This 690 HP Porsche depreciated in value enough to almost afford a brand new Porsche after only 1,800 miles | Carscoops

This 690 HP Porsche depreciated in value enough to almost afford a brand new Porsche after only 1,800 miles | Carscoops

      Besides being faster than a BMW M5, this Panamera is expected to be more dependable.

      7 hours ago

      by Brad Anderson

      The Porsche Panamera Turbo S E-Hybrid is equipped with carbon-ceramic brakes and boasts a hybrid V8 engine generating 690 hp.

      The sale price seems like a deal in comparison to the $239,000 MSRP of the current model.

      This low-mileage vehicle has only been driven for 1,800 miles since its initial delivery.

      The luxury performance sedan segment is saturated with compelling options, yet few can match the Porsche Panamera Turbo S E-Hybrid in terms of sheer speed, refined luxury, and practicality. However, this combination of performance and prestige hasn't protected this model from a significant depreciation in value after just 1,800 miles (approximately 2,900 km).

      Read: Turbo S E-Hybrid Is The Fastest Porsche Panamera Ever

      This 2023 Panamera Turbo S E-Hybrid, located in Windham, New Hampshire, was initially priced at $197,850. While that's a substantial amount, it is considerably less than the upcoming 2026 model, which starts at a staggering $239,000. The sports sedan was recently auctioned on Cars & Bids, selling for only $125,500 after 61 bids.

      In other words, the car lost over $70,000 in value, equating to about $40 for every mile driven. That's nearly enough to purchase a brand-new Porsche Boxster, which starts at $77,600!

      Power at a significant discount

      This situation is unfortunate for the seller but advantageous for the buyer. Those looking for a brand-new Panamera can only find the base models, Panamera 4 and Panamera 4 E-Hybrid, priced below $125,000. The most powerful variant of that group, the 4 E-Hybrid, is rated at 463 hp. In contrast, the Turbo S E-Hybrid sold here features a 4.0-liter twin-turbo V8 plug-in hybrid engine producing 690 hp and 641 lb-ft (869 Nm).

      This vehicle comes with Porsche Ceramic Composite Brakes, 21-inch Turbo Design II wheels, Acid Green brake calipers, and a robust Bose audio system. Additionally, it includes dual sunroofs, leather seating, heated front and rear seats, and adaptive cruise control.

      Discrete performance, impressive capability

      When compared to rivals like the BMW M5, Mercedes-AMG E 63, and Audi RS6, the Panamera Turbo S E-Hybrid is relatively subtle, making it an excellent luxury sleeper. This car can accelerate to 62 mph (100 km/h) in just 2.9 seconds, all while providing exceptional comfort. Furthermore, Porsches are generally much more reliable than vehicles from other German manufacturers, making the Panamera a top choice for those seeking a high-performance sedan.

This 690 HP Porsche depreciated in value enough to almost afford a brand new Porsche after only 1,800 miles | Carscoops

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This 690 HP Porsche depreciated in value enough to almost afford a brand new Porsche after only 1,800 miles | Carscoops

Besides being faster than a BMW M5, this Panamera is expected to be more dependable as well.