This is how FAST the Porsche Panamera depreciates | Depreciation and Buying guide
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- čas přidán 15. 06. 2024
- Buying a Porsche Panamera? Then this is the video to watch. In this depreciation and buying guide of the Panamera, I will show you how the depreciation curve looks like and how much the car loses each 1000 miles. Moreover, I will show this for the base model, the Panamera s, the Panamera gts, Panamera turbo, Panamera gts, and the e-hybrid models. We will also zoom into the V8 R market to figure out what a fair purchasing price is.
You can contact me at fourwheeltrader@gmail.com if you would like a personalized analysis.
The depreciation rate for the Porsche Panamera can fall into two categories; very low or very high. It’s a Porsche and that means that it comes with a strong brand appeal and recognition. After all, it gives many supercars a run for their money. However, its also a big luxury car. Those usually depreciation fast.
To find out how fast the Panamera depreciates, we will analyse the market. First, I will run you through some general market statistics for the base, S, GTS, and turbo model. After this, we will do a deep dive for each market segment and figure out the depreciation per year and per 1000 miles driven. It turns out that the absolute depreciation rates differ quite a lot among the models. Yet, the relative rates are rather similar. After this, we will aggregate the results and compare the depreciation curves for all models. This reveals that, the older the cars, the better value for money the top models offer. Finally, at the end of the video, we will plot the depreciation rates for the Panamera on the depreciation leaderboard.
Content:
0:00 High or low depreciation?
0:59 Panamera market
04:10 Base and S market
08:44 GTS and Turbo market
10:46 Comparisons
12:25 Depreciation leaderboard
13:47 Conclusion
Disclaimer: The Content is for educational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this video constitutes a solicitation, recommendation, or endorsement to buy or sell any cars. The information published has been obtained from or is based on sources which are believed to be accurate and complete. Although reasonable care has been taken, the completeness and the accuracy of any information published cannot be guaranteed. Any opinions may be wrong and may change at any time. You should always carry out your own independent verification of facts and data before making any purchase decision - Auta a dopravní prostředky
I love depreciation. It's how I get to drive luxury cars that I want, several years later.
Yes! Yes! Yes! I'm waiting for a little while longer to get my 2017 4s
Maintenance and parts do not depreciate tho
Be carful with maintenance, 😅that’s all
@@terrancepinkney777 same bro😊
+1
I wasnt looking for a panamera however after a test drive I was impressed. 2012 with 46k miles for 34k, changed the brakes & rotors= $1400 took it to a local high performance mechanic for a full tune up and replaced engine mount and a few parts =$3,000...3 yrs later only the headliner is in need of replacing everything else has been great. It's still a thrill when I hit 60 mph the tail comes up, then I hit sport mode, steering tightens, car lowers, throttle output and sound increases as the engine pushes like a Champ! Solid, excellent craftsmanship, awesome handling, & power...it's a Porsche!
Hahaaaa! Exactly! Thanks depreciation! This guy is a chachi
love it! lovely just lovely!
I'm about to go the same route.
It is so true in polish market. I sold mine a year ago. All calculation are acurat. Well done! Great video
Sweetness, got a name drop! Loved the video as well as your others! Keep doing a great job!!!
I believe one is crazy to buy one of these new. I also believe one is crazy NOT to buy one of these used.
I bought a 2011, base model, 82k miles for 21k. I had a small accident and paid out of pocket another 10k, due to my fault. I’m still around 30k and feel as if I’m still ahead
@@EchoRhythmMusic So affordable, for an aluminum, steel, and composite car that will last 20-30 years.
@@sandofarms it’s my first Porsche. There’s value in that, for me
@Robert Flock Not crazy in my opinion. Porsche in general has higher reliability ratings than Mercedes as of late. The Panamera is more of a competitor to the S Class so it’s definitely a step up. Throw in the sweet PDK transmission, 400 HP from a V8 and way more room and it sounds like a good trade off. Be wary of the air suspension option as it is known to have more issues than the standard setup. 37k is a good price for that Panamera right now. Mine is a 2013 P4 with 52k miles and other than a failed ignition coil it’s been 100% reliable.
