the BMW 7 Series or Audi A8 are worth considering. Ultimately, the best choice depends on individual preferences and priorities.

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10 2023 Chevrolet Camaro (5.0★)
11 2023 Hyundai Elantra Hybrid (0.0★)
12 2023 Nissan Altima (4.0★)
22 2023 Porsche Panamera (0.0★)

Final Verdict: Is the 2023 Porsche Panamera a Good Sedan?

The 2023 Porsche Panamera is ideal for buyers who want a luxury sedan that doesn't compromise on performance and driving enjoyment. It's a worthwhile purchase for those who appreciate Porsche's engineering and are willing to pay for the associated costs. Buying used can offer significant savings, but a thorough inspection is essential.

Specific trims like the GTS strike a good balance between performance and price, while the E-Hybrid models offer improved fuel economy. New models offer the latest technology and warranty coverage. The Panamera is a great option for those who need a spacious and luxurious car but still desire the thrill of a sports car.

2023 Porsche Panamera Owner Reviews

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Simon A

Simon is a contributor to VinCheck, where he provides articles and reviews on various automotive topics. His work focuses on delivering accurate and up-to-date information about used cars, helping readers make informed decisions.