An exercise in depreciation, Panamera Sport Turismo Edition

"Yowen - not necessarily not spaghetti and meatballs" (yowen)
03/08/2017 at 13:13 • Filed to: panamera, sport, turismo, porsche, depreciation

What do you reckon a $95,000 Panamera Sport Turismo will depreciate to in 5 and in 10 years?

I found a ‘13 Platinum AWD in my area for $49,000 with 44k miles on it.

Widening my search I can get down to

$34k/70K/Panamera S (2010)

$36k/52K/Panamera 4 (2011)

Provided I stay under 100k miles, I’d really like to be at 50k or less.

Anyway, those new were around $95k, fair? They depreciated 63% on average between the two (WOW). There were many more examples available at that price point.

So if 7 years from now I want a Sport Turismo, I can expect to pay just a touch more than that + inflation, right? right? Is it a bad decision? I see a bunch of them going past 100k miles, so they are fairly reliable?

DISCUSSION (15)

CB > Yowen - not necessarily not spaghetti and meatballs
03/08/2017 at 13:15

I doubt there’ll be much depreciation because I don’t think they’ll sell that many of them.

dtg11 - is probably on an adventure with Clifford > Yowen - not necessarily not spaghetti and meatballs
03/08/2017 at 13:16

I’d say tree-fiddy

Smallbear wants a modern Syclone, local Maple Leafs spammer > Yowen - not necessarily not spaghetti and meatballs
03/08/2017 at 13:20

5: a few dollars.

10: dollars.

30: ALL THE DOLLARS

Yowen - not necessarily not spaghetti and meatballs > CB
03/08/2017 at 13:26

Entirely possible/likely, I’m holding onto hope that it’ll sell well and have decent depreciation somewhat close to the sedan.

Yowen - not necessarily not spaghetti and meatballs > Smallbear wants a modern Syclone, local Maple Leafs spammer
03/08/2017 at 13:27

What is this thing? A Wrangler? 5, same price, 10 almost the same price, 30 modified all to hell, same price + 10k.

Neil drives a beetle and a fancy beetle > Yowen - not necessarily not spaghetti and meatballs
03/08/2017 at 13:36

Far less than the current panamera. The last gen of the panamera is pretty unloved but people buy it because in performance and function it is good. I think the next gen panamera, and particularly the wagon; they are going to be more sought after because they look better. Not to mention, the wagons are probably going to be rare.

Even just using TSX wagons or CTS wagons as an example; they are typically listed on the high end of the range compared to their sedan counterparts.

Tapas > Yowen - not necessarily not spaghetti and meatballs
03/08/2017 at 13:46

They’ll be worth 1 bitcoin.

Yowen - not necessarily not spaghetti and meatballs > Neil drives a beetle and a fancy beetle
03/08/2017 at 13:54

Hmm, all good points. Hadn’t considered this generation being significantly better than the previous, as previously I didn’t care about the panamera, haha.

Yowen - not necessarily not spaghetti and meatballs > Tapas
03/08/2017 at 13:55

Well that’s a loaded answer.

Neil drives a beetle and a fancy beetle > Yowen - not necessarily not spaghetti and meatballs
03/08/2017 at 14:03

I think a good way to equate this would be 996.1 vs. 997. The two models aren’t that vastly different but the 996 had growing pains and people despised the headlights so it just hasn’t been able to level off the depreciation.

I’m not positive but I’d guess that the 997 is depreciating far less quickly than the 996 did at a comparable age.

Vicente Esteve > Yowen - not necessarily not spaghetti and meatballs
03/08/2017 at 14:18

Early Panameras in Mexico are listed for about $40k, these are base models though and pretty rare.

My guess is in 5 years they will be work 55-60k if they had an MSRP of 95.

Saracen > Neil drives a beetle and a fancy beetle
03/08/2017 at 14:22

Oh yeah. Much less quickly. Some think the 997 has bottomed out.

Saracen > Yowen - not necessarily not spaghetti and meatballs
03/08/2017 at 14:24

I’ll be keeping a close eye on their depreciation, that’s for sure.

Yowen - not necessarily not spaghetti and meatballs > Neil drives a beetle and a fancy beetle
03/08/2017 at 14:30

ah okay, thanks for the Porsche lesson!

Yowen - not necessarily not spaghetti and meatballs > Saracen
03/08/2017 at 14:33

Same here, it may be a pipe-dream for me. But you never know! Otherwise I am totally content with cars in a lower price range, haha.