@Robert Flock Yep, about to get mine done a little early just because of age, though. Also, oil changes are a breeze at home - save a few hundred bucks per change.
I bought a 2010 S for $23000 with 70k miles. Love it! And superior to the series of BMW'S that I had before
Hey Thomas, how good/bad is this car. I hear many different opinions. Most say its crazy inconvenient and that transmission is delicate and blows. Is this true?
@@mr_jaimebasurto the Panamera is equipped with a PDK transmission, one of the most reliable automatic transmissions in the market. I say automatic, but it has a manual mode with paddle shifters on the steering wheel, to change gears. Arguably, nothing is bulletproof in the world of cars. But the PDK is the transmission that most current 911's use (with the obvious manual transmission, also).. The PDK is known for its rapid shifting of gears, even excelling the manual shift transmissions. I've had mine serviced of course, and I've had no issues with it since I purchased it and well after the posting of this video.
@@thomashelm6931 PDK TRans fluid must be changed every 60k miles or they fail. a new PDK Trans is $20k
@@Andy-Andeeewho can’t change that within 60k miles 😌
Amazed to see my name mentioned - thanks so much for listening and doing the Panamera analysis,
Very good analysis! Great Job!!
Keep going! 🚀🚀
Such Underrated channel 💪🏼💪🏼
Netjes weer H! Blijf gezond en geniet van een opgeheven avondklok!
As a 4S Sport Turismo owner, I can attest to that depreciation lol. Keep it long term and it doesn't hurt the soul as much.
I got a 4S myself, its a keeper till it dies.
@@octoman_games damn bro
How much u think I can get a used one for ? When do u think it will drop to 55k ish used. I want this car soo bad
100% jealous right now!! I will have to wait a while longer to get my own 4s Sport Turismo. In the meantime I'm working on a 2016 GTS.
How bad is the maintenance cost?
Thank you for your efforts in compiling this information and sharing it with us. I have been searching for a used Panamera here in Canada and have noted similar price changes reflected in the Canadian used market.
Thanks for this video! Great value in used Panameras.
Man this video was really awesone and to be hones very unique, good job man
Amazing information, great to see how it's displayed.
Got a 2011 Turbo for £30k - just a beautiful machine, smooth as anything...then turns into an animal.
Thanks for making this informative and helpful video
Just picked up a 4S with 63k miles for 32k! greatest buy ever!
What year
@@hermanchan6260 13
*More recent market update: **czcams.com/video/EinEbb_5tUA/video.html*
*Which car would you like to see analysed next?*
Presuming not enough years to observe depreciation rate for Porsche Taycan.
@@flatsixrules It's indeed too new. Perhaps in half a year.
@@fourwheeltrader could we see a relative depreciation analysis of luxury electric vehicles? One video analyzing different Tesla models. Another could be analyzing and comparing Audi etron ev SUV versus Tesla model X versus Jaguar iPace.
4runner 5th gen
Audi RS5 please!
Brother, you are literally the only Auto CZcamsr I watch! Well done
Yes! Thanks for the Panamera video! Any thoughts on doing a fast sedan vs. wagon special? Thinking about the Panamera Sport Turismo, Jaguar XF Sportbrake, Cadillac CTS-V, Mercedes E-Class AMG. The Audi RS6 Avant might be too new in the US market.
Thanks for the idea. It's indeed difficult to find enough data for the wagons in the US.
I missed the video I never got the notification for this video until I searched for your channel
If you want the best appreciation, get a Toyota. A Porsche should be bought for the joy of driving.
Excellent video.... Thank you so much.
If you're worried about vehicle depreciation, you should probably just rent for a weekend here and there
Impressed 👍 I'm interested in the analysis for the Panamera e-hybrid compared with the Chayene e-hybrid
I just bought a really nice shape 2010 black turbo. It’s black and hides the big butt nicely. It’s loaded out with ceramics,Burmester, sport seats and more. I paid 10k less the options were. Car had over 30k in options and was 160k new. Cheers boys. Roll of the dice.
thanks great explanation and your time and expertise. What is a fair price on these model .
Very nice video! Where do you get data from for your calculations?
