Porsche Offering Up To $10,000 Discounts On Outgoing Panamera
Porsche wants to clear its 2020 Panamera stock before it ushers in the 2021MY
Porsche is looking to offload as many 2020 Panameras as it can before the 2021 model arrives and is offering up to $10,000 in savings.
The savings come through the Panamera Discount Match Program that's available through March 31 and consists of a 50 per cent reimbursement of a dealer's discount on the 2020 car. This incentive is valued at up to $5,000 and as Cars Direct notes, could encourage dealerships to slash $10,000 off the Panamera's MSRP.
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2020 Porsche Panamera
This saving is only offered for the Panamera GTS, Turbo, and Turbo S E-Hybrid in both Sedan and Sport Turismo forms. The incentive is available for those looking to buy or lease a Panamera and represents an opportunity to buy a new Porsche at a discount, not something that happens very often.
Visual differences between the outgoing Panamera and the 2021 model are minor and limited to things like a sportier bumper on the Turbo S, darkened taillights on the GTS, an LED light bar at the rear, and new 20- and 21-inch wheel designs. Most of the changes are found under the hood.
New to the Panamera model for 2021 is the Panamera 4S E-Hybrid model featuring a 2.9-liter twin-turbocharged V6 engine that delivers 434 hp and is coupled to an electric motor integrated into the eight-speed PDK transmission with an extra 134 hp, making for a total of 552 hp and 553 lb-ft (750 Nm) of torque. Also new for 2021 is the Panamera Turbo S which replaces the outgoing Turbo and is powered by a 4.0-liter twin-turbo V8 with 621 hp and 605 lb-ft (820 Nm) of torque.
2021 Porsche Panamera