I currently have a 2014 Range Rover Sport and my local dealer has a used 2014 carmine red panamera 4 on sale for a very good price. The previous owner only had it for about 3 to 5 weeks before selling it again. He/she sold it back to the dealer because they forgot to put satellite radio on it. The panamera itself is lightly spec with about 15 to 18k worth of options. Currently the car only has 2400 miles, with 1300 miles from the previous owner and 1100 miles with the dealer as a demo car (not sure what that means). My question is whether or not it is worth changing? Living in the northeast means that I drive on a lot of snowy roads and I am wondering whether it can handle that much snow since it will be my daily driver.

Will resale be bad since I will be the second owner? Or should I just wait for the new generation Panamera which has been in spy photos and is anticipated to come in 2016 as a 2017 model?

Your input is greatly appreciated, Thank You!

 

Is it worth changing? Financially it will be a draw since the depreciation you incur in selling the Rover washes off against the depreciation the owner of p4 is paying you for driving 2400 miles.

Do you like the panamera 4 more than the Rover? If so switch.

Can it handle the snow? Depends. Every car has a limit beyond which it cannot handle the snow. It can be a fwd, rwd, awd... does not matter. So mild snow is not a problem. If you are goofing around in heavy snow laden roads, trust you will have winter tires. If not, get a good bottle of scotch and garage your car.

Question on resale - Its such a tricky question. We do not know when the new one is going to be released, at least its not public knowledge. So to say your car will lose value at a rapid rate or not, its very hard to talk about an event in the future. So how much? Don't know. We can all guess and I do not think we will be able to get a consensus. The only consensus you will get is you will definitely lose value on the P4. .

Also, most of us here love their cars and do not think about resale when they are driving it

Keep us posted on your decision making process. Good luck absolution.

 

keep your rover..

or change to an AWD panamera 4s or turbo if you feel the need to trade (since u will have to face snow)

 

Thanks for the insight! The reason why I am even thinking about it is because first I love the new facelift Panamera look. Second this P4 is equipped with the sport exhaust which changes the noise of the car night and day! something I certainly don't have in my supercharged range rover sport.

You are absolutely right about depreciation as a draw! the P4 MSRP price when new is 104K. Dealer is selling for only 78K before taxes, depreciation wise I don't think I will be loosing much more because my dealer is selling it at a very low price, close to 20K off for a practically almost brand new car.

I am just worried that I will be making a stupid decision for trading in my perfectly fine Range Rover for this P4.

I have to say that whoever specced the car did a half terrible and good job. It has base audio (non Bose), no rear wiper, no heated steering wheel, instead he/she spent it on 5k worth of rims (20 inch), carmine red paint for 3k, sports chrono package and sport exhaust system (both I like but not something you would spec before getting the usual dealer specced options such as premium package, bose, etc). Below are the options:

Options & Packages
OEM CodeDescriptionMSRP
WHEELS
XRYWHEELS: 9.5J X 20" FR & 11.5J X 20" RR (XRY) $5,325.00
Multi-spoke sport wheels colored in Black w/border in GT Silver Metallic
including wheel center cap w/full-color Porsche crest

TIRES
234TIRES: P255/40R20 FR & P295/35R20 RR AS $470.00
High-efficiency w/optimized rolling resistance

PRIMARY PAINT
0LCARMINE RED $0.00

ADDITIONAL EQUIPMENT
806EXTERIOR PACKAGE IN BLACK $390.00
High-Gloss Black finish on side window surrounds
insert in tailgate
door handle inlays (only in conjunction w/Porsche Entry & Drive) and headlight cleaning system covers

498DELETION OF MODEL DESIGNATION ON THE REAR $0.00
Deletion of model designation on rear of vehicle

541FRONT SEAT VENTILATION $840.00
seat squabs and backrests in the front featuring 3-stage ventilation and separate controls for left and right

840SPORTDESIGN STEERING WHEEL $0.00
For manual gear changes
shift paddles behind the steering wheel spokes

640SPORT CHRONO PACKAGE $1,330.00
analogue and digital stop clock
SPORT PLUS button for even sportier tuning of the engine and chassis (only in conjunction w/PASM)
performance display in the PCM
In conjunction w/PCM
also includes Launch Control and a motorsport derived gearshift strategy in automatic mode

638FRONT & REAR PARKASSIST W/REVERSING CAMERA $655.00
a color camera image w/superimposed dynamic guidelines on the Porsche Communication Management (PCM) screen to facilitate controlled and precise reverse parking and manoeuvring

457LANE CHANGE ASSIST (LCA) $850.00
Assists the driver at lane changing
Lane Change Assist continuously monitors the area behind and beside the vehicle and informs the driver by a visual signal in exterior mirror if another vehicle is detected in the neighbouring lane
Activation via button in driver's door


After looking at the specs, do you think its a decent car to consider? I am currently hooked by the sport exhaust which for some reason is not listed on the options list but is there (I test drove it and used the sport exhaust button)

 

I think you can do better. You are half convinced this is the car for you. So don't buy half a car. You will regret it. Keep looking. You will find the one that is right for you. Exhaust can be added.

Some of the key things folks look for as Options are
Sports chrono package
Burmeister audio
Sports exhaust possibly
Backup camera
Personal preference is pccb
Cpo for sure
Jury is out on the value of the lca but I really liked it in my Audi.
I am sure others can help here.