Would be great to see you do the Hyundai Veloster, and the Mercedes S550 two door versions 2015 on.
Thanks for your great analysis! Can you do the Porsche Cayenne, the Taycan, and the Bentley Bentayga and Continental?
Very Informative videos, i know you took a look at the Aston Vantage but I was wondering how the Aston Martin Rapide S compares against the Panamera and Vantage .
Unfortunately i do not have any data on the Rapide.
Toyota 4runner depreciation analysis please! An SUV depreciation leadership board would be interesting.
Got a 2011. I will be buried with her.
Most of the cost will be in high mileage cars especially if kitted with carbon ceramics which I have as standard. they just have to be well cared for with a good history and always serviced as listed and getting a specialist garage in high end super cars to service which is costly but cheaper than the dealer. I’ve a 2014 turbo s 970.2 with nearly 31k on it and have a bumper to bumper warranty to cover parts failure but it still needs maintained due to wear and tear. They burn oil as listed in handbook but over last thousand miles i haven’t noticed this at all. I had Porsche take the car pre purchase and got a 14 page report on it with exhaust clamp bolts corroding and a new air con condenser for passenger side and a major service needed including brake fluid change which the dealer completed. I highly recommend this it’s peace of mind before u buy a money pit.
Do you use the MSRP to figure depreciation or actual purchase prices. These typically sell for a huge discount new.
Really interesting thanks, can you do same for Bentley Continental?
Would be really be interested to learn about how Cayenne, especially GTS and Turbo trims depreciate
Better than any Yale statistic course ever.
When do you expect the big drop for the new generation? My absolute fav sedan as of now and I cannot wait for some real bargains to get soon.
I'm holding out for the 2017 4s unless I find a great deal on a 2016 GTS! 👀👀😌
Interesting analysis. Just a note on production: that whooshing sound that you use a lot is almost intolerable in my headphones. I watched most of your video with the sound off. My vote is to definitely get rid of it.
I just bought a 2018 e hybrid for half the price of brand new. So looking at your graph it looks like the 3rd year is where it lose most of the original amohnt
How much did u buy it for and from where ? I really want a used panamera e hybrid
This a great analysis. Thank you.
What do you think about the future prices of the 970 No Facelift Panamera
I picked up a 2010 turbo loaded including carbon brakes, burmester, sport seats and more in cherry shape for 20.9K.
Where I live, need to wait at least ten years for a used Panamera to be affordable. So if I want to buy a used 2018 model, I'll have to wait until 2028 to buy one. Mileage won't be an issue as owners of Panamera usually have a second or third car which means I can snag one with less than 30,000 km.
Please do the Porsche gt2 RS. I would like to know the current marker.
I have a 14 V6 with some aftermarket exhaust and thorton chip pretty peppy
Should I buy a low miles 2020 panamera or 2023 bmw m340i? I know the m340i would be the smarter choice but the panamera is very enticing
While we are on the subject of hot VW motor shooting brakes/Liftback sedans. Plan to do any data on the limited production series of the Audi RS7, RS6 etc.
Although this might be difficult on the US numbers because shooting brakes are not sought after in the US as much as they are in the EU where estate cars are far more reasonable.
Also curious which depreciates are a faster rate, would a RS6 wagon or Mercedes E63 depreciation be a good race to see which has a better bargain or which will retain as much value as possible.
I would probably need to have a look at the german market to answer this. Probably there aren't enough data points in the US market.
@@fourwheeltrader I completely agree.
Thanks you, the GTS has been on my list of consideration.
Have you done the analysis of the Cadillac CTS-V, 2016-2020
I planning on getting this used, how reliable is the 2018 version?
Can you do a video on the Dodge Viper?
The difference between 2016 and 2017 might be the warranty period? Time will tell perhaps.
Im glad I went with an RS5 instead of a Panamera, they have the same engine anyway.
Id rather buy it used and depreciated. Its still a good car am I right even its losing value?
I see a scatter plot, I hit subscribe.
Welcome to the channel :)
whats a good used super car that won't depreciate that much?
What do you think of the Panamera e hybrid used going for around 60k 2017-18 facelift. Will it depreciate a lot ?
Hey! Did u figure it out ? I was having the same exact question !
