2023 Porsche Panamera: Specs, Prices, Ratings, and Reviews (2023)

The Panamera is offered with three general powertrains. The “S” variants receive revised tuning for more power while the “Turbo” nomenclature represents the powertrain with the highest output, as all configurations are turbocharged.

Rear-wheel drive is standard while those with a “4” designation specify an all-wheel-drive layout. The E-Hybrid is a plug-in hybrid and features a 17.9 kWh battery and a 100 kW motor. The top speed in electric-only mode is 87 miles per hour. All powertrains are mated to an eight-speed dual-clutch automated transmission.

There are three body styles for the Panamera: hatchback, extended-length hatchback (Executive), and station wagon (Sport Turismo). The Panamera is standard with four seats while the Sport Turismo can fit five, albeit very snugly.

The standard model is 198.8 inches in length and rides on a 116.1-inch wheelbase. The Executive trim adds about $11,000 to the sticker and extends the length and wheelbase by six inches and which all goes towards rear seat legroom which extends from 33 to 38 inches - more than its Mercedes-Benz and BMW competitors. The Executive trim also adds rear seat power adjustability with memory, comfort headrests, and heated front and rear seats.

The standard Panamera’s 17.6 cubic feet of cargo space behind the rear seats is large for the class and the standard split-folding seats increase that further to 52.6 cubic feet. The Sport Turismo utilizes the standard-length wheelbase platform and its wagon-esque shape offers up to 18.3 cubic feet of cargo space in the boot.

The 2023 Panamera is equipped with automatic emergency braking, adaptive cruise control, lane keep assist with traffic sign recognition, lane change assist, and parking sensors. Traffic jam assist with lane centering, a surround-view camera, a head-up display, and upgraded headlights through the Assistance Package. The Turbo S additionally offers night vision.

The Panamera has not been rated by IIHS or NHTSA.

The Panamera features a crisp landscape 12.3-inch touchscreen with Apple CarPlay, Android Auto, SiriusXM, HD Radio, and navigation. A Wi-Fi hotspot and remote services are also included. Charging is handled by four USB charging ports, a 12-volt outlet, and a 240-volt outlet located in the center console.

The Premium Package upgrades the standard 10-speaker sound system to a Bose unit with 14 speakers and 710 watts while a Burmester system packs 21 speakers and a total of 1,455 watts for $7,530. There are no fewer than 24 different Panamera configurations offered with five primary trim levels. Not all trims are available in all body styles or powertrains.

The base trim is equipped with adaptive dampers, staggered 19-inch wheels, a panoramic sunroof, black window surround, black fender vents, a power tailgate, an active rear spoiler, dual tailpipes, LED headlights with signature four-point LED daytime running lights, LED tail lights, rain-sensing wipers power-folding auto-dimming heated mirrors, stepless door hinges, push-button start, dual-zone climate control, a gauge cluster featuring a centered analog tachometer and two flanking digital displays, a leather-wrapped steering wheel with paddle shifters, and high-gloss black interior trim.

There are two packages available that capture many of the most desirable features. For $8,020, the Premium Package adds adaptive air suspension, dynamic headlights, soft-close doors, four-zone climate control, 14-way power seats with ventilation in the front row and heating in the rear, the Bose sound system, and ambient lighting. The second package is the Assistance Package for $2,750.

Porsche offers an exhaustive list of individual options too. Among the most noteworthy are leather seats ($3,790), 18-way sport seats ($3,100), eight-way power rear seats for $2,020 (which also require a rear sunblind for $490), and massage seats for $2,040. The chassis also offers upgraded equipment such as the Sport Chrono Package which brings sportier driving modes for $2,290, rear-axle steering ($1,650), and Porsche Carbon Ceramic Brakes that cost $8,970.

The base level of the Panamera 4 adds all-wheel drive and has a base price of $98,450 while the 4 Sport Turismo starts at $104,650. The 4 E-Hybrid ($110,450) also includes green brake calipers, the Sport Chrono Package, and adaptive air suspension as standard.

The Platinum Edition includes the features of the base trims’ Premium Package and adds 21-inch wheels with a platinum finish, gloss black exterior trim and emblems, black sport exhaust outlets, and black tail lights. Inside, there is the upgraded steering system with a GT steering wheel, 14-way power adjustable seats, heated rear seats, brushed black aluminum trim, and an analog clock on top of the center of the dash. The Sport Turismo is not available in this trim.

The similarly equipped 4 Platinum is $111,950 and 4 E-Hybrid Platinum, which builds off of the standard E-Hybrid, is $121,450.

The top-of-the-line trim adds Porsche’s carbon ceramic brake system with yellow painted brake calipers, an automatic brake-actuated rear differential, rear axle steering, twin brushed stainless steel exhaust tips, leather seats, and the Bose sound system. The Turbo S Sport Turismo is $191,850 while the Turbo S E-Hybrid sedan and wagon push starting prices to $197,850 and $201,850, respectively.

Compare Panamera Trims Side-By-Side