The above are good for resale. So research the options that you like and consider the ones above when you are looking for another p4 or p4s. you may also research getting an oem exhaust. A bunch of vendors are providing services. I personally would be careful while modding too much to avoid any issues w cpo. Also work w a porsche dealers since they are the ones that can give you a cpo cert. above all these cars are by and large rock solid.

Also if I were you: for the kind of money you are looking at spending I would look for a p4s and for another 20k you could be closer to a turbo. Just another consideration.

 

I live in PA as well (and I have had a few Range Rovers) and though this has been a mild winter compared to last year though last night my desire for good sashimi had me out on the road in my SUV (I now have a 2014 Jeep GC summit the best SUV I have ever owned) and cars (including AWD ones) were stuck everywhere. The roads were unplowed and the Jeep went through like it was riding on dry pavement. I would not rely on any Panamera to deal with heavy snow. I am sure someone makes an exhaust for the RR probably even one that you can open and close the flaps remotely. In my opinion (and this come from someone who has made a lot of stupid car buying decisions) you should keep what you have.

 

Dont do it. At least not yet. Wait until winter passes. I would keep the supercharged rover anyway since p4 is only v6.

 

The AWD in any of the panameras was designed to improve performance, not to drive in snow. The range rover was designed to be an off road beast, with few limitations off road or in the snow. The panamera will not perform well at all in heavy snow.

As far as depreciation.. I have found these cars take a big hit the first 2 years, and then a gradual one each year after. I just bought a 2012 turbo S CPO'd with 15 k miles 2 weeks ago for 57% of the original MSRP and it is in pristine condition.

Yes, when the new body style comes out, there will be some depreciation of the older models, but this only comes into consideration if you plan on getting rid of it soon.

I agree with the other post, that you should take your time, and get what you want, and not jump on a deal because it appears good. It is probably that good because they are having a hard time selling it.

As far as LCA (lane change assist), i love it, and could not imagine the car without it. It helps so much as it tells you if someone is in your blind spot and works great!

 

This car depreciates a lot and fast. Not sure how it compares in that area to the Rover. If you do buy an used one make sure you get the CPO. There is a lot of issues with this car and it will cost you quite a bit to fix them.

I have P4 with all-season tires and it performs well in snow. In fact it feels very planted. No issues driving in 3-4 inch of snow on highways and local roads but, haven't done more than that. However it cannot compare to a RR given the underside clearance in heavy snow or if you happen to get stuck in a snow pile. It is not an apples to apples comparison with an SUV. Just did a New Hampshire - Boston - NY last week and drove thru snowing uncleared interstate at 60-70 mph and it wasn't scary at all. Sitting inside the car you don't feel its enormity and that makes visibility to the sides an issue. The teardrop side mirrors don't help as well. I'd get the LCA and blind spot monitor if you can afford it. I have the circular concave mirror attached to my side mirrors and it helps a lot. I know that may look ridiculous on a Porsche but it has saved my sides quite a few times.

 

I feel your pain, I was sliding around in my car all the time but then again I am now 22's all season! If I were to move somewhere where there is less snow I think the panamera would have been a clear choice.

 

I forgot to explain that my rover only have a supercharged v6. It is a slouch compared to the p4. The dealer said that he cant take anymore price off because they are already selling it less than what they bought.

 

At this point if I dont get this car I dont think I am getting a panamera at all due to price point and year model and mileage. So you think this p4 will depreciate even worst even though it used to be a 100k car? I would assume that even with 20k miles after 2-3 years of ownership, it would be priced somehwere around 60k? (Because the dealer and first owner have taken the big hit of around 20k with such low mileage). Correct me if i am wrong dpm.

 

In regards to CPO, I am only keeping this car for 3 years max. Therefore I dont see the need for an extended warranty unless CPO'd car gives me more benefit than just extended warranty? When I test drove the car, the roads were relatively clear so it performed well but I havent tried it in full snowy conditions. Maybe I should go back for another test drive.

 

My last RR was the big daddy and I had a winter (with Nokian snow tires) and summer set of wheels and tires. It did okay but nothing like the Jeep does with all seasons on it. I bought my CPO'd 2010 4s when it was two years old it stickered for around 123K plus the AWE exhaust was already on it. Granted it had about 24k miles but I got over 50K off the sticker price. You can get a better deal, like I told someone else on this board call Frank Tucci at Main Line Porsche. I have a lot of cars and I have probably not put 3k miles on it since I bought it but if you want a Panamera I would advice you to get two sets of wheels and tires and none of them should be 22". It is funny I have been a RR fan a long time then I bought one of those QX56"s (it had 22''s too) hated it and got rid of it in 6 months, then the Jeep (my 1st since the old CJ days) and I doubt I will ever buy any other brand again.

 

Absolution,

The P4 will continue to depreciate. I used to be in the car business some years ago, and can tell you that the P4 will probably be worth about 50-55% of the MSRP when the car turns 3 years old. This is typical for most cars. This is better than american cars, where your lucky if you have 40% of its value at 3 years.

Cars/Trucks/SUV's depreciate. That's what they do, and some more than others. Porsche products hold their value better than most, but will take their biggest hit the first 2-3 years.

Now.. if you want to buy a car that does not depreciate much at all, then buy either a... jeep wrangler, toyota tacoma, or used acura NSX.