Porsche released pricing figures for the 2021 Panamera models with no surprising changes. From the base model Panamera up to the GTS, prices will remain the same. The base car starts at $88,550 and goes up from there.
The GTS still costs a hefty $130,650, despite its 4.0 liter twin-turbo V8’s gain of 20 hp for 2021. This year also hosts the introduction of two new Panamera models - the Turbo S and 4S E-Hybrid. The Turbo S will cost $179,050 and the 4S E-Hybrid $114,650.
Porsche has several new models planned for this year including the new rear-drive Taycan that just launched on Jan. 20, the soon-to-launch Taycan Cross Turismo, the recently launched Boxster 25, the yearly GT division cars like the GT3 and GT3 RS, and now these two new Panameras.
2021 Porsche Panamera Turbo S
Starting at $179,050, the new Panamera Turbo S replaces the previous Panamera Turbo model. The Turbo S’ 4.0 liter twin-turbocharged V8 will produce 620 hp and 604 lb-ft of torque - 70 hp more than the Turbo it replaces.
All that new power and torque propels the Turbo S from 0-60 mph in 2.9 seconds. And yes, even a $179,000 car can be optioned up. The Turbo S comes in Executive ($189,450), E-Hybrid ($187,700), and Sport Turismo ($181,700). You can also get a Turbo S E-Hybrid Sport Turismo and Turbo S E-Hybrid Executive if you please. Both start above $190,000.
Porsche has refreshed the 2021 models slightly with a new, aggressive front facia, LED strip taillights, and Apple Car Play. They even included a wireless smartphone charger and fresh wheels. Most of the Panamera lineup costs well over the prices of its German competitors.
2021 Porsche Panamera 4S E-Hybrid
All 2021 Panamera E-Hybrids get a 3.8 kWh increase in battery size from its previous versions. The new, larger battery is 17.9 kWh. With this, the E-Hybrid models will charge more efficiently from 5-80% and get slightly better range. The 2021 4S E-Hybrid uses a 2.9 liter twin-turbocharged V6. The gas engine, alongside its hybrid battery pack, can make a combined 552 hp and 553 lb-ft of torque. The 4S Hybrid will get all the amenities we mentioned earlier.
In 2020, the Panamera performed poorly in the sales department. Porsche is selling less and less of them each year. These new 2021 models are a chance at redemption for the nameplate in the fresh decade. Hopefully, affluent customers are looking for sport wagons with 600+ hp in 2021.
Max Larsen is the Porsche reporter at Torque News. Since he was 15 years old Max was building old cars and selling them for profit, spawning his love for cars. He has been around Porsches his entire life. His grandfather had several 911s and he’s owned two Porsche 944s, which made the auto-shop class cars a lot simpler. Reading old car magazines and seeing press cars at shows gave him the passion to write and pursue the industry. He is currently studying Journalism at Western Washington University and writing for the racing team there locally. Follow Max on Torque News Porsche and on Twitter at @maxlarsencars. Search Torque News Porsche for daily Porsche news coverage by our expert automotive reporters.