Real price data
What should you pay for a 2016 Porsche Panamera?
Original MSRP
$84,300
When new
Fair market price
$20,315
Mileage-adjusted
Below MSRP
$63,985
A fair used price
Where prices land
25th $22,113 · 75th $29,900 · MSRP $84,300
Spread of current 2016 Porsche Panamera listings · 25th–75th percentile marked.
Negotiating leverage
83
out of 100
strong leverage
~75 days of national supply — strong leverage to negotiate.
Ridekick's negotiating-leverage score blends national Market Day Supply with how far listings sit above the mileage-adjusted fair price. Higher means more room to negotiate.
Market demand & negotiating leverage
75days of supply
Buyer's marketInventory is moving slowly, so buyers typically have more room to negotiate on a 2016 Porsche Panamera.
National Market Day Supply — how long it would take to sell the current used 2016 Porsche Panamera inventory at the recent sales rate (lower means it sells faster). Source: MarketCheck.
Estimated dealer cost (invoice)
$77,556–$80,928
Estimated dealer invoice — about $84,300 MSRP minus a typical 4–8% manufacturer margin.
An estimate, not a sourced figure. Actual dealer invoice varies with manufacturer incentives, holdback, and regional pricing.
Fair price by trim
| Trim | Fair price | MSRP | Est. dealer cost |
|---|---|---|---|
| Base | $19,031 | $84,300 | $77,556–$80,928 |
| S E-Hybrid | $22,489 | $93,200 | $85,744–$89,472 |
| S | $24,883 | $98,300 | $90,436–$94,368 |
| GTS | $28,291 | $113,400 | $104,328–$108,864 |
| turbo | — | $141,300 | $129,996–$135,648 |
- Base
- $19,031
- S E-Hybrid
- $22,489
- S
- $24,883
- GTS
- $28,291
Fuel economy
18
MPG city
28
MPG highway
22
MPG combined
EPA-estimated fuel economy for a representative 2016 Porsche Panamera configuration (Premium).
Safety & recalls
4 open NHTSA recalls on record for the 2016 Porsche Panamera.
POWER TRAIN:AUTOMATIC TRANSMISSION:GEAR POSITION INDICATION (PRNDL)
Porsche Cars North America, Inc. (Porsche) is recalling certain 2003-2006 Cayenne S, Cayenne Turbo, 2004-2010 Cayenne, 2006 Cayenne Turbo S, 2010-2016 Panamera S, Panamera 4 S, Panamera Turbo, 2011-2016 Panamera, Panamera 4, 2012-2013 Panamera Turbo S, 2013-2016 Panamera 4 GTS, 2014-2016 Panamera 4 S Executive, Panamera Turbo Executive, Panamera Turbo S G1 II, Panamera Turbo S Executive, 2013 Panamera 4 Platinum Edition, Panamera Platinum Edition, 2016 Panamera 4 Edition, Panamera Edition, Panamera Turbo S Executive Luxury Sports vehicles. The bushing that attaches the gear selector lever to the gearbox may degrade over time, causing the bushing to detach. This condition could allow the driver to move the shift lever to Park and remove the ignition key, while the transmission may not be in Park, with no warning message or audible chime.
Remedy: Porsche will notify owners, and dealers will replace the shifter cable bushing, free of charge. Owners are instructed to use the parking brake until their vehicle is repaired. The recall began August 9, 2019. Owners may contact Porsche customer service at 1-800-767-7243. Porsche's number for this recall is AKB1.
Campaign 19V446000 · 12/06/2019
AIR BAGS: AIR BAG/RESTRAINT CONTROL MODULE
Porsche Cars North America, Inc. (Porsche) is recalling certain 2016-2017 911 and Boxster, 2016 Cayman and Panamera vehicles. The air bag Electronic Control Unit (ECU) may have a defective power supply capacitor that can result in air bag deactivation or inadvertent deployment of the air bags.
Remedy: Porsche will notify owners, and dealers will install new software and replace the air bag ECU as necessary, free of charge. Interim notices informing owners of the safety risk were mailed September 13, 2019. Owners received a second notice and the recall began February 12, 2020. Owners may contact Porsche customer service at 1-800-767-7243. Porsche's number for this recall is AKB4.
Campaign 19V533000 · 17/07/2019
ELECTRICAL SYSTEM
Porsche Cars North America, Inc. (Porsche) is recalling certain 2010-2016 Panamera 4S and Panamera S, 2011-2016 Panamera, Panamera 4 and Panamera Turbo, 2012-2016 Panamera Turbo S and Panamera S E-Hybrid, 2013-2016 Panamera GTS, 2013 Panamera Platinum Edition and Panamera 4 Platinum Edition, 2014-2016 Panamera 4S Executive, Panamera Turbo Executive and Panamera Turbo S Executive, 2015 Panamera Diesel and 2016 Panamera 4 Edition, Panamera Edition and Panamera Turbo S Exclusive Series vehicles. Water may enter the A/C blower control unit, causing an electrical short circuit.
Remedy: Porsche will notify owners, and dealers will inspect the blower control unit, replacing it as necessary, free of charge. The recall began February 10, 2020. Owners may contact Porsche customer service at 1-800-767-7243. Porsche's number for this recall is AKA7. Note: Porsche recommends that owners park their vehicle outdoors until the recall remedy has been performed.
Campaign 19V322000 · 24/04/2019
EXTERIOR LIGHTING:HEADLIGHTS
Porsche Cars North America, Inc. (Porsche) is recalling certain 2003-2020 Porsche Macan, Cayenne, Panamera, and Cayman S, 2001-2004 Boxster, Boxster S, 2004 Boxster 50 JAHRE SPYDER 550 vehicles. Please see the recall report for a complete list of all affected models and model years. The caps that cover the low-beam headlight horizontal adjustment screws are missing, which can allow the headlights to be improperly adjusted. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 108, "Lamps, Reflective Devices, and Associated Equipment."
Remedy: Dealers will inspect the headlights for sealing caps and install missing caps as necessary, free of charge. Owner notification letters were mailed October 28, 2022. Owners may contact Porsche's customer service at 1-800-767-7243. Porsche's number for this recall is ANB4.
Campaign 22V656000 · 30/08/2022
Source: NHTSA. Contact your dealer to schedule a free recall repair.
Frequently asked questions
What is a fair price for a 2016 Porsche Panamera?
A fair, mileage-adjusted price is about $20,315, within a typical market range of $22,113 to $29,900.
Is the 2016 Porsche Panamera cheaper than MSRP?
Yes — its original MSRP was about $84,300, so a fair used price is roughly $63,985 below MSRP.
Is now a good time to buy a 2016 Porsche Panamera?
There are about 75 days of national market supply for the 2016 Porsche Panamera — Inventory is moving slowly, so buyers typically have more room to negotiate on a 2016 Porsche Panamera.
How much can you negotiate on a 2016 Porsche Panamera?
Negotiating leverage rates 83/100 (strong). ~75 days of national supply — strong leverage to negotiate.
What does the dealer pay for a 2016 Porsche Panamera?
The estimated dealer cost (invoice) is roughly $77,556–$80,928 — its $84,300 MSRP minus a typical 4–8% margin. An estimate; actual invoice varies.
Keep researching
Check your car's real price
See the real, all-in out-the-door price on any car you're considering — in writing, free. You stay in control the whole way.
Prices are computed from live market listings, adjusted for mileage, and aggregated by trim · updated 6/24/2026. Estimates only; your price depends on condition, options, and location.