911 v Panamera Used Values
Discussion
Now don't shoot me down. I know as well as anyone that 911s generally hold their value well but this shocked even me.
Just been scanning the PH Auctions and was somewhat shocked to see the difference in depreciation between these two:
2015 Carrera GTS - £76,290
2014 (late) Panamera GTS - £22,500
Even allowing for lower miles on the 911 it's still fetching three times the money - list price for the Panamera in 2014 was £93,391. List for the Carrera GTS in 2015 was £99,602 so from a starting point fairly comparable.
Just been scanning the PH Auctions and was somewhat shocked to see the difference in depreciation between these two:
2015 Carrera GTS - £76,290
2014 (late) Panamera GTS - £22,500
Even allowing for lower miles on the 911 it's still fetching three times the money - list price for the Panamera in 2014 was £93,391. List for the Carrera GTS in 2015 was £99,602 so from a starting point fairly comparable.
Ocho said:
Now don't shoot me down. I know as well as anyone that 911s generally hold their value well but this shocked even me.
Just been scanning the PH Auctions and was somewhat shocked to see the difference in depreciation between these two:
2015 Carrera GTS - £76,290
2014 (late) Panamera GTS - £22,500
Even allowing for lower miles on the 911 it's still fetching three times the money - list price for the Panamera in 2014 was £93,391. List for the Carrera GTS in 2015 was £99,602 so from a starting point fairly comparable.
It is a 911.....need I say more?Just been scanning the PH Auctions and was somewhat shocked to see the difference in depreciation between these two:
2015 Carrera GTS - £76,290
2014 (late) Panamera GTS - £22,500
Even allowing for lower miles on the 911 it's still fetching three times the money - list price for the Panamera in 2014 was £93,391. List for the Carrera GTS in 2015 was £99,602 so from a starting point fairly comparable.
Just can’t imagine there’s much of an enthusiast market for Panameras, whereas obviously there’s a huge enthusiast market for 911s.
Look at a similar car like an A8 or an S Class. 2014 S Class will have depreciated like a stone too. Just ain’t a big market for used executive cars. Panamera doesn’t even have 5 seats, so is less practical than the S Class etc.
Look at a similar car like an A8 or an S Class. 2014 S Class will have depreciated like a stone too. Just ain’t a big market for used executive cars. Panamera doesn’t even have 5 seats, so is less practical than the S Class etc.
I keep an eye on the Panamera market as a potential replacement for my RS6. Fact is they're a bit of a forgotten model to Porsche, big overlap to the Taycan
and thats the one being pushed. They apparently only sold a few hundred Sport Turismos before they canned them. Not enough people want them.
and thats the one being pushed. They apparently only sold a few hundred Sport Turismos before they canned them. Not enough people want them.
Stephen-733s2 said:
Genuinely doubt you’ll find a 2014 45k miles 991.1 GTS for 50k.
Agree. You could be lucky and find one for £60k at the bottom of the market.
A Panamera is perceived as an S Class or similar, with similar level of depreciation.
Same as a Cayenne.
The 911 is the outlier. Only G wagens have better residuals
Interesting thread, particularly that I’m now the owner of that Panamera GTS.
Agree that the used 911 premium over the Panamera is much down to the enthusiast market. 911 is a clear choice for a weekend fun car you’d put 3k a year on, you’d probably not go to a 4 door two tonne car to blat down to the coast on Sunday morning for a bacon roll.
Also fair to say that Panamera alternatives are S or AMG e class or 7/ M5s. Big, tech laden cars with the potential for hefty bills. Makes a nice place to be in a daily but the running costs might be chunky. Residuals on all those cars aren’t in the same league as a 911.
The GTS is working out nicely so far though, fingers crossed
Agree that the used 911 premium over the Panamera is much down to the enthusiast market. 911 is a clear choice for a weekend fun car you’d put 3k a year on, you’d probably not go to a 4 door two tonne car to blat down to the coast on Sunday morning for a bacon roll.
Also fair to say that Panamera alternatives are S or AMG e class or 7/ M5s. Big, tech laden cars with the potential for hefty bills. Makes a nice place to be in a daily but the running costs might be chunky. Residuals on all those cars aren’t in the same league as a 911.
The GTS is working out nicely so far though, fingers crossed
Edited by Subaqua99 on Friday 18th April 10:39
Subaqua99 said:
Interesting thread, particularly that I’m now the owner of that Panamera GTS.
Agree that the used 911 premium over the Panamera is much down to the enthusiast market. 911 is a clear choice for a weekend fun car you’d put 3k a year on, you’d probably not go to a 4 door two tonne car to blat down to the coast on Sunday morning for a bacon roll.
Also fair to say that Panamera alternatives are S or AMG e class or 7/ M5s. Big, tech laden cars with the potential for hefty bills. Makes a nice place to be in a daily but the running costs might be chunky. Residuals on all those cars aren’t in the same league as a 911.
The GTS is working out nicely so far though, fingers crossed
Nice - congrats on the purchase. Hope it works out for you - it's a lot of car for the money.Agree that the used 911 premium over the Panamera is much down to the enthusiast market. 911 is a clear choice for a weekend fun car you’d put 3k a year on, you’d probably not go to a 4 door two tonne car to blat down to the coast on Sunday morning for a bacon roll.
Also fair to say that Panamera alternatives are S or AMG e class or 7/ M5s. Big, tech laden cars with the potential for hefty bills. Makes a nice place to be in a daily but the running costs might be chunky. Residuals on all those cars aren’t in the same league as a 911.
