Here’s something you may not have realized: you can pick up an early Porsche Panamera for under $25,000. Comments about the Panamera’s appearance aside, that seems like a pretty good deal to me, considering it’s a modern, high-end Porsche that’ll be surprisingly well-respected on the roads — and you can get one for about the same price as a new Camry.
This particular 2010 Panamera S is the cheapest Panamera currently listed for sale on Autotrader. It’s offered by Northern Kentucky Auto Sales in the Cincinnati area, and it’s listed for $23,995 — and while it’s traveled a surprisingly high 134,000 miles (and has a check engine light on in photos included with the advertisement), it’s still a Panamera. And not just a Panamera — a V8-powered Panamera, which had an impressive 400 horsepower and a quick dual-clutch automatic transmission.
Why, you might ask, is a V8 model the cheapest Panamera listed for sale? That’s because Porsche debuted the Panamera with a V8 for the 2010 model year, and only added the V6 for the 2011 model year — so some early, high-mileage 2010 V8 models sell for a little less than newer 2011 Panamera models with the V6.
Now, I admit that this particular Panamera isn’t exactly the best one on Autotrader, given the miles — but it’s not like this Panamera is an outlier, as many other used examples are listed for around $25,000. I still remember when the Panamera was first coming out, and when it was considered one of the hottest cars on the market — and I’m surprised that they’ve become affordable so quickly.