I have the same question - looking at it and that seems to be the best value. Anyone have any thoughts or current owners of the 17/18' e hybrid?
It’s bad for first owners, it’s great for us 😎😎😎😎 I can wait 3-4 years for depreciation to hit to buy my favorite Porsche
Have a question for Panamera owners since I just test drove one. After I started the car, it shakes a little bit more than other cars, is that normal? It's a 2013 Base with 76k miles.
What engine was it I’ve the turbo s 4.8l twin turbo and a little shake as it revs slightly higher on cold start and settles I’ve 31k on mine its the 970.2 version 2014 570ps
The market is crazy and beginning to change one year ago I bought a 2018 Porsche Panamera 4S sport Turismo with 56,000 miles from a Porsche dealer that was CPO I paid $63,000 with a clean Carfax that was an absolute steal these cars are still selling for $90 8500,000 depending on the mileage which has a big effect but even with the mileage this car was an absolute steal I took it to a CarMax and wholesale they would have given me what I paid. I'm ready to sell now and I'm going to look for a turbo so if anyone's looking for a good deal clean Carfax no excuses
Is it still available
@Lu Siaki I have not tried selling it yet.
It is certified Porsche CPO. 14 15 months remaining. Now has 72k on it. I did a typo ( corrected it) had 54k when I bought it. Now 72k just completed a round trip Florida to Ohio....perfect. all highway miles. Maintenance I believe all up to date. $70 k as is or 71 with new tires. It's time. Tires are about 2k on a car like this. With the exception of a few Road chips on the front the car is flawless and has a perfect Carfax no accidents no broken paint
I use high depreciation as an advantage. I usually buy a vehicle 3 years old…off s lease. So it has low miles, even though it is possibly out of warranty.
How does Panameras depreciation rate compare to other similar cars like Maserati? I'm looking at getting 2022 Turbo S or GTS and havent decided yet. Thanks
So what did you get?
@@thomasrudder9639 I went with the 22 Panamera GTS with all the suspension upgrades. Its amazing.
@@eaglethree1 nice! I’m shopping.
@@thomasrudder9639 Good luck keep us posted! Whats my best source on info to keep up on Panamera pricing?? And in your opinion is there a timeframe and milage range where its best to sell?
So wait another year to buy an early model?
Please analyze the Mercedes S class
I believe it's time to make a Ferrari FF depreciation analysis
Once out of warranty and you get a "Check Engine" light, you will find out how much of a good deal you got!
When does the warranty usually ends?
Is there a luxury 4 door car that does better in depreciation ??
Thanks to the rich guys taking the big depreciation hit very nice cars are affordable. Pretty good crumbs from the rich man's table.
Most people don't pay cash for the vehicle so they don't loose that much and it's worth more when you trade than regular cars that depreciate to nothing
Getting a 2016 4T for 43K with 56K miles on it...scared of maintenance costs
Could you do one on a Porsche Cayenne GTS coupe ?
You can find the depreciation curve for the Caynne Turbo in this video: czcams.com/video/M7JZKXO_Kj8/video.html
It might give a rought estimate of the GTS curve.
Thank you...........I watched it.............Depressing given I just bought a Cayenne GTS Coupe LOL
Pre 2017 look really dumpy. Def worth getting the later ones
Lol not worth it when it costs 20-30k more
Is there a way I can have your graph?
Not yet, but working on it.
You can’t really do this depreciation exercise with cars that are so confinable like most Porsche’s are. The original sales price can differ 30-40% down to options. The GTSs doesn’t have that many options as the GTS is a model that includes a number of options that has to be ordered with say the Turbo. Actually the 971 depreciation can be higher than shown here… and the GTS model is not the model with the highest depreciation to my knowledge.
It actually works pretty well for new cars because it's about the average depreciating. The actual number might differ between high and low spec cars. I have several videos in which i evidence that this approach gives quite a good approximation of the actual average depreciation.
Are these all asking prices - and where are you getting the data? Ie. autotrader prices much higher than Craigslist. Also, the spread between new panamera “asking price” is huge because nobody pays list price, thus the big drop year1.
So, it looks like later this year will be a good time to buy a '17 or '18 coming off lease!