The GTS is working out nicely so far though, fingers crossed
Edited by Subaqua99 on Friday 18th April 10:39
I don't think anyone on here isn't aware of the depreciation on big executive/fast saloons, especially against something like 911 that has such a strong following, but it was the stark difference that jumped out at me.
CLK-GTR said:
I keep an eye on the Panamera market as a potential replacement for my RS6. Fact is they're a bit of a forgotten model to Porsche, big overlap to the Taycan
and thats the one being pushed. They apparently only sold a few hundred Sport Turismos before they canned them. Not enough people want them.
I watch Panamera Sport Turismo prices all the time, was all ready to grab one when one came in with the right spec and a price I could afford, just recently a rather nice looking one came up for £44.5k (although not sold in weeks and now £47k for some reason?) so we went and tried one. and thats the one being pushed. They apparently only sold a few hundred Sport Turismos before they canned them. Not enough people want them.
My wife sort of hit the nail on the head when she said, it is massive, bigger than the 7 series (not sure if it is or not, but the 7 series biggest issue was when it came to the size of parking spaces and many multi stories) but the interior almost feels smaller than the 5 Series she currently has.
It was nice to drive, but even she said that she would prefer a 540i Touring and certainly wouldn't pay £20,000 more for it. You know what? I think she's right.
Ed.Neumann said:
I watch Panamera Sport Turismo prices all the time, was all ready to grab one when one came in with the right spec and a price I could afford, just recently a rather nice looking one came up for £44.5k (although not sold in weeks and now £47k for some reason?) so we went and tried one.
My wife sort of hit the nail on the head when she said, it is massive, bigger than the 7 series (not sure if it is or not, but the 7 series biggest issue was when it came to the size of parking spaces and many multi stories) but the interior almost feels smaller than the 5 Series she currently has.
It was nice to drive, but even she said that she would prefer a 540i Touring and certainly wouldn't pay £20,000 more for it. You know what? I think she's right.
Yeah that's the other thing, all Porsches have the feeling of being a lot smaller inside than they look. The lack of rear and boot space was the main reason I went for the Audi in the first place.My wife sort of hit the nail on the head when she said, it is massive, bigger than the 7 series (not sure if it is or not, but the 7 series biggest issue was when it came to the size of parking spaces and many multi stories) but the interior almost feels smaller than the 5 Series she currently has.
It was nice to drive, but even she said that she would prefer a 540i Touring and certainly wouldn't pay £20,000 more for it. You know what? I think she's right.
Well, they are completely different cars with different profiles & use cases IMO.
Had a Panamera 4S on loan from OPC for a month. Worked out with all the options it was a £90k car & was really looking forward to it given the Panamera was always the car I thought I'd get if I needed a 4/5 seater daily but was MASSIVELY underwhelmed. Quickly felt I'd just get a £60k BMW and probably have a lot more fun.
Had a Panamera 4S on loan from OPC for a month. Worked out with all the options it was a £90k car & was really looking forward to it given the Panamera was always the car I thought I'd get if I needed a 4/5 seater daily but was MASSIVELY underwhelmed. Quickly felt I'd just get a £60k BMW and probably have a lot more fun.
CLK-GTR said:
I keep an eye on the Panamera market as a potential replacement for my RS6. Fact is they're a bit of a forgotten model to Porsche, big overlap to the Taycan
and thats the one being pushed. They apparently only sold a few hundred Sport Turismos before they canned them. Not enough people want them.
was really surprised by that - I thought the Sport Tourismo was by far the best looking 4-door estate car for sale. I did not need one, but if I had needed 4 doors, I would have gotten one of those over the competition. Given it is a Porsche, I would assume that they drive quite well for what they are as well. and thats the one being pushed. They apparently only sold a few hundred Sport Turismos before they canned them. Not enough people want them.
It drove well enough, but in all honesty, it felt more like a Cayenne, albeit seriously lowered, than a larger more GT 911.
I think I knew they were big, what I didn't realise was just how big, my last Range Rover was the L302 TDV8 and the Panamera is bigger than that. I only know that as I joked it was bigger than the old Range Rover and then checked and it is.
I still like them, quite a lot. But think it is the one car I would have as the saloon/hatch rather than the Sports Turismo and I always prefer estates normally. It just feels more right in that shape for some reason. Also, there is only 5% more boot space in the estate, and it is a hatch, so you can put you dogs in the rear anyway.
Plus the prices are better, some nice 2017 models now from around £35k with 50k miles or so. Where as the Sport Turismo is still £50k for the same.
At £35k it is a different ball game. You are then £5k, maybe £10k more than a 540i touring, it starts to appeal far more. £50k I would probably finance half, at £35k I would just buy it, not care about miles or depreciation, it changes my mindset. Maybe I'm just weird? Haha
I think I knew they were big, what I didn't realise was just how big, my last Range Rover was the L302 TDV8 and the Panamera is bigger than that. I only know that as I joked it was bigger than the old Range Rover and then checked and it is.
I still like them, quite a lot. But think it is the one car I would have as the saloon/hatch rather than the Sports Turismo and I always prefer estates normally. It just feels more right in that shape for some reason. Also, there is only 5% more boot space in the estate, and it is a hatch, so you can put you dogs in the rear anyway.
Plus the prices are better, some nice 2017 models now from around £35k with 50k miles or so. Where as the Sport Turismo is still £50k for the same.
At £35k it is a different ball game. You are then £5k, maybe £10k more than a 540i touring, it starts to appeal far more. £50k I would probably finance half, at £35k I would just buy it, not care about miles or depreciation, it changes my mindset. Maybe I'm just weird? Haha
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