Just found and purchased a 10k mile 2018 Turbo for $81,000 below sticker! Boom!
@@ChrisHensley how much?
You cannot compare 911 to Panamera, Macan, or Cayenne. These cars will always depreciate, like normal premium cars. Panamera does not depreciate more than S-class or 7 series. BTW People who buy it don't care about depreciation. Neither am I, I needed a daily driver for me and my family, I didn't want to go for one of the SUVs, so I ordered Panamera. I need the car, I buy it. If I was looking for less depreciation I would have to drive a house not a car.
Okay so I just bought a 17 turbo w 27k miles for 92k. Is that okay.
I would say yes I saw others with 22-28k miles for 90-95k
Do a Land Cruiser depreciation 😎
Work in progress :)
It’s a car to drive for as long as you can
I just bought my 2014 Panamera S V6 TT for $29,999 in great condition fully loaded minus air suspension and can't be any happier 😎😁
Thru what website? That is a steal. Nicr catch!! Is it one owner car?
New gen doesn't depreciate nearly as much as first gen. Dam it
I came to see if the Turbo S depreciation follows a different curve, but there is no Turbo S in the video :(
It is quite similar to the Taycan, have a look at the latest market update for them.
I feel like the opposite will happen. They’ll keep this car as an ICE legacy and all the Porsche guys who want an engine will buy these.
I think this is eventually true, especially the better looking new gen. The last gen wasn’t as bad as everyone makes it out to be but damn the modern one is an art piece
so after all that data your conclusion is depreciation is "high". How about recommending some specific car for the best value? "I recommend 2014 GTS" for the best value and least likely depreciate further" or spcify a range of years. You may be able to turn specific recommendations into referal income or commission on sales.
Usually, when i'm covering one specific model, i include such a recommendation at the end of my videos. Sometimes i even point out specific cars which are for sale. However, price ranges are quite large for the panamera range. This makes it difficult to give a 'universal' recommendation. In general, the older the car, the better value for money you get with the top models. Therefore, a GTS isn't a bad choice.
@@fourwheeltrader yes a reco is needed for all this work to be of value. What are your thoughts on the e hybrid vs 4s in terms of value and long term costs to maintain?
ok
You didn’t cover the difference between the body styles bro...
I explain in the video why that's not covered.
The facelift is best looking.
Jeep Gladiator
Why a comparison to types of cars that aren't its competition? How does it stack up to other cars in its class? If I can't fit the dogs into a 2+"2" let alone a 2 place and only have one parking space, the final analysis isn't relevant, nor good statistical modeling when you get down to it.
It provides a context to the numbers and with this fascilates the attachement of value judgement. The group of cars you compare it to merely determines how you should interpret the value judgement. I.e this rate is high or low relative to the cars in group xyz.
Macan
You can find the Macan analysis here: czcams.com/video/KNv8aee0H14/video.html
Unless you're planning on selling the car, none of this really matters
Poorboy, do not buy a porsche. It will make you more poor. LOL I personally love the Panamera.
I have no idea why Porsche even deviates from its true history and legacy…. The 911.
Unfortunately it will be soon out of production. The Taycan is eating it alive
You may be right but I just hate charging on road trips. My wife had a Tesla and all was fantastic except long distance travel and waiting for and finding chargers!
@@ChrisHensley I also have a Tesla, I think it depends from where you live. I don’t mind stopping every 3 hours on a long trip for a charge but I never do more than 700 km trips..
The analysis is not correct in many ways. For example the Turbo is more expensive that the GTS.
The graphs show that the GTS is priced below the Turbo. Where do you see that the Turbo would be cheaper than a GTS?
At 1:55 mins of the video. Ranking shows GTS being the most expensive which isn’t true.
@@alf213 Thanks, now i see why Mike and you are confused. The prices on the screen are correct; They are the median prices and not the new prices. Based on the new prices the Turbo is indeed more expensive.
2017+ panameras are boring. The 14-16 GTS is the one to have.
This video seems obsolete, since Panamera hold its price for months.
Lol all those money you "saved" will directly go to fixes and parts.
Who cares.. just buy one and drive it